Quote:
Originally Posted by jpd80
What our governments failed to understand was that in order to have a car industry, you have to support it, every other country with a car industry does.
All of those years of break even or loss meant that all the money spent through local manufacturing mostly stayed here even without companies recording profits
So now instead of keeping $3 billion-$4 bilion per year of business activity here,
we let the whole $30 billion / year go out of the country and build up the wealth of others.
But hey, pee got their cheap cars once the locals were killed off.... not.
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The government got back what they put in many times over in terms of tax dollars from the companies and workers. Still blows my mind that those lib fat cats were basically laughing at Holden wanting some more investment. No doubt they were happy to see it go cause of their union hatred. Imagine if it was a big dollar white collar industry like the banking sector. They would have throw buckets of cash at their fat cat mates.