Lets keep the Labour party to their promise of sovereign medical related Covid manufacturing , The TGA was waiting for a signal , I think they just got it and the Liberal party just got it too!
An incoming Labor government would move to firm up Australia’s medical goods supply chains through the creation of a new $1.5 billion fund, designed to avoid a repeat of COVID-19 shortages.
https://www.copyright link/politics/federal/labor-plans-medical-manufacturing-boost-20220516-p5alsg
https://www.industryupdate.com.au/a...35-billion-medical-and-advanced-manufacturing
Labor pledges $3.5 billion into medical and advanced manufacturing
Australia’s medical goods supply chains would be strengthened through the creation of a new $1.5 billion fund by an incoming Labor government, designed to avoid a repeat of COVID-19 shortages. It would design new federal government purchasing strategies to boost domestic medical manufacturing capability. This followed the earlier release that $1 billion would be invested in advanced manufacturing, by an Albanese Labor Government as part of its commitment to create secure well-paid jobs and build an Australian made future. Labor’s Advanced Manufacturing Fund will be part of its $15 billion National Reconstruction Fund.
According to opposition leader Anthony Albanese, the Morrison-Joyce Government has overseen the loss of 85,000 manufacturing jobs since they came to office.
“Australia ranks dead last on manufacturing self-sufficiency compared to other OECD countries. Unless we act, Australia will be in the bottom half of all countries when it comes to economic growth over the next decade,” he said.
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