Back to All News

Australian Senate calls for a cost-benefit inquiry into the impact of the TPP

Last week the Australian Senate called on the Australian Government to request that the Productivity Commission undertake a comprehensive socio-economic cost-benefit inquiry into the impact of the Trans-Pacific Partnership Agreement on Australia.  See Senator Whish-Wilson's motion below which was passed by the Senate.

Senator Whish-Wilson amended general business notice of motion no. 695 by leave and, pursuant to notice of motion not objected to as a formal motion, moved - That the Senate-

    (a)   notes that the Malaysian Government:

                  (i)   is undertaking a cost-benefit analysis of the impact of the Trans-Pacific Partnership Agreement (the Agreement) to inform its cabinet and parliamentary decision making processes prior to signing any deal, and

                 (ii)   is stating that it will not sign the Agreement unless it proves to be in Malaysia's interest to do so; and

    (b)   calls on the Australian Government to request that the Productivity Commission undertake a comprehensive socio-economic cost-benefit inquiry into the impact of the Agreement on Australia, and

     (c)   reiterates the order of the Senate of 11 December 2013 requiring the Minister representing the Minister for Trade to table the full text of the Agreement at least 14 days before signing.

Question put.

Statement by leave : Senator Whish-Wilson, by leave, made a statement relating to the motion.

Question put.

The Senate divided-

AYES, 33

NOES, 27

Senators-

Question agreed to.

Back to All News