Australia's sovereign maritime capability will be increased to support response efforts during national disasters and crises within six months if the coalition is re-elected.
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The commercial fleet will also be expanded beyond its 13 large scale vessels to ensure access to critical supply links and goods, Deputy Prime Minister Barnaby Joyce told the National Press Club on Wednesday.
"Australia has a maritime vulnerability. We are a nation that is surrounded by sea," he said.
"If you can stop imports and exports into Australia, you can stop Australia. We must regain sovereignty in this space and give priority to Australian seafarers."
The coalition would review tax arrangements, including income tax exemptions, for ship owners to be able to operate on par with foreign counterparts.
There would also be greater maritime sector employment and training opportunities.
Regional working arrangements will be put in place to encourage ship owners to import labour to complement the Australian workforce.
Red tape will also be cut from the Coastal Trading Act.
"This plan will not only offer supply chain security, but also a significant economic benefit for Australia with more maritime employment and training opportunities," Mr Joyce said.
"Australia cannot contract its way into securing shipping capability."
The Nationals are seeking to hold their 16 lower house seats at the May 21 election.
Australian Associated Press