delete Customs (Prohibited Exports) Regulations (Amendment)
The Customs (Prohibited Exports) Regulations (Amendment) outlines which goods are prohibited from being exported from Australia, including cultural heritage items, certain wildlife, and controlled substances. The amendment updates the list of prohibited items and clarifies the export process.
The regulation imposes unnecessary barriers to trade and innovation. It increases compliance costs for businesses, particularly those in rural and remote areas, and creates a complex web of restrictions that hinder economic activity. The unintended consequences include reduced supply and increased costs for both domestic and international markets, ultimately harming Australia's competitiveness.