Federal budget gives extra $100m to manufacturing industry

Extra $100m announced to boost manufacturing

posted by Su-San Sit

8 May 2017

The Turnbull government is set to pour $100m into advanced manufacturing to diversify and expand the sector, with a focus on South Australia and Victoria.

Ahead of Tuesday’s budget, industry minister Arthur Sinodinos said $47.5m would be provided, on top of an existing $155m Advanced Manufacturing Growth Fund, to cushion the demise of the country’s carmaking industry.

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Extra $100m announced to boost manufacturing

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