BREAKING NEWS - PRODUCTIVITY COMMISSION TASKED TO COMPLETE AN URGENT REVIEW INTO SUPPLY CHAIN VULNERABILITIES

Friday, February 19, 2021

As members would be well aware, Freight & Trade Alliance (FTA) and the Australian Peak Shippers Association (APSA) have increased advocacy and mainstream media exposure seeking government intervention to initiate reforms to address ongoing waterfront industrial relations disruption, shipping competition (including a review of stevedore-imposed Infrastructure surcharges and shipping line imposed congestion surcharges), empty container management (including shipping line container detention practices) and the need for sustained financial support mechanisms for the air cargo sector.

The evidence that we provided to the Joint Standing Committee on Foreign Affairs, Defence and Trade 'Inquiry into the Implications of the Covid-19 pandemic for Australia's foreign affairs, defence and trade' highlighted the need for a paradigm shift in government priorities in favour of exporters, importers and logistics providers.

The consistent theme of our advocacy being that it is the efficient movement of goods that will lead our economic recovery and generate national wealth.

In response, we are delighted to advise that the Hon Josh Frydenberg MP (Treasurer) has today announced that the Productivity Commission has been directed to undertake an independent review into supply chain vulnerabilities and risks.

The Productivity Commission will undertake consultation, and provide a report on Australia's role as an importer in March 2021 and a second and final report on Australia's role as an exporter in May 2021 - MEDIA RELEASE AVAILABLE HERE
 
We look forward to direct engagement with the Productivity Commission and to continue our lead towards necessary operational and regulatory reform
Paul Zalai -  Director and Co-Founder, FTA / Secretariat, APSA