Automobile manufacturing in Australia is in trouble. Japanese automaker Toyota recently decided to stop manufacturing cars in the country. Industry experts and trade unions are worried the decision could push parts of Australia into recession.
Last May, Ford Motor company said it would stop manufacturing in Australia. General Motors announced late last year that it also plans to suspend factory operations in the country.
Toyota says more than two thousand of its workers will lose their jobs, but trade unions say the companys decision to end production could leave 50,000 Australians jobless. They say the decision could take $19 billion away from the Australian economy, the states of Victoria and South Australia would be hurt the most.
Australias car manufacturing industry was once very strong. In recent years, Australia produced about 200,000 vehicles a year for sales at home and for export. The industry spent more than $540 million on research and development.
John Spoehr is executive director of the Australian Workplace, Innovation and Social Research Center at the University of Adelaide. He says carmakers have found it difficult to operate in Australia.
We now have one of the most competitive auto markets in the world with at least sixty different models here. In addition, we had declining demand internationally as a consequence of the global financial crisis, and the rise of low-cost manufacturing in India, China and Thailand, said Spoehr.
The collapse of Australias car industry has also raised concerns in the Australian parliament. The opposition has accused Prime Minister Tony Abbott of not doing enough to persuade Toyota not to close down its factories.
Mr Abbott has argued that he cannot be blamed for the industrys long-term decline, because he has been in office for only a few months.
Traditionally, Australias car industry has received billions of dollars in government assistance. The government has asked its productivity commission to investigate public support for the automotive industry. The commission carries out research, and makes suggestions on economic, social and environmental issues.
The group has noted that big changes are taken place in Australias car industry. It says the changes are affecting both industry employees and manufacturers of car parts. The commission is planning to give its final report to the government by the end of March.
And thats the Economics Report from Learning English. For more Learning English programs, visit our website, 51voa.com. Im Mario Ritter.
国际英语资讯:WHO warns against lifting restrictions too soon amid signs of slowing in COVID-19 infections
我的发现
推特CEO要捐10亿美元对抗新冠,占他个人总财富的1/4
美国疫情爆发后,一些公园的人流量竟然暴增,甚至翻倍
My Family 我的家庭
体坛英语资讯:Kenyan Chumba eyes Tokyo marathon title
国内英语资讯:Xi says China ready to continue supporting Mexico in COVID-19 fight
体坛英语资讯:Namibias Kakololo to challenge South Africas Dlamini for WBC Silver featherweight title
从动物身上得到的启示
国内英语资讯:Xi says China ready to continue helping Venezuela fight COVID-19
大自然的启示真多
体坛英语资讯:Good weekend for Barca and Atletico, bad one for Real Madrid
动物给人类了许多启示
国内英语资讯:Chinese vice premier talks with British finance minister on bilateral cooperation
国内英语资讯:Slanders, accusations will not drive viruses away: Chinese FM spokesperson
体坛英语资讯:World Broadcaster Meeting for Beijing 2022 held in Madrid
何时卖掉一只股票呢?
体坛英语资讯:Union Berlin stun Frankfurt 2-1 in Bundesliga
“白杨胡”落地的奥秘
养金鱼
成功的投资者都有什么特点?
国际英语资讯:WHO warns COVID-19 spreading to rural Africa amid weak health systems
体坛英语资讯:VAR headlined again in Premier League
泰国新年临近 曼谷实施10天禁酒令
国际英语资讯:COVID-19 deaths in U.S. to be substantially below 100,000, says Trump
海水温度升高 大堡礁五年内出现第三次大规模珊瑚白化
国内英语资讯:China unveils plan on promoting digital transformation of enterprises
大学生只需在户外花10分钟,就能缓解压力
国内英语资讯:China has never exported Chinese model to anyone: FM spokesperson
国际英语资讯:UK PM moved out of intensive care
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |