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.’’
Children enjoy sixth Shepparton Community Reading Day at various locations in central business district.
Living with a disability will be in the spotlight on Wednesday, December 3 when community organisations compete in an ‘all abilities’ challenge through the streets of Yarrawonga.
Last week Victorian Collections passed a major milestone, with the 50000th historical object record from the state’s heritage collections uploaded to the site.
Hundreds flocked to Gunbower on Sunday to watch the Gunbower Pacing Cup.
The Christmas decorations exhibition at the Rochester Shire Hall was a hit with many visitors.
Local recovering after workplace injury
Simone Robson and her young daughter shouldn't even be alive - but she has found a remarkable form of rehabilitation that could lead on to something much bigger.
No luck for Finley in Murray Valley cricket.
Tayla Edsall has donated her long locks to the Cut for Cancer program, which makes wigs for cancer patients.
Cobram entrant joins hundreds starting the Massive Murray Paddle.
Deniliquin business Charlie Carp attracts international interest.
A spring Future Orchards walks will be held at Coomboona on Friday November 28 from 9.30am.
Top price was a pen of first-cross border leicester/merino ewes offered by Tony and Anne Mort of ‘Mardie’, Winton and purchased by Heath Cowell of ‘Mundara’, Tallarook for $208.
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