Japan–Australia Economic Partnership Agreement 457 visas are employed. Japan–Australia Economic Partnership Agreement The Japan–Australia Economic Partnership Agreement was concluded between Australia and Japan in November 2014 and took effect January 15, 2015. Australia's negotiations for an agreement with Japan began under the Howard Government in 2007. In April 2014, Australia's Prime Minister Tony Abbott led a trade delegation to Japan, South Korea and China. The three economies accounted for more than half of all of Australia's two-way trade. On the Japanese leg, Abbott was received by Emperor Akihito and, secured the key elements of a free trade agreement with the government of Shinzo Abe.
2014 Japanese general election re-appointed). The turnout in this election is the lowest in Japanese history. In 2012, the Democratic Party government under Yoshihiko Noda decided to implement a raise of the Japanese consumption tax. Following this move, the Liberal Democratic Party under Shinzo Abe regained control of the Japanese government in the December 2012 general election. Abe proceeded to implement a series of economic programs known as "Abenomics" in a bid to stimulate the economy. Despite these programs, Japan entered a technical recession in mid-2014, which Abe blamed on the consumption tax hike, even though many members of the LDP supported the hike.