Simon Birmingham (SA, Liberal Party, Minister for Trade) Share this | Hansard source

The growth and success we have seen is partly because of the network of trade agreements, but this government is not resting on its laurels; it's looking to expand that network. Critically, before the parliamentary Joint Standing Committee on Treaties at present are our proposed agreements with Indonesia and with Hong Kong. Under our proposed Indonesian agreement, over 99 per cent of Australia's goods exports will enter Indonesia duty free or under preferential arrangements, and the evidence to JSCOT has widely welcomed that. The National Farmers Federation described it as providing greater certainty for agricultural exporters. The dairy industry said that the Indonesia agreement is worth about $6½ million per annum just on existing exports. That's before they seek to grow the market. The grains industry said it was equivalent to more than 12,000 individual truckloads of Australian grain, which in dollar terms is a new grain feed quota worth over $125 million to Australian farmers. These are real, tangible benefits to our farmers and businesses, and our government is determined to keep opening and creating those opportunities for them.