PM announces $58.6m in grants for Modern Manufacturing Initiative

Prime Minister Scott Morrison has announced $58.6 million in grants for nine projects under the “defence industry priority” for the modern manufacturing initiative.

“And one in particular of $34 million under what’s called the collaboration stream of the modern manufacturing initiative for the advanced defence aerospace manufacturing network,” Mr Morrison said at a media conference on Thursday.

“That’s how our economic plan works, that’s how it is working, that’s how we got unemployment down to four per cent, that’s how the budget’s been turned around … because we are investing in the things that make our economy stronger.

“And with a stronger economy, Australia has a stronger future.”

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