LETTER: Auto industry could be kept
THE issues that caused Ford, Holden and Toyota to announce closure of their factories are all possible to be managed but action is needed and commitments must be delivered.
Floating of the Australian dollar without economic rudders and anchors leaves our dollar vulnerable to manipulation by multinationals and other countries for their benefit.
The size of the market and our open trade borders puts us at a disadvantage to rival economies. Wages for assembly line workers are too high compared to other countries that use low-paid workers to produce their vehicles.
Unions have continually pushed up wages and conditions with no regard to the viability of the businesses. Toyota sought to have their workers vote on retaining jobs at a lower rate of pay but used bad IR laws to prevent a secret ballot.
The solution to retain these companies in my opinion are: 1. Have our dollar trade in the range of 75 to 80 cents to the US dollar. 2. Reduce the number of varieties into the market via trade deals that suit Australia and not the world or other countries. 3. Have a fair and just wage for the workers and the managers of all our companies. Put the right for workers to personally vote on reduced wages and conditions if they believe it is wise for them.