none

Coalition’s strong focus on industry

31-08-2010
by 
in 
Coalition’s strong focus on industry

Experienced MP Ian Macfarlane has landed the key Industry portfolio in the new Abbott Cabinet.

Ian Macfarlane was the Shadow Minister for Energy and Resources in Opposition and the Minister for Industry, Tourism and Resources in the Howard Government from 2001 to 2007.

He is one of the most experienced Ministers in the Prime Minister’s new Cabinet.

His appointment is at the expense of Sophie Mirabella, who looks certain to lose her Victorian seat of Indi to Independent Cathy McGowan.

Ms Mirabella was Shadow Minister for Industry, Innovation and Science in Opposition.

Mr Macfarlane was first elected to the House of Representatives for Groom, Queensland in 1998.

His appointment reinforces Mr Abbott’s pre-election commitment to focus on reviving the struggling manufacturing sector.

Senior liberal Andrew Robb, the Shadow Minister for Finance in Opposition, has been rewarded with the newly created portfolio Trade and Investment.

Mr Robb and Mr Macfarlane will be tasked with driving a new wave of investment in Australian manufacturing, resources and agriculture.

The Coalition announced two new items of funding for manufacturing during the election campaign, worth $50 million each, under its policy to Boost the Competitiveness of Australian Manufacturing.

This includes a Manufacturing Transition Fund, to “provide grant funding of up to $10 million to help communities transition to new and expanding manufacturing sectors.”

The Coalition also aims to restore funding to Export Market Development grants, to assist SMEs and further develop export markets.

It has also pledged to cut red tape for small business, saving $1 billion a year by eliminating unnecessary expenses.

Related news & editorials

  1. LEAA Sector Benchmark Research
    15.04.2021
    15.04.2021
    by      In
    There is a move towards new and productive, even more technologically savvy, ways of working, according to the latest investigations by the Lifting Equipment Engineers Association (LEEA), from their sector benchmark research.
    Seventy-two percent of firms reported being optimistic for the next six... Read More
  2. 15.04.2021
    15.04.2021
    by      In
    Farmers already battered by drought, fires and floods now face large losses in crops and damaged equipment from the mice plague currently affecting areas from Queensland to Victoria to the South Australian Mallee.
    Haulage truck drivers have described ‘waves of movement’ across the road in grain... Read More
  3. australian made logo
    15.04.2021
    15.04.2021
    by      In
    You’ve seen the green and gold kangaroo on all kinds of products, but have you ever wondered exactly what it means, how it came to be, who is using it, or how you can use it yourself?
    The AMAG (Australian Made/Australian Grown) logo has been around for 35 years. Back in 1986, the Australian... Read More
  4. Hayley Glasgow
    12.04.2021
    12.04.2021
    by      In
    More than half (55%) of Australian manufacturers with off-shored operations intend to bring them back to our shores by 2023, according to a survey of 500 senior manufacturing employees in December last year.
    This is largely being driven by market volatility caused by the pandemic and strained... Read More
Products
Suppliers