House of Assembly - Fifty-Third Parliament, First Session (53-1)
2014-10-14 Daily Xml

Contents

Our Jobs Plan

In reply to Mr VAN HOLST PELLEKAAN (Stuart) (23 July 2014). (Estimates Committee B)

The Hon. S.E. CLOSE (Port Adelaide—Minister for Manufacturing and Innovation, Minister for Automotive Transformation, Minister for the Public Sector): I have been advised:

In January 2014, the Premier announced Building a Stronger South Australia:Our Jobs Plan, which committed $60 million to 2017-18 to prepare South Australia for GM Holden Ltd's closure in 2017. Our Jobs Plan contains six key actions aimed at securing the future of South Australia's manufacturing sector and strengthening our economy.

The state government's plan also called for the commonwealth government to contribute a total of $333 million to initiatives within the package, to support its efforts, including:

$37.4 million for introducing new programs to provide support, training opportunities and vocational advice to assist automotive employees with securing new jobs;

$20 million to work with community organisations in the northern Adelaide council areas, to develop an employment strategy for the region, attract new growth industries, maintain public assets and establish a Community Building Fund to invest in urban regeneration and local projects;

$26 million to expand the Automotive Supplier Diversification Program, to help automotive supply businesses to find alternative markets and opportunities;

$21 million towards a Re-tooling for Diversification Program to help around 200 companies providing up to 5,500 jobs, to diversify from the automotive supply chain over the next four years;

$4 million to assist the Industry Capability Network to manage the impact of firm closures;

$2 million to review the future use of the GM Holden Ltd plant and site at Elizabeth;

$10 million to develop industry road maps for South Australia's new industries, to support economic diversification;

$20 million to support new smart specialisation clusters and precincts where future industries can work together to innovate, create jobs and secure export growth;

$10 million to provide new Business Transformation Vouchers, to support around 200 small and medium-sized businesses with tapping into expert advice that will help their businesses to grow and diversify;

$180 million to establish a new Jobs Acceleration Fund, to assist businesses to invest in new economic activity that creates jobs in South Australia; and

$2.68 million to support local entrepreneurs in turning good ideas into successful ventures through a number of start-up initiatives.