Australian PM wants 'speedy' free trade deal with United Kingdom post-Brexit

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Australian Prime Minister, Malcolm Turnbull, left, with Britain's Prime Minister Theresa May, as they talk to market traders during a tour of Borough Market in central London Monday July 10, 2017, the scene of a recent terror attack.

"We stand ready to enter into a free-trade soon as Britain is able to do so", Turnbull told reporters at a joint press conference with May.

Australia and the European Union agreed in November 2015 to work toward launching negotiations for a free trade agreement.

While giving a speech in London, Malcolm Turnbull has criticised Tony Abbott and other conservatives, saying the Liberal Party should sit in the sensible centre.

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Queensland Coalition MP Michelle Landry, who warned ahead of last year's election that the "wishy-washy" Turnbull government was putting her marginal Rockhampton seat at risk, has called for Mr Abbott to take the job and move on.

The UK can not legally negotiate trade agreements until after exiting the European Union but Mr Turnbull wants to move as quickly as possible when that happens.

Speaking at the Policy Exchange meeting in London overnight, Turnbull said when Sir Robert Menzies, who was prime minister twice between 1939 and 1966, founded the Liberal Party in 1944, it was to be "firmly anchored" in the center of the Australian political spectrum.

May said the topic came up during the recent G20 summit held in Hamburg, Germany and the two "discussed with our partners how we can step up worldwide efforts to increase pressure on Pyongyang, and find a peaceful solution to the ongoing threat North Korea poses to global security".

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"Discussions on an ambitious and comprehensive bilateral trade deal with Australia remain a priority for the UK", Mrs May is expected to say.

Turnbull said the relationship between the United Kingdom and Australia was built on trust and no two countries were closer.

We are family in a historical sense, we are family in a genetical sense.

"Your post-Brexit Britain will be a Britain with big horizons, big opportunities, free trade, open markets. that is the future, that is where our prosperity has been delivered and I know that is where your prosperity in the future will come", he said.

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"There was a good reason for that (rule)", Mr Kennett said on 3AW Drive.


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