Innovative industry

22 July 2022

We've still got it

I had a ripper evening recently at the Victorian Automotive Chamber of Commerce (VACC) open night.

VACC members, politicians, and industry figures embraced the opportunity to talk shop, network and tour the Chamber’s impressive new abode in North Melbourne. 

 Lord Mayor of Melbourne Sally Capp addressed attendees and was among the captivated audience watching as ex-Holden Special Vehicles (HSV) designer Adam Dean Smith and clay modeller Peter Watson created a new car.

The night was great fun, but Victoria’s peak automotive body also made a statement: automotive is evolving and it’s an exciting time for the industry.

Now, HSV may have wrapped up, but we still have top-notch auto skills. Australia has a lot to offer and there are still opportunities to showcase our talent and entrepreneurial spirit.

And I am not the only one who thinks so. The Australian Government’s Automotive Transformation Scheme aimed to encourage competitive investment, innovation and economic sustainability through financial assistance. Grants covered up to 15 per cent of the cost of eligible plant and equipment, and 50 per cent of eligible research and development investments.

The initiative closed recently but we need more of this type of thinking.

Such support bolsters the industry as Australia transitions to a lower emissions future. 

Think about it. Maybe Australia could become a world leader in creating affordable and scalable low-emissions technology. 

Investment will help Australians grow their businesses and throws support behind innovators. 

Both aspects are key ingredients for a thriving economy.


Words: VACC CEO, Geoff Gwilym.

Share your thoughts! E: As featured in the Herald Sun Friday 22 July 2022.

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