House debates
Monday, 12 February 2018
Private Members' Business
Trans-Pacific Partnership Agreement
11:01 am
Bert Van Manen (Forde, Liberal Party) Share this | Hansard source
The value of this motion is that we're seeking to once again share with the House and acknowledge the importance of open trade and investment policies in a growing Australian economy. Importantly, this is about the opportunity to create local jobs. This private member's motion seeks to commend the government for leading efforts to conclude the Trans-Pacific Partnership 11-nation agreement, TPP 11. It welcomes the recent conclusion of this landmark deal, which will eliminate more than 98 per cent of tariffs in a trade zone with a combined GDP of A$13.7 trillion. It notes the significant opportunities offered by the new trade agreements with Canada and Mexico, and the greater market access to Japan, Chile, Singapore, Malaysia, Vietnam and Brunei. It recognises the importance of the agreement for Australia's farmers, manufacturers and exporters, and also, importantly, our service providers, who we're seeing being increasingly competitive overseas.
It was my pleasure to speak in the House last week about the anniversary of the Australia-Japan trade agreement, which was 60 years old last year. It was about the positive impact that these trade agreements have had on the local economy and, in particular, on businesses in my electorate of Forde. I have no doubt that in the near future we'll be sharing a similar story of how this TPP has delivered on its commitment to create significant opportunities for Australian farmers, manufacturers and service industries. The comprehensive and progressive agreement on the Trans-Pacific Partnership Agreement will create significant export opportunities for Australian businesses.
I'd like to commend my colleague, the Minister for Trade, Tourism and Investment, Steven Ciobo, on his tremendous efforts in the negotiations to deliver the TPP. I also note the former assistant trade minister, the member for Hinkler, Keith Pitt, who is here and who, no doubt, had plenty to do with this as well. The existing free trade agreements have already created new jobs and opportunities for businesses in my electorate of Forde, particularly in the areas of manufacturing and export, in particular, for one of the large businesses in my electorate, Teys, and their export of chilled and frozen meat products to Japan. The Trans-Pacific Partnership Agreement, as I noted earlier, will eliminate more than 98 per cent of tariffs.
What we see is that these opportunities are already providing work for people in my electorate of Ford on a daily basis. As I shared last week, Frosty Boy, whose powdered milk products go into frozen ice-creams around the world, employ over 150 people. I was there recently and they were testing new products for new markets. They have a laboratory there that ensures that the products that they bring to market in various places around the world meet the tastes of those particular markets. So, not only is it driving export opportunities and job opportunities, but it's also leading to innovation in the products that are being offered as well.
Now, sadly, when we look at those across the chamber, we see that those across the chamber have no plans to support Australian business. They declared the trade agreement dead and wanted to walk away from the opportunity that would see so many of our farmers and industries flourish. If those opposite got their way, and the Leader of the Opposition was the Prime Minister, they'd see Australia excluded from this historic agreement and deny our farmers, manufacturers and other businesses terrific opportunities. In 2016-17, nearly a quarter of Australia's total exports, worth around $88 billion, went to countries that now are part of the TPP. And now, thanks to the significant increase in market access the TPP provides, Australian exporters and Australian people can expect to see this figure grow significantly. And this is the important bit: it is about creating opportunity for Australian businesses to provide local jobs for Australians that create wealth and opportunity for the current generation and the generations to come. I commend the TPP to the House.
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