Home > Auto assistance fund program delayed

Auto assistance fund program delayed

article image

There appears to have been delays in the delivery of the federal government’s pledged $100 million assistance package, announced after Holden revealed its decision to end manufacturing in Australia.

Fairfax reports that only $72 million has so far been pledged to the program – made up of $60 million from the federal government and $12 million from the Victorian state government.

Reviews of the SA and Victorian economies, part of assistance announcement, have not been presented to cabinet. A March deadline had been set for the reports to be delivered.

The preliminary report on Victoria has not been given to industry minister Ian Macfarlane, but Fairfax claims it has not been discussed “despite the minister’s best efforts”.

Cabinet is due to meet next on April 14. 

Image: drive.com.au

Newsletter sign-up

The latest products and news delivered to your inbox