The TiSA negotiations between the US, EU, Australia and about 20 other mostly industrialised countries are a current priority for the Australian Government. The negotiations are being driven by global services corporations which want to deregulate trade in services further than what can be achieved through the World Trade Organisation. The aim to finish by the end of 2016 has been abandoned because of European popular opposition and EU differences with the US. See background here and leaked documents here.
Major issues: secrecy, restrictions on government regulation of services, data regulation, expansion of foreign investment in competitive tendering, pressure for privatisation of services.