By Peter Draper, University of Adelaide Finally, Australia’s rock lobster industry will be able to export to China again, following a deal struck on the sidelines of the ASEAN summit in Laos last week. It will take some weeks to finalise the paperwork, but Chinese diners can expect to eat our high-quality crustaceans as we…
By Peter Roberts That federal government’s economic adviser the Productivity Commission has a new spring in its step and new targets of its quest for an economically pure Australia – defence procurement policies and local content rules more generally, especially those applied by the states. The PC’s 50th Trade and Assistance Review (TAR) just released…
The maker of Penfolds Grange, Treasury Wine Estates has noted an interim draft determination by the Chinese Ministry of Commerce that would reopen the China market to Australian wine exports. The determination outlines a proposed removal of the current tariffs which have crippled what was once a $1.2 billion export trade with China – reducing…
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…