BEYOND all the rejoicing and political chest-beating around Saturday’s announcement about Australia’s new Free Trade Agreement with the UK, it’s worth taking a deeper dive into what the agreement actually means, and how the new trade is likely to play out in coming years.
The UK beef market will be open for business for Australia from 1 June, and already one beef export processor has lifted its premium for EU-eligible cattle in response.
Australian flat iron steak (seamed oyster blade) in a UK steak restaurant
But first, a bit of history. For decades the EU (then including the UK)…
