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

On current numbers, 85 per cent of Australian goods exports to China will be tariff-free but, at the time of full implementation of ChAFTA, that will rise to 95 per cent of Australian goods exports to China being tariff-free. Significantly, and I think Senator Scullion mentioned this as well, tariffs will be abolished for Australia's $13 billion dairy industry. I know how welcome that will be—particularly on the south coast of New South Wales, for example. Tariffs of up to 25 per cent will be removed for Australia's beef and sheep farmers. Tariffs of 14 to 30 per cent on Australian wine—and I referred to the Winemakers' Federation views earlier—will go within four years. Tariffs also will be eliminated on a wide range of Australian manufactured goods, particularly pharmaceutical products, which will be a great benefit to that industry in Australia. (Time expired)