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How much for retail manufacturing?

As the Australian car manufacturing industry spluttered its last gasp, Bill Shorten announced that – should his Labor government ever be elected into power – he would establish a $1 billion dollar investment fund for new initiatives in car manufacturing. Let’s be clear here. Australia has never had a competitive edge in the manufacturing of new cars for the mass market. It is also an industry that directly employed – at its peak – less than 100,000 Australians. Outside of t