Labor promises $1 billion manufacturing future fund

By James Massola
Updated October 14 2017 - 12:38pm, first published 12:33pm
Camry production at Altona manufacturing plant is seen in this handout photo made available June 10, 2008. Toyota Motor Corp said on Tuesday that it would start assembling the Camry hybrid car in Australia in early 2010 and aim for production of 10,000 a year in its latest effort to popularise such fuel-efficient vehicles.    REUTERS/Toyota/Handout           (AUSTRALIA).  FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS.
Camry production at Altona manufacturing plant is seen in this handout photo made available June 10, 2008. Toyota Motor Corp said on Tuesday that it would start assembling the Camry hybrid car in Australia in early 2010 and aim for production of 10,000 a year in its latest effort to popularise such fuel-efficient vehicles. REUTERS/Toyota/Handout (AUSTRALIA). FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS.

Labor will create a $1 billion advanced manufacturing fund to back Australian industries and business if it wins the next federal election.

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