Federal Member for Cunningham Sharon Bird and Federal Member for Throsby Stephen Jones have shown their commitment to local business and jobs by voting for the Australian Jobs Bill as it passed through the House of Representatives.
The Australian Jobs Bill is designed to assist local businesses win more work from major investment projects including from the mining and resources sector. Projects worth more than $500 million or more will be required to show how they will provide opportunities to local businesses. These changes will get more work into factories and construction sites and services industries will generate new jobs.
“Increasingly, we are seeing major projects import their existing international supply chains, meaning that Australian businesses are missing out on good opportunities for work. This Bill will mean that projects over $500 million will need to extend this work to local businesses,” Ms Bird said.
“Local businesses will now be able to know more about these big projects and have more opportunity to access them.
“The Federal Labor Government is committed to our $1 billion Plan for Australian Jobs, and this Bill forms part of that goal.”
“The plan has been developed hand-in-hand with industry and workers to address the challenges they’re facing as a result of the high Australian dollar,” said Ms Bird.
Analysis conducted by the Federal Industry and Innovation Department shows that changes enacted as a result of the Australian Jobs Bill could deliver Australian firms up to $6.4 billion of extra work every year.
“The Illawarra has a strong manufacturing sector and this plan builds on the ongoing support that Labor has provided for manufacturing since being elected”, said Jones.
“This includes the $1 billion in funding being provided to manufacturers to reduce energy costs and improve competitiveness.”
“Unlike the Opposition, the Labor Government has real strategies and real policies to help generate business opportunities, create economic growth and boost jobs.
“The Opposition voted against this Bill and have made it clear they oppose the support being provided to manufacturers to help Australian Industry” Mr Jones said.