Australian Manufacturing Workers' Union



Korean Free Trade Deal risks Australian Jobs

Although not passed through the Senate yet, the Korean-Australian Free Trade Agreement, known as KAFTA, is poised to be green lighted and this is real cause for concern for Australian jobs and industry.

AMWU National Secretary Paul Bastian came out swinging at both the Coalition Government and the ALP who have also jumped on board, stating “this is an appalling agreement that strips away local jobs and Australia’s sovereign rights.

Mr Bastain added “we are deeply disturbed that both sides of politics are supporting this dangerous agreement."

It also comes at a time when the country is experiencing jobs stress and a 12 year unemployment high.This agreement will make it easier for companies to bring in workers rather than have to hire local first.  

KAFTA also leaves the door open to imports from parts of North Korea that are not subject to labour standards and which are notorious for forced and prison labour.

Legally speaking it is not only bad for industry and jobs, it also includes an Investor-State Dispute Settlement (ISDS) clause that allows private companies to sue the Government and override Australian laws if a policy decision impacts its business.   

If all of these things upset you, you can do something about it. Visit the AFTINET website and email your Senator and ask them to oppose KAFTA in the Senate: Take Action Here



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