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The future of the China-Australia friendship shines bright today with news that our two major Aussie political parties are now ready to pass the important China-Australia Free Trade Agreement.
The FTA was signed back in June this year but the deal needed the support of the opposition Labor party to pass parliament. China is Australia's largest trading partner and all Australians understand how important this great deal will be to the future of Australia and to our friendship with China but there have been some concerns with the agreement over guest workers and Australian job protection.
Due to these concerns over Australian job protection there was a small risk that the Labor Party would not agree to pass the FTA in parliament but both parties have come out today saying that they have guest worker regulations to better safeguard Aussie jobs and this means that the deal that Australia and China shook on can pass parliament unchanged.
It is great that our two major parties Labor and Liberal have managed to cooperate to make sure this FTA is passed because this is such a great deal for Australia that gives our business great access to the massive and growing Chinese markets. The deal is great for Aussie farmers and even though there have been concerns over guest workers and Aussie job protection - this deal will be great for Aussie workers with the coming Chinese investment sure to create job directly but also through the multiplier effect that the increased production and development will generate. The Australian economy has always relied on capital inflows and the Chinese investment that ChAFTA will bring is vital to Australian prosperity into the future.
To an outsider it may have seemed as though our unions campaign against the ChAFTA was racist and ant-China and in some ways it ways but the fact is that the concerns that Aussies have over the use of guest workers in our nation is not at all specific to China and anxiety over the issue of guest workers has been growing within the Aussie public for a number of years. It was a shame that this guest worker anxiety has come to a head with the ChAFTA deal because the 457 visa guest worker debate that we have been having in Australia over the last few years is in no way specific to the China-Australia FTA and that is why new regulations have been able to be agreed on that allows for the deal that China and Australia shook on to be passed unchanged. These complimentary guest worker regulations do not just apply to guest workers from China but to all of the many guest workers from around the world that work in Australia on a 457 visa.
Australia has a small population and we often have labor and skill shortages and because of this we do need to use guest workers. So of course ChATFA allows for the use of guest workers when needed and nobody should have been surprised by that. The last thing Australia wants is to miss out on Chinese investment due to labor or skill shortages. The main concerns that Aussies have about 457 visas is that labor market testing is done before guest workers are brought in and that when guest workers do need to be brought in that they are not exploited while they are working here. The new regulations that Labor and Liberal have just agreed to address these concerns well and will be welcomed by the Australian public. Its great to see both parties cooperating and working together and its great that now we can get on with greater cooperation and win-win trade with our friend China.
-Aussie Minister for Trade Andrew Robb
The FTA was signed back in June this year but the deal needed the support of the opposition Labor party to pass parliament. China is Australia's largest trading partner and all Australians understand how important this great deal will be to the future of Australia and to our friendship with China but there have been some concerns with the agreement over guest workers and Australian job protection.
Due to these concerns over Australian job protection there was a small risk that the Labor Party would not agree to pass the FTA in parliament but both parties have come out today saying that they have guest worker regulations to better safeguard Aussie jobs and this means that the deal that Australia and China shook on can pass parliament unchanged.
It is great that our two major parties Labor and Liberal have managed to cooperate to make sure this FTA is passed because this is such a great deal for Australia that gives our business great access to the massive and growing Chinese markets. The deal is great for Aussie farmers and even though there have been concerns over guest workers and Aussie job protection - this deal will be great for Aussie workers with the coming Chinese investment sure to create job directly but also through the multiplier effect that the increased production and development will generate. The Australian economy has always relied on capital inflows and the Chinese investment that ChAFTA will bring is vital to Australian prosperity into the future.
To an outsider it may have seemed as though our unions campaign against the ChAFTA was racist and ant-China and in some ways it ways but the fact is that the concerns that Aussies have over the use of guest workers in our nation is not at all specific to China and anxiety over the issue of guest workers has been growing within the Aussie public for a number of years. It was a shame that this guest worker anxiety has come to a head with the ChAFTA deal because the 457 visa guest worker debate that we have been having in Australia over the last few years is in no way specific to the China-Australia FTA and that is why new regulations have been able to be agreed on that allows for the deal that China and Australia shook on to be passed unchanged. These complimentary guest worker regulations do not just apply to guest workers from China but to all of the many guest workers from around the world that work in Australia on a 457 visa.
Australia has a small population and we often have labor and skill shortages and because of this we do need to use guest workers. So of course ChATFA allows for the use of guest workers when needed and nobody should have been surprised by that. The last thing Australia wants is to miss out on Chinese investment due to labor or skill shortages. The main concerns that Aussies have about 457 visas is that labor market testing is done before guest workers are brought in and that when guest workers do need to be brought in that they are not exploited while they are working here. The new regulations that Labor and Liberal have just agreed to address these concerns well and will be welcomed by the Australian public. Its great to see both parties cooperating and working together and its great that now we can get on with greater cooperation and win-win trade with our friend China.
-Aussie Minister for Trade Andrew Robb