From The Australian there’s no denial here:
The Abbott government is taking “preventative action” in anticipation of a “downturn” across vulnerable sectors of the economy caused by tumbling Chinese stocks and plummeting iron ore prices, Julie Bishop says.
…“My colleague Andrew Robb is pursuing free trade agreements — not just with China and Japan and South Korea but also with India. We are also negotiating what’s called the Trans Pacific Partnership, 12 countries, so that we can diversify our global trade.
“That kind of preventative action I think will stand us in good stead should there be a downturn in particular sectors of our economy, other aspects of our economy can rally.
Julie, you forgot to mention the new grocery code of conduct!
