Paper
presented
to the
Federal Chamber of Automotive Industries (FCAI)
Annual General Meeting
by
Stephen Smith MP
Member for Perth
Shadow Minister for Industry, Infrastructure and Industrial Relations
Wednesday 29 March 2006
Canberra
Introduction
Thank you for the opportunity to speak with you today.
I find it invaluable to both listen to and engage with representatives of Australian industry, particularly in an area as prominent and important as the automotive industry.
It is no secret that as a nation over the last 15 years we have enjoyed some of our best economic times.
However this strong performance has not been experienced throughout all parts of the economy.
Put simply, the favourable prices we receive for our commodities and resources are effectively sustaining the Australian economy.
China has been the key to delivering these historically high commodity prices and historically favourable terms of trade. It has also been a key factor in our declining......
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Approximate Word Count: 5560
Approximate Pages: 22 (260 words per double-spaced page) |