They signed the fuckin TPP

All the details aren't known yet, but the Trans Pacific Partnership corporate wish list has been signed by all 12 countries. Albeit it looks like the US caved on the Pharmaceutical patents thing.

The final round of talks were delayed by negotiations over how long pharmaceutical corporations should be allowed to keep a monopoly period on their drugs. 

The US wanted 12 years of protection, saying that by guaranteeing revenues over a long period it encouraged companies to invest in new research. 

Australia, New Zealand and several public health groups argued for five years before allowing cheaper generic or "copy-cat" into the market. 

They said a shorter patent would bring down drug costs for health services and bring lifesaving medicine to poorer patients. 

Even though a compromise was reached, no definitive protection period was confirmed. Speaking at a press conference following the deal, US Trade Representative Michael Froman hailed the deal as the first to set a period of protection for patents on new drugs, which he said would "incentivise" drug producers. 

But the Washington-based Biotechnology Industry Association said it was "very disappointed" by the reports that the agreement fell short of the 12-year protections sought by the US.more 

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The compromise on medicines thrashed in Atlanta would preserve Australia’s existing five-year protection period but would also offer flexibility on longer drug monopolies, potentially creating two tracks on future drug pricing within the trading bloc, a person close to the negotiations said. more

WTF does "flexibility on longer drug monopolies" mean? 

Other than that, the thing still has to be ratified by all 12 countries domestically. I would assume (with the democracy and free speech that exists in Australia Fox fuckwits) that there will be robust examination of all the agreement in the senate. The Lieberals still face the same senate as Abbott did, whether they have a bright and shiny new leader or not. Ratification in Australia will take a lot of time with much debate. 

It really depends I guess if Labor gets a backbone and blocks it along with the Greens. The noises Labor is making against the China free trade agreement with Australia are promising in that respect. If Labor continues that stance with the TPP then in the end ratification of it will come down to the senate crossbenchers.  

You can say no to the TPP being ratified in all 12 countries here.