"The reality is that half of your trade goes to the EU. Britain’s trade with Australia is a very small percentage.”

A former Australian prime minister has warned the UK to be "careful what you wish for" when it comes to EU trade.

Australians have had their fair share of political turbulence in recent years but, as Nick D Miller explains in a new book ,'Do They Mean Us?', many Down Under simply cannot understand Britain's act of self-sabotage.

Malcolm Turnbull said a UK trade deal with Australia would not replace the benefits of being inside the world's largest trading bloc.