The winners and losers of Aust-China FTA

AUSTRALIA-CHINA FREE TRADE AGREEMENT: WINNERS AND NOT SO SUCCESSFUL

WINNERS

* Agriculture sector including dairy, beef and sheep, wine, horticulture and seafood.

* Resources and energy sector.

* Banks and insurers.

* Services sector, including legal, education, telecommunication, health and aged care, construction and engineer, mining and tourism.

* Australian manufacturers of pharmaceuticals, car engines, precious stones, make-up and hair products.

* Australian consumers benefit from cheaper household goods, electronics, clothing and cars.

* Billionaires Andrew Forrest and Gina Rinehart from their recent beef and dairy investments.

MAYBE WINNERS AT A LATER STAGE

* Rice, sugar, wheat and cotton farmers.