Leaders plan reshuffles to their teams

Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 11-Jul-16

The Coalition and the Opposition will make changes to their frontbenches before federal parliament resumes in August 2016. Prime Minister Malcolm Turnbull has indicated that there will be no significant changes to the Coalition’s frontbench, although there is speculation that Sussan Ley will lose the health portfolio. Three portfolios in the outer ministry are also vacant after the incumbents lost their seats in the election.

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

PM joins esteemed company in living on electoral knife’s edge

Original article by Jared Owens
The Australian – Page: 4 : 11-Jul-16

The Coalition seems set to win the 2016 federal election with the slimmest majority on a two-party preferred basis in almost eight decades. It currently boasts 50.13 per cent of the two-party preferred vote, with counting votes not yet complete. Analysis shows that there have been only four elections since 1937 in which a party won the popular vote with a margin of less than 0.5 per cent.

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

One Nation may pull the plug on renewable energy

Original article by Graham Lloyd
The Australian – Page: 6 : 11-Jul-16

The Coalition and the Australian Labor Party both support the introduction of renewable energy targets. However, a rise in electricity prices in some states may make the introduction of renewable energy targets more difficult, while One Nation opposes such targets and wants renewable energy subsidies to be abolished. Climate Institute CEO John Connor has cautioned against allowing clean energy and climate reforms to be derailed.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, ONE NATION PARTY, CLIMATE INSTITUTE (AUSTRALIA) LIMITED, AGL ENERGY LIMITED – ASX AGL, ENERGYAUSTRALIA PTY LTD, AUSTRALIAN ENERGY MARKET COMMISSION

PM faces budget fight after win

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 6 : 11-Jul-16

Cabinet secretary Arthur Sinodinos says the Coalition has a mandate for its Budget measures after winning the 2016 federal election. He has also downplayed the impact that proposed superannuation reforms had on the election result. The super reforms are likely to be a key issue on the agenda for a party-room meeting on 18 July, with the $A500,000 lifetime cap on contributions likely to come under particular scrutiny. There is also growing acceptance within the Coalition that its 10-year policy to reduce the company tax rate will not pass the Senate in its entirety.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA

Shorten to keep job as party celebrates new unity

Original article by Rosie Lewis
The Australian – Page: 5 : 8-Jul-16

The Australian Labor Party’s caucus rules will require a leadership spill, but Opposition Leader Bill Shorten is poised to be re-elected unopposed on 8 July 2016. Shorten emphasised Labor’s "unity of purpose" during a visit to Perth on 7 July. Meanwhile, the party’s Left faction is expected to seek additional representation on the Opposition’s frontbench in the wake of the federal election.

CORPORATES
AUSTRALIAN LABOR PARTY

Turnbull set to win majority

Original article by David Crowe
The Australian – Page: 1 & 4 : 8-Jul-16

The Australian Labor Party has not yet formally conceded defeat in the 2016 federal election, but Opposition Leader Bill Shorten says the Coalition is now likely to be returned to office. The Coalition appears increasingly likely to attain the 76 lower house seats it needs to govern in its own right, with four seats still undecided. Independent MP Bob Katter has also indicated that he will support the Coalition.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN DEFENCE FORCE

United Voice penalty rates push key to marginal swing

Original article by Sarah Martin
The Australian – Page: 8 : 7-Jul-16

David McElrea, the assistant secretary of United Voice, says the union movement’s campaign on the issue of penalty rates in 10 marginal was a significant contributor to the large swing to the Australian Labor Party in the federal election. The union-backed campaign included text messages, robocalling and digital advertising, and played on fears that the Coalition would reduce weekend penalty rates in the retail and hospitality sectors if it is re-elected.

CORPORATES
UNITED VOICE, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, REACHTEL PTY LTD

Negative gearing back on table

Original article by Samantha Hutchinson
The Australian – Page: 6 : 7-Jul-16

Property industry experts are concerned that the Coalition may change its stance on the negative gearing regime in the wake of the federal election. There are indications that some crossbenchers may support the Australian Labor Party’s proposed negative gearing reforms, which could in turn force the Coalition to reconsider its commitment to the existing regime. However, at least two independents – Bob Katter and Cathy McGowan – support the existing rules on negative gearing.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, NICK XENOPHON TEAM, ONE NATION PARTY, CENTURY 21 REAL ESTATE, GRATTAN INSTITUTE, PROPERTY COUNCIL OF AUSTRALIA LIMITED

PM finally set to scrape home

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 2 : 7-Jul-16

Seven undecided seats are likely to determine the outcome of the 2016 federal election. The Coalition appears to have won 72 seats to date, and Treasurer Scott Morrison is "very confident" that it will secure the 76 lower house seats required to form a majority government. However, Prime Minister Malcolm Turnbull will hold meetings with several crossbenchers as a contingency plan in the event that the Coalition falls short of this target. Counting of votes is continuing, but the Australian Labor Party currently has 50.2 per cent of the popular vote on a two-party preferred basis.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF HEALTH, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA, VICTORIA. DEPT OF PREMIER AND CABINET, VICTORIA. COUNTRY FIRE AUTHORITY

Party message missed the mark, says Hastie

Original article by
The Australian – Page: 5 : 7-Jul-16

Liberal Party MP Andrew Hastie has retained the seat of Canning with a margin of 6.2 per cent, after a swing against him of 5.1 per cent in the federal election. Hastie is the latest Coalition MP to criticise the Liberal Party’s election campaign, noting that policies such as company tax cuts and the innovation agenda had little relevance for many Australians. Hastie also says Coalition backbenchers must be consulted regarding any negotiations with crossbenchers.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA