{"id":58162,"date":"2022-11-29T13:52:17","date_gmt":"2022-11-29T03:22:17","guid":{"rendered":"https:\/\/www.aumanufacturing.com.au\/?p=58162"},"modified":"2022-11-29T13:52:17","modified_gmt":"2022-11-29T03:22:17","slug":"legislation-to-launch-national-reconstruction-fund-to-be-tabled-tomorrow","status":"publish","type":"post","link":"https:\/\/www.aumanufacturing.com.au\/legislation-to-launch-national-reconstruction-fund-to-be-tabled-tomorrow","title":{"rendered":"Legislation to launch National Reconstruction Fund to be tabled tomorrow"},"content":{"rendered":"
The federal Minister for Industry and Science Ed Husic will introduce legislation to establish the $15 billion National Reconstruction Fund – the centrepiece of the government’s approach to boosting manufacturing – promised during the recent federal election campaign.<\/p>\n
Husic told the national press club that the legislation would be introduced tomorrow which would set in motion extensive consultation with investors and industry on the shape of the fund and how it would work.<\/p>\n
Noting that today is the anniversary of the day in 1948 when the first Australian Holden car rolled off the assembly line at Fishermans Bend in Melbourne, he described the fund as ‘one of the largest peacetime investments in Australian manufacturing capability’.<\/p>