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Re: BullNBear52 post# 250037

Sunday, 06/26/2016 8:09:29 PM

Sunday, June 26, 2016 8:09:29 PM

Post# of 487546
Obama is no Abbott, Hockey, Ian MacFarlane or Pyne either, so he saved the American auto industry.

Who killed the car industry?

Jason Dowling Date November 13, 2015

The end of of Australia's car manufacturing industry is approaching and it will be brutal. It is
shaping as an extinction event of Australian jobs, an entire industry being wiped out, writes Jason Dowling.

[...]

"They [the Coalition] went to the election and they won the election on the basis that they'd defund the
Automotive Transformation Scheme and it was their policy in effect to close the industry and they did it," he says.

Those in the Coalition close to the action in 2013 are not talking. Tony Abbott, Joe Hockey and Ian Macfarlane, declined or did not respond to requests for interviews.

A spokesman for new Industry Minister Christopher Pyne, who is from South Australia, one of the hardest states hit, declined to
comment on whether Holden presented an offer to the Government in October 2013 to build new two news cars in Australia after 2016.

http://www.smh.com.au/business/the-economy/who-killed-the-car-industry-20151112-gkx1c8.html

===

Adelaide submarine build not enough to help SA's unemployment, economist says

Updated 27 Apr 2016, 12:00pm

The decision to build Australia's 12 new naval submarines in Adelaide is not a silver bullet,
and will not create enough jobs to cover losses at Holden's Elizabeth plant, an economist says.

Key points:

* Local submarine build will create 2,800 jobs nationwide
* Economist says the project will not fill the hole in jobs created by Holden's closure
* AMWU says troubled steelmaker Arrium should be involved in the project

French company DCNS secured the $50 billion contract to build the next fleet
submarines and promised more than 90 per cent of production will occur in Australia.
http://www.abc.net.au/news/2016-04-27/submarine-build-not-enough-to-help-sa-unemployment/7361622

I think Shorten's position is that Australian jobs should be written into the submarine contract, not merely promised.

The UK Brexit decision has given Australia's conservatives a boost in the upcoming election.





It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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