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Old 15-05-2012, 10:43 AM   #1
Bud Bud
FF.Com.Au Hardcore
 
Join Date: Mar 2006
Posts: 665
Default The knock on effect of Holden's commitment to stay in S.A.

From the Adelaide now website-
http://www.adelaidenow.com.au/news/s...rom=public_rss

I know a lot of people have different opinions on this forum and in society in general about any government handing out tax payer's money to corporations like Holden to ensure that they can remain viable enough to remain manufacturing in this country, but this article clearly shows how important big business like Holden are to the growing communities that surround and support them.

The knock on effect can be far worse than just the employees of Holden and the surrounding parts supply companies losing their jobs, it would also stifle future investment from both mums and dads such as on the family home or a new car or TV etc. (remember that somebody has to build/sell these things to them), but also from developers building these new suburbs or major developments such as shopping centres, or even government investment on schools, road and rail infrastructure because without this investment then they will ultimately create new ghettos that can potentially cost billions long term in social security and a degrading social and commercial infrastructure over the next generation or so. That money would still need to come from the tax payer albeit with ironically less tax payers contributing because of these types of situations anyway

That is the bigger picture.

It would be a shame for Australia to lose both Holden and Ford manufacturing to the new overseas game players but at least with Holden, they have committed to the short and medium future. I would love nothing more than for Ford to fire up take a tough stance and work the feds over for a similar deal so that they too can secure their future in this country for themselves their supporters and their surrounding communities as a whole as well. Otherwise we will still end up paying for it and possibly more regardless.

Just my opinion but I would love to hear other people's point of view though.

Bud Bud.

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