AUSTRALIA – POLITICS AND GOVERNMENT

Nats upset by watchdog threat to grants fund

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Original article by Sarah Ison
The Australian – Page: 7 : 4-Oct-22

Federal Attorney-General Mark Dreyfus has suggested that the proposed National Anti-Corruption Commission could be given the power to investigate the targeting of seats through grant programs. However, Nationals leader David Littleproud says such programs are a mechanism for seeing that regional areas get their fair share of funding, and that they should not come under the remit of the NACC. Former Nationals leader Barnaby Joyce says it does not view ‘pork barrelling’ as corruption but as a way of taking care of regional towns. Meanwhile, the Coalition has called for a high-ranking judge to make the final decision on whether NACC hearings are held in public.

CORPORATES
AUSTRALIA. ATTORNEY-GENERAL’S DEPT, NATIONAL PARTY OF AUSTRALIA

Labor canvasses capping stage three tax cuts

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 4-Oct-22

The federal government has ruled out scrapping the stage-three income tax cuts that are slated to take effect in mid-2024, although it may be open to scaling them back. The Greens and the majority of independents in the Senate favour winding back the tax cuts, which will primarily benefit people on higher incomes. Labor could potentially announce any change in its stance on the legislated tax cuts in the Budget on 25 October. The British government has reversed its decision to abolish the nation’s top tax rate, and the Greens have urged Labor to follow its example.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS

ALP’s deficit warning despite $50bn boost

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Original article by Patrick Commins
The Australian – Page: 1 & 2 : 21-Sep-22

Treasurer Jim Chalmers has advised that the Budget deficit for 2021-22 is now likely to be around $30bn, compared with expectations of about $79.8bn just four months ago. Government revenue has been $28bn higher than forecast due to factors such as rising commodity prices. Government payments are in turn $20bn lower than expected, with a record low official unemployment rate resulting in a sharp fall in welfare payments. However, Chalmers says the improvement in the Budget bottom line has been largely driven by temporary factors, and he notes that the prices of key commodities have fallen since the start of the financial year. Chalmers is expecting a bigger deficit for 2022-23.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY

Speaker rejects Greens push to refer Morrison to privileges committee

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Original article by Sarah Martin, Paul Karp
The Guardian Australia – Page: Online : 24-Aug-22

Solicitor-General Stephen Donaghue has advised the federal government that former prime minister Scott Morrison did not break the law in secretly appointing himself to five ministerial portfolios. However, his report concluded that Morrison had "fundamentally undermined" the principles of responsible government. Prime Minister Anthony Albanese has flagged an inquiry into Morrison’s actions. Meanwhile, the Greens’ bid to have Morrison referred to parliament’s privileges committee has been rejected by the House of Representatives’ Speaker Milton Dick; he said there was not enough evidence to suggest that Morrison had deliberately misled parliament.

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

Jobs summit to focus on employment for people with disability

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Original article by Stephen Lunn
The Australian – Page: Online : 17-Aug-22

Social Services Minister Amanda Rishworth says action is needed to get more people with a disability into the workforce. She argues that such people make significant contributions to the workplace, and hiring them should not be seen as an optional or charitable act. Rishworth will host a disability employment roundtable in Canberra on Monday, ahead of the jobs and skills summit. Data from the Australian Bureau of Statistics shows that more than more than 220,000 people of working age with a disability are not currently in the labour force but want to work and are looking for a job.

CORPORATES
AUSTRALIA. DEPT OF SOCIAL SERVICES, AUSTRALIAN BUREAU OF STATISTICS

Morrison sorry as PM vows action on secrecy

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Original article by Rosie Lewis, Geoff Chambers
The Australian – Page: 1 & 5 : 17-Aug-22

Former prime minister Scott Morrison has defended his actions in secretly appointing himself to five cabinet portfolios. He believes that the move had been "prudent and responsible", as it would enable him to take charge of key portfolios if the relevant minister became incapacitated due to COVID-19, rather than placing the portfolio in the hands of a junior minister. Former home affairs minister Karen Andrews – who had not been aware that Morrison had seized her portfolio – has called for him to resign from parliament, although Opposition leader Peter Dutton says he should stay on. Prime Minister Anthony Albanese says Morrison has undermined the Westminster system of government, and has flagged the possibility of legal reforms to prevent such an abuse of power in the future. He adds that other people will need to be held accountable for the scandal.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

RBA deliberately setting up for a recession: ACTU

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Original article by Michael Read, David Marin-Guzman
The Australian Financial Review – Page: 4 : 10-Aug-22

The ACTU has released a policy paper which argues that full and secure employment should be the top macroeconomic priority for the Jobs and Skills Summit. The report was written by Jim Stanford from the Centre for Future Work; he argues that the Reserve Bank’s "whatever it takes" approach to returning inflation to its target range means it is willing to cause a recession and massive job losses in order to do so. The ACTU wants the summit to consider a fairer and more comprehensive inflation-reducing policy, and greater regulation of labour markets to ensure that real wages growth is in line with productivity.

CORPORATES
ACTU, THE AUSTRALIA INSTITUTE LIMITED. CENTRE FOR FUTURE WORK, RESERVE BANK OF AUSTRALIA

FOI documents show Dutton’s ‘captain’s call’ to make senior Liberal head of defence thinktank

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Original article by Tory Shepherd
The Guardian Australia – Page: Online : 10-Aug-22

The former Coalition government appointed Justin Bassi to succeed Peter Jennings as executive director of the Australian Strategic Policy Institute shortly before it called the 21 May election. Bassi was the chief of staff to foreign affairs minister Marise Payne at the time; documents obtained via freedom of information show that former defence minister Peter Dutton selected Bassi for the role even though the ASPI itself preferred one of the other five candidates. The ASPI is partially funded by the Department of Defence, but its charter states that it is independent. Labor had warned Dutton against making a "political captain’s call" regarding the ASPI appointment.

CORPORATES
AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED, AUSTRALIA. DEPT OF DEFENCE, AUSTRALIAN LABOR PARTY

Dutton presses button on the nuclear debate

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Original article by Greg Brown
The Australian – Page: 5 : 3-Aug-22

Federal Opposition Leader Peter Dutton says the energy crisis has demonstrated the need for more dispatchable power in the electricity grid. He adds that the nation must have an honest and informed debate on the benefits and costs of nuclear energy. Dutton has advised that the Coalition will hold an internal party review on the issue of nuclear energy; he says it is mature, proven technology that can provide reliable, emissions-free, base-load electricity. Minerals Council of Australia CEO Tania Constable has welcomed the Coalition’s commitment to looking at the option of nuclear energy, but Energy Minister Chris Bowen contends that more renewable energy is the solution to rising power prices.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, MINERALS COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF CLIMATE CHANGE, ENERGY, THE ENVIRONMENT AND WATER

Climate change bill set to pass

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Original article by Geoff Chambers, Rosie Lewis
The Australian – Page: 1 & 5 : 3-Aug-22

The federal government’s climate bill may be put to a vote in the House of ­Representatives as early as ­Wednesday. The bill to enshrine a 43 per cent per cent emissions reduction target in law is expected to be passed after the Greens and teal independents pushed for amendments that are likely to be accepted by Labor. Meanwhile, Opposition Leader Peter Dutton has indicated that the Coalition will review its emissions reduction targets ahead of the next election. The Senate is likely to vote on the climate bill in September, with the government requiring the support of the Greens and at least one crossbencher.

CORPORATES
AUSTRALIAN GREENS, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA