Australia-Japan FTA Could Sharpen Pricing On Imported Cars: PM

Prime Minister Tony Abbott has highlighted Australian food exports and Japanese new car imports as the big winners in a new Free Trade Agreement (FTA).

Mr Abbott and Japanese counterpart Shinzo Abe are today expected to finalise the FTA, which could see cheaper cars for Australian consumers from the country that we buy more cars from than any other; Japan.

Of the 87,957 imported vehicles purchased in March, 30,132 (34 percent) originated from Japan, followed by Thailand (18,844 - 21 percent) and Korea (11,299 - 13 percent).