Quote:
Originally Posted by lra
$180 million Aus tax payer subsidy, per year, for the period 2001 > 2012. All down the toilet.
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It wasn't only GM-H, but also Ford, Toyota, Mitsubishi & others all got huge subsidies to build cars here.
It didn't exactly go down the toilet, the car workers got an extra 20 years or so of income. The Australian car industry (all brands) hadn't been self sufficient for decades.
Dr Terry