Deputy PM engages FTA / APSA on coastal trade reform

Freight & Trade Alliance (FTA) and the Australian Peak Shippers Association (APSA) have received direct correspondence from the Hon Michael McCormack, Deputy Prime Minister / Minister for Infrastructure and Regional Development seeking input on reform of Australia’s coastal trading framework.

The Coastal Trading (Revitalising Australian Shipping) Amendment Bill 2017 was the most recent attempt to reform Australia’s approach to Coastal Trading regulation. This Bill lapsed in the Senate after the election earlier this year.

REVIEW SCOPE

Moving forward, the Federal Government is looking for practical solutions to coastal trading reform with caveat of remaining within the parameters of the current system.

The review will focus on a need to retain protections for Australian shipping while maintaining licences for coastal trading – as outlined in a departmental document titled “Coastal Trading Reform – Where to from here?”, opening the coast, a strategic fleet and high cost subsidies are not within the scope.