Tuesday, 25 November 2014 00:00

Editorial - Good to see neighbour succeed

Written by 
Kimberly Crewther Kimberly Crewther

IT IS great to see Trade Minister Tim Groser and DCANZ executive director Kimberly Crewther taking a positive stance on the news that Australia and China have signed a free trade agreement.

 It would have been tempting to cry foul and to take on the Australians, some of whom are openly gloating – or are they merely happy – about what they see as a good deal. Let’s be frank, New Zealand would probably have put the same spin on such news.

Groser and Crewther are experienced in the global minefield of trade negotiations and have an excellent handle on what this latest FTA will achieve. 

As Crewther points out, a key message is that China is continuing down the road of trade liberalisation and that is good news. China and Australia should be congratulated, not castigated, for what they are doing.  This FTA will hopefully give greater world-wide impetus to trade liberalisation which will benefit us as a major agricultural exporter. 

Even if Australia has made some short term gain by this deal, it should not be seen as problem, rather an anomaly which gives Groser the perfect excuse for quietly persuading the Chinese to give a little more to New Zealand by way of tariff reductions.

Groser points out that a strong Australian economy works in New Zealand’s favour; after all they are a major trading partner and the last thing we need is a flat Australian economy. 

This FTA will put spring into the step of the Australian economy, especially its ailing dairy industry. As the old saying goes, a rising tide lifts all boats. With our mates across the water, we simply need to keep rowing.

More like this

Oz farmers' election wishlist

Australian farmers advocate NFF says this year’s Federal Election will be a defining moment for Australian agriculture.

Featured

Horticulture exports hit $8.4B, surge toward $10B by 2029

A brilliant result and great news for growers and regional economies. That's how horticulture sector leaders are describing the news that sector exports for the year ended June 30 will reach $8.4 billion - an increase of 19% on last year and is forecast to hit close to $10 billion in 2029.

National

Machinery & Products

Farming smarter with technology

The National Fieldays is an annual fixture in the farming calendar: it draws in thousands of farmers, contractors, and industry…

» Latest Print Issues Online

Milking It

110,000 visitors!

OPINION: It's official, Fieldays 2025 clocked 110,000 visitors over the four days.

Sticky situation

OPINION: The Federated Farmers rural advocacy hub at Fieldays has been touted as a great success.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter