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Turnbull flips and supports an effects test in competition law – question time live | Turnbull flips and supports an effects test in competition law – question time live |
(35 minutes later) | |
3.39am GMT | |
03:39 | |
Malcolm Turnbull: | |
Lower house prices, higher rents, less investment, that can mean only one thing – fewer jobs, fewer businesses, less enterprise. That is Labor’s recipe: It’s a recipe for economic failure. | |
3.37am GMT | |
03:37 | |
Bill Shorten to Malcolm Turnbull. | |
Q: My question is to the prime minister. Last year the prime minister said: “Bracket creep is seeing Australians earnings on average head into the second top tax bracket.” PM isn’t breaking your word on tax cuts more proof that every idea this prime minister has ends up going right down the drain? | |
Now, Bill, about your negative gearing policy. | |
3.34am GMT | |
03:34 | |
All the Dorothy’s today have been on the effects test thus far. | |
All business will be able to back themselves, will be able to take risks, will be able to engage in that entrepreneurial activity, which means that we can grow jobs in our economy. | |
(This is small business minister Kelly O’Dwyer. I really have been here too long. I can’t quite wrap my mind around her supporting an effects test. Too much cognitive dissonance.) | |
3.30am GMT | |
03:30 | |
Bill Shorten to Malcolm Turnbull. | |
Q: My question is to the prime minister. The prime minister promised new economic leadership. The government promised tax cuts. Isn’t it true that all things that the government promised have gone down the drain and all that are left are the extreme cuts of the Abbott government’s 2014 budget? | |
The prime minister thinks things are going well. Thanks for asking. The government is providing real economic leadership. | |
3.28am GMT | |
03:28 | |
Green MP Adam Bandt to Malcolm Turnbull. | |
Q: My question is to the PM. NASA has just said that February was the hottest month on record ever. Smashing a century of global temperature records by a stunning margin, results that scientists have described as a climate emergency. Prime minister, do you agree with your own chief scientist that under current policies we are losing the battle against climate change? | |
Turnbull says emotion and passion is all very well but evidence matters more. | |
What we need in the response to global warming - and I don’t doubt the temperature figures that the honourable member referred to, but what we need is a clear commitment of all governments, all major economies, to emissions reduction strategies. | |
We have made those commitments. We have the policies in place. They are working. And that is the object of the exercise. This is not a question - emotion and passion all have their place. But in terms of reducing our emissions, what we need is policies that work. | |
The policies that are in place are working, they are able to meet the targets that we committed to in Paris and if they do so and if other nations continue to do so we will be well on the way to ensuring that we meet the global objective. | |
(Other questions also matter with respect. Policies working – well, that’s still moot right now – at what cost? That used to be a foundation question in climate policy, emissions reduction at least cost. You can’t say that about direct action.) | |
3.21am GMT | |
03:21 | |
Bowen, persisting with Morrison and passion. | |
Q: My question is to the treasurer. The treasurer said the government wanted to deliver: “large personal income tax cuts, significant personal income tax cuts, big income tax cuts, very big income tax cuts and bigger income tax cuts”. Treasurer, what happened? What killed off the treasurer’s passion and what exactly does the treasurer stand for? | |
Morrison says it helps to have a surplus when you think about cutting taxes. Labor didn’t leave the government a surplus. He says the government looked at a tax mix switch but the numbers didn’t add up. Now we are at Labor’s wickedness on the negative gearing policy. | |
Scott Morrison: | |
Under the policy of housing affordability, apparently the way you address housing affordability is stopping people investing in shops and shares and factories and partnerships and vehicles and all these things. | |
Mr Speaker, this government doesn’t rush out with ill-considered policies. | |
We leave that to those opposite. | |
3.15am GMT | |
03:15 | |
A Dorothy Dixer for Morrison on the effects tests being a consumer nirvana. | |
3.13am GMT | |
03:13 | |
Shadow treasurer Chris Bowen. | |
Q: My question is to the treasurer. In January, the treasurer said that fixing bracket creep was one of his highest priorities saying: ‘I’m quite passionate about it because I think it’s one of the things that is holding the Australian economy back.’ But now, less than two months later the government has walked away from income tax cuts. What is the point of this government? What has happened to the treasurer’s passion? And when will the government start governing? | |
Scott Morrison says the government will do what it can to help people out there earning in the economy. | |
This is the government on this side of the House that got rid of the carbon tax, this is the government on this side of the House that got rid of the mining tax, got rid of the member’s opposite bank deposits tax. This is the government that has reduced taxes, not increased taxes in net terms. What we have done is delivered on our commitments to reduce the tax burden on Australians and that is what we are about. | |
3.09am GMT | 3.09am GMT |
03:09 | 03:09 |
Moving on now to lost passions. | Moving on now to lost passions. |
3.08am GMT | 3.08am GMT |
03:08 | 03:08 |
I mean, seriously. | I mean, seriously. |
3.08am GMT | 3.08am GMT |
03:08 | 03:08 |
Bruce Billson is given the Dorothy Dixer to ask about the effects test. He’s delighted. | Bruce Billson is given the Dorothy Dixer to ask about the effects test. He’s delighted. |
Malcolm Turnbull: | Malcolm Turnbull: |
I’m equally delighted to be asked that question by the member who as a small business minister was such a champion for small business, radiating enthusiasm. | I’m equally delighted to be asked that question by the member who as a small business minister was such a champion for small business, radiating enthusiasm. |
(Someone who has been in this building for more than five minutes might be then prompted to inquire, well, why did you dump him as small business minister then?) | (Someone who has been in this building for more than five minutes might be then prompted to inquire, well, why did you dump him as small business minister then?) |
3.05am GMT | 3.05am GMT |
03:05 | 03:05 |
Question time | Question time |
The Labor leader Bill Shorten begins on uncertainty. | The Labor leader Bill Shorten begins on uncertainty. |
Q: Prime minister, will there be a tax statement? When is the budget? And will the government start issuing use by dates on every answer it gives on these matters? | Q: Prime minister, will there be a tax statement? When is the budget? And will the government start issuing use by dates on every answer it gives on these matters? |
Malcolm Turnbull thinks he’ll have a word about Labor’s negative gearing policy. It’s terribly wicked. | Malcolm Turnbull thinks he’ll have a word about Labor’s negative gearing policy. It’s terribly wicked. |
Rents will go up, home values will also go down, that is what a Labor budget would look like! | Rents will go up, home values will also go down, that is what a Labor budget would look like! |
3.00am GMT | 3.00am GMT |
03:00 | 03:00 |
Just quickly before daggers are drawn. I did love this picture of Mike’s from earlier today. Best share it, really. | Just quickly before daggers are drawn. I did love this picture of Mike’s from earlier today. Best share it, really. |
2.51am GMT | 2.51am GMT |
02:51 | 02:51 |
Question time in a moment. Just enough time for a hot buttered crumpet. | Question time in a moment. Just enough time for a hot buttered crumpet. |
2.46am GMT | 2.46am GMT |
02:46 | 02:46 |
Shalailah Medhora | Shalailah Medhora |
A quick wrap of Mitch Fifield at the press club. Could this be the end of Senate brick lego? (NEVER!) The communications minister and government Senate leader, Mitch Fifield, threw his support behind changing rules so that camos can take video and still images in the chamber. | A quick wrap of Mitch Fifield at the press club. Could this be the end of Senate brick lego? (NEVER!) The communications minister and government Senate leader, Mitch Fifield, threw his support behind changing rules so that camos can take video and still images in the chamber. |
“I want the change because I’m sick and tired of the House of Reps getting front page pics of members of the House at historic moments doing interesting things, and there’s just not that opportunity for us. So I think purely in the self-interest of senators, that should change,” Fifield told journalists at the National Press Club. | “I want the change because I’m sick and tired of the House of Reps getting front page pics of members of the House at historic moments doing interesting things, and there’s just not that opportunity for us. So I think purely in the self-interest of senators, that should change,” Fifield told journalists at the National Press Club. |
During the address, the minister also rejected suggestions that SBS and the ABC should amalgamate, saying the two have distinct roles. He also praised the contribution of media barons like Rupert Murdoch. | During the address, the minister also rejected suggestions that SBS and the ABC should amalgamate, saying the two have distinct roles. He also praised the contribution of media barons like Rupert Murdoch. |
“When it comes to a particular families who have been engaged in the media industry, whether they be the Murdochs or the Packers in times gone by or the Stokes, I think there’ve been forces for good,” Fifield said. “When it comes to the particular configurations of media organisations in the country, I’m fairly agnostic.” | “When it comes to a particular families who have been engaged in the media industry, whether they be the Murdochs or the Packers in times gone by or the Stokes, I think there’ve been forces for good,” Fifield said. “When it comes to the particular configurations of media organisations in the country, I’m fairly agnostic.” |
2.38am GMT | 2.38am GMT |
02:38 | 02:38 |
The former small business minister, Bruce Billson, is standing up in the chamber now. Billson was the small business minister when Tony Abbott was prime minister. Billson was a one man campaign for the effects test when he was the small business minister. He was completely rolled by the anti-effects test faction. Turnbull chose not to keep him in on the small business portfolio when he took the Liberal party leadership. | The former small business minister, Bruce Billson, is standing up in the chamber now. Billson was the small business minister when Tony Abbott was prime minister. Billson was a one man campaign for the effects test when he was the small business minister. He was completely rolled by the anti-effects test faction. Turnbull chose not to keep him in on the small business portfolio when he took the Liberal party leadership. |
Billson, now a backbencher, is quite pleased with the day’s events. | Billson, now a backbencher, is quite pleased with the day’s events. |
A very important and welcome move. | A very important and welcome move. |
2.30am GMT | 2.30am GMT |
02:30 | 02:30 |
We'll gag if you do: Greens | We'll gag if you do: Greens |
Shalailah Medhora | Shalailah Medhora |
The skirmish over who is more progressive on same-sex marriage is continuing after a messy day in the Senate over the issue yesterday. The Greens have now written to Labor asking them to bring the debate on same-sex marriage to a vote on Thursday. Labor conceded its private members time to debate the Greens bill, after the Greens voted with the Coalition to gag debate on the bill on Tuesday. The debate will go for just one hour, meaning it would need to be gagged in order to move to a vote. “A number if senators from all sides of this debate have already made contributions to this bill,” the letter from Greens leader Richard Di Natale and senator Robert Simms, said. “We look forward to the Labor party moving for a vote during your Private Senator’s time, and assure you of the support of the Australian Greens for this vote.” | The skirmish over who is more progressive on same-sex marriage is continuing after a messy day in the Senate over the issue yesterday. The Greens have now written to Labor asking them to bring the debate on same-sex marriage to a vote on Thursday. Labor conceded its private members time to debate the Greens bill, after the Greens voted with the Coalition to gag debate on the bill on Tuesday. The debate will go for just one hour, meaning it would need to be gagged in order to move to a vote. “A number if senators from all sides of this debate have already made contributions to this bill,” the letter from Greens leader Richard Di Natale and senator Robert Simms, said. “We look forward to the Labor party moving for a vote during your Private Senator’s time, and assure you of the support of the Australian Greens for this vote.” |
Updated | Updated |
at 2.31am GMT | at 2.31am GMT |
2.24am GMT | 2.24am GMT |
02:24 | 02:24 |
Down in one of the courtyards, the National leader Barnaby Joyce, is stoked. How did you get past the lawyers, he’s asked? How did you get past the Liberals? Everyone agreed this was the best course, Joyce says, diplomatic in victory. | Down in one of the courtyards, the National leader Barnaby Joyce, is stoked. How did you get past the lawyers, he’s asked? How did you get past the Liberals? Everyone agreed this was the best course, Joyce says, diplomatic in victory. |
2.22am GMT | 2.22am GMT |
02:22 | 02:22 |
Let the angels sing. | Let the angels sing. |