The Government has announced that the Productivity Commission will undertake an inquiry into Australia’s anti-dumping and countervailing system.

Australia’s anti-dumping and countervailing system allows Australian industries that have been materially injured to make a claim against foreign businesses that they consider to be ‘dumping’ low-priced competing goods or exporting subsidised goods into the Australian market. If a claim is upheld, the Australian Customs and Border Protection Service imposes duties on the foreign goods. Countervailing duties are another form of trade remedy that are imposed in response to a foreign country subsidising its exports.