Senate debates

Wednesday, 4 May 2016

Questions without Notice

Trade

2:59 pm

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

I thank Senator Lindgren for her question. She is a great representative of Queensland who I am looking forward to seeing come back to this parliament to give the sort of representation that Queensland needs to get through the adjustment from the mining boom with the help of the Turnbull government.

Last night, the Treasurer announced a six-point plan for the country. The only parties in this parliament with a plan are the coalition—a six-point plan. The No. 3 point: export trade deals to generate new business opportunities. That is what it is about. Australia's free trade agreements are laying the basis for a strong new economy. Australia's free trade agreement with South Korea entered into force in late 2014. Our agreement with Japan entered into force a month later. And our free trade agreement with China came into effect late last year. This is a trifecta that will pay out more than any other. These FTAs, as well as the Trans-Pacific Partnership, will generate billions of dollars in economic activity in Australia.

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