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A YEAR-long investigation of Australia's free trade agreements has found they are often nothing of the kind.As for IP...
The Productivity Commission has told the government there is little evidence to suggest Australia's six free-trade agreements have produced ''substantial commercial benefits''.
Some may have actually reduced trade by introducing complex rules that make it difficult to sell goods made with products imported from countries not in the agreements.
Copyright provisions inserted in the US-Australia Free Trade Agreement could eventually cost Australia as much as $88 million per year as the nation pays an extra 25 per cent each year in net royalty payments, ''not just to US copyright holders, but to all copyright holders''.Let's not kid ourselves here, it's not brought any benefits because it's not fucking free trade, and I feel it's pretty duplicitous to even call it that. It's very much like the fashionable blaming of the free market for the financial crisis, even though a few seconds rational thought would lead one to the conclusion that the free market couldn't possibly be responsible if only because there isn't one. You might as well blame Santa for not bringing the bike you hoped for because you want to maintain the delusion that it isn't because your parents just didn't buy it. Write the fucking headlines honestly - it's not a free market and these agreements are free in name only. Realise that and you see that it really ought to look something like this:
The copyright provisions extend payments from 50 years after an author's death to 70 years and enshrine in Australian law ''rules that would otherwise be anti-competitive such as permitting the use of region codes on DVD players''.
The provisions have saddled Australia with copyright obligations ''even higher than in the US … because we matched their higher level of copyright protection but have maintained our lower level of copyright users' rights'', the report says.
See? Not hard.