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A future made in Australia.

  • brypat3
  • Apr 16, 2024
  • 2 min read

Updated: Apr 20, 2024

The prime ministers announcement is in principle a step in the right direction. The opposition will no doubt continue their vacuous challenges as they do on any issues.

BUT may it be said, that for the last 60 or 70 years both of the so called Two party system has failed to address the matter of local manufacture.

In 1976 when for some years the successive governments finally set up the "Foreign investment review board" to monitor and review applications for investment in Australia. The voters believed that this was to limit or at least slow down the wholesale take over of many of our manufacturing businesses. Rarely was it to genuinely invest,by estrablishing new businesses or starting up a new enterprise.

No doubt the then protection system that applied in those days had become a joke.

The manufacturing sector that prevailed at that time, simply took advantage of our high tarif system that applied at the time. No consideration was given to the interrest ot the people. Then the Two party system, which ever was in power at the time were instantly, only interrested in looking after their vested friends.

This is the status that applies tody.

Then came the establishment of the World Trade Organisation in about 1996. Ostensibly a good idea except that Australian governments seemed to embrace it almost without question. Successive Teade Ministers rarely, if ever, signed agreements that were genuinely fair or to our benefit. In fact a royal commission, examining all trade agreements as to their benefit to Australias's interrests,would be a good idea. Almost inevitably the Trade Minister of the day would return home boasting how the trade agreement just signed was the best thing since sliced bread. In fact it generally favoured the other nation more than Australia. Once again it is clear to see our national interrest has never been at the forefront of the major parties minds.

 
 
 

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