Hundreds of tariffs to go from July 1 in biggest unilateral tariff cut in decades

The Albanese government will abolish almost 500 so-called “nuisance” import tariffs from July 1.

Items set to become tariff-free include toothbrushes, hand tools, fridges, dishwashers, clothing, and menstrual and sanitary products. The tariff on such products is 5%. The cost to the budget has not yet been announced, partly because the plan is subject to consultations.

The decision will be the centrepiece of a speech Treasurer Jim Chalmers will make to a business audience in Sydney on Monday. Later, in another speech this week, Chalmers will set out some directions for the…

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