Labor sets aside $15 billion to invest in ‘industry capability’: Ed Husic

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Industry and Science Minister Ed Husic says the government has set aside $15 billion to invest in “industry capability” across a range of key priority areas.

“When businesses have an idea to grow their business, do something different, create jobs, they approach the National Reconstruction Fund

with a business plan just as if they were seeking investment elsewhere.” Mr Husic said.“This is about national interest and building the economy.”

 

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Sounds good 👍 -unfortunately there are some who will abuse the offer !!

Who has a lazy $15b laying about. Oh that’s right the labor party now has the company credit card!!

Why should military capabilities be included in the range of key priority sreas.

Borrowed money from their Chinese mates.

Please explain.

Problem is they’ll cherry pick their pet projects… merit won’t get a look in.

A “how to” money launder taxpayer cash to political friends of the party! Let’s see if Labor does it better than the Libs did

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