25.07.2015 - 06:17 [ Sydney Morning Herald ]

Australia flying blind on free trade agreements, says Productivity Commission

On the eve of negotiations expected to finalise a giant trans-Pacific free trade agreement with 11 of Australia’s neighbours, the Department of Foreign Affairs has revealed that none of Australia’s existing agreements has been subjected to an independent analysis to work out whether the claims made for it have stacked up.

Australia signed its Closer Economic Relations agreement with New Zealand 32 years ago and its free trade agreement with the United States 11 years ago.