Treasury Wine Estates the maker of Penfolds has welcomed moves by China to review its import tariffs slapped on Australian wine in 2020 and revealed how it will re-enter the critical growth market. The company said that it has maintained its commitment to Chinese consumers throughout the period including experienced sales and marketing leadership in…
China has taken the first steps to lift the punishing tariffs on Australian wine imports ahead of the visit to Beijing by Prime Minister Anthony Albanese. China will undertake a five month review of the tariffs of up to 220 per cent on Australian wine imposed in 2020 as relations deteriorated between Canberra and Beijing.…
There is something particularly cruel for Australian manufacturing in China’s continuing targeting of wine exports as part of its – failed – attempt to force Australia to toe a more Beijing friendly policy line. With China’s recent move to remove crippling trade sanctions on Australian barley holding up hopes for wine, nothing is sure and…
By Peter Roberts That old industrial relic the Productivity Commission has released its latest Trade and Assistance Review, 2021-22 (TAR), and you have to hand it to them, they are really on the ball. Having spent past decades searching out the evil of tariffs and non tariff trade barriers, they have now woken up to…
By Peter Roberts I have just been reminded by a former colleague of the bad old days when policy, any policy, favouring manufacturing was seen as protectionism and picking winners. Those times lasted for decades, with the Productivity Commission and the Coalition weaponising the words against manufacturers. My former colleague asked: what government policy is…