This is mindless stuff. It’s being portrayed as a way of maintaining revenue to fund Labor’s tax package. But the tariffs are a regressive tax that will marginally penalize Labor voters, will “save” not a single job in manufacturing and will be completely overwhelmed by exchange rate movements. Pointless and misleading for both workers and voters. bq. Import duties [on motor vehicles] are due to fall from 15 per cent to 10 per cent on January 1, but to soften the blow on the domestic car industry Labor plans to reduce tariffs by 1 per cent annually until 2010 (“ABC”:http://www.abc.net.au/news/newsitems/200409/s1194303.htm)
Peter Gallagher is student of piano and photography. He was formerly a senior trade official of the Australian government. For some years after leaving government, he consulted to international organizations, governments and business groups on trade and public policy.
He teaches graduate classes at the University of Adelaide on trade research methods and the role of firms in trade and growth and tweets trade (and other) stuff from @pwgallagher