Category Archives: Josh Frydenberg

Angus Taylor behind decision to delay energy price rise report until after 2022 election

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Exclusive: Department of the Prime Minister and Cabinet has revealed Scott Morrison and Josh Frydenberg also knew of the decision

The former energy minister Angus Taylor asked his department to consider delaying telling voters about electricity price rises before the May election, then made the decision to do so.

Taylor told media in October that he didn’t know about incoming price rises and that he didn’t see the Australian Energy Regulator’s report proposing to increase the default market offer. In May last year, a spokesperson for Taylor rejected claims the delay was for political reasons.

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Scott Morrison sought advice on a sixth ministry and did not agree to be interviewed by inquiry

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Anthony Albanese says his government will accept all recommendations of Bell report on former PM’s secret ministries

Scott Morrison’s secret appointment to additional ministries was “apt to undermine public confidence in government” and was “corrosive of trust in government”, Virginia Bell has found.

In a report, released on Friday, the former high court justice said Morrison’s appointments to the health and finance ministries were “unnecessary” while three other appointments “had little if any connection to the pandemic”.

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‘A bit of pub talk’: Scott Morrison denies push for job in rugby league

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Former PM says he didn’t tell powerbrokers he would like to join the Australian Rugby League Commission

The former prime minister Scott Morrison has denied making a bid to join the Australian Rugby League Commission, describing the reports as “a bit of pub talk”.

The Nine Network reported on Thursday that Morrison had spoken to “powerbrokers” in rugby league and made it “quite clear to them that he would like to be a part” of the commission, which runs the code, despite there not being a vacancy.

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Anthony Albanese claims election victory over Scott Morrison in 2022 federal election – as it happened

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Anthony Albanese arrives for speech; Scott Morrison to step down as leader after conceding defeat; ‘Liberal family suffered a terrible day,’ Peter Dutton says; Labor claims Reid; Zoe Daniel claims victory in Goldstein; Allegra Spender wins Wentworth from Dave Sharma. This blog is now closed

I’m a fairly big footy fan, but not sure how much all these analogies mean to the rest of voters (and I believe kicking into the wind can actually be an advantage in rugby union sometimes?)

On Weekend Today, Scott Morrison managed to turn a question about whether he has BBQ sauce on his democracy sausage into a stump speech about jobkeeper and co-funding the hospital system during the pandemic. We can’t fault him - those are more important issues than what he was asked.

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Josh Frydenberg opposes independents’ call for public hearings and tip-offs in proposed federal Icac

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Treasurer says public hearings would see politicians ‘guilty until proved innocent’, but integrity experts say objections ‘ring hollow’

The treasurer, Josh Frydenberg, has defended the lack of public hearings in the government’s proposed federal integrity commission, saying he opposes a model that would see politicians “guilty until proved innocent”.

Frydenberg, who is under pressure in his Melbourne seat of Kooyong on the issue of integrity and climate change, said that while he agreed with the need for a federal anti-corruption commission, he disagreed with the independents on two elements – public referrals and public hearings.

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Ruston dismisses suggestion Liberal party has ‘lost its way’; Hunter candidates square off – as it happened

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Jim Chalmers accuses Josh Frydenberg of lying about tax as treasurer and shadow treasurer pressed on NDIS in debate; Coalition ‘oblivious’ to pressures facing working families, Albanese says; border force won’t confirm reports of asylum seekers moved to Christmas Island; at least 56 Covid deaths recorded. This blog is now closed

In a move designed to hold on to what is known as the “grey vote”, the government has announced a two-year freeze on deeming rates, in response to the interest rate rise.

That means pensioners with cash deposits which will increase with the rate rise (interest rates on bank accounts go up too) won’t have to worry about hitting the cap of how much they can earn before their pension is impacted.

We have always said where there are good ideas we will support them. We sought to be constructive during the pandemic and did support many of the measures and, you know, looking at this decision today, we have said, yes, this is a good idea and we will.

He already has, we went to a religious service at a local synagogue and no doubt he has many competing requests on his ...

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ABC misses out on final leaders’ debate; key independents back call for robodebt inquiry – as it happened

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Channel Seven to host final debate of election campaign; crossbenchers back call for royal commission into robodebt scandal; Scott Morrison focuses on cost of living concerns; Anthony Albanese marches for May Day in Brisbane; Sally McManus would support wage increase for public sector workers; 13 Covid deaths recorded across the nation. This blog is now closed

Labor is still on the campaign sell for its first homeowner policy.

Jason Clare faced questions ranging from, “Is this too small to have an impact?” to, “Won’t it drive up house prices?”

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Government urged to allow Asic to decide claims against itself after investors left in limbo

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Former speaker says treasurer Josh Frydenberg should authorise corporate regulator to decide claims under compensation scheme for defective administration

The former speaker Tony Smith has urged Josh Frydenberg to allow the corporate regulator to decide claims against itself, after investors had no one to resolve their bid for compensation over a failed retirement village empire.

Smith, acting in his capacity as chair of a parliamentary committee with oversight of the Australian Securities and Investments Commission (Asic), also criticised Treasury’s position that the treasurer could not decide claims against Asic under a government program known as the scheme for compensation for detriment caused by defective administration (CDDA).

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Australia news live updates: many Lismore buildings ‘expected to flood again’; new Russia sanctions; man’s body found in Qld flood waters

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Many buildings in Lismore are ‘expected to flood again’ as CBD ordered to evacuate; severe weather warning for large parts of NSW; foreign minister announces ‘Magnitsky-style sanctions’ targeting 39 Russians; treasurer Josh Frydenberg says election will be held ‘in a matter of weeks’; nation records 24 Covid deaths, with record high daily case numbers in Tasmania. Follow the latest updates live

The New South Wales government has approved fewer than 400 disaster relief grants for flood-ravaged northern rivers businesses, despite receiving almost 8,000 requests for help since applications opened almost a month ago.

After the state’s north was left reeling by weeks of devastating floods, the government announced grants of up to $50,000 for small businesses to help pay for cleanup costs, repairs, replace damaged stock and to lease temporary premises.

Today it’s been revealed that the unemployment rate will have a friend for the first time in 50 years. This is a remarkable achievement that belongs to 26 million Australians. We’ve avoided the scouring of the labour market so reminiscent of previous recessions in Australia in the 80s and 90s.

We now have an unemployment rate that is very, very low and we are banking that dividend, now with the cost of living.

Would you be providing that if Australians weren’t going to the polls in a matter of weeks?

We would of course be providing cost-of-living relief given the circumstances that Australia now faces. There’s higher expected inflation, indeed, it’s a global phenomenon. There’s petrol prices rising above $2 a litre and with the other challenges on Australian companies.

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Morrison government predicts unemployment will drop to 50-year low as it spruiks pre-election budget

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Treasurer’s office says dip to last years, as Labor points to stagnant wages and vows to lift them

Josh Frydenberg’s pre-election budget will project Australia’s unemployment rate will drop to 3.75% this year, its lowest figure in 50 years, with the Coalition to talk up a “remarkable” post-pandemic recovery.

The treasurer’s fourth federal budget will also fund an extra 15,000 subsidised training courses for aged care workers, in a nearly $50m promise to boost the sector’s workforce.

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Labor government would present second 2022 budget to correct ‘decade of rorts and waste’, shadow treasurer says

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Jim Chalmers says if elected, an Albanese government will deliver a ‘proper’ budget before the end of the year to amend ‘damage of the last 10 years’

A Labor government would present a second “proper” budget in 2022 if elected to correct the “decade of rorts and waste” they expect to be bookended by treasurer Josh Frydenberg’s budget next week.

The shadow treasurer, Jim Chalmers, will tell the Australian Chamber of Commerce and Industry on Tuesday an Albanese government would release its own budget by the time of the traditional mid-year fiscal update in December, if not sooner.

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‘Stunning pay rise’: commodity boom to fuel improved Australian budget

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Export revenues and low jobless rate combine to cut almost $90bn from projected federal budget deficit

Soaring commodity prices and a shrinking jobless rate will combine to slice almost $90bn from projected federal budget deficits out to 2024-25, although excessive pre-election promises would undermine the government’s fiscal repair efforts, according to Chris Richardson, a senior economist at Deloitte.

The predicted improvement compares with forecasts in the government’s mid-year outlook (Myefo) released last December. The current year’s deficit alone will be cut almost a third from a projected $99.2bn to $69bn as the economy’s rebound from Covid disruptions quickens, Richardson said.

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Josh Frydenberg open to intervening in insurance market as climate change pushes up premiums

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Treasurer says he’s conscious premiums too high for many people in disaster-prone areas, but says more work needed on a proposal to extend reinsurance scheme

Josh Frydenberg has flagged he is “open” to further market interventions making insurance more affordable, but says more preparatory work will need to be done before the Morrison government would extend its $10bn cyclone reinsurance pool in northern Australia to cover more natural disasters.

In an interview with Guardian Australia ahead of the budget on 29 March, the treasurer said he was conscious that a changing climate rendered insurance problematic in some parts of Australia.

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Farmers welcome provision of extra flood relief funding in NSW – as it happened

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Inquest into death of Warlpiri man Kumanjayi Walker to start in September; call for inquiry into missing and murdered Indigenous women; advice for asthma sufferers during flood clean-up; at least 26 Covid deaths recorded. This blog is now closed

Treasurer Josh Frydenberg is on the telly now (hope he’s saving some juicy bits for his speech later). He’s talking about this idea of returning to some sort of pre-Covid fiscal world. He says:

As you know, we recalibrated our budget strategy when the pandemic first hit and we needed to do that to ensure there was sufficient economic support with programs like jobkeeper, the cash flow boosts, the $750 payments to pensioners, carer, and those on income support. That helped stabilise the economy by opening up the purse strings. Now that the recovery is well underway and the unemployment rate is down to a 14-year low of 4%, it is time to move to the next phase of the budget strategy and that means stabilising debt and then reducing debt as a proportion of the overall economy, and ending those crisis-level, emergency economic support programs.

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Josh Frydenberg announces ‘targeted’ cost of living measures ahead of federal budget

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Treasurer says ‘crisis level’ spending must stop amid Australia’s improving economic conditions

The treasurer, Josh Frydenberg, says improved economic conditions will allow the government to deliver a “targeted” cost of living package in this month’s budget, while gradually improving the budget bottom line.

In the traditional pre-budget speech to the Australian Chamber of Commerce and Industry on Friday, Frydenberg will set out how the 29 March budget will mark a return to normal budget settings as Australia emerges from the Covid-19 pandemic, warning that “crisis level” spending must stop.

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Men on high incomes to take lion’s share of Coalition’s $184bn tax cuts, analyses find

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Government’s ‘trickle down disaster’ will further entrench inequality between men and woman, Greens say

Tax cuts planned to take effect in 2024-25 are highly regressive and would pay male beneficiaries twice as much as women, separate analyses by the Australia Institute, the Greens and the Australian Council of Social Service have found.

The so-called stage-three tax cuts will remove the 37 cents in the dollar tax bracket, lower the 32.5 cent bracket to 30 cents, and raise the top tax bracket to start at $200,000 compared with $180,000 now. All up, the cuts will cost about $184bn over the first decade, the groups said.

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Australia politics news live updates: parliament marks anniversary of the National Apology to the Stolen Generations; at least 22 Covid deaths recorded

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Parliament marks anniversary of the National Apology to the Stolen Generations; Acoss calls for next budget to address climate crisis; at least 22 Covid deaths recorded; treasurer asked about possible axing of low-income tax offset; politicians back in Canberra for final sitting week before federal budget. Follow all the day’s news

NSW treasurer Matt Kean is talking about the weekend’s byelection results. He says:

This wasn’t a referendum on the government ... these were four byelections that had unique issues in each of the seats.

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Australia news live update: nation records at least 74 Covid deaths; Invasion Day rallies begin; lockdown call for NT remote communities

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Lockdown call for NT remote communities as nation records at least 74 deaths from Covid-19; Scott Morrison speaks at Australia Day ceremony in Canberra; Russian ambassador to Australia says country ‘doesn’t intend to invade’ Ukraine; Invasion Day protests begin. Follow all the day’s news

A leading health expert has warned of the potential spread of the virulent Omicron Covid-19 strain during events today as large crowds gather for protest or celebration, AAP reports.

Jane Halton, chair of the coalition for epidemic preparedness and former health department head, says the closer people pack together the more likely it is the virus will spread.

We know it’s highly infectious and the closer everyone gets together, the more the likelihood you’ll be close to someone whose got Covid and therefore the greater the likelihood you’ll contract it.

People should be careful. What we don’t want to see is a big increase in cases.

I don’t think we should be cancelling things. I just think people should be courteous, thoughtful, and a little bit careful.

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Australia news live update: NSW Covid hospitalisations rise to 1,204; record high new cases in Victoria and Qld; Coalition rules out free RATs

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NSW records 20,794 new Covid cases and Victoria 8,577, with seven deaths across both states; Queensland reports 4,249 cases, ACT 514 and Tasmania 466; Scott Morrison says health systems well equipped as Covid hospitalisations across the country rise; Greg Hunt says more RATs on the way as double-dose vaccination rate hits 91.5%; Josh Frydenberg grilled over rapid antigen tests. Follow all the day’s news

Researchers in Antarctica are dealing with an outbreak of coronavirus despite being based in one of the world’s most remote regions.

Since 16 December at least 16 of the 25 polar researchers based at Belgium’s Princess Elisabeth Polar Station are now infected with the virus.

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Australia live news update: WA to ease hard border from 5 February; $1bn defence deal signed with South Korea

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Mark McGowan announces reopening plan after WA hits 80% fully vaccinated; PM confirms international borders to reopen Wednesday for some visa holders; defence deal inked as Korean leader visits; Greg Hunt says telehealth to be made permanent; Victoria records 1,290 new Covid cases and two deaths; NSW records 536 new cases and no deaths; NT to ramp up Covid rules for some communities after 17 new cases; Queensland records one new local case, with 13 reported in SA. Follow all the day’s developments

Time to chat about next year’s election, and the battle the treasurer is facing from an independent in his home seat.

Michael Rowland:

You are now facing, as we know, Monique Ryan in the seat of Kooyong. She’s a Royal Children’s hospital doctor. You’ve labelled people like she, an independent, as a front for Labor and the Greens. What evidence do you have for that?

Well, at the last election, I had an independent who said they were gonna vote for Labor. That’s a pretty clear indication. We’ve also seen plenty of cases where they’ve just mirrored the policies of our political opponents.

But what evidence do we have at this time?

This is a rinse-and-repeat, Michael. What we’ve seen, we’ve seen obviously a lot of funding going into these independents around the rest of the country, and it’s a democracy, so people can put their hand up.

Just on Omicron, you might have caught up with the news just in the last hour or so, Boris Johnson, the UK prime minister, made an address to the nation there. He’s declared a tidal wave of Omicron case is about to hit the UK.

He’s declared it a public health emergency, and has declared that all British adults over the age of 16 can get a booster shot by the end of the year. Taking that into account, are we being a bit too sanguine about Omicron here in Australia?

We saw the medical advice, and that saw a pause for two weeks of the reopening of the border to international students and to skilled workers.

That was a precautionary measure. But we will continue to listen and follow the health advice, and it has served us well to date.

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