Like what you've read?

On Line Opinion is the only Australian site where you get all sides of the story. We don't
charge, but we need your support. Here’s how you can help.

  • Advertise

    We have a monthly audience of 70,000 and advertising packages from $200 a month.

  • Volunteer

    We always need commissioning editors and sub-editors.

  • Contribute

    Got something to say? Submit an essay.


 The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
On Line Opinion logo ON LINE OPINION - Australia's e-journal of social and political debate

Subscribe!
Subscribe





On Line Opinion is a not-for-profit publication and relies on the generosity of its sponsors, editors and contributors. If you would like to help, contact us.
___________

Syndicate
RSS/XML


RSS 2.0

Free trade focus

By Julie Bishop - posted Thursday, 28 March 2013


Australia's prosperity has been built on our open, export oriented economic model, heavily reliant upon our ability to trade with the rest of the world.

With a relatively small population on a large resource-rich continent, we are dependent on overseas demand for our exports to maintain our high standard of living.

Over the decades, Australia has exported huge amounts of commodities including wheat, wool, gold, iron ore, coal, nickel and gas, amongst many other products.

Advertisement

In recent years there has been a growing emphasis on the export of services, including educational, legal, accounting and other professional services.

Australia also has a vibrant and innovative manufacturing sector that seeks out niche markets around the world.

Exporters in Australia have been struggling to maintain competitiveness in recent times due to the high cost of doing business here, exacerbated by an economy-wide carbon tax that none of our overseas competitors pay, and by the high Australian dollar.

It is hard to imagine any scenario where a future Australian government would reverse the decision to float the Australian dollar and so its value is largely beyond the influence of government.

However, there are other things that government can do to support exporters and in turn generate and increase economic security.

The Coalition has pledged to repeal the carbon tax and to actively pursue preferential trade agreements to remove or reduce barriers to other markets for our exporters.

Advertisement

This will be a continuation of the trade policies pursued by the Howard government which sought out opportunities for regional and bilateral Free Trade Agreements (FTAs) to open new markets and enhance established markets.

The record of trade negotiations under Labor since 2007 has been disappointing, particularly since 2010.

Simon Crean was appointed by Kevin Rudd as Trade Minister in December 2007 and immediately signaled his intention to focus on the big multilateral trade negotiations known as the Doha Round.

  1. Pages:
  2. Page 1
  3. 2
  4. 3
  5. All


Discuss in our Forums

See what other readers are saying about this article!

Click here to read & post comments.

22 posts so far.

Share this:
reddit this reddit thisbookmark with del.icio.us Del.icio.usdigg thisseed newsvineSeed NewsvineStumbleUpon StumbleUponsubmit to propellerkwoff it

About the Author

Julie Bishop is the Federal Member for Curtin, Deputy Leader of the Opposition and Shadow Minister for Foreign Affairs.

Other articles by this Author

All articles by Julie Bishop

Creative Commons LicenseThis work is licensed under a Creative Commons License.

Photo of Julie Bishop
Article Tools
Comment 22 comments
Print Printable version
Subscribe Subscribe
Email Email a friend
Deals from Sponsor
Flipit.com Australia
15% off with this coupon code on HP Notebooks and PCs $2000 and above
Sign up now and use this promo code to receive your second year free at Smile.com.au
Woolworths coupon code: Get $10 off when you spend $100 or more
Travel Factory promo code: Get 10% off storewide
ValueBasket discount code: Get $8 off any order of $330 or more
Advertisement

About Us Search Discuss Feedback Legals Privacy