Building new capabilities in transport, defence, resources, agriculture and food processing, medical science, renewables and low emissions technologies manufacturing are on the cards for the Opposition party.
With Australians headed to the polls on Saturday, the Labor party has made another election promise to win over voters. This time it has targeted the advanced manufacturing sector with a AU$1 billion pledge. Under the AU$1 billion investment, Labor said it will build new capabilities in transport, defence, resources, agriculture and food processing, medical science, renewables and low emissions technologies manufacturing. At the same time, businesses will be given access to capital to diversify operations, industrial processes, and use of research and development to lift their technological capabilities. Labor added its plan will also involve consulting with local communities, businesses, unions, regional development authorities, states and local governments to identify projects that support innovation and grow advanced manufacturing jobs.
