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From The Australian today comes the shock horror admission that the China-Australia Free Trade Agreement (ChAFTA) is failing to deliver benefits as promised by the Department of Foreign Affairs and Trade (DFAT) and the Coalition Government:
Australian farmers and food processors lined up to support the China-Australia free trade agreement in recognition of its perceived benefits. For farmers, these were higher farm gate returns; manufacturers saw the potential of growth for value-added food…
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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.