While you’re here… help us stay here.
Are you enjoying open access to policy and research published by a broad range of organisations? Please donate today so that we can continue to provide this service.
|Benefits of a national local content policy||1.64 MB|
This report finds that governments missed out on $1.85 billion in cost savings over the last decade, due to inefficient local content policies in place across Australia.
The identified foregone procurement cost savings from the last decade include:
States and territories use different procurement policies for purchasing rail assets such as rollingstock, including state-based local content requirements. The report finds that while this approach supported local jobs in the short term, it undermines the long-term sustainability of the rollingstock manufacturing industry.
A national approach to rollingstock procurement would allow both governments and industry to achieve improved outcomes, realising the cost savings outlined in the report. A national approach would also support the growth and competitiveness of the industry, supporting further jobs growth in this essential market.
Towards a national local content policy https://web.archive.org/web/20221102060320/https://ara.net.au/wp-content/upload…