Wednesday, May 23, 2018

2. Strengthen Australia manufacture industry via 50% Tax cut to manufacture industry.

One of the reason the cost of living in Australia is so high, is due to its limited manufacturing industry and nearly everything need to be import to Australia, from oversea and in recent years, the continue price increase in Australia, is allowing more companies to pull out of Australia.

By decreasing the tax of the manufacturing industry by 50%, it make it more affordable for foreign companies to manufacture in Australia and in some cases, it mean it is cheaper for them to manufacture or semi-manufacture in Australia, then to have fully manufactured product been import into Australia as a result it would mean

1. Fewer manufacturing companies (Australian companies and foreign companies) to pull their manufacture out of Australia and re-establish oversea

and/or

2. More manufacturing companies (Australian companies and foreign companies) to establish full or part manufacture in Australia.

More manufacturing in Australia allow the decrease in the cost of living (no, importing tax and transportation cost of shipping goods from oversea to Australia) and more jobs in Australia.



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