Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Minister Welcomes Select Committee Report

The foreign affairs, defence, and trade select committee's report on the relationship with Australia was an informed contribution to discussions on where we take the economic relationship with Australia, Trade Negotiations Minister Jim Sutton said today.

The select committee's report was tabled in Parliament this afternoon.

Mr Sutton said the report was quite clear that the Closer Economic Relations trade agreement between Australia and New Zealand had been a success story for New Zealand.

"Australia is our most important economic partner. It is the destination for a fifth of our exports and the source of about a fifth of our imports.

"The trade balance was heavily in Australia's favour when CER was signed, but is now almost one for one.

"Beyond trade, in terms of investment and in terms of our common economic interests around the world, for both industry and government, this is our most important economic relationship."

Mr Sutton said the report also made clear that CER had been a success story for Australia.

"By and large, the committee received strong positive comments about CER from those it talked to in Australia.

'The report emphasises that there is still much that can be done to progress CER. The Government has a very active work programme working with Australia on progressing CER on a number of fronts. These include tax issues, business law coordination, harmonising regulations, science and innovation cooperation and many other issues. We are in active discussion with the business community about what issues we should be giving priority to. "

Mr Sutton said the committee had suggested ideas for extending CER. These would be considered carefully and responded to within the next three months.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>


Corrections Corrected: Supreme Court Rules On Release Dates

Corrections has always followed the lawful rulings of the Court in its calculation of sentence release dates. On four previous occasions, the Court of Appeal had upheld Corrections’ practices in calculating pre-sentence detention. More>>


Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>


General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>


Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>


Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news