Vinprovning

Main Menu

  • Wine Industry
  • Australian Wine
  • French Wine
  • Italian Wine
  • Wine finance

Vinprovning

Header Banner

Vinprovning

  • Wine Industry
  • Australian Wine
  • French Wine
  • Italian Wine
  • Wine finance
Australian Wine
Home›Australian Wine›Industry, unions warn of new wave of ‘dumped’ foreign imports

Industry, unions warn of new wave of ‘dumped’ foreign imports

By Rhonda D. Overman
May 10, 2021
0
0



Business groups and unions are warning of a new wave of cheap foreign imports into Australia amid concerns that the country’s anti-dumping authority does not have enough resources to protect domestic industries.

CFMEU’s manufacturing division wants federal government to step up its defense of Australian jobs against cheap imports as coronavirus-induced economic downturn fuels global oversupply of steel, paper, alloys, glass, etc. processed food products and solar panels, among other products.

China launched anti-dumping action against Australian winegrowers last year. Credit:Shutterstock

The union is also concerned that China is worsening its trade war against Australia by increasing already high amounts of dumping in an attempt to decimate the domestic industry and increase the country’s dependence on Chinese products.

Relations between Australia and China have deteriorated over the past year, with Beijing imposing export restrictions or tariffs on a range of Australian products including wine, barley, beef , coal, lobster and forest products.

An anti-dumping measure is an additional duty on imports that are sold at a price below the cost of manufacturing the item in the country of origin. Australian industry can ask the Anti-Dumping Commission to impose tariffs on specific products if it is found to have harmed the domestic industry.

Loading

Australia currently applies anti-dumping duties on imported steel, paper, glass, food, electrical equipment, chemicals and aluminum against various countries, with the main offenders being China, Thailand, Taiwan, Malaysia, South Korea, Indonesia and the Philippines.

CFMEU manufacturing division national secretary Michael O’Connor said the Commonwealth funding allocation to the commission fell to $ 11.6 million last year, down 5% from to the previous year.

He said there was generally a cyclical recovery in anti-dumping actions during softer economic times such as the Asian financial crisis, the dot-com bubble burst in 2001-02 and the global financial crisis.



Related posts:

  1. Jacob’s Creek aims to reclaim UK leadership with brand redesign
  2. Stepdaughter opens in Byron Bay
  3. What are the tips for cleaning foggy and used wine glasses to make them shine?
  4. Why domestic travel is so expensive

Recent Posts

  • California winemaker is at home ‘creating products that can bring people together’
  • Smriti Irani’s reaction to an Australian woman’s revenge on her cheating partner; Pub apology deepens controversy
  • Drought in England, fires rage in France as heat wave persists
  • Cleveland Italian Film Festival featuring three Italian films
  • “Majorcan wines become romantic and sexy”

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021

Categories

  • Australian Wine
  • French Wine
  • Italian Wine
  • Wine finance
  • Wine Industry
  • Terms and Conditions
  • Privacy Policy