Is A.&#039;s manufacturing plan a good idea?

Originally posted by pintohoo: ↑

I guess we wait to see what 'kind' of manufacturing they are talking about

but, my thoughts would be this - straight off the top of my head

1. any seeding of 'industry' and 'business' to grow - needs to be only ONE part of a puzzle - you need people coming on steam to be absorbed by those new or growing industries.
2. Clearly, you need to have accurately identified which industries are going to survive AND thrive the coming mega changes in society, technology and other industries
3. Manufacturing -

manufacturing 'what'? ----------- we KNOW that the speed of change is going to be light speed in the next very few years ------------ the operative word there is 'change'

so, the widget you make this week - may well be totally obsolete next week - how would you cope with that, how would you design a factory widget maker to be able to change from Widget A to Widget T - in a week?
4. ''safeguarding the nation’s control over resources and critical minerals.''
step right up ---------- buy back the farm. If you want to 'control' the nickel resource for instance ------------ don't' give bucks to the Ni industry like you just did - use capitalism and let them die ---------- take them over yourself and you have total control of your resource - OR - instead of gifting them money and support - LOAN them support - and the repayment is -------- a large percentage of the ownership -------- no liability AND you get to have a lot of control of your resource

years ago when governments could see the computer world coming - they went gung ho on 'job training' computer people - turned out thousands of degrees in computing -

it was 'assumed' that business would 'invest' and grow and absorb those graduates
industry sat on it's fat blot an did nothing

the graduates became taxi drivers ------

it's got to all be only a 'part' of a plan - you need ALL the pieces for it to work

personally - I hear 'manufacturing' and I get the creeps ----------- I want to hear 'research and development' -------

that's where the bucks are ------- and - no dirty chimneys

Expand

"thrive the coming mega changes in society, technology and other industries" ...... I'm guessing you missed the announcement last night.

its focused plan, not in the least random small tatas grants to start ups. yet it is picking winners. its intent is to get the processing of raw materials needed for batteries and solar panels. so Cu, Ni, Li and a range of rare earths etc processing to supply more battery and solar panel manufacturers. its reported that SunDrive, driven by a genius who developed Cu for solar panel manufacture which is said to be cost competitive due to the lower cost of Cu, compared with silver (Ag) and providing a significant boost to the efficiency rating of panels from 25% to approx 30% - a 15% improvement.

we already have Tindo solar panels and they are competing for a slice of the pie to build a new factory mooted to be on the central Coast NSW. Tindo has 10 years manufacturing experience in SA and produce Tier 1 panels.

we already have 3 battery manufacturers in Aus. I haven't checked how competitive these businesses are or how their batteries rate compared with the best from o/s. there might be an incentive for these makers to upscale. but this was alluded to rather than announced.

theres also mentioned focus on hydrogen which will no doubt please Forrest and MCB, both of whom have been solidly building their respective plans for 'green' hydrogen and with Forrest teaming up with Sanjeev Gupta/Ross Garnaut and Whyalla steel works, but Albanese also mentions 'green' aluminium which he reckons will be in strong demand due to the constraints of many countries in building the necessary renewable energy infrastructure to make 'green' metals.

this is no Liberal announcement which normally come to nothing since Howard lost his seat. if Howard had done this it would have saved his political life and we would have become a global leader. but we'll have to wait for developments to see if Albanese is good for his words.