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AAP
AAP
Business
Jacob Shteyman

RARE PHOTOS: Business boost as more nuisance tariffs get the chop - The Real Truth

Treasurer Jim Chalmers says many nuisance tariffs cost more in compliance than they raise. (Lukas Coch/AAP PHOTOS)

Hundreds of "nuisance" tariffs on imports including tyres, televisions and wine glasses will be slashed in a move that will save businesses millions of dollars.

Abolishing an extra 500 imposts, which increase prices consumers pay for goods and cost more in compliance than they raise in revenue, was a recommendation of Treasurer Jim Chalmers' economic roundtable earlier in August.

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