Senate debates

Monday, 9 December 2013

Questions without Notice

Automotive Industry

2:39 pm

Photo of Alex GallacherAlex Gallacher (SA, Australian Labor Party) Share this | Hansard source

My question is to the Minister for Finance, Senator Cormann. I refer to the minister's responsibility for budget policy advice and processes and review of government programs. Is the minister aware that for an average of $300 million per annum the government can save the entire auto industry? Has the government given up all hope of attracting over a billion dollars in new investment from General Motors Holden? Is the government aware that it can secure this investment for much less than $150 million per annum post-2017?

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