e-commerce faces Australian hurdles

Singapore freight forwarders – Star Concord
17-Jun-2024

Australia has stringent Biosecurity controls at its border to protect the island nation from potentially devastating pest and disease outbreaks, safeguarding its national economy, agriculture, fisheries and forestry industries, regional communities and unique environment.

The Australian federal government announced in the 2023-24 Federal Budget a need for “sustainable funding” to strengthen Australia’s biosecurity system. This was planned to be paid for on a “shared responsibility” basis, taking total revenue from AUD $536.2m to AUD $804.6m by the 2024-25 financial year.

This includes the introduction of new levies on Domestic Producers and e-commerce Cargo Reporters from 1st July 2024.