Victorian Government commits another $46.5m to assist transition from vehicle manufacturing

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The Victorian Government is committing an additional $46.5 million to help automotive businesses, workers and communities transition into new industries with secure employment prospects. Victorian Premier Daniel Andrews and Industry Minister Lily D’Ambrosio today launched the ‘Towards Future Industries: Victoria’s Automotive Transition Plan’ at the Bosch manufacturing plant in Clayton. The funding is intended to help automotive businesses transition to new markets, help worker retrain and find sustainable jobs, and attract investment into communities affected by the impending cessation of local car manufacturing. It includes a $33 million Local Industry Fund for Transition to support communities hit hardest by the looming departures of Ford, Holden and Toyota; $8.4 million to improve skills, training and job search support in Melbourne’s south east; a $5 million Automotive Supply Chain Transition Program to help businesses identify and take advantage of new opportunities in other markets; and up to $7000 in incentive payments for businesses employing retrenched automotive workers, and an additional $4000 for employees who provide accredited training to these workers. Additionally, new Skills and Jobs Centres are being established across the TAFE network to assist workers in accessing services such as training and careers advice, referral to other job support services and skills assessments. In May last year, the Federal Government expanded to $155 million the growth fund designed to create new jobs for Victorian and South Australian workers displaced by the dissolution of Australia’s automotive manufacturing industry,