Ensuring the integrity of Australia's anti-dumping system
Ensuring a robust and effective anti-dumping system is an essential part of the Australian Government’s commitment to free and fair trade.
On 13 September 2017, the Assistant Minister for Industry, Innovation and Science, Craig Laundy introduced the Customs Amendment (Anti-Dumping Measures) Bill 2017 into the House of Representatives.
Dumping occurs when the price of goods exported to Australia is lower than the price for those goods in the exporting country, which can cause injury to Australian industry.
"This legislation improves the process of conducting reviews of dumping measures to ensure Australian businesses are not being injured by the unfair dumping of products into our market."
This legislation addresses potential behaviours by foreign exporters which operate against the intent of Australia's anti-dumping system.
Foreign exporters that stop exporting dumped goods for a period of time or export only small volumes of goods can exploit the existing reviews of dumping measures, taking advantage of movements in market prices to resume or initiate injurious dumping.
This legislation will establish an expanded range of methods that can be used by the Anti-Dumping Commission (ADC) to determine appropriate export prices and ensure effective measures remain in place, where such measures are appropriate.
Since 2013, the ADC has initiated more than 93 new anti-dumping or subsidy investigations.
"This change will give the Australian manufacturing industry increased confidence in the strength of our anti-dumping system," Laundy said.
"Australia's anti-dumping system is highly regarded by many of our trading partners. This change supports our local manufacturers while complying with our international obligations."
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