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ARTICLE · 19 AUGUST 2008

Report On The Australian Automotive Industry Released Today.

Hunt & Hunt
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The Australian Government has released today the Automotive Review Final Report. The review was led by the Hon Steve Bracks and is focused on the manufacturing and component suppliers sector of the industry.

AustraliaGovernment, Public Sector
Maria Townsend
Maria Townsend
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The Australian Government has released today the Automotive Review Final Report. The review was led by the Hon Steve Bracks and is focused on the manufacturing and component suppliers sector of the industry. If the recommendations are largely followed by the Federal Government and the States and Territories are persuaded to comply with the ones impacting on them, benefits should follow through to the motor dealer sector.

Summary of recommendations

  • replacing the current Automotive Competitiveness and Investment Scheme with a new and retargeted Global Automotive Transition Scheme designed to support research, development, design and export with Funding to be provided by the Government of $1.5 billion over 5 years;

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