JAA and the Synthetic Diamonds Dilemma

That being said, it is perhaps one of my great points of satisfaction within this industry, that great hand skills will never be obsolete.

Jacques Fabian addresses the elephant in the room

I have been closely watching the arise of the synthetic diamond industry over the past years and have often wondered how the Australian industry would address the challenge.

As is the way with our industry, change is ever upon us and it is how we choose to engage, interact or respond to those changes that will always have the far reaching out comes on our small business structures.

That being said, it is perhaps one of my great points of satisfaction within this industry, that great hand skills will never be obsolete.

So back to our synthetic diamonds dilemma. The JAA (Jewellers Association of Australia) has released a statement today as follows:

“The Jewellers Association of Australia (JAA) is pleased to announce the implementation of a new import classification which will differentiate synthetic diamonds from natural diamonds.

This announcement is the outcome of ongoing discussions between the JAA and the Department of Home Affairs which aim to align Australian tariff classifications with technological advancements impacting the jewellery industry. 

Representatives from the Department of Home Affairs agreed with JAA director, Ronnie Bauer, in a telephone conversation on February 4th 2019 that the implementation of the new synthetic diamond classification was ‘a necessary step to safeguard the Australian jewellery industry’ and its customers.

The Harmonizing Systems Council is expected meet in Canberra to approve the additional code which will then be put forth to the International Policy Council. The change is listed for debate in Federal Parliament in 2021 with the new code expected to be in use by January 1st 2022.

CIBJO President Gaetano Cavalieri has been informed of this development and congratulates the JAA and Mr Bauer on achieving a positive outcome.”

If you would like to know more you can contact the JAA media marketing person Emma.

Media Enquires
Emma Ward
Marketing and Communications Manager
marketing@jaa.com.au


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