6 Nov 2015

Fast track trans-Tasman trade agreement signed

1:27 pm on 6 November 2015

Getting goods across the Tasman is set to become a lot easier for some traders under a plan being worked out by Customs and the Australian Border Force.

Both agencies have today signed an agreement in Canberra to allow exporters and importers who meet required standards to enjoy fast-track border procedures.

Customs controller Carolyn Tremain said the programme would reduce clearance times for the $18 billion worth of goods traded between the two countries each year.

New Zealand already has such agreements with the United States, Japan and the Republic of Korea, which formally recognise each other's security measures.