AUSTRALIA: Claims Tariff Cuts Could Cost 19,000 Jobs
Up to 19,000 clothing, textile and footwear industry jobs could be lost if the Australian government presses ahead with plans to cut tariffs, the Victorian Government said Monday.
In a report to the country's Productivity Commission review, state bosses warned the region's soft goods industry would not survive a fresh cut in tariffs for an already-struggling industry.
Manufacturing and Export Minister, Tim Holding, said: "We shouldn't be cutting tariffs at a faster pace than our competitors and risking the future of the industry and Victorian jobs.
"We think it would be disastrous for our textile, clothing and footwear industries. The research that we've commissioned for the Victorian Government shows that if the Productivity Commission position were to be adopted there would be 19,000 Victorian jobs at risk."
The commission is expected to make its final decision before the end of this year.
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