Dec 19, 2011

Reforms to shipping industry progress

Legislation to reform Australia’s shipping industry has today been released for consultation.

The reforms were announced in September and include:

  • tax reforms to remove barriers to investment in Australian shipping and to foster the global competitiveness of the shipping industry.
  • a simplified three tier licensing framework for participation in the coastal trade.
  • establishment of an Australian International Shipping Register to put Australian companies on a level footing with their international competitors.
  • establishment of a Maritime Workforce Development Forum to progress key maritime skills and training priorities.

The three draft bills being released are the result of extensive consultation with industry over the last 12 months.

Industry groups and the public will now have an opportunity to provide feedback to the Department.

The Bills can be found on the Department of Infrastructure and Transport’s website at www.infrastructure.gov.au.