Joe Hockey (North Sydney, Liberal Party, Treasurer) Share this | Hansard source

In January 2012, the Julia Gillard went down to Ford and pledged $34 million. She said:

As a result of us making $34 million available to join with Ford in new investment to keep car manufacturing here, we’ll actually see the number of jobs grow. There will be an additional 300 jobs as a result.

So, 300 jobs when they put in an extra $34 million. Six months later, Ford sacked 400 people. That is a 700-person turnaround after Julia Gillard went down there and gave them and extra $34 million. But there is more.

In March 2012, Julia Gillard went to Holden and announced an extra $215 million. Listen to what the Labor Prime Minister at the time said:

Holden will be here in Australia producing cars for at least the next 10 years. That's great news. … So this is a great day for Australian car-making, to be able to announce that Holden will be here for the next decade and we've been able to secure that by working together.

Seven months later, Holden sacks 180 people at the Elizabeth plant and a few months after that Holden announces a further 500 sackings.

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