House debates

Thursday, 5 March 2020

Distinguished Visitors

Trade

2:56 pm

Photo of Andrew GeeAndrew Gee (Calare, National Party, Minister for Decentralisation and Regional Education) Share this | Hansard source

Our ambitious trade agenda has resulted in resilience for the trade sector and for country Australia. We've got more Australian businesses exporting goods. We've had more than 53,000, including 46,000 small to medium-size enterprises exporting goods in 2017-18. We've got more jobs, Member for Nicholls. With one in five Australians employed in trade-related employment, it's estimated that more than 240,000 trade-related jobs have been created in the last five years.

Member for Nicholls, in terms of Victoria, you might be interested to know that today the ABS announced that we posted a trade surplus of $5.21 billion in the month of January in seasonally adjusted terms, with good exports in Victoria, having grown to just over $2 billion. This is on top of our largest ever calendar year trade surplus of $67.6 billion in 2019. This is now a record 25 consecutive monthly trade surpluses. Our ABS data also showed that in 2019 Australia exported approximately $47.9 billion worth of rural goods, which is an increase of $225 million on 2018. I note that in January rural exports rose 5.7 per cent—a very encouraging result.

We on this side of the House know that the export strength of Australia is built on country Australia and country communities, and the Deputy Prime Minister and the Minister for Agriculture agree. We know that one of the things that's really helped our country communities and our farmers through this most recent drought is that stock prices have held up, so when producers have had to sell they haven't had to sell their stock for a pittance they can get a decent return. Our free trade agreements have played an important role in supporting those stock prices and building resilience in the trade sector but also building resilience in our country communities.

On this side of the House we're going to support agriculture and we're going to support agricultural resilience. On that side of the aisle, we know what's in store for agriculture with their policies. It's cattle culling with their crazy, reckless emissions reduction policies—

Comments

No comments