Don Farrell (SA, Australian Labor Party, Minister for Trade and Tourism) Share this | Hansard source

We only do deals when they are in our national interest—outcomes that deliver for all Australians. This is a once-in-a-generation trade agreement with the world's largest economy. It opens access to a market of 27 countries and 450 million consumers, which is a huge opportunity for our world-class producers, farmers, winemakers, businesses and exporters. Lower tariffs on imports from the EU, including what's on the shelf at supermarkets, will create more choices at lower prices and provide some further, welcome relief to those Aussies who are doing it tough right now.

This deal also shows the Albanese government's commitment to a rules based system at a time of global uncertainty. A trade agreement with the EU means that our network of free trade agreements covers almost 90 per cent of the globe. Australia is a trading nation, and we've always been a trading nation. One in four Australian jobs relates to trade. Labor is always delivering for Australian workers, and this historic deal is yet another example of the Albanese government's commitment to growing the Australian economy and ensuring everyone— (Time expired)