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Wed 18 Dec, 2013

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Abbott announces $100m plan to help 'liberated' Holden workers find jobs

Prime Minister Tony Abbott says many Holden workers will be "liberated" by the loss of their jobs at the carmaker.

Mr Abbott has announced plans for a $100 million fund to help create jobs in the states affected by the closure of Holden in Australia.

The Labor Government in South Australia has already slammed the package as "manifestly inadequate", and Opposition Leader Bill Shorten has accused the PM of treating workers with "absolute contempt".

Holden's decision will put 2,900 people out of work - 1,600 from the manufacturing plant in South Australia and 1,300 in Victoria.

Mr Abbott has conceded that some workers will have difficulty finding new jobs.

"Some of them will find it difficult, but many of them will probably be liberated to pursue new opportunities and to get on with their lives," he said.

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The Drum

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Hockey is saving the good news for May

The tactic Joe Hockey is using is clear. The weaker the economic forecasts now, the 'worse' the budget position appears.

The unrealistically pessimistic view of the economy as presented in MYEFO means that when the budget estimates are framed in May 2014, there will be an inevitable upgrade to the performance of the economy.

What is more, when the decisions to cut spending which Mr Hockey flagged in MYEFO are delivered, the trajectory of the budget will be for there to be a surplus in 2016-17. Mr Hockey will be a fiscal hero, at least in his own mind.

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Just In

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United Nations told up to 500 killed in South Sudan clashes

The United Nations has received reports from local sources in South Sudan that between 400 and 500 people had been killed and up to 800 wounded in the latest violence, and the government said it had arrested 10 politicians in connection with a "foiled coup".

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World

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United Nations told up to 500 killed in South Sudan clashes

The United Nations has received reports from local sources in South Sudan that between 400 and 500 people had been killed and up to 800 wounded in the latest violence, and the government said it had arrested 10 politicians in connection with a "foiled coup".

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Business

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Abbott announces $100m plan to help 'liberated' Holden workers find jobs

Prime Minister Tony Abbott says many Holden workers will be "liberated" by the loss of their jobs at the carmaker.

Mr Abbott has announced plans for a $100 million fund to help create jobs in the states affected by the closure of Holden in Australia.

The Labor Government in South Australia has already slammed the package as "manifestly inadequate", and Opposition Leader Bill Shorten has accused the PM of treating workers with "absolute contempt".

Holden's decision will put 2,900 people out of work - 1,600 from the manufacturing plant in South Australia and 1,300 in Victoria.

Mr Abbott has conceded that some workers will have difficulty finding new jobs.

"Some of them will find it difficult, but many of them will probably be liberated to pursue new opportunities and to get on with their lives," he said.

More »

Politics

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Outrage as environmental lawyers lose funding

Legal centres providing representation for environment-related cases have their funding cut.

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Sport

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Ashes win justifies Arthur sacking: Sutherland

Cricket Australia chief James Sutherland said Australia's Ashes victory justified the decision to sack Mickey Arthur.

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Science and Technology

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3D printed horseshoe breakthrough for Australia's leading science research body

Australian researchers have witnessed 3D printed horseshoes in practical use for what's believed to be the first time in the world.

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Environment

More Environment »

Outrage as environmental lawyers lose funding

Legal centres providing representation for environment-related cases have their funding cut.

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