Second worst deal
Aug 16th, 2008 | By David Harper | Category: OpinionPaul Kelly: The Bracks review offers a political trade-off for the future of Australia’s car industry: tariffs will be cut to 5 per cent as planned by John Howard but direct government grants will be increased and last for more than a decade.
This is the strategy handed to the Rudd Government in an effort to preserve Australia’s tariff-cutting credentials yet provide hefty extra taxpayer-funded support to our biggest manufacturing industry.