February 22nd 2003

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Articles from this issue:

COVER STORY: Getting a grip on Japan

EDITORIAL: Kiwibank: lessons from NZ

CANBERRA OBSERVED: NSW Liberals in the spotlight as election looms

WATER: Farmers' water rights at risk in the Murray-Darling Basin

Sugar Summit held in Brisbane

STRAWS IN THE WIND: Destruction of wealth / Negative gearing

INTERNATIONAL TRADE: Free trade: where do we stand?

WESTERN AUSTRALIA: Protests in Fremantle

Deregulation and growth (letter)

Iraq and Zimbabwe (letter)

Time to get serious about Australia (letter)

QUEENSLAND: Dangers in Qld Nats' move to become 'relevant'

NORTH KOREA: Is time finally up for dinosaur regime?

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Sugar Summit held in Brisbane

by News Weekly

News Weekly, February 22, 2003
The Summit on Sugar, convened by Dr Mark McGovern from the Queensland University of Technology, was held at QUT on January 29 2003.

The aim of the meeting was to bring together academic analysts of the sugar industry with those directly affected by a "level-playing field" policy being pursued by the Federal and State governments.

Drawing on statistical and historical data, Dr McGovern, and Professors Ted Kolsen and Rod Jensen of the University of Queensland's Economics Faculty, were able to identify flaws in the governments' approach.

According to Professor Kolsen:

"As is the case with the entire commercial world, it is well-known that everything could be done better. The sugar industry is no exception. What is required is to know how to do better. So far there is no clear set of changes which will unambiguously, or even probably, ensure that the industry will do better"

Carole Mackee from Ingham, Errol Zumker of Bundaberg, and Ross Walker of the Australian Cane Farmers Association testified to the deleterious impact of the government approach and their fears for the future viability of the industry.

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