Key Points:

  • We will revisit all free trade agreements every ten years to ensure they are aligned with our national interest.
  • We will initiate a reciprocal requirement in respect to foreign ownership of land and infrastructure.
  • We will review all existing treaties including those with the United Nations and withdraw from agreements deemed no longer in the national interest.
  • We uphold that free markets will generally deliver the best prices, range and quality for our consumers and the greatest access to new markets for our exporters.
  • We will substantially reduce the level of foreign aid we give and improve its delivery method and effectiveness.
A:

Further information:

Free trade agreements

Australian Conservatives believe in freer markets and trade driven by healthy competition, innovation and entrepreneurship. The liberalisation of markets and trade benefits our export industries, consumers, business and productivity.

We will periodically review all trade agreements to ensure they are still operating in the national interest and delivering the benefits promised.

Foreign ownership of Australian assets

Australian Conservatives understand that we need foreign capital to help develop our vast natural resources and grow our economy.

We welcome commercial investment into Australia - however, strategic, non-commercial investments by foreign state-controlled entities or their associates are unlikely to be in our long-term interest, particularly where significant or strategic Australian assets are targeted.

We must not compromise the national interest or our long-term economic well-being for the foreign capital we need – there is always a balance to be struck between the economic benefits of foreign investment and our national interest.

We support the ‘ethic of reciprocity’ in our foreign investment and free trade agreements – where foreign investors are granted similar rights to what Australians are granted in their countries.

Foreign Aid

It makes little sense to ask the Australian people to endorse their government borrowing money to provide foreign aid, when there are so many pressing issues at home.

We recognise the need for regional aid to maintain the stability of Southeast Asia and Oceania, but our own population must come first, and we will not continue to provide foreign aid from government debt. Foreign aid will therefore only be approved where it is substantially in Australia’s strategic national interest or on compassionate grounds.

United Nations

Australian Conservatives will review Australia’s involvement and funding of the United Nations. In recent decades, the UN has promoted a selective and highly politicised agenda which appears to be increasingly hostile to Western interests.

We will examine all our existing UN treaties and obligations to determine whether they are working in our national interest. Further, we will focus on bilateral and multilateral solutions to foreign issues, which continue to deliver far better and lasting results in contrast to the United Nations.

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