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 Cosgrove community banded together on the weekend to help a local family by harvesting a wheat crop.
Mulwala’s own motor racing sensation Steve ‘Harro’ Harrison has won the 2014 Victorian Super Tin Tops Championship.
St Augustines College, Kyabram, has won the inaugural School’s Sustainability Cup for 2014, beating several Melbourne schools.
Families and diehard supporters are behind the AFL’s decision to freeze ticket prices in season 2015.
Four people, including a father and his two children, were fined more than $18,000 for their role in an alcohol-fuelled brawl at a Lockington party earlier this year which ended in a teenager beaten up and forced into a dog cage.
New faces for Girgarre FNC
A time to include late loved ones in the spirit of the season.
Firefighters were able to save a Finley property's buildings after a large stack of hay bales went up in flames on Monday.
Eppalock Primary School has gone global.
Fire brigade celebrates 80th anniversary and three CFA life memberships among other service awards.
Forest tour only way to understand impact.
Fodder depots have been set up in Euroa and Thoona for farmers hit by the recent fires.
The rail tracks are in such disrepear V/Line is having to close the buffet car between Euroa and Seymour due to health and safety concerns to hospitality staff.
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