Yesterday we learned that our collective support for Holden is coming to an end. The demise of “Australia’s Own” has been on the cards for years. After all, this country is one of the most expensive places in the world to produce cars.
We are not alone or even the biggest subsidisers of car manufacturing, of course.
National economies as different as China, Japan, France and the USA have always offered incentives to keep cars rolling off assembly lines. But public funding for private enterprise runs deep in Australia – and it has never been just a matter of economics.