Susan Templeman (Macquarie, Australian Labor Party) Share this | Hansard source

I rise to speak on the Joint Standing Committee on Treaties' report on the TPP. I think it is a pity that the member for Fairfax has probably not checked his facts about it. The increase in GDP that Australia will get from this treaty is 0.7 per cent—let me will repeat that: it is 0.7 per cent—by 2030. In fact, the countries that will benefit from this treaty are those outside Australia—countries like Vietnam and Chile—who will have access to our markets. But the only independent analysis we have comes from the World Bank, and that is one of the issues that I have with this treaty. I must say that, before entering this parliament, I did not know a lot about the TPP. But, having done days and days of hearings into it, and listened to expert evidence, I am more concerned now than I was before about some of the impacts of this so-called free trade agreement. Having said that, there is a view that the whole TPP, to quote one of my colleagues, is 'dead as a dodo'.

Debate interrupted.

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