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Wednesday, 11 August 2004
Page: 26109

Senator IAN MACDONALD (Minister for Fisheries, Forestry and Conservation) (11:25 AM) —Briefly, in response to Senator Brown's comment on the general bill, it is important for other senators and those who might be listening to understand that United States automotive tariffs will be zero from day one. That is pretty good for Australia. But, in reverse, Australia is going to phase in the tariffs on the finished passenger motor vehicles to 1 January 2010. So, for vehicles coming in, it is a phased-in reduction; for Australian vehicles going out, it happens from day one. What a fabulous deal for Australia.