Toyota lays off 350 workers
TOYOTA sacked 350 workers at its Altona plant in Victoria on Monday.
The job cuts will come in the form of forced redundancies at the plant, which employs more than 3000 people.
It is yet another blow for the car industry in Australia, which increasingly relies on government subsidies to remain viable.
Transport and Infrastructure Minister Anthony Albanese said it was important Australia continued to "manufacture things" in Australia.
"We need to do that that because we need a diverse economy," he said.
"The reason why the car industry is so important is because it has a multiplier effect in terms of the manufacturing sector, in terms of innovation."
Mr Albanese would not be drawn on whether the Federal Government would help the sacked workers.
"With regard to specific measures, that's for other ministers, but I am very committed to making sure we have a very viable car industry," he said.