Memo to business: FTAs are not free trade

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ScreenHunter_14 Oct. 09 09.37

By Leith van Onselen

The heads of Australia’s two biggest miners – Rio Tinto’s Sam Walsh and BHP’s Andrew Mackenzie – have urged business leaders at the B20 forum to push for a new round of free trade deals in order to turbo-charge growth and reduce unemployment. From The Australian:

Mr Walsh called on the Group of 20 leaders to move on trade and infrastructure.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.