Unions oppose freer trade

Unions on both sides of the Tasman are opposing freer trade between Australia and New Zealand.

. . . Approaching the 30th anniversary of Closer Economic Relations (CER), the CTU has teamed up with its counterpart the Australian Council of Trade Unions (ACTU) to fight some of the key recommendations made by productivity commissions of both countries.

The unions have written to the productivity commissions rejecting a proposal to reduce all remaining tariffs to five per cent, unless there is a public inquiry into the impact on jobs. . .

This is a blinkered approach which would hold back both countries.

Tariffs are a subsidy for businesses paid for by consumers.

They are anti-competitive, protect inefficient businesses and workers, restrict choice for customers and inflate prices.

Australia is our biggest trading partner. We have far more to gain from access to a market about five times bigger than ours than we have to lose.

But the gains aren’t all one-way.

The freer trade is across the Tasman the better it is for both countries.

 

One Response to Unions oppose freer trade

  1. Horace the Grump says:

    yeah… unions never seem to have understood that in trade everyone can benefit – its not a ‘for us to win you have to lose’ construct – but that is the only way unions seem able to view any economic transaction…

    Idiots.

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