Tresurer Wayne Swan handed down last night (8 May 2012) what he described as a “battlers’- budget.” with extra funding for families and low income earners. Though this may seem benevolent at first glance, industry leaders are disappointed with its numerous policy reversals and lack of any real policy initiatives.
AFGC Acting Chief Executive Dr Geoffrey Annison said, “Overall, this Budget was more business-as-usual rather than a bold new plan for industry to become more competitive domestically and globally and continue to invest, innovate and create jobs.
There were a few rays of sunshine in the clouds with funding for the creation of a new AU$29.8 million Manufacturing Technology Innovation Centre and AU$379.9 million over seven years for the construction and operation a state-of-the-art post entry quarantine facility consolidating existing high risk animal and plant services to a single integrated site near Melbourne.
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