Sophie Mirabella has this gem in the Australian
effective anti-dumping systems perform a crucial function in world trade by providing recourse against the insidious practice of dumping.
That’s what happens when the Liberal Party takes advice from anti-free trade activists. She is on samewhat safer ground when she writes
… a government that already has seen fit to punish manufacturers relentlessly by increasing regulations, discouraging commercialisation, slashing incentives for research and development (and, worst of all, introducing a job-destroying carbon tax) still shows no signs that it’s interested in fighting for the growth of Australian industry.
Tax incentives for R&D should be eliminated entirely – but the current government has been tardy in deregulation and good at tax and spend.
Here is the rub: she says
the Coalition will introduce an effective anti-dumping regime that ensures good Australian businesses get a fair go.
The only protection good Australian businesses need is the rule of law – the kind of pre-emptive anti-dumping regime she describes is protectionism and anti-consumer. It will be a great new tax on the household budget.