The Latest Breaking News from Don Farrell

Trade Minister Don Farrell says lifting all Chinese sanctions on Australian goods will have to be taken "a little bit at a time".

Trade Minister Don Farrell has described the European Union as tough negotiators as Australia remains locked in a bitter food fight over naming rights.

Australia's A$750 million ($521.78 million) lobster trade with China could be on the verge of restarting after more than two years of unofficial bans, state broadcaster ABC reported on Thursday, citing a licence application that was not rejected immediately.

Lobster exporters are trying to resuscitate a lucrative trade deal with China after it ground to a halt in late 2020.

Trade Minister Don Farrell has welcomed improvement in relations with Beijing as Australia's first coal shipments in years await Chinese clearance.

The resumption of trade marks an improvement in relations and comes a day after Australia-China ministerial talks

Australia and New Zealand talked up their relationships with China at a joint prime ministerial news conference on Tuesday in the latest sign of strengthening ties with their biggest trading partner.

China's commerce minister Wang Wentao said talks held on Monday with Australian counterpart Don Farrell were a key step toward bringing bilateral economic and trade ties back on track, with relations improving after being strained in recent years.

Australian and Chinese trade ministers are holding their first bilateral meeting since 2019 as Australia urges China to lift barriers that are costing exporters $14 billion a year