Cheap imports on the way? Heres hoping...
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https://au.news.yahoo.com/a/24819280/productivity-...
Article states:
The Federal Government has also been urged to consider removing a 5 per cent tariff on imported vehicles once the local carmakers close their operations.
The report also recommended a progressive relaxation of restrictions on imports of second-hand passenger and light commercial vehicles.
It said an easing of those restrictions should apply for vehicles from countries that have design standards consistent with those recognised in Australia.
The report said the imported vehicles should be under five years old and a specific $12,000 duty that applies should end as soon as possible.
The Federal Government said it would consider relaxing import restrictions on second-hand vehicles but would ensure Australia did not become a dumping ground for older cars.
Heres hoping...
Article states:
The Federal Government has also been urged to consider removing a 5 per cent tariff on imported vehicles once the local carmakers close their operations.
The report also recommended a progressive relaxation of restrictions on imports of second-hand passenger and light commercial vehicles.
It said an easing of those restrictions should apply for vehicles from countries that have design standards consistent with those recognised in Australia.
The report said the imported vehicles should be under five years old and a specific $12,000 duty that applies should end as soon as possible.
The Federal Government said it would consider relaxing import restrictions on second-hand vehicles but would ensure Australia did not become a dumping ground for older cars.
Heres hoping...
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