If the government decides to remove regional trade protections on the book industry, it should compensate Australian authors. But given how unlikely new funding would be, the best option – for everyone – is to leave well enough alone.
The uniquely Australian literary voice is worth protecting, but parallel importation restrictions are not the way to do it. Rather, we should lift those restrictions – and subsidise Australian booksellers directly.
The Australian government yesterday announced it intends to repeal parallel importation restrictions on books, which has again caused concern in the publishing industry. But, really, what's the problem?