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Shorten and Turnbull trade blows over negative gearing – question time live | |
(35 minutes later) | |
3.38am GMT | |
03:38 | |
Green Adam Bandt asks the prime minister about baby Asha. | |
Q: Do you agree with the doctors that detention harms children or are you waiting until after the election to deport babies and children to Nauru? | |
Turnbull waves that to the immigration minister Peter Dutton. | |
We have been very clear and I repeat this today, because the people smugglers listen to every word spoken in this place, spoken by premiers and other leaders around the country, let me be very clear to these people. | |
We will not be held to ransom, we will not be blackmailed into changing this policy because this policy has resulted in lives being saved. And we are not going to retreat on what has been a successful policy. | |
(Blackmailed by whom? Anyone know?) | |
3.34am GMT | |
03:34 | |
Shadow treasurer, Chris Bowen, to Turnbull. | |
Q: Will the prime minister rule out making any retrospective changes to negative gearing, yes or no? | |
Turnbull says tax policies will be considered and rolled out in the usual way. | |
He’s now onto the fantasy land of the Labor party where there is a hankering for a centrally planned economy and manifest threats to the economy. | |
3.29am GMT | |
03:29 | |
The prime minister tracks back to negative gearing, and Labor’s policy. Wither house values. | |
Malcolm Turnbull: | |
Mr Speaker, every single Australian recognises that the bulk of most family’s assets are in their homes. It’s well over 65% across the board. So you knock that price down, you knock that value down, that’s what Labor’s proposing to do, cut out over a third of the demand, knock that price down. What does that do for consumer confidence? Are people going to go out and buy a new appliance, borrow money to start a small business, are they going to hire somebody if they see their greatest asset shrinking before their eyes at the hands of the Labor party? | |
Mr Speaker, every measure they propose is calculated to drive our economy into the ground! | |
3.27am GMT | |
03:27 | |
The prime minister has turned now to alternative proposals. | |
Now Mr Speaker, let me turn now to the question of alternative approaches. I mentioned that the Labor party is proposing to increase the capital gains tax so that on a top marginal rate it would go to 37%. That is higher than the United States, dramatically higher than the United States, higher than the UK, much higher than New Zealand which doesn’t have the capital gains tax. | |
It will be the highest capital gains tax in any comparable country. | |
(There’s a lot of laughter from across the dispatch box. Someone screams out Cayman Islands.) | |
The shadow treasurer Chris Bowen turns this back on Turnbull. Will he rule out any changes to CGT? | |
Turnbull takes a while to find his level with this one. Then, this. | |
I can say to the Honourable Member opposite, that increasing capital gains tax is no part of our thinking whatsoever. | |
3.22am GMT | |
03:22 | |
Today’s first Dorothy Dixer is about pulling the levers of government. | |
3.20am GMT | |
03:20 | |
Bill Shorten opens on the theme of six months of lost opportunities. | |
Q: When will the prime minister finally deliver an economic plan for Australia? | |
The prime minister is clutching the levers of government, and pulling them. | |
Malcolm Turnbull: | |
So every single lever of my government is pulling in the direction of jobs, growth, fairness. | |
(Fairness is the newcomer in this pack). | |
3.15am GMT | |
03:15 | |
The prime minister is advising of new ministerial arrangements. There have been a few changes since last the parliament met. | |
3.12am GMT | |
03:12 | |
Friendly, approachable, a straight shooter. | |
This is the current speaker of the House of Representatives, Tony Smith, paying tribute to Bob (Halvo) Halverson (who once represented Smith’s electorate of Casey.) | |
3.04am GMT | 3.04am GMT |
03:04 | 03:04 |
Question time | Question time |
Golly Gee Wilickers, it’s 2pm. We are kicking off today with a motion of condolence for Bob Halverson, who is a former speaker of the House of Representatives, who died of cancer recently. | Golly Gee Wilickers, it’s 2pm. We are kicking off today with a motion of condolence for Bob Halverson, who is a former speaker of the House of Representatives, who died of cancer recently. |
2.56am GMT | 2.56am GMT |
02:56 | 02:56 |
This deal will wipe out micro-parties in the Senate: Leyonhjelm | This deal will wipe out micro-parties in the Senate: Leyonhjelm |
Xenophon is followed by the LDP senator, David Leyonhjelm, who isn’t very happy. The government, he says, is transacting a dirty little deal with the Greens and Nick Xenophon. | Xenophon is followed by the LDP senator, David Leyonhjelm, who isn’t very happy. The government, he says, is transacting a dirty little deal with the Greens and Nick Xenophon. |
Can I point out when I say the Greens and Nick Xenophon, I repeat myself, Nick Xenophon is a Green for all intents and purposes, he votes with the Greens more than Labor. | Can I point out when I say the Greens and Nick Xenophon, I repeat myself, Nick Xenophon is a Green for all intents and purposes, he votes with the Greens more than Labor. |
So, for the government to do a dirty little deal with the Greens and Nick Xenophon was a surprise and very disappointing. | So, for the government to do a dirty little deal with the Greens and Nick Xenophon was a surprise and very disappointing. |
The end result, the bottom line of this proposal is that it will be extraordinarily difficult, if not impossible, for the minor parties to ever win seats again in the Senate. | The end result, the bottom line of this proposal is that it will be extraordinarily difficult, if not impossible, for the minor parties to ever win seats again in the Senate. |
(I think if we looked at Leyonjhelm’s voting record we’d see some lining up with the Greens on issues like intelligence and security, but perhaps I digress?) | (I think if we looked at Leyonjhelm’s voting record we’d see some lining up with the Greens on issues like intelligence and security, but perhaps I digress?) |
2.51am GMT | 2.51am GMT |
02:51 | 02:51 |
Nick Xenophon is explaining to reporters why he’s a supporter of the Senate voting reform package. | Nick Xenophon is explaining to reporters why he’s a supporter of the Senate voting reform package. |
In my case, in my home state of SA, I received close to 25% of the vote: 1.75 quotas but didn’t get in because of a series of bizarre preference deals. We have Family First in the Senate. | In my case, in my home state of SA, I received close to 25% of the vote: 1.75 quotas but didn’t get in because of a series of bizarre preference deals. We have Family First in the Senate. |
At the moment as a result of the Labor party preferencing (we get) someone who is to the right of the Liberal party. It’s not a criticism of Bob Day, making a solid contribution, and not a criticism of all my colleagues, my cross-bench colleagues in the Senate who really add to the value of the Senate. | At the moment as a result of the Labor party preferencing (we get) someone who is to the right of the Liberal party. It’s not a criticism of Bob Day, making a solid contribution, and not a criticism of all my colleagues, my cross-bench colleagues in the Senate who really add to the value of the Senate. |
But I want a Senate voting system that is fair, a Senate voting system that reflects the will of the people, a Senate voting system that takes away from the back room deals and the preference whisperers and gives the power back to the people – and I believe substantially this is what these reforms will do. | But I want a Senate voting system that is fair, a Senate voting system that reflects the will of the people, a Senate voting system that takes away from the back room deals and the preference whisperers and gives the power back to the people – and I believe substantially this is what these reforms will do. |
2.45am GMT | 2.45am GMT |
02:45 | 02:45 |
Greens leader Richard Di Natale is on the ABC talking Senate voting reform. | Greens leader Richard Di Natale is on the ABC talking Senate voting reform. |
Q: Did you discuss at any point in your negotiations with the government, preferencing at the next election? | Q: Did you discuss at any point in your negotiations with the government, preferencing at the next election? |
Richard Di Natale: | Richard Di Natale: |
No. | No. |
Q: Not in any seat? Lower or upper house? | Q: Not in any seat? Lower or upper house? |
I know this might be a huge surprise to people. People assume in these negotiations that some of these things that don’t relate to the legislation are put on the table. | I know this might be a huge surprise to people. People assume in these negotiations that some of these things that don’t relate to the legislation are put on the table. |
We made it really clear, this is a long-held position, a position of principle, fundamental to any democracy, that an outcome reflects the voters’ intentions. | We made it really clear, this is a long-held position, a position of principle, fundamental to any democracy, that an outcome reflects the voters’ intentions. |
2.35am GMT | 2.35am GMT |
02:35 | 02:35 |
Politics this lunchtime, the very short version | Politics this lunchtime, the very short version |
I apologise, this isn’t going to be much of a summary, wedged as I am between significant events. But it’s important to take stock, particularly if you are just tuning in with a sandwich at your desk, and wonder how it is you’ve fallen into roiling white water. | I apologise, this isn’t going to be much of a summary, wedged as I am between significant events. But it’s important to take stock, particularly if you are just tuning in with a sandwich at your desk, and wonder how it is you’ve fallen into roiling white water. |
So, today, Monday: | So, today, Monday: |
There’s more, but that’s the main thrust. | There’s more, but that’s the main thrust. |
Onwards and upwards, towards 2pm. | Onwards and upwards, towards 2pm. |