Labor announces $59 million support for car industry

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Opposition Leader Bill Shorten today announced Labor will support the ailing car manufacturing industry with a $ 58.6 million Manufacturing Transition Boost package. With car manufacturing due to end in Australia in 2017, the package is designed to support the automotive supply chain adapt to the new environment, develop new products and new business models. The Labor Leader attacked the Turnbull-Abbott government for failing to support the sector which they say employs more than  45,000 people. Most of the money will be focused on supporting existing state government programs in South Australia and Victoria, the two states which will be hardest hit by the closures.

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