It is quite obvious that the recent raids in Australia, that were conducted by the anti piracy branch of Australian music industry, MIPI, were related to the newly crafted trade agreement. It remains to be seen how the agreement affects, for example, the status of mod chips in Australia. Last August Australian Federal Court ruled that it's legal to modify a Playstation console to play imported and pirated games.
Correction:
The modchip ruling was later overturned by an appeals court. Hence modchipping is illegal in Australia. Thanks to Dale Clapperton, Electronic Frontiers Australia Board Member for providing the correction.
Please also see EFA's media release on their views about the Free Trade Agreement.
Source: Slyck