National

PM to announce billion manufacturing boost to bring new jobs

PM to announce billion manufacturing boost to bring new jobs
Prime Minister Scott Morrison is expected to reveal a $1.5 million boost to the manufacturing industry today, which will create up to 80,000 new jobs.
Most of the funding will go to a scheme to expand the sector and create new jobs, and aim to help get the country out of recession.
Lines at a Centrelink office. (Quinn Rooney/Getty Images)
9News understands the Commonwealth will provide grants on the basis that businesses will co-invest — with grants focused on six key areas: medical products, space technology, resources and critical minerals processing, defence, clean energy and recycling, and food and beverages.
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It is estimated the plan could create about 80,000 direct jobs, another 300,000 indirectly.
There are currently around a million Aussies out of work.
Morrison will give the speech announcing the move at The National Press Club in Canberra- five days before the Federal Budget is unveiled.