Australian manufacturers across six priority areas will receive more help to expand in high-value areas through an almost $1.5 billion budget boost.
Prime Minister Scott Morrison outlined the coalition's manufacturing strategy at the National Press Club in Canberra on Thursday."We make things in Australia. We do it well. We need to keep making things in Australia," he said.
The government will make $1.3 billion available in Tuesday's federal budget to partner with private investors across three manufacturing streams. "Too often in the past, industry policy has ignored these foundational elements in the vain hope subsidies and work-arounds could make up for broader deficiencies in our economic settings," he will say.
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