Failed trade talks can help Aussie carmakers
THE collapse of world trade talks could be a boon to Australia's ailing carmakers, making it easier for the government to keep tariffs on imported cars, an analyst said on Thursday. The comments came as Australia's left-leaning Labour government received a report into the car industry, with manufacturers and trade unions urging it to slow planned tariff cuts in order to protect the sector and 60,000 local jobs.