Story: Australia and New Zealand

NAFTA

NAFTA

After New Zealand and Australia signed the New Zealand Australia Free Trade Agreement in 1965, there were pressures to expand this into a freer exchange of goods and services. Prime ministers Malcolm Fraser and Robert Muldoon were somewhat suspicious of each other's intentions, and the New Zealand perspective was well illustrated by this Bob Brockie cartoon of March 1976, at the start of the Muldoon administration. However, trade ministers Doug Anthony, and Hugh Templeton were strongly committed to reaching a new agreement. In 1983 the Closer Economic Relations agreement was signed, providing for the phasing out of all duties and quotas between the two countries.

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Cartoon by Bob Brockie

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How to cite this page:

Philippa Mein Smith, 'Australia and New Zealand - Trade relations', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/cartoon/33140/nafta (accessed 3 June 2020)

Story by Philippa Mein Smith, published 20 Jun 2012