This paper introduces the Productivity Commission's inquiry into public support for Australia’s automotive manufacturing industry, including motor vehicle and automotive component production, and invites readers to make submissions.
It contains and outlines:
- the scope of the Review
- the Commission’s procedures
- matters about which the Commission is seeking comment and information, and
- how to make a submission.
Find out more about making a submission here.
Australian and State Government support for the automotive manufacturing industry is provided through the current Automotive Transformation Scheme, which provides assistance in respect of production and support for research and development and capital investment, through ad hoc grants provided to vehicle and component manufacturers, through tariffs and through relief from some state taxes.
With the withdrawal of some manufacturers from local production in Australia, recent uncertainty surrounding tax policies affecting the industry, variability in exchange rates and the increasing openness of Australia’s automotive retail market, the circumstances under which assistance is provided to the industry warrant review.