Viewing articles in Portfolio:

Finance and Trade

Filter Articles

No better time than now for Robb to walk away from secret TPP deal

The Greens spokesperson for Trade, Senator Peter Whish-Wilson provides the following comments on the failure of Trade Minister Andrew Robb to reach an agreement on the Trans Pacific Partnership (TPP).

Senator Whish-Wilson said, "After 5 years of secret negotiations, today's failure by Andrew Robb to secure a final agreement on the TPP should be a clear signal that the deal is not in our national interest and Australia should walk away immediately.

Read more

NZ Prime Minister says TPP will cost governments more in medicine price rises

The New Zealand Prime Minister has admitted that the Trans-Pacific Partnership (TPP) will result in longer patent lengths meaning that medicines will be more expensive for longer, meanwhile the Australian government continues to deny that this is the case.

Greens spokesperson for Trade, Senator Peter Whish-Wilson, is calling on the Australian Government to be up front with the public and be honest about the fact that the TPP is going to increase the cost of medicines to the Australian tax-payer.

Read more

Labor’s trade stance is appeasement, not opposition to the TPP and ChAFTA

The Greens spokesperson for Trade, Senator Peter Whish-Wilson provides the following comments on Labor’s recent statements on Australia’s trade agreements.

Senator Whish-Wilson said “Labor’s statement today that they would try and unwind Investor-State Dispute Settlement (ISDS) provisions from existing trade agreements is an abrogation of responsibility that it was Labor’s votes in the Senate that passed these agreements into law.

Read more

Senate Inquiry finds that Trade Agreement negotiation process is broken

The Greens spokesperson for Trade, Senator Peter Whish-Wilson, says the Senate report into the Commonwealth’s treaty-making process vindicates the stance the Greens have taken on these agreements over previous years.

Senator Whish-Wilson said, “These ‘trade deals’ aren’t what they used to be. It’s no longer simply about tariffs and quotas, or trading commodity exports for manufacturing imports. These modern agreements now cover every aspect of public policy.

Read more

Greens motion for Royal Commission into misconduct in the financial services sector rejected by Senate

Today the Senate voted against the motion lodged by Greens Finance spokesperson, Senator Peter Whish-Wilson, calling on the government to establish a Royal Commission into misconduct within the financial services sector.

Senator Whish-Wilson said, “It has taken one Senate Inquiry into ASIC, many brave whistle-blowers and some dogged investigative reporting by Fairfax newspapers to reveal systemic abuses and misconduct within the financial services sector.

Read more

TPP is coming to Australia. Will the Labor leadership help stop this dud deal?

The Greens spokesperson for Trade, Senator Peter Whish-Wilson, says that now the major hurdles in the US Congress have been cleared the trans-national negotiations will quickly come to their final conclusion. With Bill Shorten yesterday telling Labor caucus that he wouldn’t block the anti-worker China FTA, the question remains will the Labor leadership help block the anti-democratic Trans-Pacific Partnership?

Senator Whish-Wilson said, “There is no longer any doubt that the TPP juggernaut is coming to Australia.

Read more

Greens' statement on the China Australia Free Trade Agreement

Greens spokesperson for Trade, Senator Peter Whish-Wilson, provides the following comments on the newly signed China-Australia Free Trade Agreement (ChAFTA)

Senator Whish-Wilson said, “Regardless of the supposed marginal economic benefits, the Greens will never support an agreement that makes future governments liable to be sued by foreign corporations simply for making laws that protect the public interest.

Read more

Australian Parliament should learn from the Congress on Transpacific Partnership Agreement

Greens spokesperson for Trade, Senator Peter Whish-Wilson welcomes today’s failure of President Obama’s Fast-Track legislative package through Congress today and highlights the fierce debate that is occurring right now in the United States over the worth of the Trans Pacific Partnership Agreement.

Senator Whish Wilson said, “If President Obama can’t get the Leader of his own party in the Congress, Nancy Pelosi, nor a majority of Democrats to support him on the TPP it really must be a terrible trade deal.

Read more

Australia must not trade away our health: Greens

Australian Greens Senator for Tasmania and spokesperson on trade, Peter Whish-Wilson, said today that leaked draft text indicated that the Trans-Pacific Partnership Agreement (TPP) poses a threat to the health of Australians and our sovereignty.

“The Abbott Government must not hand over control of Australia’s health system to multinational corporations,” said Senator Whish-Wilson.

Read more