Mr CLARE (Blaxland) (15:19): I thank the minister for his statement to the House. As I said last year, Labor welcomes this update to the Singapore-Australia Free Trade Agreement. The agreement was signed by the Howard government and the Tong government in 2003 and was updated by the Gillard government in 2011. This is the second update to this agreement. Singapore is our fifth-largest trading partner, and this update provides a framework for bilateral investments. It also increases the recognition of a number of Australian qualifications. This will provide more opportunities for Australian workers in the areas of education, law, e-commerce, telecommunications and professional services. All of this is good news. Unfortunately, this is the only substantial thing the Turnbull government has done on trade in the last 18 months. The Hawke and Keating governments are the undisputed titans of trade. The open, competitive economy that we have today is built on the wreckage of the tariff walls they ripped down. No other Australian government, before or since, holds a candle to them. But that does not mean that nothing has happened. The Howard government delivered three free trade agreements, including this one with Singapore. The last Labor government also delivered three free trade agreements. So did the Abbott government; in fact, they delivered three free trade agreements in 18 months. In the same time, this government has not delivered one new free trade agreement. This update is the only thing they have done. And they promised so much more. They promised they would sign a deal with India by the end of 2015. That has not happened. They promised negotiations would be underway by now with the EU, and we are still waiting for the scoping study to be developed. Mr Ciobo: When was that? Mr CLARE: That was in the Governor-General's address; you might check that. The Trade in Services Agreement was also supposed to be signed last year. The government said last year—also in the Governor-General's address after the election—that it would be playing a leading role in finalising this agreement. A few weeks ago, we found out that they have less than one full-time person working on this in the Department of Foreign Affairs and Trade. At the start of this year, they also had the great idea to rush legislation into the parliament to ratify the TPP to pressure Donald Trump to support it. And didn't that work out well? I do want to encourage the government, though, on the work they are doing to strike a free trade agreement with Indonesia. This is where the focus should be. There is a lot of potential here to strike a good deal. Indonesia is our next-door neighbour. In population terms, it is the fourth-biggest country in the world. By the middle of this century, it is expected to be the fourth-biggest economy in the world. At the moment, trade with Indonesia is massively underdone, and this is an opportunity to fix that. Indonesia is just the start. The Prime Minister and the government should put their shoulders to the wheel to help finalise RCEP—the Regional Comprehensive Economic Partnership. Now that the United States has pulled out of the TPP, this is the regional trade agreement that holds the most potential. If a good deal can be struck here, it will bring together 16 countries and about 30 per cent of the world's GDP in one trade agreement that includes China, Japan, India, all the ASEAN nations and ourselves. The key point is this: this is a government that talks a big game on trade. The Prime Minister gives lots of lectures on trade. But lectures do not create jobs; good deals do. We welcome the update of the Singapore agreement, but this government has a lot more work to do.