Inaugural meeting of the Trade 2040 Taskforce

Today I will chair the inaugural Trade 2040 Taskforce meeting in Adelaide.

The Albanese Government is delivering on an election commitment - bringing together government, industry, unions, and community representatives to serve as a key consultation body to inform Australia's trade policy to 2040.

Trade is a key lever of the Australian economy, and supports one in four Australian jobs. Our government is focussed on making sure the benefits of trade and investment are shared broadly among the Australian community.

More trade means more well-paying jobs, more national income, and more opportunities for businesses and Australian workers.

By bringing together experts from across a range of export industries, unions, academia and civil society, we are putting people at the centre of our trade policy to ensure Australia is best placed to harness trade opportunities in the decades to come.

Discussions will focus on trade diversification, the transition to net zero and becoming a renewable energy superpower, as well as enhancing supply chain resilience and economic security.

Australia's global reputation as a trusted, reliable trading partner was reinforced again today, after coming in as the ninth strongest Nation Brand globally according to this year's Anholt-Ipsos Nation Brands Index.

The Albanese Labor Government has been successful in repairing the fractured international relationships we inherited, and increasing opportunities for business with trading partners in our region.

I look forward hearing the views of the Taskforce members, and seeing the contributions our discussions will make to advance Australia's trade and investment policy agenda to 2040.

More information, including membership is available at Trade 2040 Taskforce webpage.