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Thursday, 25 October 1973
Page: 2719

Dr J F CAIRNS (Lalor) (Minister for Overseas Trade) - I move:

Customs Tariff Proposals No. 17 (1973).

The Customs Tariff Proposals which I have just moved related to proposed amendments to the Customs Tariff 1966-1972. These amendments arise from the Government's acceptance of reports by the Tariff Board on: Lightning Arresters; and prepared additives for mineral oils, etc. In its report on lightning arresters the Board recommended that a slightly larger range of lightning arresters be brought within the existing protective rate of 20 per cent (reduced in July by the 25 per cent tariff cut). For lightning arresters having a current rating greater than five kilo-amperes minimum rates of duty were recommended. On prepared additives for mineral oils the Board recommended that protection be granted to viscosity index improvers and pour point depressants at a general rate of 15 per cent pending a further review in about 3 years time. The Board made no recommendations on antiknock preparations based on tetraethyl-lead or tetramethyllead because they had been reported on by the Board as recently as 1971. The Board recom mended no assistance on the remaining goods under reference.

In accordance with Australia's trade agreements, a margin of preference is being provided in favour of New Zealand on nonprotected items. However, pending possible representations from New Zealand to the effect that it has an important trade interest in the goods concerned, provision is being made for these goods to be admitted free of duty under bylaw. As these reports were received prior to 19 July the duties will be subject to the provisions of the 25 per cent tariff cut. The new duties will operate tomorrow. A comprehensive summary of the changes and duty rates is being circulated to honourable members. I commend the Proposals.

Debate (on motion by Mr Peacock) adjourned.

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