Through the new $34.4 million Buy Australian at Home and Abroad package, the Government is linking Australian suppliers and manufacturers to opportunities in the resources sector and ensuring that they share in the returns from our current resources boom.
The importance of manufacturing
Manufacturing is an important and integral part of the Australian economy. The mining boom creates both opportunities and challenges for all industries, including manufacturing.
The Building Australia's Future Workforce package will assist in meeting skills and training needs across the manufacturing sector.
Supporting our manufacturers
The Government is working to ensure the manufacturing industry benefits from the mining boom with a $34.4 million package to assist Australian manufacturers.
This package responds to the challenges and opportunities emerging from the current patchwork economy and the high Australian dollar by assisting manufacturers to take advantage of new growth prospects.
This package will help manufacturers to build on existing skills and identify new supply opportunities in the resources sector.
Key initiatives include:
Manufacturing's share of gross domestic product has declined