IN THE year to September 2007, just before the global financial crisis, Australia's big four banks made after-tax profits of $16.6 billion. People thought that was huge. Ian Macfarlane, former governor of the Reserve Bank, used to wonder how Australia's

Chinese workers on the assembly line of a Ford Motor plant in Chongqing, Sichuan, Southwestern China. Photo: AP Do we keep building cars or not? There's no simple answer, write Debra Jopson and Joshua Dowling. The language was dry, but the tale that the

Mechanics supervisor Michael Stronskyj with a new Cruze Hatchback after final testing at the Elizabeth plant. Picture: Dean Martin Source: The Advertiser Assembly line at Holden's Elizabeth plant, a new model Cruze motor car. Pic: Dean Martin Source: The

Source: Herald Sun VICTORIA'S car manufacturers must link their future to the burgeoning Middle East market and the developing manufacturing hub in Thailand, "Asia's Detroit", if they want to survive without more government handouts, experts warn. As p

"If you look across the world almost every government supports its car industry" ... shadow treasurer Joe Hockey, with Tony Abbott and Andrew Robb. Photo: Reuters SENIOR Liberals including the shadow treasurer, Joe Hockey, have vowed to defeat a push for

SOPHIE Mirabella says it’s “premature speculation” to suppose that the federal opposition is about to change its policy on taxpayer subsidies to protect Australia’s car industry. The Coalition’s industry spokeswoman and member for Indi has just finalised