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Labor promises auto industry support

A Labor federal government would pump $10 million into the south-east to support auto-industry workers and businesses.
The cash would come from a $59 million Manufacturing Transition Boost project.
Support of up to $2 million would be available to businesses that had planned investment projects that would boost jobs, productivity and industry capability but were having difficulty accessing finance.
The package is designed to provide pathways to new jobs for skilled workers by attracting new business investment in advanced manufacturing.
Firms would receive incentives to diversify into new products and markets and employ automotive workers who had lost their jobs.
“I’m pleased that the south-east has been prioritised given the looming impacts on workers and businesses affected by the closure of vehicle manufacturing,” ALP Bruce candidate Julian Hill said.
“Manufacturing remains a critical part of our local and national economy and Labor will back the transition to advanced manufacturing.”

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