•   
  •   

Australia Trade deals expected to pass parliament

05:41  25 november  2019
05:41  25 november  2019 Source:   msn.com

K2Fly shares jump after another marquee signup, CEO expects more deals to come

  K2Fly shares jump after another marquee signup, CEO expects more deals to come Mining software company K2Fly (ASX:K2F) has scored another big-name client, this time inking a deal with mining giant Rio Tinto Read More The post K2Fly shares jump after another marquee signup, CEO expects more deals to come appeared first on Stockhead.

Why did Parliament reject Theresa May's Brexit deal ? The main sticking point for many If it had been needed, the backstop would have kept the UK in a close trading relationship with the EU and While the Brexit legislation has passed the first hurdle in Parliament , the government has currently paused

As Greek MPs debate the economic reform measures in the bailout agreement on Wednesday, support appears to be firming up for a 'yes' vote. Passage of these

Australian Trade Minister Simon Birmingham© AAP Image/Lukas Coch Australian Trade Minister Simon Birmingham Australian farmers and small businesses could be reaping the benefits from new free trade deals as early as next year.

Legislation enacting trade deals with Indonesia, Hong Kong and Peru is expected to pass parliament late on Monday.

Trade Minister Simon Birmingham says the deals will lead to better access to those growing markets for Australian farmers and steelmakers, and in the exchange of services and businesses.

"This is a huge opportunity for Australian farmers and businesses to be able to benefit," he told reporters in Canberra.

20 Islands That Will Disappear in Your Lifetime

  20 Islands That Will Disappear in Your Lifetime Island vacations are the stuff of dreams for tourists of all kinds, from adventurous backpackers to families to retirees.

China’s trade dominance dealt a blow after US gains. But Mr Corbyn is struggling to secure sufficient support in parliament , and MPs opposed to a no- deal Brexit are expected to focus first on whether they can pass legislation that would require the prime minister to ask the EU for a Brexit delay.

Parliament has passed the master project support agreement for a 2 billion dollar facility for the construction of priority projects by Chinese firm SynoHydro Corporation. The said facility would be in exchange for alumina processed from Bauxite deposits in the country as announced by Finance

He anticipates the deals coming into force in the first half of next year.

Labor backs the agreements despite opposition from unions concerned about the ability for companies to bring in cheap labour.

The opposition's Senate leader Penny Wong said trade deals ultimately helped workers through boosting economic growth, improving productivity and creating better jobs.

"There are some in our movement who believe that trade protectionism, such as tariffs on imports, supports local jobs," she told parliament.

But tariffs led to higher prices and uncompetitive industries, she said.

"Australia cannot afford to mimic the America-first approach which paradoxically risks America's leadership in the world.

"I support trade not despite being a progressive but because I am progressive."

Cory Bernardi to retire this year: report

  Cory Bernardi to retire this year: report Cory Bernardi, the former Australian Conservatives leader and ex-Liberal, will leave federal parliament on the final sitting day of the year, reports say.The Adelaide Advertiser said Senator Bernardi had told family, friends and colleagues of his decision, which will see him exit on the final day of federal parliament for the year.

A massive Pacific trade deal involving 11 countries looks set to pass parliament after Labor MPs agreed to back it despite some reservations. The Trans-Pacific Partnership is now expected to pass the Senate with bipartisan support, after the government could not secure crossbench votes.

Wallonia parliament passes resolution against CETA, which requires unanimous agreement of all 28 EU member states.

Senator Birmingham said unions and other critics should look at the lived experience of deals struck in recent years.

"Australian exports are at record levels, those exports are fuelling jobs in Australia and the reality is that those exports have grown particularly fast in markets like Korea, Japan, China, member of the Trans-Pacific Partnership, because of the trade agreements we've struck," he said.

One Nation leader Pauline Hanson is angry about what she sees as the rubber-stamping of the trade agreements.

"So we're bringing in workers from overseas and you think I'm going to rubber-stamp that? I'm not," she told reporters.

The Electrical Trades Union has decided to pull its funding from Labor over its support for the trade deals.

ACTU president Michele O'Neil said she could understand the ETU's anger and unions were democratic bodies that followed the will of their members.

Euthanasia debate breakthrough, with WA likely to pass voluntary assisted dying laws within days .
The West Australian Parliament looks set to legalise voluntary euthanasia within days after a late-night parliamentary sitting brought the process to the verge of a conclusion.The development came after a late-night parliamentary sitting brought the process to the verge of a conclusion, after weeks of prolonged debate — particularly in the Upper House.

—   Share news in the SOC. Networks

Topical videos:

usr: 3
This is interesting!