Editing Economy of Australia (section)

====Manufacturing====
{{Main|Manufacturing in Australia}}
The manufacturing industry in Australia has declined from 30% of GDP in the 1960s to 12% of GDP in 2007.<ref>{{cite web|url=http://www.blakemore.com.au/papers/Australia%20Made%20Paper.pdf|title=Australian Manufacturing (PDF)|access-date=20 May 2014|url-status=dead|archive-url=https://web.archive.org/web/20140125015016/http://blakemore.com.au/papers/Australia%20Made%20Paper.pdf|archive-date=25 January 2014}}</ref>

In 2008, four companies mass-produced cars in Australia.<ref name="goauto.com.au">{{cite web|last=Hassall|first=David|url=http://www.goauto.com.au/mellor/mellor.nsf/story2/1B11FCD261CC6475CA2579DE00021DC5|title=Tomcar – New local vehicle manufacturer|publisher=GoAuto|date=12 April 2012|access-date=10 February 2014|archive-date=2 January 2013|archive-url=https://web.archive.org/web/20130102052652/http://www.goauto.com.au/mellor/mellor.nsf/story2/1B11FCD261CC6475CA2579DE00021DC5|url-status=dead}}</ref> [[Mitsubishi Motors Australia|Mitsubishi]] ceased production in March 2008, followed by [[Ford Australia|Ford]] in 2016, and [[Holden]] and [[Toyota Australia|Toyota]] in 2017.<ref>{{cite news|url=http://www.abc.net.au/news/2017-10-03/toyota-car-production-ends-altona-after-50-years-manufacturing/9007624|title=Toyota workers out of jobs as car manufacturer closes Altona plant|publisher=ABC News|location=Australia|date=6 December 2017|access-date=9 October 2017}}</ref>

Until [[Free trade|trade liberalisation]] in the mid-1980s, Australia had a large textile industry.<ref name="cie-report-tradelib">{{cite web|last1=CIE|title=Final Report: Australian trade liberalisation – Analysis of the economic impacts|url=https://dfat.gov.au/about-us/publications/trade-investment/Documents/cie-report-trade-liberalisation.pdf|publisher=DFAT|access-date=15 January 2020|archive-url=https://web.archive.org/web/20200115231339/https://dfat.gov.au/about-us/publications/trade-investment/Documents/cie-report-trade-liberalisation.pdf|archive-date=15 January 2020|url-status=dead}}</ref> This decline continued through the first decade of the 21st century.<ref name="trends07">{{cite web|url=http://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/rp/rp0809/09rp16|title=Australian manufacturing—structural trends 2001–02 to 2006–07|date=24 November 2008|access-date=9 July 2014}}</ref> Since the 1980s, tariffs have steadily been reduced; in early 2010, the tariffs were reduced from 17.5 per cent to 10 per cent on clothing, and 7.5–10% to 5% for footwear and other textiles.<ref>{{cite web|url=http://www.acci.asn.au/text_files/media_releases/2010/003-10.pdf|title=ACCI Welcomes textiles and car tariff cuts (ACCI media release 003/10)|author=Peter Anderson|date=1 January 2010|access-date=13 February 2010}}</ref>
As of 2010, most textile manufacturing, even by Australian companies, is performed in Asia.
[[File:ABS-6291.0.55.003-LabourForceAustraliaDetailedQuarterly-EmployedPersonsByIndustrySubdivisionSex-EmployedTotal-TextileLeatherClothingFootwearManufacturing-Persons-A2546111A.svg|thumb|right|300px|Total employment in Australian textile, clothing and footwear manufacturing (thousands of people) since 1984]]