none

ANTI-DUMPING REFORMS TO CREATE A LEVEL PLAYING FIELD

18-11-2015
by 
in 

New reforms to Australia’s anti-dumping system will create a level playing field for Australian manufacturers and producers, says Industry Minister Christopher Pyne.

Mr Pyne, says the new package of reforms will ensure businesses are not unfairly injured by the importation of goods at dumped prices.

“The Australian Government’s reforms modernise Australia’s anti-dumping system to address community and business concerns and delivers on election commitments.

“They strengthen and streamline our anti-dumping laws to ensure Australian industry is not injured by dumping from foreign companies and ensure the system is more transparent.

“The suite of reforms will crack down on uncooperative exporters, improve the merits review process, provide better support to Australian businesses engaging with the system and improve the operational effectiveness of the Anti-Dumping Commission.”

Mr Pyne said new regulations have also been introduced to address overseas businesses that avoid paying dumping duties by slightly modifying their products.

Assistant Minister for Science, Karen Andrews, who has operational responsibility for anti-dumping matters, said the reforms complement measures already taken to improve the support, assistance and information available to business.

“As part of the reform package, we’ve bolstered the resources of the Anti-Dumping Commission with additional investigators and a new Anti-Dumping Information Service.

“The new service will analyse market information and monitor economic trends so investigators can access strategic information early on in the process to help improve decision making.”

Operational processes are also being reviewed to see what efficiencies and improvements can be made to the Commission’s investigative processes and practices.

While Australia’s current anti-dumping system is strong it must keep pace with industry trends.

The reforms include strengthening Australia’s anti-dumping rules, reducing red tape and improving certainty for businesses accessing the system.

All of the reforms comply with Australia’s World Trade Organization and other international trade obligations.

The Government is taking a stronger stance in World Trade Organization forums on the transparency of foreign subsidies, which will assist in ensuring that Australian manufacturers and producers are able to compete fairly.

A number of changes have been made to improve the way the merits review of anti-dumping decisions is undertaken by the Anti-Dumping Review Panel.

This includes raising the legal threshold for applications, and introducing a scaled fee for seeking appeal.

Also, the Government has implemented a range of new and expanded information and support services for Australian companies including the establishment of an Anti-Dumping Information Service, the expansion of the International Trade Remedies Advisory service and a hotline as a central point of contact for enquiries about Australia’s anti-dumping system.

This will assist Australian businesses injured by dumping or subsidisation to bring applications to the Anti-Dumping Commission.

The new reforms are aimed at reducing red tape and improving certainty.

Mr Pyne said the Government would work with stakeholders in coming months to identify future reform opportunities to further strengthen the anti-dumping system.

For more information: www.industry.gov.au/Anti-dumping-reforms

Related news & editorials

  1. 21.09.2018
    21.09.2018
    by      In
    It is a privilege to be the new Minister for Industry, Science and Technology. I have come to the portfolio at a really exciting time.
    Australia’s economy is in transition and so is our manufacturing sector. I am excited about some of the amazing stories coming out of manufacturing and am committed... Read More
  2. 14.09.2018
    14.09.2018
    by      In
    Since Industry Update last published Australia has acquired a new Prime Minister and yet another Industry and Science Minister.
    I congratulate Karen Andrews, the sixth person to take responsibility for the portfolio since 2013.
    These ministers have not all had the same title. Minister Andrews’... Read More
  3. 27.08.2018
    27.08.2018
    by      In
    One positive move to come out of the political turmoil of the past week has been the return of the Industry and Science portfolios to the Cabinet under the new Morrison Ministry.
    Karen Andrews MP is the new Minister for Industry, Science and Technology, resurrecting a role that had previously been... Read More
  4. 10.07.2018
    10.07.2018
    by      In
    Making good public policy always involves getting the details right. But it is equally important that we never lose sight of the big picture.
    When we talk about industry policy, we should not forget that at the deepest level it is an answer to this question: what sort of country do we want to be?... Read More