Senate debates

Tuesday, 10 November 2015

Questions without Notice

Trade with China

2:09 pm

Photo of Arthur SinodinosArthur Sinodinos (NSW, Liberal Party, Cabinet Secretary) Share this | Hansard source

'Show us your modelling'—you don't want to see my modelling! As mentioned, Australian exporters will benefit from two tariff cuts within the next eight weeks, eliminating tariffs on beef within nine years, dairy within 11 years, sheepmeat and goat meat within eight years and pork within four years. Fruit and vegetables, wine, cereals, seafood, a host of processed foods and even hides will all have tariffs eliminated within seven years. But the benefits do not flow just to goods exports. Australian services, the major component of our economy, are set to gain. Education providers, financial services, tourism operators, and health and aged-care services, amongst others, are all set to have red tape slashed and greater access into Chinese markets.

I also take the opportunity to thank the opposition for their support of ChAFTA. This continues a longstanding tradition of bipartisanship when it comes to free trade.

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