The Abbott Government has today achieved its objective to drive an Australian icon out of Australia threatening to bring our automotive industry to a halt.
Federal Member for Ballarat, Catherine King said it was devastating news that Holden would cease manufacturing vehicles in Australia.
“Since the first Holden rolled off the production line at Fisherman’s Bend in 1948, Australians had a car that was built by Australians, for Australians,” Ms King said.
“It was the beginning of an icon, a new industry – and our love affair with the motor car.
“For 65 years Holden has been a key driver of local employment, research and development, skills and productivity.
“Manufacturing is an important part of the Victorian economy and Holden sits at the heart of Victoria’s automotive manufacturing industry.
“Australia’s car makers directly employ thousands of people. Indirect employment through their supply chains results in many more thousands of jobs – many of which are in regional Victoria.
“Local businesses in the Ballarat region make metal pressings and assemblies, disk brake pads, seatbelts, exhausts, and automotive electrical harnesses.
“The jobs, design expertise, manufacturing skills and investment provided by our automotive industry flows right through the economy and into other sectors. Our automotive industry is vital for our economic future and it is vital for Australia to stay at the forefront of innovation.
“Government co-investment in the automotive industry delivers a solid return.
“The Abbott Government had been warned of the consequences of their $500 million cut in assistance for the industry would have on our automotive manufacturing industry and our economy.
“My most immediate thoughts are with those employees affected and I call on the Government to work with Holden, the workers and the unions to ensure that they are supported.”