The Government's partnership with industry will play a key role in ensuring that we get the best possible outcome during the forthcoming negotiations. Close cooperation and consultation will be critical. The domestic environment The Government also recognizes the importance to you of the domestic market. Tax reform, on which I will speak further in a moment, is a key aspect of this. And the Government has also taken other important steps such as improved labelling laws, revised anti-dumping procedures and the establishment of a WTO consistent safeguards mechanism to provide scope for remedies from unfair import competition.
Tax reform is vital to both domestic and export market success.
In essence, the Government's tax package will benefit the industry by reducing the cost of inputs and simplifying current tax procedures which, as I am sure you are all aware, are cumbersome and inefficient. Under our reform plan, broad industry costs will fall noticeably. By Treasury estimates, costs for agricultural industries will fall by 2.8 per cent. And exporters will be refunded all GST paid on their inputs for the first time ever. This includes inputs on which they currently pay wholesale sales tax such as office computers and GST paid on government services such as those provided by Austrade.