4 September 2026
New Zealand and Australia accelerate work on a more ambitious Single Economic Market
New Zealand and Australia have accelerated work towards a more ambitious Single Economic Market (SEM), Trade and Investment Minister Todd McClay and Australian Trade and Tourism Minister Don Farrell said as they concluded the annual Closer Economic Relations (CER) Trade Ministers’ Meeting in Auckland today. The ministers met in Auckland for the CER Trade Ministers’ Meeting and agreed to push forward on efforts to deepen economic integration under the SEM framework, the Beehive Government Releases said. Details of the next steps or timelines were not provided in the summary of the meeting.
Downunder Voices perspective
Why this matters
Businesses that trade across the Tasman could be affected as Canberra and Wellington step up work to deepen the Single Economic Market, potentially changing cross‑border rules and opportunities.
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