Australian Tariffs

Should Australia reintroduce tarffs for the car persistence? Australias self-propelling Industry Is a signifi gaget ratifier and major employer to the national economy. But the economy Is In crlsls. The greatest problem for the automotive application is the lookout of the consoles. Cabinets became downright apoplectic and argue that tax payers should not support a failing industry, and they vehemently fighting the automotive industry policy as a matter of principle. The truth is, Australia footnot afford losing its car industry.Several academic investigations m another(prenominal) been conducted about how this industry contri notwithstandinges to national economy, and he answer couldnt be clearer It would cost Australia more losing Its automotive Industry rather than supporting It so It can grow strong again. Instead of being a dead reflectt to Australian economy, the automotive industry is a great contributor to it. The Abbot cabinet shouldnt burden this weakened industry w ith tariffs that pull up stakes eventually lead it to its doom instead, it should invest more in it, understanding its real value and accepting that it hasnt accepted comme il faut attention.The government focuses more on direct production, like cattle, mining or grains little Is unexpended for ransforming Industries Ilke the automotive one. Australia should Improve what It has to offer to Investors, since Its facing a hard competition from other countries. If the automotive industry were to collapse, its clear that other industries would follow it as well. plunder you give examples of current tarffs, subsidies or quotas applied by the Australian Government? Do you agree with the deceitfulness of these tarffs, subsidies and quotas? Australia applies several tariffs on a wide sort of trading goods.For example Instruments, weapons and manufactured articles have a 1% tariff dairy roduce, natural honey, birds nut and other edible products of animal origin that arent contract elsewhere (in the tariff establishment table) have a 0. 17% tariff glass and glassware have a 2. 8125% tariff. Still, roughly Australias customs and tariffs are trim than the global average. Regarding subsidies, the Australian government applies pass judgment on several ambits, like home care, oxygen and enteric feeding or residential respite and this Is moreover about healthcare.To be honest, Australia has a balanced onerous dodge, with rates that are internationally lower than other countries ates besides, there exists a real need for a tax system for the government to have enough resources to ensure a decent lifestyle for its citizens and to issue them with the basic human needs. Leaving aside rates like those meant to regulate industries like the automotive one, it seems that Australia has a fair economic system, not meant for crippling the citizens economy, but rather to ensure that all the peoples resources paid In the form In taxes suffer to the general wellbeing.Who do you think are the winners / losers from such protectionist measures? Ultimately, the citizens are the most benefited or prejudiced by these taxes and subsidies. As it has been state before, Australias rates and tariffs are significantly lower wnen compared to tnose tnat otner countrles don ana tne Income tnat results from these said payments should be applied on in the raw infrastructure, on attending the peoples needs, and on ensuring that unforeseen disasters will be properly faced and answered.This is the ideal system of taxing and applying tariffs for the countrys money to serve the countrys needs. Still, applying additional taxes to ndustries or basic services is often unfair, especially when those untested rates are derived from policy-making affairs fetching the example of the automotive industry, it seems more of a political movement than an economy issue.Thus, applying this kind of taxes only results in weakening the overall economy, which will result in affecting t he citizens in general. Nothing good can come from crippling the economic system of a country by attacking the principal sectors that contribute to it it can be said that Australia is attacking itself when it aims to weigh new taxes on an industry that should be salvage instead of being combatted.