Question Time AU

Bill Debate · Second Reading

Trade and Investment Agreements (Consultation) Bill 2026; Second Reading

Senate · Wednesday 1 July 2026

Official Hansard for this day (APH) · Read this debate on OpenAustralia

At a glance

The debate concerned the introduction of legislation to establish a legislative framework for negotiating trade and investment agreements. The Minister for Industry and Innovation argued that the bill responds to recommendations from a parliamentary inquiry by creating a Trade Advisory Group to ensure broader stakeholder consultation. The proposal aims to balance transparency with the need to protect sensitive commercial information during negotiations. The second reading was adjourned to a future sitting day.

Outcome

Further consideration of the second reading was adjourned until the first sitting day of the next parliamentary session.

Summary in reported speech - not a transcript. AI-generated, so check the official record before quoting.

How the debate unfolded

Opened the debate

Tim Ayres (NSW) (Australian Labor Party) ALP

Ayres argued that trade supports millions of jobs and contributes significantly to Australia's GDP, enhancing living standards and economic resilience. Ayres stated that the bill responds to recommendations from the Joint Standing Committee on Trade and Investment Growth regarding transparency and stakeholder engagement. Ayres explained that the legislation establishes a Trade Advisory Group comprising representatives from academia, industry, unions, and non-governmental organisations. Ayres noted that the bill introduces requirements for negotiating free trade agreements and bilateral investment treaties, while excluding accessions to existing agreements like the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Ayres emphasised that confidential information protections would apply to advisory group members to safeguard negotiating positions.