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Effects of Australia's trade deals need better analysis, government urged as new deals on table

By Daniel Burdon ( November 17, 2022, 04:52 GMT | Insight) -- The Australian government has been urged to establish more rigorous analysis of the actual benefits of free trade agreements for the second time in as many years. The latest call, in a report from lawmakers, comes in the same week as Australia’s prime minister meets global leaders in a bid to secure new deals and reduce the nation’s reliance on China. The report by an Australian parliamentary inquiry into the proposed Australia-United Kingdom Free Trade Agreement has recommended the nation's independent Productivity Commission conduct deeper modelling and analysis of the agreement to improve the assessment of "actual trade outcomes."The Australian government has been urged to establish more rigorous analysis of the actual benefits of free trade agreements for the second time in as many years. The latest call, in a report from lawmakers, comes in the same week as Australia’s prime minister meets global leaders in a bid to secure new deals and reduce the nation’s reliance on China....

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