Corolla's are made in South Africa... well my brothers Corolla Sportivo (when he owned it) had a badge saying it was manufactured in South Africa, the engine was manufactured in Japan...
Hopefully the European manufacturers would see that we are a gateway into the emerging markets of China... With that said, we are a country that is a lot more accessible to those markets; freight would be a lot cheaper, the expertise is already here, factories are already in place, etc... All the government needs to do is deregulate the automotive industry and make it easier for those manufactures to enter Australia... the dollar doesn't make it too appealing as well; there's pros and cons to everything I guess...