JOINT STATEMENT
THE PRIME MINISTER, JOHN HOWARD
THE TREASURER, PETER COSTELLO
THE MINISTER FOR INDUSTRY, JOHN MOORE
AUTOMOTIVE INDUSTRY
The Government has decided on the following arrangements in relation to tariffs and the motor
: 1 vehicle industry:-
The current schedule for PMV tariff phasing will continue through to 2000
-from 1 January 2000 the tariff will be at 15 per cent and will remain at that level
for the next 5 years.
-there will be no differentiation for micro/ light vehicles and four wheel drive
vehicles. Light commercial vehicles will remain at 5 per cent.
The Government will legislate forthwith for the tariff to be reduced to l0 per cent on
1 January 2005.
There will be a review in 2005 which will take account of our APEC commuitments and
progress on market access.
A WTO-consistent program will be introduced to replace the Export Facilitation Scheme when
it expires in 2000 and will run to 2005.
The Duty Free Allowance will continue at 15 per cent.
The Government will introduce a market access strategy including the establishment of a new
Automotive Trade Council, the appointment of a specialist trade access negotiator and a
market development package worth $ 20 million over four years.
There will also be an environmental strategy, including measures to phase out the use of leaded
fuel by 20 10 and the development of an industry code of environmental performance.
Contacts: David Gazard Anthony Smidth Cheryl Cartwright
Prime Minister's office Treasurer's office Minister's office
06/ 2777744 06/ 2777340 06/ 2777580
June 1997
Canberra 4638 7 r
Howard, John
Period of Service: 11/03/1996 - 03/12/2007
Find more information on Howard, John on the:
Release Date:
05/06/1997
Release Type:
Media Release
Transcript ID:
10376
Document:
00010376.pdf
1 Page(s)
Released by:
- Howard, John Winston
THE PRIME MINISTER JOHN HOWARD THE TREASURER, PETER COSTELLO THE MINISTER FOR INDUSTRY, JOHN MOORE
10376