The Essential Report Archive Read the latest report

  • Aug, 2012

    , , , , ,

    Support for Manufacturing Industry

    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%).

Error: