Peter Martin in The Age: the TPP sells sovereignty for little return
October 13, 2015:Economics editor Peter Marin writes in The Age that economic modelling by the US pro-TPP Peterson Institute in June 2015 shows it won't create jobs. It'll boost the Australian economy (slightly) by shifting workers away from some jobs towards others, but it will replace rather than add jobs..But Australia will be locked into the US way of doing things on medicines, copyright and other areas and denied the freedom to move to anything else. A US-style investor-state dispute settlement scheme will allow foreign companies to sue our governments in extraterritorial tribunals. Is this a fair price to pay? On balance he says not.