CER is a WTO consistent free trade area allowing for free trade in goods and services between Australia and New Zealand. CER has limited impact on vehicle trade as New Zealand no longer manufactures vehicles and does not apply tariffs to vehicle imports. At present, none of these countries manufactures motor vehicles. Manufacturing free trade zones Australia does not maintain manufacturing free trade zones per se. To date only one MiB licence has been issued and this firm is not involved in the automotive industry.
Duty draw back arrangements.
Duty draw back can only be claimed after the goods have been exported. This tax will operate in a similar way to the VAT's now common in many other countries. However they are some common elements. There is also a flat fee for the initial issue of licence plates. Annual registration fees are levied on all motor vehicles with higher fees for large commercial vehicles and lower fees for motor bikes.