News

Anti-dump rules to help industry

MP Shayne Neumann and Capral business manager Sven Gade.
MP Shayne Neumann and Capral business manager Sven Gade. Sarah Harvey

TOUGHER anti-dumping laws introduced by the Federal Government are set to make local businesses like Capral more competitive.

Capral is Australia's largest aluminium extrusion company and employs almost 300 people at its Bremer Park site.

Federal Member for Blair Shayne Neumann said the new measures would help deliver fair competition on a genuinely level playing field for local manufacturers.

Dumped aluminium extrusion from China has seized about 40% of the Australian market and has put the domestic extrusion industry under severe stress.

These Chinese imports persist because of Chinese government ownership of aluminium smelters in China which subsidise the supply of primary aluminium, the manipulation of the Chinese yuan and circumvention of Australian laws and customs' measures.

Phil Jobe, the managing director of Capral Ltd, said he was "pleased with the reforms the government has announced".

"The plant at Bremer is world class," he said.

"It has got the latest technology, it has got a highly skilled workforce and can compete with the best plants in the world.

"What it can't compete against is products in countries where they are subsidised by governments and where they manipulate their currency.

"We've been campaigning strenuously for three years for major reform in the anti-dumping regime in Australia that would allow a company such as Capral to put either new cases in or revised cases in that would improve the remedies available to us."

MP Shayne Neumann said he had been "working with local companies such as Capral at Bremer Park to support local jobs and manufacturing by reforming the customs legislation."

Mr Jobe said Mr Neumann and Federal Member for Oxley Bernie Rippoll had "pushed the case in Canberra and had been very effective at bringing in these changes and it is much appreciated".

 

MANUFACTURING BOOST

  • New anti-dumping laws to assist local businesses
  • Capral, at Bremer Park, to benefit
  • Manufacturing employs 13.5% of workers in Ipswich and Somerset

Topics:  competition shayne neumann



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