Australian Labor Party has moved to establish a Senate inquiry into Australian shipping to build bipartisan support to reverse the ongoing decline of the nation’s maritime industry.

“It is time for all political parties to work with industry and employee representatives to end the policy inertia and collaborate to find an approach that will secure the future of Australian shipping,” a statement issued by Anthony Albanese, Labor MP for Grayndler and Shadow Minister for Infrastructure, Transport, Cities, Tourism, reads.

Over the past 30 years, the number of Australian-flagged vessels operating domestically and internationally has fallen from about 100 to 14, with resulting job losses and a decline in the country’s national skills base.

In July 2012, following extensive consultation with industry and unions, the former Labor Government attempted to revive shipping with a reform package including tax concessions and training assistance.

However, in 2013, the incoming Coalition Government took a new approach, proposing changes that would have destroyed the domestic shipping industry by allowing foreign vessels paying crews third world wages to compete with Australian vessels paying their crews Australian-level wages, according to the statement.

Since the Senate rejected that legislation in 2015, the Government has allowed the industry to drift, Albanese said.

As an island nation which relies on shipping to move 99 percent of its imports and exports, it said to be in Australia’s economic, environmental and national security interests to maintain a vibrant maritime industry.

The inquiry by the Senate’s Rural Regional Affairs and Transport References Committee offers an opportunity for the Parliament to put the national interest ahead of political considerations and find a way forward.

The inquiry will examine the policy, regulatory, taxation, administrative and funding priorities for Australian shipping.

These include:

  1. New investment in Australian ships and building a maritime cluster in Australia;
  2. Establishment of an efficient and commercially oriented coastal ship licensing system and foreign crew visa system;
  3. Interaction with other modes of freight transport, non-freight shipping and government shipping;
  4. Maritime security, including fuel security and foreign ship and crew standards;
  5. Environmental sustainability;
  6. Workforce development and the seafarer training system;
  7. Port infrastructure, port services and port fees and charges; and any related matters.

Related News

Our Services

Latest News

Vietcombank Rates

Currency Buy Transfer Sell
AUD
AUST.DOLLAR
16,535.60 16,635.41 16,817.02
EUR
EURO
26,162.20 26,240.92 26,632.60
GBP
BRITISH POUND
28,986.79 29,191.13 29,450.85
HKD
HONGKONG DOLLAR
2,940.93 2,961.66 3,005.99
JPY
JAPANESE YEN
199.33 201.34 206.37
RUB
RUSSIAN RUBLE
0.00 348.41 388.23
SGD
SINGAPORE DOLLAR
16,734.54 16,852.51 17,036.49
USD
US DOLLAR
23,270.00 23,270.00 23,360.00