Economic Report

Author:
Posted on:

The Economic Impact of LNG Exports on Manufacturing and The Economy – How should we respond to the looming crisis? By BIS Shrapnel

Download the report

Key findings:

Rising gas prices will have a significant impacts on the Australian economy:

  • One in five heavy manufacturers will shut down within five years
  • Total manufacturing production will be reduced by 15.4 per cent by 2023
  • 91,3000 jobs will be lost in this period as a direct result of manufacturing shutdowns, with 235,000 jobs to go economy-wide 

 

COMMENT

Please check your e-mail for a link to activate your account.

Comments