Beef producers have cautiously welcomed the free trade agreement with Japan while Australia’s largest beef exporter, JBS, says the deal — which cuts the 38.5 per cent tariff on frozen beef to 19.5 per cent and on fresh or chilled beef to 23.5 per cent over 15 years — gives Australia an advantage against the United States.CATHY WALKER April 15, 2014 3:10am
Australian Beef Industry Japan FTA Taskforce chairman Lachie Hart said modelling was suggesting the agreement would benefit Australian cattle producers to the tune of $2.84
‘‘For every $100 worth of Australian beef sold into the market, $38.50 is currently paid to the Japanese Government in tariffs,’’ Mr Hart told Beef Central earlier in the discussion phase. ‘‘That represents an annual tariff impost of around A$590
The new agreement also contains significant review clauses: Should another exporter country get a better deal on beef with Japan under another bilateral agreement, Australia will automatically ‘upgrade’ to that deal.
There are reviews scheduled for five years’ time, to potentially re-negotiate better outcomes under the agreement, should circumstances change.
The safeguard protections designed to protect Japan from one-off large surges in exports are also discretionary, meaning they do not have to be applied if circumstances do not require it.
Goomalibee Angus breeder Murray Chapman said the trade agreement made some progress for Australian farmers, however he said it was not truly free.
‘‘I think it is strange that we have completely removed the tariffs for imported cars, but only reduced them for agricultural commodities including beef,’’ Mr Chapman said.
‘‘It reminds me that there is no such thing as free trade.’’
He said it was important for all Australian farmers to be able to prove what they produced was clean and green, which is what consumers would continue to want into the future.
‘‘The best way to get premium prices is to ensure we’re on top.’’
The Bureau of Meteorology has released a severe weather warning for regions that include Shepparton. It includes damaging winds and the potential for flash flooding.
Pete O’Neill and Abby Hicks are national champions at the completion of the 2015 Australian Barefoot Championships held last week.
GVAC women Rachel Pratt and Jacquie Fitzpatrick showed the men, and the large crowd at Rushworth Speedway on Saturday, March 28, they have what it takes when competing in the men’s classes.
Two international backpackers have taken aim at contractors who hired them to pick fruit in the region without payment.
Rochester boxing coach Chris Trewin and his team of dedicated trainers have been hitting the bag for more than six months and the results are beginning to show.
Local MP calls for community applications
A special event will take place at Pioneer Park on Sunday.
Jerilderie's born and bred Madeleine Harris has been recognised for her banking and finance career
Concerned Costerfield residents had the chance to voice their antimony health concerns last week after an independent facilitator was appointed.
Strathmerton clinched a win in the high-scoring game against Mathoura on the weekend in the PDFL North West competition.
Deniliquin swimming dynamo Stephen Dalzell has finished 13th overall in his preferred event at the Australian Age Championships.
Murray Goulburn Co-operative has set a date for a special meeting to vote on a new capital structure.
Emergency services are on scene of a two-car crash on the Midland Hwy, near Benalla. Two people have died. Traffic is being diverted.
Discover unbelievable local deals from local businesses every week in the Goulburn and Murray Valley area with Leapon.com.au!
Search properties for sale or rent across North Central Victoria and Southern NSW. Visit your local website for local homes....
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.