Labor launches TPP smokescreen

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By Leith van Onselen

In the wake of the union movement threatening to pull support from Labor at the next election after it agreed to support legislation to ratify the Trans-Pacific Partnership (TPP), as well as growing opposition within its own ranks, Labor’s Jason Clare introduced a private member’s bill aimed at placating their concerns. From The Australian:

Labor trade spokesman Jason Clare yesterday introduced a private member’s bill into parliament that would introduce “market-testing” of the local workforce available for jobs before they could be offered to imported foreign ­labour under TPP provisions.

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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.