Bills Digest no. 92 2009–10
Textile, Clothing and Footwear Strategic Investment
Program Amendment (Building Innovative Capability) Bill
2009
WARNING:
This Digest was prepared for debate. It reflects the legislation as
introduced and does not canvass subsequent amendments. This Digest
does not have any official legal status. Other sources should be
consulted to determine the subsequent official status of the
Bill.
CONTENTS
Passage history
Purpose
Background
Main provisions
Concluding comments
Contact officer & copyright details
Passage history
Textile,
Clothing and Footwear Strategic Investment Program Amendment
(Building Innovative Capability) Bill 2009
Date introduced: 25
November 2009
House: House of
Representatives
Portfolio: Innovation, Industry, Science and Research
Commencement: On
the date of Royal Assent.
Links: The
relevant links to the Bill, Explanatory Memorandum and second
reading speech can be accessed via BillsNet, which is at http://www.aph.gov.au/bills/.
When Bills have been passed they can be found at ComLaw, which is
at http://www.comlaw.gov.au/.
The Bills amends the Textile, Clothing and Footwear
Strategic Investment Program Scheme Act 1999 to provide
legislative authority for the establishment of the Clothing and
Household Textile (Building Innovative Capability) scheme which
will replace the TCF Post-2005 (SIP) scheme for the 2010–2011
to 2014–2015 program years.[1]
Background
On 8 March 2008, the Minister for
Innovation, Industry, Science and Research announced a review of
the textile, clothing and footwear (TCF) industry to be conducted
by Professor Roy Green in consultation with an expert advisory
panel.[2] The Terms
of Reference of the review focussed on the capacity of the industry
to take advantage of new technologies and innovation, to improve
productivity and move into new areas where it could compete.
Professor Green’s report, Building Innovative
Capability, was presented to the Rudd Government on 29 August
2008 and released publicly on 19 September 2008.[3] The review ran concurrently with
the Review of Australia’s National Innovation System by Dr
Terry Cutler. Both reviews highlighted the Government’s
policy of assisting manufacturing through a strategic approach to
innovation with the support of effective industry programs.
Despite increased competition from overseas suppliers and
commercial pressures from large retailers, the review considered
that Australia’s TCF industries have:
a promising future, but this can only be achieved through a
concerted effort to differentiate their products through
uniqueness, product quality and design, branding, quick response
and new approaches to supply chain management.[4]
The review made 15 wide-ranging recommendations to promote
Research and Development (R&D) and investment in the growth
sectors identified by the review. Among the key recommendations
were:
- the establishment of a new TCF Innovation Assistance Package
2009–2015 with a budget of $250 million
- a $200 million TCF Innovation Capability Program should be
introduced to replace the TCF Post-2005 (SIP) scheme
- the definition of the TCF industries should be expanded and
government-funded assistance should be available to a broader range
of TCF firms and organisations
- the establishment of a TCF Innovation Council to advise
government on funding categories with funding of $12million,
and
- the scheduled tariff reductions in 2010 and 2015 should be
allowed to take their course.
The recommendations formed the blueprint for the
Government’s TCF assistance package announced in the
2009–10 Federal Budget. Under the package, a Clothing and
Household Textile Building Innovative Capability Program would be
established based on the TCF Post-2005 (SIP) Scheme from the
Scheme’s 2010–2011 program year, with $25 million
additional funding. The package also included a new $30 million TCF
Strategic Capability Program to support large projects and the
establishment of a National TCF Innovation Network.[5]
In November 2003, the Howard Government announced a long-term
assistance package for the TCF industries in the transition to an
internationally competitive industry as tariffs were reduced. The
$747 million package over ten years (2005–2015) was designed
to promote investment, product diversification and growth in
value-added production, and was supported by structural adjustment
measures to address plant closures and job losses.[6]
The package can be summarised as follows:
|
TCF Post-2005
Assistance Package
The $747 million TCF Post-2005
Assistance Package followed the $647 million TCF Strategic
Investment Program (SIP) Scheme which was established under the
Textile, Clothing and Footwear Strategic Investment Program Act
1999. The TCF SIP Program ran from 1 July 2000 to 30 June
2005. The post-2005 arrangements were to operate to 2015.
Import
tariffs
As part of the post-2005
arrangements, import tariffs for clothing and finished textiles
would be reduced from 25 per cent to 17.5 per cent on 1 January
2005, then to 10 per cent on 1 January 2010 and to 5 per cent on 1
January 2015.
Tariffs for other textile
products and footwear ranged from 10 per cent to 15 per cent. From
1 January 2010 all these tariffs would be 5 per cent.
TCF post-2005 budgetary
assistance
The $747 million Post-2005
Assistance Package comprises six programs:
– TCF
Post-2005 Strategic Investment Program (SIP) Scheme: $575
million available for grants in respect of eligible capital
expenditure (up to 40 cents in the dollar) and eligible R&D (up
to 80 cents in the dollar). All TCF industries may apply for grants
under the Scheme which ceases on 30 June 2010. An extension of the
Scheme from 2010–2011 to 2014–2015 valued at $87.5
million applies to the clothing and finished textile sectors.
– TCF
Structural Adjustment Program: $50 million available to
encourage restructuring and support labour market adjustment
particularly in TCF dependent regions.
– TCF Product
Diversification Scheme: $50 million over ten years
(2005–2015) to internationalise sourcing and diversify
product range. Assistance is in the form of import duty credits
based on incremental production.
– TCF Expanded
Overseas Assembly Provisions Scheme: $27 million in import
duty concessions for importation of overseas assembly of
predominantly Australian fabric and leather.
– TCF Small
Business Program: $25 million over ten years (2005 to
2015) to support small TCF businesses.
– TCF Supply
Chain Opportunities Program: $20 million over five years (2010
to 2015) in grants for capital investment. The program applies to
the clothing and finished textile sectors.
|
Source: Parliamentary Library
In accordance with the Terms of Reference, the review examined
the effectiveness of the existing six TCF post-2005 programs. As
regards the main program, the TCF Post-2005 (SIP) Scheme, the
review noted that:
… the Australian TCF industries have responded favourably
to the generous incentives to invest in new plant or equipment and
innovation by the TCF Post-2005 (SIP) Scheme since its
inception.[7]
It also observed that the level of eligible expenditure has
continued to grow as the program approaches its end. Overall, the
review concluded:
The TCF Post-2005 (SIP) Scheme has focussed Australia’s
TCF industries on the importance of improving their competitiveness
through capital investment and innovation. The scheme, along with
the other measures in the TCF Post-2005 Assistance Package, has
been an appropriate mechanism for addressing the pressures of
structural adjustment and should continue to do so until 2010.
However, from 2010 the TCF Post-2005 (SIP) Scheme as currently
formulated will provide limited grant support for only the clothing
and finished textile sectors, at the significantly reduced level of
$17.5 million per annum.[8]
Looking forward, the review recommended a change in the focus of
any new assistance program:
… away from the structural adjustment assistance for a
narrowly defined group of medium to large manufacturing firms, to
the development of innovative capability across an expanded range
of firms and organisations.[9]
This would include TCF manufacturing, design and business
services, wholesale and retailing, and related research and
educational institutions. Specifically, the review recommended the
existing transition assistance be superseded by a new program, the
TCF Innovation Assistance Package 2009–2015, with a budget of
$250 million. The centrepiece of the new program would be a $200
million TCF Innovation Capability Program. The amount earmarked for
the new program is broadly the amount of residual funding that
would be left over from the $575 million allocated under the TCF
Post-2005 (SIP) Scheme after 30 June 2009.
Australia’s TCF industry has remained competitive in a
high exchange rate environment through restructuring and
innovation. Assisted by the TCF Strategic Investment Program (SIP)
Scheme and TCF Post-2005(SIP) Scheme, the industry has restructured
and survived due its design capability, niche marketing and growing
linkages with global supply chains. However, the industry has
steadily been declining over the last decade with employment levels
falling by more than 50 per cent and investment almost halving.
• ABS
figures for 2008–09 show that the industry contributed around
$5.2 billion in industry value-added which is around 5 per cent of
all manufacturing value-added
- in 2008–09, TCF imports ($10.6 billion) were more than
five times that of exports ($1.9 billion)
- export levels of all categories of finished TCF goods are small
and are declining, except for leather
- New Zealand is the largest export destination of TCF exports,
followed by China and the United States, and
- competition from Asia in particular has affected the size and
vitality of the industry, with a number of Australian TCF
industries sourcing product overseas or moving production
offshore.
The TCF industry performance for 1999–2009
is set out in the following table:
TCF industry performance 1999–2009
NA – Not available. The latest data available for
Business Expenditure on R&D is 2006–07.
1 ABS Cat. No. 5206.0 – Australian
National Accounts: National Income, Expenditure and Product,
September 2009, Table 14 – Chain Volume Measure: Trend.
2 ABS Cat. No. 6291.0.55.003 – Labour
Force, Australia, Detailed, Quarterly, May 2009, Table 06: Employed
Persons by Industry Subdivision and Sex – Original
Data. Employment is at May (i.e. 2008–09 is at May
2009).
3 ABS Cat. No. 5368.0 – International Trade
in Goods and Services, Australia, Dec 2007, Table 32: Merchandise
Trade: Exports By Industry, FOB Value. (Exports from
1999–2000 to 2004–05 under ANZSIC 1993. Exports from
2005–06 to 2008–09 under ANZSIC 2006)
4 ABS Cat. No. 5368.0 – International Trade
in Goods and Services, Australia, Dec 2007, Table 35: Merchandise
Trade: Imports By Industry, FOB Value. (Imports from
1999–2000 to 2004–05 under ANZSIC 1993. Imports from
2005–06 to 2008–09 under ANZSIC 2006)
5 ABS Cat. No. 5625.0 – Private New Capital
Expenditure and Expected Expenditure, Australia, November 2009,
Table 2E: Actual Capital Expenditure, Detailed Industries –
Seasonally Adjusted Current Prices.
6 Business Expenditure on Research and
Development. ABS Cat. No. 8104.0 – Research and
Experimental Development, Businesses, Australia, 2007–08.
Note: The ABS is in the process of moving away from ANZSIC 1993
towards ANZSIC 2006. Industry value added, exports, imports and
BERD have moved to ANZSIC 2006, while investment and employment are
still at ANZSIC 1993.
Source: Parliamentary
Library
As from 1 January 2010, the rate of customs duty applicable to
all TCF goods (with the exception of clothing and finished
textiles) is 5 per cent. The rate of customs duty on these other
items will be reduced to 5 per cent from 1 January 2015. (See table
below.)
Australian tariff
rates: TCF items (all rates expressed as per cent of
value)
| |
Clothing, finished textiles, household
textiles
|
Cotton sheeting, woven fabrics
|
Sleeping bags, table linen
|
Carpets
|
Footwear
|
Footwear parts
|
Other*
|
|
2005–09
|
17.5
|
10
|
7.5
|
10
|
10
|
7.5
|
5
|
|
2010
|
10
|
5
|
5
|
5
|
5
|
5
|
5
|
|
2015
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
* Textile yarns.
Source: Parliamentary
Library
As part of the Terms of Reference of the review, the
Productivity Commission was tasked with modelling the macroeconomic
effects of future TCF assistance and changes to TCF tariffs. The
Commission modelled various policy scenarios that included tariff
reductions to 5 per cent.[10] The results of the economic modelling showed that
reducing tariffs in 2010 and 2015 could provide net benefits to the
economy of around $60 million per year with economy-wide gains
outweighing the negative impacts on the TCF industry.
The most important findings of the modelling were that the
economic benefits from a modest increase in productivity combined
with tariff reductions far exceeded the potential benefits of
reducing tariffs alone, and that ending assistance to the TCF
industry would have no impact on GDP. However, maintaining
assistance would soften the impact of tariff reductions in the TCF
industries by slowing down the rate of decline in output and
employment associated with the tariff reductions.
The Clothing and Household Textile (Building Innovative
Capability) (BIC) scheme will replace the TCF Post-2005 (SIP)
Scheme from the Scheme’s 2010–2011 program year. The
BIC scheme will be funded from a standing appropriation in the
Bill. The total amount of the grants to be paid under the BIC
scheme for the years 2010–2011 to 2014–2015 will not
exceed $112.5 million. This amount subsumes $87.5 million
previously allocated for an extension of the TCF Post-2005 (SIP)
Scheme from 2011 to 2015 and $25 million in additional
funding. Increased funding is as a result of the discontinuation of
the TCF Product Diversification Scheme and TCF Supply Chain
Opportunities Program, which was due to start in 2010. However,
details of the operation of the BIC scheme are not available as the
Bill provides broad policy parameters only and legislative
authority for the scheme to be established.
A Consultation Paper outlining the draft guidelines for the BIC
scheme was released by the Department of Innovation, Industry,
Science and Research in September 2009 inviting public comment.
Consultations with the TCF industry are scheduled for February
2010. The two principal areas identified by TCF industries as
requiring further development and clear guidelines are:
- the textile products to be covered by the term ‘Household
Textiles’,[11] and
- administration and compliance costs.[12]
The Bill has been referred to the Senate Standing Committee on
Economics for inquiry and report by 25 February 2010. Details of
the Senate Committee’s inquiry are at
http://www.aph.gov.au/senate/committee/economics_ctte/textiles_09/index.htm
Schedule 1 amends the Textile, Clothing and
Footwear Strategic Investment Program Act 1999 (the Act) to
provide for the establishment of the Clothing and Household Textile
(BIC) scheme and makes additional amendments to the Act
relating to provision of the new scheme.
Item 2 changes the short title in section 1 of
the Act to the Textile, Clothing and Footwear Investment and
Innovations Programs Act 1999 to better reflect the programs
provided under the Act.
Item 3 repeals section 3 and substitutes
new section 3 with a simplified outline of the Act
as a result of the amendments made by the Bill so that there are
two schemes under the programs: the TCF Post-2005 Scheme which
provides for two types of grants in respect of expenditure incurred
in the 2005–2006 to 2009–2010 income years; and the
Clothing and Household Textile (BIC) scheme which provides for
innovation grants in respect of the expenditure incurred in the
2010–2011 to 2014–2015 income years.
Items 4 to 9 amend section 4 of the Act to
insert definitions of ‘authorised Commonwealth
contractor’, ‘business day’,
‘Clothing and Household Textile (BIC) scheme’
and ‘clothing/finished textile expenditure’
and repeal redundant definitions of ‘bounty’
and ‘loan’.
Item 18 amends subsection 37D(1) by reducing
the total cap on the amount of grants available under the TCF
Post-2005 (SIP) Scheme from $575 million to $487.5
million.
Item 32 inserts new Part
3C—Clothing and Household Textile (BIC) scheme.
Proposed section 37ZK sets out the object of
new Part 3C and provides a simplified outline of
this Part. The object of proposed Part 3C is
to foster the development of a sustainable and internationally
competitive manufacturing industry and design industry for clothing
and household textiles in Australia by providing incentives which
will promote innovation (subsection 37ZK(1)).
Proposed section 37ZL provides the following
definitions in relation to Part 3C:
- ‘authorised officer’ means a person
appointed under subsection 37ZY(1) as an
authorised officer of the Department, and
- ‘innovation grant’ has the meaning given
by section 37ZQ.
Division 2 of new Part 3C
authorises the establishment of the scheme, its duration and
funding.
Proposed section 37ZM authorises the Minister
to formulate, by legislative instrument, the Clothing and Household
Textile (BIC) scheme.[13]
Proposed section 37ZN provides that the scheme
must make provision for ensuring that the total of innovation
grants (including advances on account of
innovation grants) paid under the scheme does not exceed $112.5
million.
Proposed section 37ZO provides that innovation
grants (including advances on account of innovation grants) will be
appropriated from the Consolidated Revenue Fund.
Proposed Division 3 of the new Part
3C sets out the broad policy objectives of the scheme
within the legislated parameters. Specifically, the scheme provides
for innovation grants in respect of clothing/finished textile
expenditure (proposed paragraph 37ZR(2)(a)) as
defined in section 4 that is incurred by an entity
from 2010–2011 to 2014–2015 (proposed paragraph
37ZR(2)(b)).
Grants must be paid in arrears (proposed section
37ZS) and the total amount of grants to an entity must not
exceed 5 per cent of its revenue (proposed subsection
37ZT(2)) and 15 per cent of its eligible start-up
investment (proposed subsection 37ZT(4)).
Proposed Division 4 of the new Part
3C establishes a registration regime for entities into the
Clothing and Household Textile (BIC) scheme (subsection
37ZU(1)). Examples for possible requirements relating to
the registration of entities are listed in
subsection 37ZU(2) and include a requirement
that:
- an entity must apply for registration, or
- the entity’s application for registration must be
accompanied by a statement issued by a specified person as to the
entity’s future financial viability.
Proposed subsection 37ZU(3) provides examples
of possible consequences of
non-compliance with the registration requirements, namely:
- that the entity is not eligible for an innovation grant
- that the entity’s eligibility for an innovation grant is
subject to restriction or reduction, or
- that the time of payment of an innovation grant to the entity
is deferred.
Pursuant to proposed Division 5 of the
new Part 3C, an entity will only be eligible for
an innovation grant if it has complied with the scheme’s
provisions in relation to the content and submission of strategic
business plans and variations of strategic business plans
(proposed section 37ZV). Under proposed
section 37ZW, an entity may be ineligible for an
innovation grant where it has not complied with the requirements
relating to the submission of audited or unaudited accounts and
financial statements (proposed paragraphs 37ZW(a)
and (b)).
Proposed Division 6 of the new Part
3C sets out the framework forconditional grants under the
scheme. Proposed subsection 37ZX(1) stipulates
that the scheme may provide for the payment of innovation grants
subject to certain conditions which may be imposed as a condition
precedent or subsequent. The following conditions may be
imposed:
- compliance with an information gathering notice pursuant to
section 38 of the Act (proposed subsection
37ZX(2)),
- that no false or misleading statement, information, evidence or
document is made, given or produced in connection with a claim for
the grant (proposed paragraphs 37ZX(3)(a) to
(c)), and
- that an entity must allow authorised officers access to the
business premises for the purpose of monitoring compliance with the
grant conditions (proposed
subsection 37ZX(4)).
In relation to monitoring compliance with the conditions of an
innovation grant, the Secretary is authorised to do the following
things by written notice:
- specify the business premises to be accessed (proposed
subsection 37ZX(6)),
- appoint a qualified APS employee in the Department as an
authorised officer (proposed subsection 37ZY(1)),
and
- appoint a qualified employee of an authorised Commonwealth
contractor to be an authorised employee of the contractor
(proposed subsection 37ZY(2)).
Proposed Division 7 deals with monitoring
compliance with the conditions of an innovation grant where the
relevant documents are in electronic form, and access to the
documents is by operating electronic equipment at the premises.
Proposed section 37ZZ applies to an authorised
officer within the meaning of proposed subsection
37ZY(1) and as defined in section 37ZL,
empowering the officer to:
- operate the equipment or other facilities at the premises to
put the documents into hard copy form (proposed subsection
37ZZ(3)), or
- operate the equipment or other facilities at the premises to
transfer the documents to another storage device, such as a disk or
tape (proposed subsection 37ZZ(4)).
Proposed section 37ZZA provides similar powers
to an authorised employee (the expert) who is required to assist
the authorised officer with retrieval of the relevant documents by
operating the electronic equipment. However, while the expert is
authorised to:
- operate the equipment or other facilities at the premises to
put the documents into hard copy form (proposed subsection
37ZZA(3)), or
- operate the equipment or other facilities at the premises to
transfer the documents to another storage device, such as a disk or
tape (proposed subsection 37ZZA(4)),
the removal of the hard copies or storage devices must be
performed by the authorised officer (subsection
37ZZA(5)).
Pursuant to proposed section 37ZZB, a
pre-condition to the operation of electronic equipment for the
retrieval of documents is that the person operating the equipment
believes on reasonable grounds that it can be operated without
causing damage.
Where, however, the equipment has been damaged as a result of
the operation of the equipment, the Commonwealth must pay
compensation pursuant to proposed subsection
37ZZC(2). Compensation is only payable where:
- damage is caused to the equipment (proposed
subparagraph 37ZZC(1)(a)(i))
- damage is caused to the data recorded on the equipment
(proposed subparagraph 37ZZC(1)(a)(ii)),
or
- programs associated with the use of the equipment, or with the
use of the data, are damaged or corrupted (proposed
subparagraph 37ZZC(1)(a)(iii)),
and where the damage was due to:
- the exercise of insufficient care in selecting the person who
operated the equipment (proposed subparagraph
37ZZC(1)(b)(i)), or
- the exercise of insufficient care by the person operating the
equipment (proposed subparagraph
37ZZC(1)(b)(ii)).
The Commonwealth is required to pay compensation as agreed upon
with the owner of the equipment or user of the data
(proposed subsection 37ZZC(2)). Where the owner or
user and the Commonwealth fail to agree upon a reasonable amount,
proceedings may be instituted in the Federal Court of Australia for
such reasonable amount as the Court determines.
The Secretary must issue an identity card to an authorised
officer (proposed subsection 37ZZD(1)) in the
form prescribed by the regulations (proposed paragraph
37ZZD(2)(a)). It is also a requirement that the authorised
officer must carry his or her identity card at all times when
exercising powers as an authorised officer (proposed
subsection 37ZZD(6)) and produce the card for inspection
on request by the occupier of the premises (subsection
37ZZD(7)).
Proposed Division 8 of new Part
3C contains additional aspects of the Clothing and
Household Textile (BIC) scheme. This includes, for example, that
the scheme:
- may provide for advances on account of innovation grants that
may become payable (proposed subsection
37ZZE(1)),
- must provide for a review mechanism (proposed section
37ZZF) which
- allows the
affected entity to request the Secretary to reconsider the initial
decision
- requires the
Secretary to reconsider the initial decision and either confirm,
revoke or vary it, and
- allows for
independent review of the Secretary’s confirmation or
variation of the initial decision by the Administrative Appeals
Tribunal, and
- may confer administrative powers on the Secretary
(proposed section 37ZZK).
Pursuant to proposed section 37ZZN, the
Minister must publish at the end of each of the 2011–2012 to
2015–2016 financial years, the name of each entity paid an
innovation grant during the financial year and the total of
innovation grants paid to the entity during the financial year.
Concluding comments
The Bill implements a key element of the review of the TCF
industry by Professor Green. The review concluded that the TCF
assistance measures in place were no longer suited to supporting
the industry through the changing global trade environment. The
industry’s sustainability depended on innovation and the
commercialisation of innovative products and technologies to create
growth. It recommended instead a competitive grants program to
apply to clothing and household textile designers and manufacturers
which invest in innovation. The new program would replace the
current assistance measures and cost about the same as the expected
expenditure under the TCF Post-2005 (SIP) Scheme and end in 2015 as
under current arrangements. However, details of the new BIC scheme,
with $25 million additional funding, are yet to be finalised and
implemented.
[1]
The term ‘TCG
post-2005 (SIP) scheme’ is defined in section 4 of the
Textile, Clothing and Footwear Strategic Investment Program Act
1999 to mean the scheme in force under section 37C of
that Act. Section 37C provides that the Minister must,
by writing, formulate a scheme (the ‘TCF Post‑2005
(SIP) scheme’) for the making of grants in connection with,
or incidental to, the design or manufacture of eligible textile,
clothing or footwear products.
[2].
Senator K Carr (Minister for
Minister for Innovation, Industry, Science and Research),
Government announces review of textile, clothing and
footwear, media release, 8 March 2008, viewed 29 January
2010,
http://minister.innovation.gov.au/carr/Pages/GOVERNMENTANNOUNCESREVIEWOFTEXTILE,CLOTHINGANDFOOTWEAR.aspx
[3].
Building Innovative Capability: Review
of the Australian Textile, Clothing and Footwear Industries,
Volumes 1–2, Canberra, 2008, viewed 29 January
2010,
http://www.innovation.gov.au/tcfreview/Documents/401_TCFreviewvol1.pdf.
[4].
Ibid, Volume 1, p. vii.
[5].
Senator K Carr (Minister for
Minister for Innovation, Industry, Science and Research),
Building innovation in textiles, clothing and footwear,
media release, 12 May 2009, viewed 29 January
2010,
http://minister.innovation.gov.au/Carr/Pages/BUILDINGINNOVATIONINTEXTILESCLOTHINGANDFOOTWEAR.aspx
[6].
See M Priestley, Textile,
Clothing and Footwear Strategic Investment Program Amendment
(Post-2005 Scheme) Bill 2004, Bills Digest, No. 48,
2004–05, Parliamentary Library, Canberra, viewed 29 January
2010, http://www.aph.gov.au/library/pubs/bd/2004-05/05bd048.pdf
[7].
Building Innovative
Capability, op. cit., Volume 1, p. 59.
[8].
Ibid, p. 62.
[9].
Ibid, p. 101.
[10].
See Productivity Commission, Modelling
Economy-wide Effects of Future TCF Assistance, June 2008,
viewed 29 January 2010,
http://www.pc.gov.au/projects/study/textile-clothing-footwear/finalreport.
The results are summarised in Table 1: Assistance reductions
deliver economy-wide gains, even with restrictive assumptions,
Building Innovative Capability, op. cit., Volume 2, p.
3.
[11].
See Submissions to the Senate Standing Committee
on Economics: Inquiry into the Textile, Clothing and Footwear
Strategic Investment Program Amendment (Building Innovative
Capability) Bill 2009 by Bruck Textiles, Submission No. 2, December
2009 and Carpet Institute of Australia, Submission No. 8, February
2010.
[12].
See TCF Services Pty Ltd, Submission to the
Department of Innovation, Industry, Science and Research in
response to the Consultation Paper on the TCF Strategic Capability
Program (SCP), and the C&HT Building Innovative Capability
(BIC) Program – September 2009, Response to 2009 SCP-BIC
Consultation Paper, viewed 29 January 2010,
http://www.tcf.net.au/pdf/TCFServicesSCP_BICConsultationPaperResponse.pdf
[13].
The legislative instrument may be subject to
parliamentary disallowance under Part 5 of the Legislative
Instruments Act 2003.
Michael Priestley
1 February 2010
Bills Digest Service
Parliamentary Library
Members, Senators and Parliamentary staff can obtain further
information from the Parliamentary Library on (02) 6277 2465.
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