Energy minister accuses opposition of ‘grubby smear campaign against my family’ and ALP pursues Coalition over its superannuation schism. All the day’s events, live
With the chambers all quiet and the rush to the airport in full swing, we are going to go collapse in a heap and stare at a wall.
Until Monday, when the parliament is back for the last sitting ahead of the winter break.
Here’s how Mike Bowers saw some of the day
Continue reading...The Australian businessman says he’s ‘so horrified’ by his cash rebate amount and wants the scheme means-tested
The Australian businessman Dick Smith has called for the franking credits system to be reformed after revealing he was once handed $500,000 in cash rebates in a single year.
When Smith was told he would soon receive what he called “ridiculous money”, he complained to the tax office and requested that the agency close down his self-managed super fund.
Continue reading...By suggesting switching jobs can even out the power imbalance between employers and employees, Treasury hinted at an obvious solution
Treasury caused consternation in the labour movement on Tuesday by suggesting the best way to win a pay rise might be to switch jobs.
It looked to unions like an attempt to blame workers for their bosses’ failure to grant a pay rise.
Continue reading...The outage could also have significant impact on welfare recipients, who use MyGov to contact Centrelink
As thousands of Australians try to submit their tax returns, the main online portal for federal government services has gone down.
In an outage that will also affect thousands of welfare recipients across the country, the MyGov site appeared to be unavailable on Friday morning, returning an error.
Continue reading...New and old faces are back in Canberra as the 46th parliament prepares to sit for the first time. All the day’s events, live
Welcome to the first (semi) official day of the 46th parliament. The MPs are back in town, and so are we, and it will no doubt be a bumpy ride.
Today is mostly formalities - finishing to set up offices, swearing in David Hurley as the new governor general, finding where to get coffee - you know, the important things.
Continue reading...Fund managers call on world leaders to bring in carbon pricing and phase out coal power ahead of G20
Superannuation funds and investors representing US$34tn in assets – nearly half of the total under management across the globe – have called on world leaders to bring in carbon pricing and phase out coal power to limit global heating to 1.5C.
Released ahead of a G20 leaders meeting in Osaka, Japan, the statement by 477 institutional investors urges world leaders to accelerate their response to the climate crisis to ensure the goals of the 2015 Paris climate deal can be met.
Continue reading...Shadow treasurer says decision an ‘unfortunate consequence’ of Coalition’s victory
The shadow treasurer, Jim Chalmers, has ruled out reviewing Newstart in opposition, saying those hoping for a boost to the payment had Labor won the election will now “have to convince the government.”
As Labor prepares to reshape its policy agenda following its 18 May electoral defeat, Chalmers used his first speech after being promoted to the senior portfolio to outline the opposition’s economic priorities.
Continue reading...Two worldviews face each other uncomprehendingly – and the flashpoint is the climate emergency
This is the first piece in a new series on what the election result means for the progressive side of politics and the path forward
Political commentators reflexively overinterpret election results. The story we’ve been told is that the Coalition’s win means that “Australian voters” have rejected Labor’s radical plan for reform of the tax-and-spend system, confirming that Australians prefer stability and incremental change.
Continue reading...Centre Alliance demands gas export controls, fearing any tax cut will go into the ‘pockets of overseas energy companies’
The Centre Alliance senator Stirling Griff says it is “most unlikely” the Coalition will be able to pass its full income tax cut package in the first week of July when parliament returns, and has joined Labor’s call for the government to split the legislation.
Griff, who is one of two key crossbench senators in negotiations with the government over the $158bn tax cut package, said he was waiting for a response from Treasury and the Coalition after the party outlined its demands on energy policy.
Continue reading...Likely new Labor leader sets up battle with Coalition, calling on Scott Morrison to split tax cut package
Anthony Albanese says Scott Morrison should split the income tax cuts package when parliament resumes after the election, signalling Labor is still on the fence about whether to support tax cuts for Australians on high incomes.
After Queensland rightwinger Jim Chalmers quit the Labor leadership field on Thursday, leaving Albanese with a clear path to replace Bill Shorten as Labor leader, the high-profile New South Wales leftwinger told reporters it wasn’t sensible for the Coalition to bake in tax relief for the top end several years in advance.
Continue reading...ALP searches for a new leader to replace Bill Shorten as Palaszczuk seeks Adani approval timeline by Friday. All the day’s events, live
Prime Minister @ScottMorrisonMP & I met with Reserve Bank Governor Philip Lowe in Sydney this morning.
The independent @RBAInfo helps maintain stability of our currency as well as the employment, economic prosperity & welfare of the people of Australia. pic.twitter.com/moLeByzxbK
I'm not saying "economic anxiety" isn't often a euphemism for racism. But we prob should stop wondering why Townsville people are receptive to any hope of jobs pic.twitter.com/W4ir9Xa2Di
You’ll notice how often jobs comes up in this piece. Townsville is absolutely struggling. And minor parties did make all the difference.
Related: The story behind Herbert, the most marginal seat in the country – Australian politics live podcast
Continue reading...How does poverty remain entrenched while wealth bounds on? The answer isn’t only about economics, but also about culture
Australia is now the wealthiest country in the world and yet our poverty rates have remained persistently high over decades of economic growth.
Why does poverty remain entrenched while overall wealth bounds on? How is it that this is tolerated, let alone reinforced, by government policies? The answer isn’t just about economics, it’s also about culture. There are dark forces at play that allow the experience of poverty to persist despite being surrounded by wealth.
Continue reading...Labor leader wants to bring together business groups and unions for meeting, as Bob Hawke calls Shorten a ‘consensus leader’. All the day’s events, live
Today the high court has released its full reasons for its decision in the case brought by former Liberal National Queensland president Gary Spence to challenge Queensland’s developer donation ban. Orders were delivered in April upholding Queensland’s ban, closing a loophole that would have allowed developers to donate to candidates in the federal election campaign.
The first thing to note is that Spence did not come close to winning on the point of whether the ban impermissibly burdens the implied freedom of political communication.
Scott Morrison ‘aspiration’ count:
14 May – 21 times
Continue reading...The ALP’s candidate for Dawson confirms ‘scary incident’ where the fuel tank of her car was broken into. All the day’s events, live
And then it ends with this:
PK: Finally, you want to remove Josh Frydenberg, who fought hard for the National Energy Guarantee and for a compromise to move forward on climate change and energy. Is that a smart move?
Patricia Karvelas: One of the critiques of you is past involvement in Link Energy’s purchase of fossil fuel assets in 2010. Do you regret that?
Oliver Yates: I think the question is you need to see it was a company who bought them before I was even on the board. This is part of the Liberal dirt sheet. It’s round to everybody...
Continue reading...Some of central bank’s new numbers match budget while others undermine it
The Reserve Bank’s quarterly economic forecast has been used as campaign fodder by both Scott Morrison and Bill Shorten after some predictions matched those of the government but some undermined it.
On Friday the central bank said it was now forecasting year-average growth of 2.25% for 2018-19 and 2.5% for 2019-20. The figures for this financial year are down on those given by the RBA three months ago, but are “consistent” with the Coalition government’s federal budget forecasts, Scott Morrison said.
Continue reading...Home affairs minister makes rare appearance on the campaign trail while Tanya Plibersek says Labor is ‘not contemplating a royal commission’ into media monopolies. All the day’s events live
OMG the Sky ticker has actually changed to “Latham calls out political correctness”.
This has made my day.
The Sky ticker currently says “Latham criticises ‘leftist elites’” and truly, it is not just death and taxes we can rely on any more in this crazy world, and I for one am grateful for some sort of consistency. It’s comforting.
It would only be more obvious if the ticker said something like “Latham stands against political correctness”, but I guess we have to save some things for tomorrow.
Continue reading...Third leaders’ debate to be hosted by National Press Club as emotions run high after Daily Telegraph story. All the day’s events, live
The leaders are in place, and so are we.
Ring the bell!
The Sydney Morning Herald and the Age reports that Clive Palmer’s political party is “undecided” on vaccines.
You are not reading that wrong, and yes, we have been here before – it was just with Pauline Hanson last time.
Prime minister blames ‘cowardly activists’ after egg misses his head. The economy is again in the spotlight, as both parties wait to hear if the bank will cut interest rates. All the day’s events, live
Prime Minister attacked by a protester at the Country Women’s Associations meeting in Albury. The egg missed his head, but the vision shows that her hand did not. @9NewsBorderNE #9NewsAt6 pic.twitter.com/Bvg0rITray
AAP has also reported the woman accused of attempting to egg the prime minister was protesting against the government’s asylum seeker policies:
Outside the venue, the protester told reporters she didn’t mean to knock the other woman down.
“I don’t want to give a report, no thank you. I’ve got to go to work. No comment,” she told reporters.
Continue reading...Labor leader says he doesn’t share former PM’s concerns that the nation’s spy chiefs are damaging our relationship with China. All the day’s events, live
Well that looks like it answers that question
Don’t expect people like Peter Dutton and Tony Abbott at the Liberal campaign launch - they are busy defending their seats says @JoshFrydenberg who is on tv with me very soon #auspol19
It’s amazing the differences an election campaign can make to people’s positions.
From ABC Adelaide, where Georgina Downer is again trying to take the seat of Mayo off Rebekha Sharkie:
Mayo Liberal candidate Georgina Downer says the minimum wage is “about right” after previously pushing for it to be abolished along with penalty rates.
In an interview with ABC Radio Adelaide this morning, Ms Downer backtracked on comments she made while working at the Institute of Public Affairs about the role of the Fair Work Commission.
Continue reading...The second debate of the campaign produced more sparks than the first, with the Labor leader branding the PM ‘a classic space invader’
Scott Morrison and Bill Shorten have clashed over their tax and climate policies in the second debate of the election campaign.
In a wide-ranging discussion between the two leaders in Brisbane on Friday night, undecided voters put questions to the leaders ranging from support for veterans to climate change.
Continue reading...