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.’’
Shepparton’s Declo Bisimwa firmly believes education is the key to a better life.
Beautiful weather greeted Tungamah residents for the 18th running of the Tungamah Lions Ten Thousand on Sunday.
When Keith and Marion Grumley and their growing family moved to Tatura on January 18, 1968, little did they know that it would be the start of a long and lasting connection to the town.
Garners Boxing Gym in Echuca is encouraging young people to get active with weekly boxing/cardio classes.
Rochester Rotary Club has celebrated its 50th birthday in style.
Sorting future of Campaspe pools
A theatre production with a difference is coming to Seymour.
Local athletes will go head-to-head with some of the best competitors from around the world in swimming and athletics in December.
District residents and visitors will be able to enjoy some of the region’s most beautiful private gardens on Sunday.
The 116th annual Cobram Show went off with a bang at the weekend, drawing in crowds from far and wide for two days of fun.
Tomorrow is a Total Fire Ban day in Deniliquin, meaning no fires can be lit in the open and all fire permits are suspended.
Fifty new full-time jobs will be created at Tatura with a multimillion-dollar expansion of the abattoirs expected to be announced today.
Remembering Australian political giant Gough Whitlam who once called on Benalla police to stop then Treasurer Frank Crean on his journey up the Hume to phone the PM.
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