Marise Payne (NSW, Liberal Party, Minister for Human Services) Share this | Hansard source

Due to this trade trifecta, Australian exports of goods to Korea, Japan and China will be 11 per cent, or nearly $17 billion, greater in 2035 compared to what they would have been without these agreements. Our services exports will be 13 per cent, or around $2.2 billion, greater in 2035 than without these agreements. Our domestic consumption will be $46 billion higher over this period, which equates to almost $4,500 per household. But, most importantly, Mr President and Senator McGrath, modelling shows that between 2016 and 2035 there will be 178,000 additional jobs as a result of the FTAs, which is almost, on average, 9,000 extra jobs per year. I thought those opposite might be interested in jobs, but I am continuously disappointed by their attitude and today is no different. Our FTA will create new jobs and higher living standards for Australians. (Time expired)