Australian manufacturing industry to be bolstered: PM Scott Morrison

Published: 01 October, 2020 15:20 IST | IANS | Mumbai

Manufacturing in Australia today has been transformed and will continue to transform, Scott Morrison said

Australian Prime Minister Scott Morrison. Pic/Twitter Scott Morrison
Australian Prime Minister Scott Morrison. Pic/Twitter Scott Morrison

Australian Prime Minister Scott Morrison on Thursday said that the country's manufacturing industry will be bolstered aimed at helping the economic recovery from the coronavirus pandemic.

"Long gone are the days of trying to compete with labour-intensive, low-cost manufacturing economies," Morrison was quoted as saying in an Australian Broadcasting Corporation (ABC) news report while speaking at the National Press Club.

"Gone too are any pretentions of protectionism as a viable strategy for domestic manufacturing, that's not where our future is.

"Manufacturing in Australia today has been transformed and will continue to transform," he added.

The premier also said that his government's newly-announced strategy would focus on industries that were already doing well in and "emerging priorities".

Morrison's remarks came after he unveiled the JobMaker Digital Business Plan on Tuesday which will take advantage of technologies to grow and create jobs as part of the country's economic recovery plan.

Keep scrolling to read more news

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

Sign up for all the latest news, top galleries and trending videos from Mid-day.com

Subscribe
loading image
This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK