Resolving the ambiguity that surrounds our car industry

Losses in employment can also be expected to attract a greater demand for support in the community in the form of unemployment benefits; adding greater strain to our public budgets. If this does eventuate, then we may also expect to see an increase in family stress, family breakdown, poor health outcomes, and ultimately community dissociation.

Now many of theses costs may not eventuate, or at least eventuate to that extreme. However what it does demonstrate is that we have to be acutely aware as to the ramifications of any decision regarding our car manufacturing industry.

The Federal Government announcement on FBT is greater than simply a discussion on the Carbon Price or the integrity on the taxation system. The decision provides a watershed moment, a chance to resolve the ambiguity that surrounds our car manufacturing industry. Some may wish bury their head in the sand, whilst others may claim that the dire predictions made by industry representatives are baseless.

Neither are acceptable stances to take. Whilst the ambiguity provides that either a protective or supportive approach to the car manufacturing industry remain possible, this scenario comes with costs and risks. The longer we wait, the more limited the opportunities for action become and the greater the likeliness that the voices advocating an end to all government intervention shall find a footing on which to stand.

If our approach is to be one of support, as it seems, then this should be made known now. Although it may preordain the end of the car manufacturing industry, it also provides ample time to support the creation of a new manufacturing industry, new employment and community stability. Surely this is better than the ambiguity that currently surrounds our car industry.