Victoria supports car industry

THE Victorian government last week released a new $245 million manufacturing and services plan to help businesses upgrade technology, increase training and find new markets.

It includes the implementation of a $6.7 million Victorian Automotive Manufacturing Action Plan that is designed to help suppliers become internationally competitive and gain access to global supply chains.

Premier John Brumby also promised to cut down business regulation by 25 per cent within three years.

Echoing the sentiments expressed in response to the federal government’s new car plan only nine days earlier, GM Holden chairman and managing director Mark Reuss said the plan was a vote of confidence in the long-term sustainability of local manufacturing and innovation.

“The Victorian government’s plan addresses the immediate pressures faced by Australia’s automotive industry as well as ensuring the future success of Victorian manufacturers,” said Mr Reuss.

“In order for the industry to remain a viable manufacturing state, given the highly competitive global market, we welcome a plan aimed at growing exports by establishing and maintaining competitive advantages.

“The Victorian government’s manufacturing plan is a timely, well-considered state response consistent with the federal government’s commitment to new, more environmentally-friendly technologies.”

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