Australia signs a free trade deal with Britain.

Discussion in 'Markets & Economies' started by Shaddam IV, Jun 16, 2021.

  1. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    Shaddam IV, Jun 16, 2021
    #1
    jultorsk, mmm....shiney! and GoldenEye like this.
  2. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    I heard that Whiskey is going to be cheaper :D:D:D
     
    spannermonkey, Jun 16, 2021
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  3. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    got more of these chics on our beaches
    [​IMG]
     
    bubblebobble2, Jun 16, 2021
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    neonuke likes this.
  4. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    When the not so Great (anymore) Britain starts buying up all our iron ore and other mining commodities and takes over from China
    as a manufacturer of all our cheap import products then it might matter...... until then it's largely irrelative.
     
    hardyakkagold, Jun 16, 2021
    #4
    66rounds and spannermonkey like this.
  5. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    AU+GB still in honeymoon period.
     
    bubblebobble2, Jun 16, 2021
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  6. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    Interestingly AU will benefit 1.3B from this deal... Currently AU-GB trade is 730M.... Only double!? SCOmo... You're the MAN of this LIFETIME-DEAL!
     
    bubblebobble2, Jun 16, 2021
    #6
  7. precious roar

    precious roar Active Member

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    Will wait on details but I do wonder why Britain has all restrictions removed but Australia will still have some in place.
     
    precious roar, Jun 16, 2021
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  8. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    cause it's THE DEAL OF CENTURY! by ScoMo
     
    bubblebobble2, Jun 16, 2021
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  9. GreatSouthernTime

    GreatSouthernTime Well-Known Member Silver Stacker

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    Damn I hope so. Spend more on whisky than metals. Haha
     
    GreatSouthernTime, Jun 16, 2021
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  10. GreatSouthernTime

    GreatSouthernTime Well-Known Member Silver Stacker

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    GreatSouthernTime, Jun 16, 2021
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  11. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    How many bottles of ' Glenallachie 10 year old " cask strength 2021 Single Malt of the year award .
    Did you buy ? :eek:
     
    spannermonkey, Jun 16, 2021
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    GreatSouthernTime likes this.
  12. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    ….and,

    Little Britain re-runs…. :confused:
     
    bubblebobble2, Jun 16, 2021
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  13. GreatSouthernTime

    GreatSouthernTime Well-Known Member Silver Stacker

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    haha. Had a taste but didn’t get the bottle. Bit heavy on the fruit for me. ;)
     
    GreatSouthernTime, Jun 16, 2021
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  14. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    This is fantastic news. :cool:

    "British-made cars and Scotch whisky will become cheaper and Australian farmers will get more of their products on UK store shelves"

    “The UK will liberalise Australian imports with 99 per cent of Australian goods, including Australian wine and short and medium grain milled rice, entering the UK duty free when the agreement enters into force.”

    But import tariffs on Australian beef and lamb will only be fully phased out over 15 years following the urgings of UK farmers concerned about being crushed by cheaper produce from Australia.

    Johnson said people in the UK could look forward to paying less for “Australian favourites like Jacob’s Creek and Hardys wines, swimwear and confectionery”.

    Australia will remove its tariffs of up to five per cent on cars manufactured in England and Scotch whisky."

    https://inqld.com.au/politics/2021/...well-all-be-driving-jags-and-drinking-scotch/

    In all seriousness though I do believe the real prize will be in the services as noted in the Reuters article:
    "The bigger economic prize could be the precedent the deal sets for freer access in trade that allows Britain's services sector to export financial, legal and other professional services."
     
    jultorsk, Jun 16, 2021
    #14
    GreatSouthernTime, mmm....shiney! and spannermonkey like this.
  15. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Oddjob, Jun 16, 2021
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  16. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    Roswell Crash Survivor, Jun 20, 2021
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