Albo’s vow to ‘save manufacturing’ defies energy reality

Monday 27 October 2025

Prime Minister Anthony Albanese has launched a new propaganda campaign promising to make Australia a strong manufacturing nation again.

Albo’s promise comes as Australia’s dying manufacturing sector has shrunk to a record-low 5% of GDP.

“Prime Minister Anthony Albanese has vowed to make Australia a manufacturing powerhouse again amid warnings from business leaders that local industry is “dying”, reported the Herald-Sun.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.