The motivation puzzle | Dan Pink
Automotive subsidies should end, according to the Productivity Commission.
Automotive subsidies should end, according to the Productivity Commission.
Friday, January 31, 2014 May 55 UTC Last updated Thursday, February 9, 2017 March 10 GMT.
The productivity Commission believes that the automotive sector should not receive extra help to taxpayers beyond 2020.
In a report commissioned by the Federal government coalition, the Commission described as weak arguments for financial assistance.
He said the community would be better with the end of subsidies.
Our draft proposal is that there should be no other specific industry funding beyond 2020, Deputy President of the Committee on Mike Woods said in a statement Friday.
The Commission opposes an additional bailout for Toyota and component manufacturers.
Instead governments could best help by undertaking economic and regulatory reforms to broad base and the removal of barriers to greater flexibility in the workplace.
But Woods said a significant or uneven reduction of grant funds in the coming years, as reported in December of review of mid-year budget might raise the risk of earlier closures by Ford and Holden.
It could also have a negative impact on investment decisions by Toyota and its component suppliers, said Woods.
The government has asked the commission for review in October, shortly after the Coalition came to power.
Toyota is expected to make a decision on his future in Australia in the months seeking changes to an enterprise bargaining agreement with its workers.
The Committee takes submissions to its interim report before February 13.
Public hearings will be held in late February and a final report submitted to the government before March 31.
The Commission specifically seeks views on the best ways to help employees and their communities to adapt to industry changes.
He also wants to know if employees of some component companies that could close the face of more difficult circumstances that the employees of Ford and Holden, and whether the benefits of the first budget cuts could result in even greater adjustment costs for industry .
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