Australia: Consultation on removal of “nuisance tariffs”
Consultation on the nuisance tariffs selected for removal closes 1 April 2024.
Consultation on the nuisance tariffs selected for removal closes 1 April 2024.
The federal government has announced its intention to eliminate around 500 “nuisance tariffs” to boost productivity, reduce compliance costs for businesses, and ease the cost of living for Australian families from 1 July 2024.
The government’s consultation note [PDF 194 KB] explains that these tariffs have “been identified as a nuisance to Australian businesses, imposing unnecessary administrative costs and compliance burdens.”
According to the treasurer, the removal of these tariffs would streamline approximately AU$8.5 billion worth of annual trade and save business over $30 million in compliance costs each year. Read the release
Consultation on the nuisance tariffs selected for removal closes 1 April 2024. Read the Treasury release
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