House debates
Tuesday, 30 September 2014
Bills
Automotive Transformation Scheme Amendment Bill 2014; Second Reading
7:56 pm
Kate Ellis (Adelaide, Australian Labor Party, Shadow Minister for Education) Share this | Hansard source
Modelling from the University of Adelaide shows that the loss of the industry will have a negative annual shop of $29 billion by 2017, or about two per cent of GDP. We know that Labor's support was critical in keeping the industry here and attracting new investments, new models and new capacity—with four out of 10 of Australia's top-selling cars made locally. The previous speaker wants to talk about consumer choice but let's just revisit that figure: four out of the 10 top-selling cars in Australia have been made locally.
Due to the decisions made by the government since the election, South Australia is projected to lose around 24,000 jobs—something those opposite can be particularly proud of! Welfare payments and lost tax revenue from an industry shut-down—
Mr Hartsuyker interjecting—
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