Labor pushes for Abbott to save Holden for $150 million

LABOR'S former industry minister Kim Carr says the Federal Government could save Holden for an extra $150 million per year, and secure the entire Australian automotive industry by spending an extra $300 million per year.

Senior Government ministers have told the ABC they believe Holden is on the verge of announcing it will cease production in Australia as early as 2016, but Industry Minister Ian MacFarlane says no decision has been made.

On Friday Prime Minister Tony Abbott declared there would be no more money for the car company, and called on it to come clean about what it had planned for its Australian operations.

But Senator Carr has told Newsradio the Government has known for some time that preserving Holden's Australian operations would cost around $150 million extra per year.

"For $300 million a year, Holden, Toyota and 160 component manufacturing companies plus all the suppliers that flow from there can be preserved but the Government does not want to face up to its responsibilities," he said.

Read more at ABC news online.

Topics:  coalition holden ian macfarlane kim carr labor

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Be the first to see controversial animated children's film

FURRY FRIENDS: Mopsy (Elizabeth Debicki), Flopsy (Margot Robbie), Benjamin, Bea (Rose Byrne), Peter Rabbit (James Corden) and Cottontail (Daisy Ridley) in Columbia Pictures' PETER RABBIT.

Advanced screening of Peter Rabbit in Lismore this weekend

Rosanna has designs on female taboo

Artist Rosanna Pimm uses 3500 porcelain tampons to created her large scale performance installation  Riots of Passage in The Quad  as part of The Lismore Women's Festival on International Women's Day. Laying down and de-constructing the mandala structure symbolises the impermanence of the menstrual cycle and an end to female inequality in the world.

Rosanna has designs on female taboo

Another win for city's calender

NO PROBLEM: Eat The Street.

Another win for city's calender

Local Partners