abbott

abbott
Showing posts with label bailouts. Show all posts
Showing posts with label bailouts. Show all posts

Friday, 6 December 2013

Holden won't get extra money, says Tony Abbott

Responding to another round of speculation that Holden will shortly quit its Australian assembly operations, Tony Abbott told 3AW on Friday the government would appreciate clarity from the company: “I do wish that Holden would clarify their intentions because at the moment they've got everyone on tenterhooks.”
Abbott said there would be no extra money for Holden “over and above the generous support the taxpayers have been giving the motor industry for a long time”. Guardian AU

Wednesday, 2 October 2013

Bailouts 101 with Ian Macfarlane

Doesn't know how to do it or how to pay for it but will do it anyway because reasons

Industry Minister Ian Macfarlane wants Holden to continue to build cars in Australia for the next 100 years.

He's not sure how much money the federal government can offer to help save the company or where it will come from
News