The manufacturing sector in Australia has been feeling the pressure of the high Aussie dollar and cheap imports, but with a plan for innovation in Australian manufacturing, we can look forward to a bright future.
Local manufacturing jobs have been under threat from a high Aussie dollar and overseas companies unfairly dumping cheap goods into Australia. That hurts sales of locally made goods.
Labor has introduced a $1 billion plan to help boost Australian innovation, productivity and competitiveness. That means we'll see more investment in innovative manufacturing so Australian manufacturing can lead the world. We won't always be cheaper, but we can definitely make smarter and better products than what's available from overseas.
A Plan for Australian Jobs will back our firms to win more work at home, support industry to win new business abroad and help our small businesses to thrive and grow.