Productivity Commission? WTF? Is this a joke? It sounds like something out of 1984. Or the Soviet Union.
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^^^At the winning of the election last year, the new "Liberal" government (incase you weren't aware, Liberal is actually conservative in Australia) has gone on a commission binge to justify all the throats it's going to slit at the upcoming budget. Marked for review really means marked for death.
The Labor government had a party and left a bit of a mess. Their biggest issue was not managing things and spending money before it arrived. So now, "nothing is off the table", even things the promised not to touch. They more than doubled the debt ceiling "to prevent what happened in America from happening here" and come May they are ready to start chopping.
It's the "abbottoir" [sic] we had to have.
Productivity Council = a lot of accountants who review decisions by a lot of accountants who know SFA about productivity. Alternatively you could describe them as people who try to audit something before it has been done (at least that is how it seems to me)
edit, damn, Neanderthal beat me
Anyway what is happening to the Australian auto production industry is sad but I don't think pushing taxpayer dollars could possibly improve lives of the population as a whole. Though in my own country Marchionne is asking for billions so we can have some junk minivans. It's really an unfortunate right mess that we have gotten ourselves into when this stuff starts becoming so common...
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Last edited by Smaart Aas Saabr; 02-14-2014 at 08:15 PM.
Last edited by chinamonty; 02-16-2014 at 08:11 PM.
So now the most obvious answer to the withdrawal from Australia comes to light and I am surprised we didn't all notice. South Korea and Australia are about to sign an FTA so Holden will get their GM vehicles from South Korea and some from Opel.
Ex Spurts commentary even though I think Japan is still our highest importer (whoops).
So any Australian product would have to compete against an industry 9x bigger than ours. That is specifically why Aus manufacturers could only build a unique or premium product with strong opportunities for export, to stay viable.Originally Posted by mikmak
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