EXTRACT:
In a formal submission to the Rural and Regional Affairs and Transport Legislation Committee, FTA and APSA suggested importers and exporters paid $1.36 billion in TACs over the last three years, with $505.5 million paid in the 2023 calendar year.
"The scourge of TACs, combined with the biosecurity processing delays, is resulting in rapidly escalating supply chain costs directly adding to inflationary pressures and fuelling the cost-of-living crisis," FTA director and APSA secretariat Paul Zalai said.. READ MORE
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