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News Industry pans levy as a new import tax in Australia

Industry pans levy as a new import tax in Australia

Written by Global Cement staff 16 November 2018
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Australia: Industry groups, including cement producers, are lobbying against a new import tax, the Biosecurity Imports Levy. They allege that that new tariff will increase costs by 3000 - 5000% on the inputs for cement, steel and aluminium production, according to the Australian newspaper. The new levy was introduced in the May 2018 budget for implementation in July 2019. It intends to tighten the country’s biosecurity.

Industry lobbyists complain that it will impose a US$0.7/t levy on ‘non-containerised’ cargo for biosecurity inspections, dramatically increasing the cost of inspection for bulk imports of materials. They also deny that it will improve biosecurity outcomes.

Cement Industry Federation chief executive Margie Thomson said that the tax unfairly punished non-containerised cargoes. “It shouldn’t be a tonnage levy, when the biosecurity risk is not­associated with the product.”

Last modified on 21 November 2018
Published in Global Cement News
Tagged under
  • Australia
  • Import
  • Tax
  • lobbying
  • Cement Industry Federation
  • GCW380

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