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.
Kozo Yamamoto appointed his ministerships in 2016. Yamamoto is a known advocate of reflation policies, and is one of the first to argue for using monetary easing tools to overcome deflation in Japan. As a longtime critic of the Bank of Japan's monetary tightening policies in the Diet, he chaired multiple study groups on monetary policy when the LDP was out of power, and appealed to Shinzo Abe the need for quantitative easing. Yamamoto proposed the consumption tax increase of April 2014 to Abe Shinzo, and advised swift action. He also advocated for basic allowances and various public-works projects for low-income earners