Last week we saw the end of car manufacturing in Australia by Ford. It was a sad day for many people. Toyota and General Motors will be gone next year.
Joe Hockey goaded our car manufacturers to leave Australia. He obviously thought Australia would be better off without them. Instead this government which claim’s business and economic expertise has agreed to submarines being built in Australia at horrendous cost, at great risk and with few benefits.
The closing of the three car manufacturers and the much hyped submarine building in South Australia, is an example of flawed industrial policy and outrageous protection. (more…)

