Shadow Assistant Minister for Manufacturing and Federal Member for Capricornia, Michelle Landry has called upon the Albanese Labor Government to confirm if businesses successful in applying for grant funding through the previous Coalition Government’s $1.3 billion Modern Manufacturing Initiative (MMI) will receive their funding in a timely manner.
These calls come after reporting from The Australian indicated the Albanese Labor Government has blocked funding awarded to businesses who successfully applied for the Initiative while a review is undertaken.
Shadow Assistant Minister Landry said Labor’s blocking of the MMI grants will leave both Australian businesses and industries worse off.
“Labor is deliberately getting in the way of Australian businesses growing and thriving with new opportunities on the world stage in the defence, medical, space, food and heavy manufacturing industries.
“The Modern Manufacturing Initiative was set up to boost Australia’s sovereign capabilities and the longer Labor refuses to confirm if Australian businesses will receive their much-needed funding, the worse it will be for manufacturing businesses who are trying to take advantage of new opportunities.
“Anthony Albanese must stop leaving manufacturing businesses in the lurch and tell them when they will receive their funding now,” Ms Landry said.