Senate debates

Wednesday, 21 March 2018

Questions without Notice

Trade

2:11 pm

Photo of Marise PayneMarise Payne (NSW, Liberal Party, Minister for Defence) Share this | Hansard source

The coalition recognises and understands the importance of trade and investment in creating job opportunities for Australians and in securing our economic prosperity into the future. One in five Australians has a job that relies on trade, and exports accounted for more than 21 per cent of our GDP growth last year. This growth was driven by our breakthrough agreements with China, Japan and Korea, which are actually delivering local jobs and creating new growth opportunities for Australian businesses. The signing of the TPP-11 is a major win for exporters and it sends a message to the world that prosperity is achieved through breaking down trade barriers and not through building them.

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