More money for automotive transition

- Labor leader Bill Shorten has unveiled a $58.6 million plan to help automotive suppliers develop new products and markets in a bid to encourage investment and job creation as the car industry winds down over the next 18 months.

- The assistance will be targeted at the regions that will be hardest hit by the withdrawal of the three car manufacturers and includes several areas around Melbourne, and the region north of Adelaide. Areas of New South Wales and Queensland will also be addressed.

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