Customs Amendment (Anti- Dumping Measures) Bill

Speeches

…There are few more contentious issues to be had around the topic of international trade than the issue of dumping and the measures governments right around the world have exercised for a century or more to combat it … Dumping – when a company sells a product for a certain price at home and then exports it to another market and undercuts the domestic price significantly, thereby ‘dumping’ it into the other market. This has been a highly contentious element of international trade for many hundreds of years because it has the clear potential to do significant damage to businesses, industries and potentially entire economies. Dumping has become increasingly important over the past few decades as the volume of international trade has increased at exponential rates…’

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