Further progress a Single Economic Market with Australia. Creating a Single Economic Market will enable businesses, consumers, and investors to operate on both sides of the Tasman in a seamless regulatory environment. Of the work programme we have developed with our Australian counterparts - covering areas like business reporting, intellectual property law and competition policy - we have already completed 14 of the agreed outcomes, and we are on track to deliver another six.
in favour of protectionism, for example tariffs, export subsidies