Victoria’s Automotive Transition Plan
Towards Future Industries: Victoria’s Automotive Transition Plan
The Victorian Government has announced its $46.5 million Towards Future Industries: Victoria’s Automotive Transition Plan to help businesses, workers and communities affected by the closure of automotive manufacturing operations to meet the challenges ahead and capitalise on emerging opportunities.
In particular, the plan will:
- help businesses in the automotive parts and related supply chain industries find new markets in the global automotive industry or other industries within Australia
- provide assistance to automotive industry workers to find new jobs
- support economic development in the areas most affected by the closure of the major car manufacturers.
Assistance for businesses
As part of the plan, the Government has established the new $5 million Automotive Supply Chain Transition Program to support Victorian automotive supply chain companies affected by the closure of passenger vehicle manufacturing in Victoria.
Assistance of up to $65,000 will be provided to eligible supply chain companies to help guide them through this period.
The funding will help companies develop a transition plan to identify new opportunities and target sectors and markets, and provide assistance to pursue those opportunities.
Find out more or apply for Automotive Supply Chain Transition Program.
Assistance for workers
The Government is investing an additional $8.4 million to strengthen skills, training and job search support in Melbourne’s south east – where over half of Victoria’s automotive workers are employed.
The establishment of new Skills and Jobs Centres across the Victorian TAFE network will provide a one-stop-shop for workers, jobseekers and businesses to access the range of Government support, career advice, referral to other job service services, skills assessments and training plans.
Also, under changes made to the Back to Work Scheme, businesses hiring a retrenched automotive worker full time will be able to receive a one-off payment of $7,000 and up to $4,000 for accredited training.
Assistance for communities
The Government has also established a program to support communities in Melbourne’s north, west, south-east, and the Geelong region.
Through the $33 million Local Industry Fund for Transition (LIFT), the Government will aim to stimulate private investment that creates new sustainable jobs and economic activity in these regions.
As part of LIFT, the Government has established a new $10 million fund for Melbourne’s south-east, and a new $5 million for Melbourne’s west.
This additional funding builds upon its commitment to invest a further $10.6 million in Melbourne’s north and $7.5 million in Geelong, which were previously supported through the Melbourne’s North and Geelong Region Innovation funds.
Download the plan:
- Towards Future Industries: Victoria’s Automotive Transition Plan (PDF 1141.22 KB)
- Towards Future Industries: Victoria’s Automotive Transition Plan (DOCX 46.21 KB)
Fact sheetsMelbourne's West - Local Industry Fund for Transition (LIFT) (PDF 198 KB)
Melbourne's West - Local Industry Fund for Transition (LIFT) (DOCX 24.69 KB)