And that makes 3 - Toyota bails out

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Ducatiboy stu

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Suprised they managed to squeeze this story in amongst all the hoopla in Bali
 

indica86

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Are Toyota relocating to Kerobokan Prison?
 

Bribie G

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The car industry was a bastion of unions and high wages. Now Abbott and Gina RindPork can look forward to an Australia of the mega rich riding on the backs of the toiling masses of $4 an hour slaves. No problem, feed the slaves with episodes of Dancing with the Stars and Home and Away served out to them on their cheap Chinese TVs from Walmart also staffed by $4 an hour slaves and they will be content, blaming the single mothers on $40 a week for all their problems.

edit: all this information to be channeled to the slaves via Murdoch media. The perfect triumvirate.
 

law-of-ohms

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I welcome back the turbo nissan to Bathurst 1000
 

carniebrew

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Think of it this way. With no car manufacturing industry in Australia to protect, surely the govt has to drop all import tariffs...which were in place only to protect the fact we couldn't make cars anywhere near as cheaply as overseas can.

So a whole bunch of imported cars will become a whole lot cheaper, as our buddies over in NZ have been enjoying for decades now....
 

Ducatiboy stu

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Surely you jest......they can name the price now as we have no other choice but imported cars. A somewhat captive market.

But I still have my MM1000 ute...so I cant see myself upgrading any time soon.
 

spog

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I heard Bill Shorten on the radio today blaming Tony Abbott .!
He said that its Abbott's fault,then said he has only been in the top job 5 months.

Nothing about the Labour government achieving SFA in their time,nothing about the world economy being up shit creek.
Not bothering to mention that the automotive industry has been sinking for years ! Not in the last 5 months.

As I said in a txt to ABC radio today " if Shortens eyes are not yet brown they soon will be,he's full of it !

Billy boy fucked up again.
 

Tahoose

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I did here about this when talking to a Holden engineer last week, he said it would be announced soon. He also said that Holden leaving was Obama's fault and not Abbott's. Apparently when Obama's government bailed out General Motor's in the GFC, the caveat was that GM had to bring all of the jobs back to the States.

I'm not sure what to make of it, but.... if anybody thinks that the price of imported cars is going to come down, I ask the question, do you also think the excise on Alcohol is going to be reduced aswell? Or that petrol will come down?

Not bloody likely.
 

Bribie G

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The LabOr government steered us through the GFC without the collapse of banks, without 25 percent unemployment as in many parts of Europe, despite the world economy being up shit creek as pointed out. One Term Tony has just accelerated the demise of manufacturing in Australia.
 

DU99

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In my life time we also had Nissan,Mitsubishi,Chrysler they also disappeared as auto cars makers here..
 

carniebrew

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Ducatiboy stu said:
Surely you jest......they can name the price now as we have no other choice but imported cars. A somewhat captive market.

But I still have my MM1000 ute...so I cant see myself upgrading any time soon.
No way....the imported new car market is hardly a monopoly! Competition will be fierce, and now like other markets we'll finally start to get some seriously sweet mod cons on our cars as standard, because the price won't be jacked up $10k by government tariffs.
 

yum beer

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The need for us to be involved in 'the wold economy' is squarely to blame.....
if we had no imports produced in countries with disgustingly low wages and poor conditions then the Australian car industry would be as strong as ever.
So would every other industry that has gone down or is sliding down the gurgler.

**** the world economy, why do we need to drag our arses down to the low living standards of developing countries to feel good about ourselves.
Stop importing shit, make it here, sell it here and everybody has a job, a house and money in their pocket, not just the industry fat cats and politicians.
 

Tahoose

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My other big bugbear is the taxes that we pay, I looked into this maybe a year ago and the yanks could buy a Holden SS (badged Pontiac GTO) that was made in Adelaide for $10,000 less than what we could.

Surely that makes next to no sense at all
 

yum beer

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And Americans can't get life saving surgery for under $50,000.
I'm happy to pay 10 grand more for an SS. Then get free treatment when I wrap it around a pole.
 

Tahoose

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:icon_offtopic: Here is a totally different discussion, my day job sees me at a hospital in theatre, I'd rather pay the extra and pick my surgeon rather than get the work done for free. Each to there own.

It does piss me off though.

Surely they could have taxed the crap out of things like Kia's and Hyundai's and not taxed locally built models so much, hell even dangle a Australian made air freshener from the mirror. Then people would be happy to buy an affordable locally built car.
 

eamonnfoley

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yum beer said:
The need for us to be involved in 'the wold economy' is squarely to blame.....
if we had no imports produced in countries with disgustingly low wages and poor conditions then the Australian car industry would be as strong as ever.
So would every other industry that has gone down or is sliding down the gurgler.

**** the world economy, why do we need to drag our arses down to the low living standards of developing countries to feel good about ourselves.
Stop importing shit, make it here, sell it here and everybody has a job, a house and money in their pocket, not just the industry fat cats and politicians.
Us Aussies are always quick to blame others. The reasons for this is that we've (mainly the government) has created a country where its too expensive to do business, unless your in the service industry where you can mark cheap imported products up by 400%. Laws that encourage real estate to balloon (i.e. negative gearing) are increasing the cost of leasing, buying, renting premises, not to mention the fact that everyone is paying more for mortgage or rent - they need to get it from somewhere (so costs of products goes up to increase peoples income). And in general too many rules, regulations, and red tape around everything make the end price of a manufactured product very high in Aust.

Yes some goods are made with cheap labour, and there are problems in that regard - but thats only a part of it. Look at what Germany for example is doing. They manage to keep costs down (through a system that doesnt encourage property speculation, and possibly the Euro working in their favour), and produce high quality manufactured products that nobody can match, in specialist industries. For example a massive machine that digs tunnels, electrical equipment, cars, or the Braumeister :). And they encourage apprenticeships, as well as having a massive family business sector (and mentality). Germans and German companies also avoid going into debt if possible too, even if they grow slower.

We need to leverage our vast skills and high quality of education, and offer something more than just mining (And I am in mining myself). And direct our investment dollars away from property, which is a non-productive asset.
 

Scooby Tha Newbie

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Bribie G said:
The car industry was a bastion of unions and high wages. Now Abbott and Gina RindPork can look forward to an Australia of the mega rich riding on the backs of the toiling masses of $4 an hour slaves. No problem, feed the slaves with episodes of Dancing with the Stars and Home and Away served out to them on their cheap Chinese TVs from Walmart also staffed by $4 an hour slaves and they will be content, blaming the single mothers on $40 a week for all their problems.

edit: all this information to be channeled to the slaves via Murdoch media. The perfect triumvirate.
Don't let the facts get in the way. Hahaha maybe it's worth paying some yobo 125,000 per year to do 35 hrs a week.
And btw we as tax payers we where paying 50,000 of that pay packet.

Hope fully now we can see some real tax cuts And grow the economy.
The only reason why Australia did so well Thu the Efc was China buying our iron and coal that and the low Aussie dollar at the time.
 
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