Albo’s manufacturing scab grab takes shape

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Labor couldn’t run a piss-up in a brewery. Here’s a line-up of the parasites jockeying for your money:

…Mondelez International, the local maker of brands such as Cadbury and Oreo, has called for food manufacturing to be added to Future Made in Australia’s “economic security and resilience” investment stream.

…The lobby group for the local caravan manufacturing industry said it would have liked Future Made in Australia to have catered to its sector, given the “broader economic spillover effects of a thriving caravan industry”.

…With billions in subsidies on the table, the peak body for native title organisations said it would need taxpayer support to manage a potential influx of project proposals in areas administered by Indigenous communities.

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…The Australian Information Industry Association, the peak body for the ICT industry, said the government would not achieve its green manufacturing goals unless it also supported the “underlying software and data supply chain”.

…The Maritime Union of Australia urged the government to offer more generous subsidies to companies that used Australian registered and crewed ships, instead of cheaper global rivals.

…Japanese gas giant Inpex said Future Made in Australia should be expanded to support the natural gas sector, which does not fit within the bill’s current vision of green manufacturing.

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Instead, how about we break one supply contract with Japan from the QLD gas cartel and collapse local energy prices?

All of these parasites will benefit, along with every other tradaeble, and we’ll do far more to boost manufacturing while collecting more taxes, not less.

And let’s not forget the other side of the aisle. The LNP refused $500m to keep a car industry that is worth something to safeguard security.

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Canberra should be razed.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.