Department of Industry,
Innovation and Science - logo
The department is closely monitoring the departure of the UK from the European Union (EU) and implications for Australian business.
The British people voted to leave the EU in June 2016. We recognise that the process will take time and hope the UK and EU will establish a new, mutually beneficial relationship that sustains the economies of both parties.
The Australian Government is focused on preserving and advancing Australia’s strategic and economic interests in our engagement with the UK and Europe. The government has convened a whole-of-government coordination process to assess the implications of Brexit for Australia. This will ensure any risks posed by Brexit are addressed, and identify opportunities to enhance our relationships with the UK and EU.
Most recently Australia and the UK signed a Mutual Recognition Agreement furthering the bilateral relationship.
The Department of Foreign Affairs and Trade (DFAT) has put together a guide on Brexit that:
DFAT will continue to update this webpage as further information is provided by the UK Government and the European Commission.
In a 'no deal' scenario the UK would leave the EU and become a third country on 29 March 2019 without a Withdrawal Agreement in place.
Australian businesses and individuals should consider how a ‘no deal’ scenario could affect them. They may want to begin taking steps to mitigate against such a risk. To prepare for all eventualities, including ‘no deal’, Australian businesses and individuals should consider whether it is appropriate for them to: