This morning Donald Trump put the final nail in the coffin of the TPP, issuing an Executive Order withdrawing the United States from the agreement.
This Executive Order means the TPP is now officially dead.
Malcolm Turnbull's credibility is not in much better shape.
Last week he announced that his big economic plan for the year was to introduce legislation to implement the TPP.
Donald Trump's Executive Order today means Malcolm Turnbull's big economic plan is also dead. It would have no effect at all.
It also makes a mockery of all the nonsense we have heard from Malcolm Turnbull over last week that he can change Donald Trump's mind and that this legislation would help.
It's over. Donald Trump has killed the TPP. It's time for Malcolm Turnbull to wake up and move on, and develop a real economic plan for Australia.
TUESDAY, 24 JANUARY 2017
MEDIA CONTACT: KORENA FLANAGAN 02 9790 2466