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Australia has the potential to introduce a truly global competitive trade system, but its success depends on the government’s ability to make genuine progress.
We can’t pretend national security risks and the need to reduce our carbon emissions don’t exist. But nor can this small, open economy give up on the free flow of goods, services, capital, technology, ideas, payments and people.
Australia’s pursuit of a simplified system for clearing imports and exports could be just as impactful as tariff reductions in liberalising trade, writes Craig Emerson (Emerson Economics).
Maritime Logistics report and Simplified Trade System action needed.
Simplifying and liberalising Australia's trading system will be a difficult but worthwhile undertaking.