.ScottMorrisonMP isn't happy! auspol holden
Source:News Corp Australia Industry Minister Karen Andrews’ frustration with the failing car company extended to its poor communication and lack of respect for her cabinet and colleagues. “I don’t think it’s acceptable for Holden to have made this decision without any consultation with government,” she said.
“It would have shown a considerable amount of goodwill, as well as decency, in picking up the phone and talking to government beforehand.” Leading independent economist Saul Eslake said he had sympathy for the Government’s irritation but the diminishing popularity of the Holden brand coupled with its inability to evolve for modern consumers meant it had no option but to cease its operation. “If they’re not selling enough cars for the business to be viable, I’m not sure that commercially they could have taken any other decision,” he told news.com.au. “Over a long period of time they have not only received cash investments from the government but also tariff protection as well. “But ultimately it comes down to whether or not the brand is popular with consumers and it would seem that over a long period of time it has become much less so.”State and federal Labor leaders were critical of the Government’s decision to cut support for the Holden operation back in 2013 when then Treasurer Joe Hockey was bullish with his ultimatum, famously telling GM “either you’re here, or you’re not.” Deputy opposition leader Tanya Plibersek said the investment through subsidies was justified given the company’s huge contribution to the wider community. In 2013, she said Holden had generated $32.7 billion to the Australian economy between 2001 and 2012, over a period when the government had handed out $1.8 billion in support.“It was becoming increasingly unviable commercially to continue producing in Australia,” he said. “If the Government had continued to throw money at supporting the production of cars which were increasingly less popular we would have got to this point some stage or another.” Knowing what policymakers know now about the doomed car manufacturing industry, Mr Eslake said dishing out so much cash was a mistake.
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