ELECTIONS – AUSTRALIA

Taylor vows costings will beat Labor’s

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 15-Apr-25

Shadow treasurer Angus Taylor says the Coalition will not adopt Labor’s policy that would involve an optional $1,000 tax deduction for work-related expenses, which is slated to cost $2.4 billion over four years. Taylor says this is because the Coalition’s election spending promises that aim to ease cost-of-living measures are temporary ones, whereas he says Labor is focused on recurrent spending, and that the Coalition’s costings will result in a stronger bottom line than under Labor because of their temporary nature. His comments were echoed by Opposition Leader Peter Dutton on Monday, who likened the Coalition’s temporary measures to the government assistance that was issued during the pandemic.

CORPORATES
AUSTRALIAN LABOR PARTY

Marles stays mum on US role in port U-turn

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Original article by Ronald Mizen
The Australian Financial Review – Page: 5 : 8-Apr-25

The federal government continues to attract scrutiny over its decision to terminate a Chinese company’s 99-year on the Port of Darwin if it wins the 3 May election. A review of the lease in 2023 had concluded that it was not necessary to vary or cancel Landbridge’s lease. Defence Minister Richard Marles addressed a press conference on Monday, but he declined to elaborate on why Labor’s position on the port lease has changed. Marles said the government has had discussions with US regarding the lease, and also decline to comment on whether this contributed to Labor’s new stance. Labor pre-empted Opposition leader Peter Dutton’s own announcement on cancelling Landbridge’s lease.

CORPORATES
AUSTRALIA. DEPT OF DEFENCE, AUSTRALIAN LABOR PARTY, LANDBRIDGE GROUP COMPANY LIMITED, PORT OF DARWIN, LIBERAL PARTY OF AUSTRALIA

Dutton playing Donald Trump anti-migration card in plan to slash international students, higher education peak body says

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Original article by Caitlin Cassidy
The Guardian Australia – Page: Online : 8-Apr-25

International Education Association of Australia CEO, Phil Honeywood says the Coalition did not consult with the sector on its proposal to cap new international student numbers at 240,000 a year. This is skewed towards TAFE and private vocational education and training providers, rather than the nation’s public universities. Honeywood notes that the Coalition has traditionally been more inclined to support independent providers over their public counterparts. Former immigration bureaucrat Abul Rizvi in turn notes that the private VET sector has a history of "rorts and dodgy qualifications".

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INTERNATIONAL EDUCATION ASSOCIATION OF AUSTRALIA

Unions warn Coalition’s job cuts could exceed 41,000

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Original article by Ewin Hannan
The Australian – Page: 6 : 8-Apr-25

Opposition leader Peter Dutton is under scrutiny over his backdown over plans to slash federal public service numbers. The Community & Public Sector Union’s national secretary Melissa Donnelly says the Coalition’s new policy of reducing the public service via natural attrition and hiring freezes over five years could result in the loss of much more than the 41,000 jobs that Dutton had initially flagged. ACTU secretary Sally McManus in turn has criticised Dutton’s backdown on a return-to-office mandate for public servants; she says legal advice suggests that Dutton could not enforce this without legislative changes that would also remove working-from-home rights for all workers.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, COMMUNITY AND PUBLIC SECTOR UNION, ACTU

Allan stands by signature rail loop

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Original article by Lily McCaffrey, Amelia Swan
The Australian – Page: 5 : 2-Apr-25

Victoria’s Premier Jacinta Allan says she remains "determined" to go ahead with the Suburban Rail Loop in the wake of the Coalition’s decision to scrap all federal funding for the controversial project if it wins the 3 May election. However, Allan declined to comment on how the state will pay for the project if federal funding is withdrawn. Federal Opposition leader Peter Dutton has described the SRL as a "$200bn pipe dream"; he contends that Allan, Prime Minister Anthony Albanese and the CFMEU are the only ones that are in favour of it. Dutton intends to redirect SRL funding to other road and rail projects in Victoria.

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

Gas producers question whether Coalition’s energy plan will cut consumer prices

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Original article by Kate Lyons, Adam Morton
The Guardian Australia – Page: Online : 2-Apr-25

Shell Australia chair Cecile Wake is amongst the energy industry executives who attended the Australian Domestic Gas Outlook conference on Tuesday. She noted the lack of detail in the proposed ‘east coast gas reservation policy’ which Opposition leader Peter Dutton announced in his recent budget reply speech. Dutton’s policy would require gas exporters to redirect an additiona1 10-20 per cent of their output to the domestic market. Wake says the policy could see gas supply in the domestic market exceed demand, which could in turn result in gas prices falling to a level where future investment decisions are not economic. She adds that an oversupply may not necessarily result in lower gas prices for households and businesses.

CORPORATES
SHELL COMPANY OF AUSTRALIA LIMITED, LIBERAL PARTY OF AUSTRALIA

Economists warning over Greens’ demands over tax, spending agenda

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Original article by Matthew Benns
Herald Sun – Page: Online : 1-Apr-25

The independent Parliamentary Budget Office’s analysis suggests that the Greens’ policy demands in return for supporting a minority Labor government would cost about $110bn. Amongst other things, the Greens want to expand Medicare to include dental services, which would cost an estimated $46bn over four years. The Greens propose to finance its policies via a 40 per cent tax on the excessive profits of large companies and by increasing the tax rate of 150 billionaires. EQ Economics’ MD Warren Hogan says large companies and billionaires would simply take their money – and jobs – offshore.

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AUSTRALIA. PARLIAMENTARY BUDGET OFFICE, AUSTRALIAN GREENS, AUSTRALIAN LABOR PARTY, EQ ECONOMICS

PM rolls out $7.4b for aged care pay

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Original article by Phillip Coorey
The Australian Financial Review – Page: 3 : 4-Mar-25

Prime Minister Anthony Albanese will announce on Tuesday that he has struck a deal with NSW to provide its public schools with a $4.8 billion funding boost over 10 years. It leaves Queensland as the only state not to sign up to new funding arrangements, while Aged Care Minister Anika Wells will announce on Tuesday a further 12 per cent pay rise for aged care nurses that is worth $2.6 billion over three years. The announcement of the funding deal for NSW schools and the pay rise for aged care nurses comes amid increasing speculation that Albanese will call a federal election for 12 April immediately after Western Australians go to the polls on Saturday.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF HEALTH AND AGED CARE

Cyclone Alfred looks to be final barrier to PM calling April 12 election

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Original article by Jacob Greber
abc.net.au – Page: Online : 4-Mar-25

A source within the federal government says there is a 50 per cent chance that Prime Minister Anthony Albanese will announce the date of the election this weekend, with 12 April seen as the most likely option. However, some Labor insiders believe that Albanese will wait until the potential impact of Tropical Cyclone Alfred on south-east Queensland is known before going to the polls. The Bureau of Meteorology has upgraded the cyclone to a category two system, and it is forecast to make landfall somewhere between Brisbane and the Sunshine Coast later this week. The next most likely date for the election would be 3 May, given that Albanese will have to take into account Easter and Anzac Day when deciding on a date to go to the polls.

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

CFMEU to ignore pledge and campaign in election

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Original article by David Marin-Guzman
The Australian Financial Review – Page: 3 : 4-Mar-25

CFMEU administrator Mark Irving KC has previously committed to barring the construction union from making political donations, engaging in party politics or supporting candidates. However, CFMEU national secretary and Victorian branch executive director Zach Smith appears to be ignoring Irving’s pledge, with Smith having promised to campaign against opposition leader Peter Dutton during the upcoming federal election campaign, over Dutton’s pledge to deregister the CFMEU if he is elected. Commenting on Smith’s promise, a spokesman for Irving said he has reaffirmed his commitment that the CFMEU will not engage in party politics while in administration, and that there is "no contradiction between that commitment and the union continuing to educate members on issues that affect them".

CORPORATES
CONSTRUCTION, FORESTRY AND MARITIME EMPLOYEES UNION