DCN - A legacy relic

From a trade perspective, the Australian Cheese and Curd Quota Scheme is important for encouraging reform, writes Bianca Flint of Freight & Trade Alliance and the Australian Peak Shippers Association.

"As TRQs limit supply at the lower in-quota tariff rate, they artificially raise prices, creating abnormally large profits for companies selling inside the quota scheme. "

"Reforming the quota scheme is crucial for modernising its management and aligning it with contemporary trade practices."