PM’s $500m payoff to SA, Vic industry

Original article by Phillip Coorey, Simon Evans
The Australian Financial Review – Page: 1 & 4 : 11-Mar-15

The Australian Government will retain a $A500m industry assistance scheme for the local car industry, despite its impact on the Budget bottom line. It wants to ensure that automotive component makers remain financially viable until the local car manufacturing ends. GM Holden has indicated that the Government’s support for the scheme will increase the likelihood that the car maker will keep its plants open until the scheduled shutdown, while Toyota says it definitely will not close its plant before the end of 2017

CORPORATES
GM HOLDEN LIMITED, GENERAL MOTORS CORPORATION, TOYOTA MOTOR CORPORATION AUSTRALIA LIMITED, AUSTRALIA. DEPT OF INDUSTRY AND SCIENCE, FORD MOTOR COMPANY AUSTRALIA LIMITED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, LIBERAL DEMOCRATIC PARTY, AUSTRALIAN LABOR PARTY, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN MANUFACTURING WORKERS’ UNION, THE CENTRE FOR INDEPENDENT STUDIES LIMITED

Imports key to cheap luxury cars

Original article by Ben Potter
The Australian Financial Review – Page: 3 : 27-Aug-14

The Australian Government will soon review the Motor Vehicle Standards Act, and Industry Minister Ian Macfarlane says it will take on board a recommendation by the Productivity Commission to liberalise the market for "grey" imports. A duty of $A12,000 on used cars sourced from overseas may be scrapped, and consumers could be able to save $A2.6bn annually by buying comparable models brought in from countries such as Japan and the UK. The automobile industry is opposed to the plans

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY, AUSTRALIA. PRODUCTIVITY COMMISSION, GM HOLDEN LIMITED, GENERAL MOTORS CORPORATION, TOYOTA MOTOR CORPORATION AUSTRALIA LIMITED, FORD MOTOR COMPANY AUSTRALIA LIMITED, FEDERAL CHAMBER OF AUTOMOTIVE INDUSTRIES, THE AUSTRALIAN INDUSTRY GROUP, NICK THEODOSSI PRESTIGE CARS