Labor’s Bill Shorten and Kim Carr have promised a $1 advanced billion manufacturing fund, a so-called Australian Manufacturing Fund, to back Australian manufacturers if it wins the next election. Ostensibly this is to assist Australian manufacturing industries having difficulty obtaining finance from traditional resources such as banks. However, what are implications of such a fund under WTO agreements? Under the … Continue reading Labor’s Proposed $1 Billion Australian Manufacturing Fund – Throwing Stones in Glass Houses