House debates

Wednesday, 14 October 2015

Questions without Notice

Trans-Pacific Partnership Agreement

2:45 pm

Photo of Peter DuttonPeter Dutton (Dickson, Liberal Party, Minister for Immigration and Border Protection) Share this | Hansard source

Thank you very much Member for Mackellar for your question. You are the member for a great electorate. There is a company in the member's electorate I want to talk about in just a second. In relation to the Trans-Pacific Partnership Agreement I want all Australians, particularly those working in small business, to know that this is a great opportunity for you and it is a great opportunity for your children and grandchildren.

It is important to understand that the TPP comprises almost 40 per cent of the world's GDP. The 12 countries that negotiated the TPP process and outcome, including Australia—and I congratulate the Minister for Trade and Investment—really have created a great opportunity into the future for their respective countries. There will be an opportunity for Australians here to travel overseas. The young Australians graduating from universities or from the trades will be able to work in countries in a way that they have not been able to in the past. That is going to be a significant win for this economy and it is going to be great for Australian families.

I want to concentrate on a company that started as a small business, Blackmores, which is in the electorate of the member for Mackellar. The CEO of Blackmores, Christine Holgate, a dynamic person and a good friend to many people in this place, spoke about the benefits of the China-Australia Free Trade Agreement. She spoke about its benefits to the company and about being able to increase the number of staff here in Australia by 100. Another 100 people will be employed just because of that one free trade agreement, which would increase the number of staff in the business to just under 1,000.

The experience with the TPP will mean that companies like Blackmores can employ more Australians and many of those Australians will find work not just here but by being able to travel overseas, on visas, to countries including Canada and elsewhere, to make sure that they can gain the experience there or be involved in those businesses that have now been able to expand into other countries. That is a great outcome for our economy.

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