What is the Abbott Government doing wrong? Many could argue long and hard over that question, but in this guest article Andreas Bimba points to their strong neo-liberalism as one of their main failings.
In December 2012 Toyota announced the opening of its new engine plant at Toyota Australia’s centralised manufacturing operations in Altona, a western suburb of Melbourne. This was a little more than a year ago. Although times were tough then with a historically high Australian dollar, a fragmented market, almost no trade protection and only moderate government co-investment (to partially compensate for relatively high Australian wages), Toyota must still have seen a future for the Australian automotive manufacturing industry.
These external negative factors have not really changed from one year ago. If anything, the Australian dollar has fallen so conditions should in reality be better.
What is different is the attitude of the current Federal Government, with…
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