Australia's Textile, Clothing and Footwear industries can have a promising future, with goodwill, effective leadership, sound business strategy and appropriate support from government, according to this report. Australia cannot compete with China on low-cost, commoditised items but can develop new capabilities in innovation, supply chain management and ethical branding.
The report’s key recommendations are for:
• a new TCF Innovation Assistance Package 2009–15 with a budget of $250 million be introduced as part of a process of 'mainstreaming' the TCF industries into the broader policy framework;
• assistance to the TCF industries should be available to a broader range of firms and organisations; and
• scheduled tariff reductions to 2015 should be allowed to take their course.