delete Customs (Prohibited Exports) Regulations (Amendment)
Amendment to the Customs (Prohibited Exports) Regulations, modifying the list of goods prohibited from export and updating related compliance procedures.
Export prohibitions restrict voluntary trade, infringing property rights and reducing prosperity. They impose compliance costs, distort markets, and often originate from paternalistic or protectionist motives rather than preventing genuine harm. Unseen costs include lost export opportunities for Australian producers, reduced competitiveness, and inefficient resource allocation that harms the overall economy.