Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Badenoch sets sights on battle with the Bank

      Breaking news scene featuring a diverse group of professionals discussing important developments in a modern office setting

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Advertising at World Cup: Levi’s genius, hydration breaks and dodging rules

      Breaking news event with diverse crowd gathered outside urban office building on sunny day, capturing vibrant city life.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Procter & Gamble axes relationship with Kremlin propaganda channel

      007 PG news article image featuring a business meeting with executives discussing strategy at a modern conference table

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Sunday 17 July 2016 9:09 am

Bonza: Australia wants a trade deal with the UK post-Brexit

By: Lynsey Barber

Add as a preferred source on Google

Australia is seeking a free trade deal with the UK after the vote to leave the EU, it has been revealed.

Newly installed Prime Minister Theresa May and her counterpart in Australia Malcolm Turnbull spoke over the phone on Saturday and Turnball indicatied a desire to negotiate a deal as soon as possible.

"I have been very clear that this Government will make a success of our exit from the European Union," said May on Sunday morning.

Read more: Scotland should be "fully engaged" in Brexit talks, says Theresa May

"One of the ways we will do this is by embracing the opportunities to strike free trade deals with our partners across the globe. It is very encouraging that one of our closest international partners is already seeking to establish just such a deal."

She continued: 

"This shows that we can make Brexit work for Britain, and the new Secretary of State for International Trade will be taking this forward in the weeks and months ahead.Britain is an outward-looking and globally-minded country, and we will build on this as we forge a new role for ourselves in the world."

Meanwhile, international trade secretary Liam Fox has said he is "scoping" deals with a dozen countries for when Britain does leave the EU.

He told the Sunday Times he had "fruitful" negotiations with Canada on Friday and plans to visit the US next week, according to the report.

Read more: Prime Minister Theresa May makes a few more ministerial changes

“We’ve already had a number of countries saying: we’d love to do a trade deal with the world’s fifth-biggest economy without having to deal with the other 27 members of the EU," he said.

Trade deals can not be agreed until Britain is no longer a part of the EU. There will be a two year window for leaving once Article 50 is triggered. May said on Friday it would not be triggered until a UK-wide approach was agreed, after talks with Scottish First Minister Nicola Sturgeon.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics
  • News

Categories

  • Business
  • Economics
  • Politics

Trending Articles

  • Who could be Andy Burnham’s Chancellor? 

  • As it happened: Stocks recover after markets rocked by tech-sell off; US claims ‘good foundations’ of Iran deal

  • As it happened: FTSE 100 finishes higher as US-Iran talks progress and Starmer resigns; Space X shares fall after bond sale

  • Coca-Cola brings in restructuring lineup over failed Costa sale

  • Reeves’ new tax charge on cash ISAs faces fierce industry backlash

More from CityAM

  • Gulf trade deal: Britain should learn from the success of Dubai

    Opinion
    Dubai skyline featuring iconic skyscrapers and modern architecture under a clear blue sky, showcasing the citys urban land...
  • Starmer agrees investment deal with Japan as EU deal questioned

    Politics
    UK and Japan leaders discuss bilateral trade agreements at a high-level government meeting in London.
  • Brexit 10 years on: Labour’s EU reset deal is ‘no growth strategy’

    Politics
    According to a new report from UK in a Changing Europe (UKICE), UK services trade has been more resilient than almost all other advanced economies.
  • KPMG chair and senior partners to quit firm over audit scandal fallout 

    Big Four
    Martin Sheppard speaking at a business conference podium, wearing a suit, with a focused audience in the background
  • Ditched by clients and Australian government: What is happening down under at KPMG?

    Big Four
    KPMG Australia office building exterior with modern glass architecture and corporate signage in a bustling business district.
  • Brexit 10 years on: Business does not want a referendum rerun, says CBI chief

    Business
    CBI Chief Economist Newton-Smith addressing economic trends at a business conference podium with charts in the background
  • City law firm denies ties to KPMG Australia scandal

    Legal
    KPMG Australia office building exterior with modern glass architecture and corporate signage in a bustling business district.
  • Shipping chief: Hormuz tankers reluctant to leave Gulf despite Iran deal

    Economics
    Iranian military vessels patrol the strategic Strait of Hormuz amidst escalating tensions in the region

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies