Business groups and unions are warning of a fresh flood of cheap foreign imports into Australia amid concerns the nation’s anti-dumping authority is not well enough resourced to safeguard domestic industries.
CFMEU manufacturing division national secretary Michael O’Connor said the Commonwealth funding allocation to the commission last year fell to $11.6 million, down 5 per cent on the previous year. Mr O’Connor said the current climate represented a distinct risk of accelerating the decline in Australia’s sovereign manufacturing capability. The union is calling for a 35 per cent increase in funding, matching Labor’s pledge at the 2019 election.
“The need for our system to be effective and well-resourced is a principle that has enjoyed bipartisan political support in Australia in recent years,” he said. “We should not be naive about the threat to local industry and jobs when others do not play by the same rules or hold themselves to the same standard as Australia does.”
Then store them, they are assets.
You could never have an oversupply of solar panels until, say, 2050. 🤔
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warning multi-billion-dollar Aussie industry 'vulnerable' to China trade strikeAustralia&x27;s multi-billion education sector has been urged to recruit more international targets from outside China before it is targeted by Beijing&x27;s trade sanctions.
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Source: theage - 🏆 8. / 77 Read more »