Customs Amendment (Safeguard Inquiries) Bill 2026; Second Reading

Opened the debate

Ayres argued that the bill modernises Australia's trade remedies architecture by vesting safeguard inquiry responsibilities in the Australian Trade Remedies Commission. Ayres stated that this transfer streamlines processes and improves regulatory efficiency by consolidating functions within a single expert agency. Ayres emphasised that safeguard actions provide necessary emergency relief to domestic industries facing serious injury from unforeseen import surges. Ayres noted that the bill introduces a legislated public interest consideration to ensure measures benefit the broader economy. Ayres confirmed that existing inquiries, such as the one on fabricated structural steel, would remain with the Productivity Commission until completion.

Government response

Ayres moved the second reading of the bill and sought leave to incorporate the speech into Hansard. Ayres outlined the government's commitment to free and fair trade while highlighting the need for robust defences against unfair trade practices. Ayres explained that the bill fulfils a commitment made during the Economic Reform Roundtable to improve regulatory efficiency. Ayres detailed how the bill establishes fair procedures and evidence-based frameworks for conducting safeguard inquiries. Ayres concluded by affirming that the changes align with international obligations and support a resilient domestic manufacturing sector.