The Morrison Government is securing Australia\u2019s economic recovery by backing businesses to succeed and create jobs with a further $33 million to support Australian made food and beverage companies.
\nPrime Minister Scott Morrison said the funding was part of the latest round of the $1.3 billion Modern Manufacturing Initiative (MMI).
\n\u201cLiberals and Nationals will continue to protect and grow manufacturing jobs to secure Australia\u2019s economic recovery,\u201d the Prime Minister said.
\n\u201cMore than one million Australians are once again employed in manufacturing and we want businesses to be successful and create even more jobs.
\n\u201cUnder Labor, one in eight manufacturing jobs were lost and Australians can\u2019t risk this sort of economic mismanagement as we begin to open up again.\u201d
\nSeven Australian companies will share in the funding, which will unlock new manufacturing opportunities, boost production, and create more jobs across the country.
\nThe investment would boost manufacturing from Kingaroy in the north, to Hobart in the south.
\nFood and beverage production is the largest manufacturing sector in Australia, employing one in four manufacturing workers and contributing around $22.4 billion to our economy.
\nMinister for Industry, Energy and Emissions Reduction Angus Taylor said these grants would bolster the thriving food and beverage sector and unlock further significant investment from the sector.
\n\u201cThis funding will help some of the most innovative producers leverage technology to increase their production, while meeting growing export demand and creating new local jobs,\u201d Minister Taylor said.
\n\u201cNot only will this funding help maximise the agricultural advantages we enjoy, but it will also help regional Australia and the supply chains that operate throughout it.\u201d
\nThe successful Food and Beverage recipients under the Initiative are:<\/p>\n
The MMI is the centrepiece of the Government\u2019s $1.5 billion Modern Manufacturing Strategy, designed to position Australia as a globally recognised, high-quality and sustainable manufacturing nation. The Morrison Government is securing Australia\u2019s economic recovery by backing businesses to succeed and create jobs with a further $33 million to support Australian made food and beverage companies. Prime Minister Scott Morrison said the funding was part of the latest round of the $1.3 billion Modern Manufacturing Initiative (MMI). \u201cLiberals and Nationals will continue … Continue reading “Securing Australia\u2019s Economic Recovery”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-13816","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/13816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=13816"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/13816\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=13816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=13816"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=13816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nFood and Beverage is the fourth stream of funding across priority areas identified under the MMI, and follows $100 million invested in Space, Medical Products, and Resources Technology and Critical Minerals Processing announced in July.
\nFunding across the remaining areas of Recycling and Defence will be announced soon.
\nTo learn more about the Strategy and the MMI visit\u00a0www.industry.gov.au\/manufacturing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"