Collapse of Australian car manufacturing will harm R D in other sectors: study
- Written by Abbas Valadkhani, Professor of Economics, Swinburne University of Technology
By the end of next year, car manufacturers Mitsubishi, Ford, Holden and Toyota will all have largely exited Australian manufacturing, taking their assembly lines overseas where the cost of production is significantly lower. This will create a vacuum for 260 businesses that supply accessories and components to the Australian automotive sector.
But...
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