Tariffs


The World’s governments are injecting cash into the global financial markets…

Yes they are!

Oz should follow China’s lead on car industry

China has done the most obvious thing and lifted sales taxes on cars with big engines to make them more costly: without actually saying so, it’s effectively a tax on fuel consumption, writes Glenn Dyer.

Bracks report: An additional two billion dollar handout to the car industry

The Bracks review of the car industry released this morning is already getting headlines for steering away from recommending the retention of the current 10% tariff on imported vehicles, writes Bernard Keane.

Not another review of the textile, clothing and footwear industry!

The most courageous, enduring and beneficial change that the Hawke ascendancy brought 25 years ago was in industry protection. Now, aspiring industry Minister Kim Carr wants to retard the industry’s shift into the global economy by halting the planned tariff reduction regime.

Cutting tariffs: short-term pain, long-term gain

Cutting tariffs below their current levels will of course harm the car industry. That’s actually how tariff cuts have helped economic growth in the last decade – by slowly moving resources from lower productivity industries to higher productivity industries, writes Nick Gruen.