Surprise support for airline compo scheme

Original article by Robyn Ironside
The Australian – Page: 15 : 30-Jan-24

Emirates president Tim Clark has expressed support for compensating Australian airline passengers for flight delays or cancellations. A compensation scheme for travellers is among the options that will be considered in the federal government’s aviation white paper. Clark contends that airlines should be held to account for putting their own financial interests ahead of those of their passengers. However, he cautions that the government must consult with the aviation industry regarding any such scheme.

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EMIRATES AIRLINES

Coalition splits over ALP tax cuts overhaul

Original article by Rosie Lewis, Jess Malcolm, Sarah Ison
The Australian – Page: 1 & 4 : 30-Jan-24

Shadow cabinet ministers will meet on Tuesday to discuss the federal government’s proposed changes to the legislated stage-three tax cuts. Senior sources within the Liberal Party have suggested that the Coalition will seek amendments to Labor’s legislation but is unlikely to vote against it. Judo Bank’s chief economic adviser Warren Hogan said it would be hard for the Coalition to oppose Labor’s tax changes, although he says it could pursue the ‘reform element’ of the original income tax cuts package ahead of the next election.

CORPORATES
AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, JUDO BANK PTY LTD

ALP support plunges 2% after breaking promise on Stage 3 tax cuts: ALP 50.5% cf. L-NP 49.5%

Original article by Roy Morgan
Market Research Update – Page: Online : 30-Jan-24

The latest Roy Morgan survey on Federal voting intention shows that support for Labor has fallen by 2% to 50.5% on a two-party preferred basis, and is now just ahead of the Coalition on 49.5% (up 2%). Support for Labor fell after the government broke its promise not to change the stage-three tax cuts; if this week’s result was repeated at a Federal Election held now there would be a hung parliament, with the balance of power held by minor parties and independents. Labor’s primary support dropped 1.5% to 31%, while Coalition support increased by 1.5% to 37.5%. The Greens increased 0.5% to 13% and One Nation increased 0.5% to 5%. Support for Independents & Other Parties was down 1% to 13%. The latest Roy Morgan survey is based on interviewing a representative cross-section of 1,688 Australian electors from January 22-28.

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

Morrison quits to join forces with Pompeo

Original article by Simon Benson
The Australian – Page: 1 & 2 : 24-Jan-24

Former prime minister Scott Morrison will become the vice-chairman of American Global Strategies following his retirement from parliament at the end of February. The boutique strategic advisory firm was co-founded by Robert O’Brien, a former national security adviser to the Trump administration. Morrison will also work with former US secretary of state Mike Pompeo as a strategic adviser to asset management firm DYNE. The by-election in Morrison’s Sydney seat of Cook is expected to be held ahead of the federal government’s budget in May; Morrison retained the seat with a comfortable margin at the 2022 election, despite a large swing against him.

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AMERICAN GLOBAL STRATEGIES

Labor urged to recognise Palestinian state without further delay after Israeli PM’s rejection of two-state solution

Original article by Daniel Hurst, Paul Karp
The Guardian Australia – Page: Online : 24-Jan-24

The federal government has consistently supported a two-state solution for Israel and Palestine, although Israeli Prime Minister Benjamin Netanyahu recently ruled out this option. Izzat Abdulhad, who is the head of the general delegation of Palestine to Australia, says the federal government should both express disappointment at Netanyahu’s position and recognise the State of Palestine without further delay. He adds that the government should also adopt the position of the European Union’s foreign policy chief, Josep Borrell, who has contended that a two-state solution may need to be imposed from outside in order to achieve peace.

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Labor to break tax cut promise

Original article by Phillip Coorey, Tom McIlroy
The Australian Financial Review – Page: 1 & 4 : 24-Jan-24

The federal government is set to break a key election pledge by making changes to the legislated stage-three personal income tax cuts. The proposed changes were discussed at a cabinet meeting on Tuesday, and will be endorsed by Labor’s caucus on Wednesday. Amongst other things, the government is expected to retain the 37 per cent income tax rate that was to have been abolished in July, although the current income threshold of between $120,000 and $180,000 will be increased. Prime Minister Anthony Albanese is slated to announce the changes to the tax cuts package and new cost-of-living relief measures at a National Press Club speech on Thursday.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Greens warn Labor stage-three tax cuts will add to inflation and bring little relief for most workers

Original article by Paul Karp
The Guardian Australia – Page: Online : 23-Jan-24

Prime Minister Anthony Albanese has given strong indications that further cost-of-living relief will be on the federal government’s agenda at a caucus meeting on Wednesday. However, the government has downplayed reports that it will make changes to the legislated stage-three personal income tax cuts, including retaining the existing top marginal tax rate and increasing the tax-free threshold. Meanwhile, the Greens have written to Treasury Jim Chalmers arguing amongst other things that the tax cuts package is unsustainable, primarily benefits wealthy people and will be inflationary.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN GREENS, AUSTRALIA. DEPT OF THE TREASURY

Roy Morgan’s latest Federal voting intention poll shows ALP 52.5% cf. L-NP 47.5% in election winning lead

Original article by Roy Morgan
Market Research Update – Page: Online : 23-Jan-24

Support for Labor has increased 1% to 52.5% ahead of the Coalition on 47.5% (down 1%) on a two-party preferred basis, according to the latest Roy Morgan survey on Federal voting intention. This week saw a confirmation of trends evident a week ago, after the ABS announced lower-than-expected inflation numbers, with ALP support increasing for a second straight week, up 1% to 32.5%, while Coalition support dropped 1% to 36%. The Greens increased 0.5% to 12.5% and One Nation increased 0.5% to 5%. Support for Independents & Other Parties was down 1% to 14%. The latest Roy Morgan survey is based on interviewing a representative cross-section of 1,675 Australian electors from January 15-21.

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

CFMEU to Burke: Stay out of DP World row

Original article by Ronald Mizen
The Australian Financial Review – Page: 7 : 17-Jan-24

Workplace Relations Minister Tony Burke is slated to meet with executives from port operator DP World Australia on Thursday. The stevedoring firm is likely to urge the federal government to intervene in its long-running dispute with the Maritime Union of Australia. Opposition leader Peter Dutton recently urged Burke and Prime Minister Anthony Albanese to step in, contending that failure to do so would give the MUA a ‘green light’ to keep pursuing industrial action. However, the CFMEU’s national secretary Zach Smith warns that government intervention in the dispute would set a "dangerous precedent".

CORPORATES
DP WORLD AUSTRALIA PTY LTD, MARITIME UNION OF AUSTRALIA, AUSTRALIA. DEPT OF EMPLOYMENT AND WORKPLACE RELATIONS, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA

Teal demand 75pc emissions target by 2035

Original article by Rosie Lewis
The Australian – Page: 4 : 17-Jan-24

Teal MPs in Sydney, Melbourne and Perth are pushing for a much more ambitious 2030 emissions reduction target than the federal government’s legislated policy of 43 per cent. Some of them want this target to be reset to around 50 to 60 per cent. The independent MPs contend that people in their electorate want "real "climate action" rather than "another decade of delay". Kylea Tink, Allegra Spender and Kate Chaney are among the teals who advocate stricter emission controls beyond the 2030 target, proposing a 2035 target of around 75 per cent. The government aims to set a 2035 target by February 2024.

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