We need a government that will rebuild Australian manufacturing. One that encourages local companies to produce world class products and, in the process, create secure well-paid jobs for Australians.
Australia manufacturing, skills and training have drifted for nearly a decade. The Liberal's effectively forced the car industry out of the country and Australia now ranks last amongst developed countries when it comes to manufacturing self-sufficiency. This was obvious last year when there were shortages of PPE and other items during the COVID-19 pandemic.
This week, Leader of the Opposition Anthony Albanese announced Labor's commitment to a National Reconstruction Fund. This fund is the first step in Labor's plan to rebuild Australia's industrial base and shape our future.
The fund will provide $15 billion to support projects that create secure well-paid jobs, drive national development, and invest in the Australian economy. It will also support new and emerging industries such as electric vehicles and battery storage, creating the jobs of the future.
I've had the pleasure of visiting many of our local manufacturers over the last year. Many have shown amazing resilience, adapting, and pivoting into new product lines and creating more local jobs in the process. If we had a government that genuinely supported local manufacturing and jobs, I have no doubt more local businesses will do the same.
Australia must build back better after the pandemic. We must invest in local business and job creation.