ELECTIONS – AUSTRALIA

Turnbull must leave the Lodge and the parliament – now

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Original article by Terry McCrann
Herald Sun – Page: 3 : 4-Jul-16

Even if the Coalition is returned to office as a minority government, Malcolm Turnbull cannot be permitted to remain in the role of prime minister. He must either resign or be sacked by the Liberal Party, or the National Party must withdraw its support for the coalition if Turnbull remains at the helm. He has lost the healthy majority in parliament gained under predecessor Tony Abbott in 2013, while the Senate voting reforms have made the upper house even more dysfunctional and ensured that the Coalition cannot get its legislation passed.

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

Election shock means tougher job for RBA

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Original article by Vesna Poljak
The Australian Financial Review – Page: 28 : 4-Jul-16

The Australian sharemarket is expected to lose ground when trading resumes on 4 July 2016. Uncertainly regarding the outcome of the federal election is likely to weigh on investor sentiment, while the Australian dollar is tipped to fall after peaking at $US0.7503 in local trading on 1 July. Stephen Walters of the Australian Institute of Company Directors says Australia’s "AAA" credit rating may be reviewed as a result of the election. Meanwhile, economists say the Reserve Bank is now unlikely to reduce the cash rate in July.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, AUSTRALIAN INSTITUTE OF COMPANY DIRECTORS, AUSTRALIAN INSTITUTE OF COMPANY DIRECTORS, RESERVE BANK OF AUSTRALIA, FIIG SECURITIES LIMITED, DOW JONES INDUSTRIAL AVERAGE INDEX, STANDARD AND POOR’S 500 INDEX, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Serious money on Coalition: bookies

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Original article by Michael Koziol, Nicole Hasham
The Canberra Times – Page: 6 : 1-Jul-16

Bookmakers say that betting trends suggest that the Australian Government will be re-elected on 2 July 2016. The Australian Labor Party’s chances of winning have lengthened to $A7, according to Centrebet’s odds, compared with $A1.10 for the Coalition. However, experience shows that the odds are not always a reliable guide. Labor won the 2015 election in Queensland despite punters backing the Coalition, while the odds suggested that Britons would vote to remain in the European Union.

CORPORATES
CENTREBET INTERNATIONAL LIMITED, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, LIBERAL-NATIONAL PARTY OF QUEENSLAND, SPORTSBET AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, FAIRFAX MEDIA LIMITED – ASX FXJ, IPSOS AUSTRALIA PTY LTD

Burn the votes

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Original article by Ellen Whinnett, Rob Harris, Annika Smethurst
Herald Sun – Page: 1 & 4 : 1-Jul-16

There is concern within the Australian Labor Party that the dispute over union control of Victoria’s Country Fire Authority may cost it the federal election. Labor must win 21 seats nationwide in order to win the election, but it now seems unlikely to win the Victorian marginal seats of Dunkley and Corangamite due to the CFA dispute. Some federal Labor MPs have criticised the handling of the dispute by Premier Daniel Andrews, with federal Opposition Leader Bill Shorten also expressing dissatisfaction with the state government’s actions.

CORPORATES
AUSTRALIAN LABOR PARTY, VICTORIA. COUNTRY FIRE AUTHORITY, VICTORIA. DEPT OF PREMIER AND CABINET, UNITED FIREFIGHTERS’ UNION OF AUSTRALIA, VICTORIA. DEPT OF JUSTICE AND REGULATION, GALAXY RESEARCH PTY LTD

Coalition declines more IR changes

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Original article by Ewin Hannan
The Australian Financial Review – Page: 6 : 1-Jul-16

Cabinet secretary Arthur Sinodinos has indicated that the Coalition will consider the Productivity Commission’s recommendations on workplace reform if it wins the federal election. The Coalition has in the past expressed its intention to respond to the recommendations prior to the poll, but Sinodinos said the Coalition will consult with all interested parties before issuing a formal response. Australian Chamber of Commerce & Industry CEO James Pearson says the business sector will continue to push for industrial relations reform.

CORPORATES
AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, AUSTRALIA. ROAD SAFETY REMUNERATION TRIBUNAL, ACTU

PM puts tax cuts on first day agenda

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Original article by David Crowe
The Australian – Page: 1 & 6 : 1-Jul-16

Prime Minister Malcolm Turnbull says the Coalition is a united team and is committed to implementing its economic plan. In his last major speech of the election campaign, Turnbull identified tax cuts for employees and small businesses as the Coalition’s top priority if it is re-elected. Industrial relations will also be a priority, including legislation to reinstate the Australian Building & Construction Commission. Turnbull also emphasised that a strong economy is essential for the delivery of government services such as healthcare and education.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, AUSTRALIA. DEPT OF HUMAN SERVICES, AUSTRALIAN GREENS, FAIRFAX MEDIA LIMITED – ASX FXJ, IPSOS AUSTRALIA PTY LTD, VICTORIA. COUNTRY FIRE AUTHORITY, NATIONAL PRESS CLUB (AUSTRALIA)

Coalition fuels Brexit sentiment: Shorten

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Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 29-Jun-16

Federal Opposition Leader Bill Shorten gave a speech at the National Press Club on 28 June 2016. He warned that the Coalition’s policies will lead to the social discontent that has led to the UK’s vote to leave the European Union and the popularity of US presidential candidate Donald Trump. In particular, Shorten noted the Coalition’s plan to progressively scale back the company tax rate while reducing funding for health, education and welfare services. He added that the political and economic lesson from "Brexit" must not be ignored.

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

‘US has Trump, you’ve got me’: Hanson ready to rock the boat

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Original article by Michael McKenna
The Australian – Page: 7 : 29-Jun-16

One Nation Leader Pauline Hanson has identified immigration and foreign investment as her key priorities if she is elected to the Senate on 2 July 2016. Hanson is confident of winning a Queensland seat in the Senate, and some public opinion polls suggest that she will be elected to the upper house two decades after she first made her present felt in the nation’s parliament. Hanson is critical of Coalition policies such as the national broadband network and the construction of a new submarine fleet, while she has reservations about the proposed company tax cuts.

CORPORATES
ONE NATION PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA

Find that extra faith as true believers: Shorten

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Original article by Rosie Lewis
The Australian – Page: 7 : 27-Jun-16

The Australian Labor Party held its second federal campaign launch on 26 June 2016, on the same day that the Coalition officially launched its election campaign. Opposition Leader Bill Shorten said the future of Medicare will be a key theme for Labor during the remainder of the election campaign, and he warned of the risks of re-electing a "divided" Coalition government.

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

PM’s Brexit pitch for stability

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 27-Jun-16

Prime Minister Malcolm Turnbull officially launched the Coalition’s election campaign on 26 June 2016. He warned that voting for minor political parties could result in the Opposition forming a minority government, arguing that the economic and financial market uncertainty created by the UK’s vote to leave the European Union means the Coalition is best-placed to manage the Australian economy. Turnbull also announced some $A390m of new spending measures.

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