Kate Lundy (ACT, Australian Labor Party, Minister Assisting for Industry and Innovation) Share this | Hansard source

It is obviously a sore point across the chamber. We know the industry is facing difficult times, and Labor is committed to working with the auto sector to ensure it has a strong future. I have already mentioned our $5.4 billion new car plan, and we are investing in improving the productivity and competitiveness of the sector. Holden has indicated publicly that without our $215 million co-investment it would have closed all of its design, engineering and manufacturing operations in Australia. Our government's investment has ensured Holden will stay here for at least a decade and support tens of thousands of jobs directly and thousands more indirectly. (Time expired)