Liberal backbenchers urge Coalition not to raid foreign aid budget to pay for rumoured $15bn defence boost

Original article by Henry Belot
The Guardian Australia – Page: Online : 25-Mar-25

Recent media reports suggested that the Coalition may be open to increasing defence expenditure by at least $15bn a year if it wins the federal election. Some Liberal MPs have expressed concern that funding may be redirected from foreign aid to boost defence spending. A Liberal backbencher has warned that China may step in to fill the funding void if Australia were to reduce foreign aid to its neigbours in the Pacific region. The UK government recently opted to reduce foreign aid in order to increase defence spending, while the Trump administration has paused foreign aid.

CORPORATES
LIBERAL PARTY OF AUSTRALIA

Lib takes aim at teal with corruption probe call

Original article by Rhiannon Down, Greg Brown
The Australian – Page: 7 : 25-Mar-25

Former Liberal MP Jason Falinski has called for a National Anti-Corruption Commission investigation into MP Zoe Daniel to be re-opened. Daniel had been accused of misusing commonwealth resources, but was cleared by the NACC earlier this year. It came after consultant Jim Middleton approached The Australian Financial Review about dropping Climate 200 founder Simon Holmes a Court from its 2024 Power list, with Holmes a Court having funded Daniel’s 2022 election campaign. The NACC found that Middleton was working as a temporary part-time consultant for Daniel and was being paid by her private not-for-profit company rather than the Commonwealth at the time of his approach to the AFR, but Falinski contends he has evidence that indicates that Middleton was still a ‘senior adviser’ to Daniel at the time, with Falinski accusing her of misleading the NACC.

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LIBERAL PARTY OF AUSTRALIA, AUSTRALIA. NATIONAL ANTI-CORRUPTION COMMISSION

Top-heavy bureaucracy needs efficiency, not cuts

Original article by Ewin Hannan
The Australian – Page: 4 : 25-Mar-25

Public Service Minister Katy Gallagher believes that the federal public service is "roughly the right size now", at about 209,000 people. A former head of the Australian Public Service Commission, Andrew Podger, agrees that the number of public servants is "probably about right". However, he says there are inefficiencies in the public service that must be addressed; amongst other things, Podgers contends that the number of deputy secretaries is too high, while some bureaucrats are paid too much. The federal government has increased the public service head count by about 36,000 since taking office in May 2022.

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AUSTRALIAN PUBLIC SERVICE COMMISSION

Coalition denies plans to slash NDIS, but says cost is out of control

Original article by Sarah Basford Canales
The Guardian Australia – Page: Online : 25-Mar-25

The National Disability Insurance Scheme’s growth rate is forecast to reach 12 per cent in 2024-25, before falling in the next two financial years. The national cabinet agreed to cap the scheme’s growth rate at eight per cent by mid-2026, but shadow NDIS minister Michael Sukkar says Labor is missing the targets it has set. Meanwhile, shadow public service minister Jane Hume contends that more can be done to reign in the scheme’s growth, arguing that its cost is out of control. NDIS Minister Amanda Rishworth says the Liberals cannot be trusted with the NDIS, and she has urged the party to reveal the cuts it plans to make if it wins the upcoming federal election.

CORPORATES
AUSTRALIA. DEPT OF SOCIAL SERVICES, LIBERAL PARTY OF AUSTRALIA

Trump suggests auto, pharma tariffs might not come on April 2

Original article by
The Australian – Page: Online : 25-Mar-25

US President Donald Trump is scheduled to announce reciprocal tariffs on the nation’s trading partners on 2 April. Trump has previously stated that sector-specific tariffs will take effect at about the same time. They were expected to include the automotive and pharmaceutical sectors; however, Trump has told a cabinet meeting that automotive tariffs will be announced "very shortly", while pharmaceutical tariffs will be revealed "at some point". Shares in Tesla rallied by nearly 12 per cent in response to indications that the tariff on automobiles may not take effect in early April. A White House official has confirmed that sector-specific tariffs "may or may not happen" on 2 April, although reciprocal tariffs will be imposed from this date. Meanwhile, Trump has revealed that a "secondary tariff" of 25 per cent on countries that buy oil from Venezuela will also take effect on 2 April; he has accused the country of sending "tens of thousands" of criminals to the US.

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UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

ALP’s fiscal reckoning

Original article by Geoff Chambers, Matthew Cranston
The Australian – Page: 1 & 4 : 25-Mar-25

Treasurer Jim Chalmers says the federal budget is in much better shape than when Labor took office in May 2022. He adds that tonight’s budget will help to "finish the fight against inflation" and ease the cost-of-living crisis. The budget papers are expected to show that gross debt will total $940bn in 2024-25, which equates to about 36 per cent of GDP; this compares with the forecast of 35.2 per cent in the 2024 budget. Chalmers has emphasised Labor’s economic credentials, noting that it has delivered two surpluses in its first term and reduced the former Coalition government’s debt by $177bn. However, the budget will be in deficit for 2024-25, and Chalmers has conceded that it is unlikely to return to surplus for at least a decade.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY

Roy Morgan Poll: ALP holds election winning lead pre-Budget despite small swing to Coalition this week: ALP 53% cf. L-NP 47%

Original article by Roy Morgan
Market Research Update – Page: Online : 25-Mar-25

If a Federal Election were held now the ALP would be returned to Government with an increased majority with the ALP on 53% (down 1.5% from a week ago) ahead of the L-NP Coalition on 47% (up 1.5%) on a two-party preferred basis, the latest Roy Morgan survey finds. Roy Morgan Government Confidence dropped 4.5 points to 80 with only 32.5% (down 2.5%) of Australians saying the country is ‘going in the right direction’ compared to 52.5% (up 2%) that say the country is ‘going in the wrong direction’. Primary support for both major parties increased with the Coalition up 1.5% to 35.5% and the ALP up 1% to 33.5%. Support for the Greens dropped 1% to 12.5%, One Nation was down 1% to 4%, Other Parties were unchanged at 4.5% and Independents were down 0.5% to 10%.

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ROY MORGAN LIMITED, MORGAN POLL, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN GREENS, ONE NATION PARTY

Chris Bowen says renewables the right path despite energy price spikes

Original article by Greg Brown,(SPACE)Colin Packham
The Australian – Page: Online : 14-Mar-25

Opposition Leader Peter Dutton said on Thursday that it was time for Energy Minister Chris Bowen to be sacked, following a draft ruling by the Australian Energy Regulator that will see electricity prices rise by as much as nine per cent from July. Dutton claimed that household power bills have gone up by as much as $1,300 under Labor, and that the Coalition will restore "balance" to the electricity sector by abandoning Labor’s 82 per cent renewables target. However, Bowen maintains Labor’s push to boost the amount of electricity that is generated from renewable energy is the right way to go in terms of getting energy prices down, and that the Coalition’s intention of keeping coal in the system for longer would result in even higher electricity costs for Australians.

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AUSTRALIA. DEPT OF CLIMATE CHANGE, ENERGY, THE ENVIRONMENT AND WATER,(SPACE)AUSTRALIAN ENERGY REGULATOR,(SPACE)AUSTRALIAN LABOR PARTY

Families lost $19,000 a year, says Coalition

Original article by John Kehoe
The Australian Financial Review – Page: 3 : 14-Mar-25

Recently published national accounts data revealed that real household disposable income per person has fallen 7.9 per cent since just before the May 2022 federal election. Analysis of this data by the Coalition has led it to conclude that households have $19,000 less disposable income to spend a year than before Labor came to power, with shadow treasurer Angus Taylor saying that even Treasurer Jim Chalmers’ figures suggest it will be at least 2030 before people will be as well off as they were before Labor came to power. However, Australian National University economist Ben Phillips says pandemic-era stimulus meant living standards were not as bad as suggested by Taylor, with Phillips saying real household disposable income per person was similar over the five years to 2024 to what it was under the Coalition for the five years before the pandemic.

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AUSTRALIAN NATIONAL UNIVERSITY

PM steels for food fight after critical offer fails to win over Trump

Original article by Ben Packham,(SPACE)Perry Williams
The Australian – Page: 1 & 4 : 14-Mar-25

The federal government’s offer of a critical minerals deal with the US remains on the table, despite it not helping to persuade Donald Trump to exempt Australia from his 25 per cent tariffs on steel and aluminium. The government hopes that the deal can help Australia’s case as Trump prepares to make his ‘reciprocal tariffs announcement’ on 2 April, which could hit a range of Australian products, including beef, seafood and other food exports. With the Australian food export industry worth $75 billion, Trade Minister Don Farrell will tell the Global Food Forum in Melbourne on Friday that the federal government will do its best to protect the food industry from Trump’s next lot of tariffs.

CORPORATES
AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE