Senator FARRELL (South Australia—Minister for Trade and Tourism, Special Minister of State and Deputy Leader of the Government in the Senate) (14:51): I thank Senator Walsh for her question. I know she has a deep interest in trade issues. After a decade of coalition government, Australia is more dependent than ever on a single market for our exports. To overcome this predicament, the Albanese Labor government is actively progressing a trade policy agenda that creates more opportunities for Australian businesses to gain new market access into major markets. This includes implementing a gold standard trade agreement with the United Kingdom. The former Liberal government dropped the ball by failing to conclude parliamentary processes to implement the Australian— Opposition senators interjecting— Senator Birmingham: Negotiated and signed by who? Senator FARRELL: In contrast, this government prioritised the parliamentary processes to implement the UK free trade agreement, which was concluded last year. Senator Birmingham: Negotiated by the former government. Senator FARRELL: No, it wasn't. I'm pleased to advise the Senate that overnight— Opposition senators interjecting— Senator FARRELL: Please listen to this. Calm down! I'm pleased to advise that overnight the United Kingdom moved closer to finalising its domestic processes to be in a position to implement the trade to deal with Australia. A significant step was taken with the king providing royal assent to UK legislation to bring the bilateral free trade agreement into force. Completion of this step paves the way for the laying of subordinate legislation in the United Kingdom and Scottish parliaments, the final procedure required to complete the UK's ratification process. The Albanese government is looking forward to implementing the free trade agreement— (Time expired) The PRESIDENT: Senator Walsh, your first supplementary question?