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Global finance: should we fear protectionism arise globally

Factory workers
Labour force figures are expected to show a further 20,000 increase in employment in August. Source: AAP

A rollback of free trade agreements could lead to a loss of 270,000 Australian jobs and a reduction in household incomes by around A$8,500 a year, according to a report released by the Department of Foreign Affairs and Trade (DFAT). Is it really the case? What could Australian government and business do to counter that future? Ivan has asked Dr. Wei Li from Sydney University Business School to tell us more.


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By Ivan Leung

Source: SBS



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A rollback of free trade agreements could lead to a loss of 270,000 Australian jobs and a reduction in household incomes by around A$8,500 a year, according to a report released by the Department of Foreign Affairs and Trade (DFAT). Is it really the case? What could Australian government and business do to counter that future? Ivan has asked Dr. Wei Li from Sydney University Business School to tell us more.



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