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Labor plans medical manufacturing boost

Tom McIlroy
Tom McIlroyCanberra Bureau Chief

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An incoming Labor government would move to firm up Australia’s medical goods supply chains through the creation of a new $1.5 billion fund, designed to avoid a repeat of COVID-19 shortages.

The fund would be tasked with designing new federal government purchasing strategies to boost domestic medical manufacturing capability, a plan Labor believes will create jobs and strengthen Australia’s key sovereign capabilities.

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Tom McIlroy is the Financial Review’s Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p5alsg