‘Too Many Imports’

Economics
Financial Markets
Author

Stephen Kirchner

Published

July 25, 2007

Treasurer Peter Costello, the consumer’s friend:

JOURNALIST:

Are you concerned, you mentioned that there were a few products that were down, breakfast cereals and the like, is there concerns that there’s not more cheaper imports flowing into the market with the dollar so high?

TREASURER:

Well, it is nice to have price falls, but we don’t want too many imports coming into the country.