Support for Manufacturing Industry

Aug 28, 2012

Q. Do you approve or disapprove of the following types of Government support and assistance for Australia’s manufacturing industry?

 

Total approve

Total disapprove

Strongly approve

Approve

Disapprove

Strongly disapprove

Don’t know

Lower tax rates for Australian manufacturers, even though it would reduce tax revenue.

55%

23%

10%

45%

18%

5%

22%

More direct subsidies and grants to manufacturers from taxpayers.

35%

41%

4%

31%

30%

11%

24%

Take action to force down the Australian dollar

25%

46%

6%

19%

32%

14%

28%

Protection from overseas competition

66%

20%

25%

41%

15%

5%

13%

Joint ventures and partnerships between Government and manufacturing companies

67%

17%

13%

54%

12%

5%

17%

Giving preference to Australian companies when purchasing manufactured products – even if they cost a little more

78%

11%

29%

49%

9%

2%

12%

Governments bringing forward major infrastructure projects with greater preference for Australian materials and products

82%

7%

33%

49%

6%

1%

11%

Require major project builders to give preference to Australian companies

77%

11%

32%

45%

9%

2%

13%

Building more of our major defence requirements here in Australia

77%

8%

33%

44%

6%

2%

15%

There was very strong support for bringing forward major infrastructure projects with greater preference for Australian materials and products (82%), giving preference to Australian companies when purchasing manufactured products (78%), building more of our major defence requirements in Australia (77%) and requiring major project builders to give preference to Australian companies  (77%).

Respondents were more likely to disapprove of forcing down the Australian dollar (46%) and more direct subsidies and grants to manufacturers from taxpayers (41%).

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