Australian Manufacturing | Q+A

Ryan Young asked: I am from a bathroom & plumbing supplies retailer who sells products made in Germany & Italy. These products are made in countries with similar wages, unionism and costs associated with manufacturing products in their own country. Why then, does a country who has made a fortune digging valuable resources out of the ground not have the capacity to make these products here, particularly given the reduced freight costs to the consumer of homegrown products compared to those made in Europe?
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Panellists: Minister for Industry and Science Ed Husic, Senator for Tasmania Jacqui Lambie, economist & former Greek finance minister Yanis Varoufakis, economist, author & professor of economics and public policy Stephanie Kelton and journalist & author Joe Aston.
This episode was broadcast on Monday March 11, 2024
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