Peter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

Mr President, I ask a supplementary question. Last week in estimates, Treasury said they did not model the impact of your government's trade deals on GDP. When I asked DFAT about this, also at estimates, they said: 'From an economy-wide GDP modelling perspective, the parameters would not be significant enough to alter Treasury forecasting.' Last year the US department of agriculture released a study of the TPP and said that the total benefit to Australian GDP from the TPP is zero. Why are we pursuing these trade deals if the overall economic benefit is zero, zilch, none? (Time expired)