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

This is unalloyed good news for our exporters, particularly in agriculture, because competing export nations will now be forced to remove more than $15 billion of market-distorting export subsidies from their agricultural producers. When we started cutting tariffs, that was important to take cost imposts off our agricultural sector. Our manufacturing sector was protected by tariffs. This is also freeing up our agricultural sector by taking away unfair competition in overseas markets. It is very important for us to understand that Australia's unwavering support for free trade is now paying dividends as our agricultural sector becomes relatively much more competitive on the world stage. This is a great result for Australian farmers and for regional Australia.