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Coalition continues to face pressure over superannuation policy - live updates Coalition continues to face pressure over superannuation policy - live updates
(35 minutes later)
12.48am BST
00:48
As I’ve been posting the questions the ACOSS chief Cassandra Goldie has been on the ABC.
We’ve written to each of the leaders of the political parties, the Coalition, Labor and the Greens, where we are asking for the parties to lay out very clearly what are their specific policy, election commitments that will be about reducing the level of poverty and the level of inequality in Australia.
We think that this really needs to be the core debate that is happening in this election and at the moment, obviously, we’ve got a lot of policies being talked about but we’re saying let us get specific here.
If we’re pursuing economic growth, for what purpose? Well it should, at its heart, be about ensuring that people on the lowest incomes, those who have the least, their living standards should be the top priority when we’re talking about the outcome of that kind of economic growth.
Lenore Taylor and I think fairness is important, and we also think economic policy is also important – which is why we are hosting two panel discussions about this during the campaign: one in Sydney and the other in Melbourne. We’d love to see you there. If you’d like to book, you can find the relevant details by clicking on this link.
12.39am BST
00:39
Fairness: let's get specific
Fairness is a key theme in this election contest, and picking up on that, the Australian Council of Social Service has written to our political leaders seeking answers to a bunch of policy questions. They are utterly questions, so I thought I would share them with you.
Measuring social and economic progress
A balanced approach to budget repair
(a) What is the precise formulation and details of any associated commitments you are making in relation to revenue and expenditure?
(b) Will you make a commitment that low income households (the bottom 40% of the population by income) will not be disproportionately affected (as a share of their income) by measures to restore the budget?
(c) Will your party commit to restoring the budget by increasing overall revenue as well as improving the cost effectiveness of expenditure?
(d) Will tax expenditures be subject to the same degree of budget scrutiny as direct expenditures?
Improving the integrity and equity of the tax system
(a) What are your party’s policies to achieve this, including measures to tax incomes more consistently or close inefficient or unfair tax shelters and loopholes?
(b) Specifically, what action would your party take, if elected to:reduce the anomalies in the tax treatment of capital gains and other investment income, especially where investments are financed by debt (negative gearing arrangements)?
(c) Curb the avoidance of company income tax by international and Australian companies through international profit, debt and cost shifting strategies?
Towards a fair and sustainable retirement incomes system
(a) What action does your party propose to take to reduce the disproportionate share of tax concessions going to individuals with high incomes?
(b) What action does your party propose to take to curb the use of superannuation tax concessions, especially in the retirement phase, to avoid personal income tax, including capital gains tax and the tax payable on transfers of remaining superannuation balances to adult children?
(c) What other action does your party propose to take to ensure that the future cost of superannuation tax concessions is sustainable, especially in the retirement phase as the population ages?
(d) What action does your party propose to take to extend tax concessions for contributions to low-income earners who pay tax at less than 15% on their wages?
Improving support for people who are unemployed
(a) Personalised employment services with lower caseloads and appropriately skilled staff?
(b) Meaningful and effective programs, especially paid work experience in regular jobs together with relevant training, for people unemployed long term?
(c) What protections does your party propose to ensure that unemployed people participating in these programs are not exploited and existing employees are not displaced?
Reducing child poverty
(a) improvements in the adequacy and indexation of family payments for families on low incomes, particularly single parent families?
(b) policies to ensure that children at greatest risk of poverty have access to quality early education and care and that cost and other barriers to such care are removed?
Access to basic services for all who need them
(a) Adequate indexation of Commonwealth health grants to states and territories (please define and explain ‘adequate’ in this context)?
(b) An adequate Commonwealth contribution to state and territory schools budgets to ensure sufficient resources to guarantee all children access to a quality education based on their needs? Please define and explain ‘adequate’ in this context.
Ending the housing crisis
(a) Stem excessive growth and instability in housing prices (mortgages and rents) during housing booms?
(b) Increase the supply of affordable rental housing including through direct investment and investment incentives?
(c) Improve the adequacy of rent assistance payment rates and indexation?
A strong, independent and diverse civil society
Effective action to address climate change and its impacts on people on low incomes
(a) Ensure people on low incomes and vulnerable can make the most of energy efficiency technologies and access affordable housing which is energy efficient?
(b) Ensure people and communities are resilient to the impacts of extreme weather events and able to adapt?
12.27am BST
00:27
So many bridges too far, I cannot tell you.
12.25am BST
00:25
Back in Canberra, Labor’s designated campaign spokesman this week, Tony Burke, is speaking to journalists in the parliament.
The government’s economic plan is in tatters, absolute tatters. Let’s go through the measures that on budget night were meant to be locked in and how they’ve been changing.
The first to hit the fence was the backpacker tax, on the government’s own admission it won’t be implemented in the form it was presented in the budget but they don’t know other than a 6-month delay exactly what their proposal is. Yet they’ve still banked the full revenue after that.
Secondly, Scott Morrison in the debate against Chris Bowen made clear on the basis of their track record that there would be further cuts that he was willing to make after the election that he would not tell people about before the election.
Thirdly, on the centrepiece of their economic plan, the company tax cut, not only has the prime minister stopped talking about it as a plan for 10 years and has gone all the way back to now only wanting to talk about the first three years of it, we also have the treasurer offering to re calibrate that legislation if required.
And today we see their plans to change superannuation are in a mess.
12.20am BST
00:20
Election 2016 has immortalised the question: “How old is your rat” – which was the question the prime minister put to a voter in a Penrith shopping centre the other day, when a pet rodent was presented for inspection.
Now I gather The Chaser has presented another rat to Labor’s deputy leader Tanya Plibersek. God help me. This campaign will kill an honest woman plagued by rodent phobias. That’s me. Plibersek looks quite chill.
Another campaign rat...at the Sydney Fish Market @billshortenmp @tanya_plibersek #ausvotes pic.twitter.com/fooxeooyrN
12.14am BST12.14am BST
00:1400:14
I centred us back in the hustings this morning. It looks like there’s been an outbreak of the blame game in Adelaide.I centred us back in the hustings this morning. It looks like there’s been an outbreak of the blame game in Adelaide.
@cpyne we estimate about 200 gone in Mayo also@cpyne we estimate about 200 gone in Mayo also
According to the AEC, Sturt covers an area of approximately 85 square kilometres. 1,700 close ups of Christopher Pyne suggests much of the electorate is wallpapered with the face of a fixer. Obviously this is only an allegation of light fingeredness, I have no idea whether or not it’s true, but sticking squarely in theory territory, perhaps there’s an acute shortage of power poles?According to the AEC, Sturt covers an area of approximately 85 square kilometres. 1,700 close ups of Christopher Pyne suggests much of the electorate is wallpapered with the face of a fixer. Obviously this is only an allegation of light fingeredness, I have no idea whether or not it’s true, but sticking squarely in theory territory, perhaps there’s an acute shortage of power poles?
11.56pm BST11.56pm BST
23:5623:56
Tony Abbott always loved the Sydney fish market.Tony Abbott always loved the Sydney fish market.
clear message for @billshortenmp at Syd fish markets this AM although he is no fan of @TurnbullMalcolm #ausvotes pic.twitter.com/2WIEMTKGGKclear message for @billshortenmp at Syd fish markets this AM although he is no fan of @TurnbullMalcolm #ausvotes pic.twitter.com/2WIEMTKGGK
11.52pm BST11.52pm BST
23:5223:52
ACT Liberal Senator Zed Seselja is on Sky News this morning and of course he’s asked about superannuation. Seselja says there is concern in the community about the changes, but the concern can be countered successfully with information.ACT Liberal Senator Zed Seselja is on Sky News this morning and of course he’s asked about superannuation. Seselja says there is concern in the community about the changes, but the concern can be countered successfully with information.
Zed Seselja:Zed Seselja:
Yes there will always be some concerns ... but we think [the reforms] are fair and balanced, so we will take them to the people.Yes there will always be some concerns ... but we think [the reforms] are fair and balanced, so we will take them to the people.
He’s on with the shadow superannuation minister Jim Chalmers, who says the outlook is very unclear, given Liberals are clearly concerned about elements of the package.He’s on with the shadow superannuation minister Jim Chalmers, who says the outlook is very unclear, given Liberals are clearly concerned about elements of the package.
Jim Chalmers:Jim Chalmers:
The real question is whether Malcolm Turnbull walks it back before or after the election.The real question is whether Malcolm Turnbull walks it back before or after the election.
Seselja says the government is sticking with the package and the concern in the party is very small scale, “just one or two” people.Seselja says the government is sticking with the package and the concern in the party is very small scale, “just one or two” people.
11.39pm BST11.39pm BST
23:3923:39
Hello good peopleHello good people
Katharine MurphyKatharine Murphy
Thanks Mel, good morning everyone and welcome to Thursday, it’s delightful to be with you. If superannuation pain persists, see your doctor. This time yesterday various Coalition folks were water bombing a brushfire on super set by the foreign minister Julie Bishop. 24 hours, nothing much has changed, except another spot fire has been set by the Cabinet secretary Arthur Sinodinos who yesterday told Sky News the budget package might be adjusted post election after a period of consultation, then, in the same interview, suggested it wouldn’t.Thanks Mel, good morning everyone and welcome to Thursday, it’s delightful to be with you. If superannuation pain persists, see your doctor. This time yesterday various Coalition folks were water bombing a brushfire on super set by the foreign minister Julie Bishop. 24 hours, nothing much has changed, except another spot fire has been set by the Cabinet secretary Arthur Sinodinos who yesterday told Sky News the budget package might be adjusted post election after a period of consultation, then, in the same interview, suggested it wouldn’t.
Confused? Don’t be. This campaign has been characterised by these sorts of events. There is this strange dynamic in this contest where the big issues up for discussion in this campaign don’t seem to adhere very much, even though they are being ventilated and written about, but the stumbles and missteps do grip in the news cycle, albeit transiently. Will we all write, in our 2016 wash-ups, in deeply authoritative tones, “the campaign of 2016 was a Marx Brothers film”? That remains to be seen. For now we’ll keep it simple, keep morale high, and stick with Thursday, which looms before us like a ten-minute-update highway to sunset, mainly flat fast and straight, but with the occasional hairpin bend.Confused? Don’t be. This campaign has been characterised by these sorts of events. There is this strange dynamic in this contest where the big issues up for discussion in this campaign don’t seem to adhere very much, even though they are being ventilated and written about, but the stumbles and missteps do grip in the news cycle, albeit transiently. Will we all write, in our 2016 wash-ups, in deeply authoritative tones, “the campaign of 2016 was a Marx Brothers film”? That remains to be seen. For now we’ll keep it simple, keep morale high, and stick with Thursday, which looms before us like a ten-minute-update highway to sunset, mainly flat fast and straight, but with the occasional hairpin bend.
Out on the ground, out of sight of the national campaign, MPs are out and about every day, handing out flyers, shaking hands, courting the public, doing their best to win votes.Out on the ground, out of sight of the national campaign, MPs are out and about every day, handing out flyers, shaking hands, courting the public, doing their best to win votes.
Let’s crack on. Today’s comments thread is open for your business. If the thread’s too bracing for you, Mike Bowers and I are up and about on the twits – he’s @mpbowers and I’m @murpharoo. If you only speak Facebook you can join my daily forum here. And if you want a behind-the-scenes look at the day and the campaign as a whole, give Mike a follow on Instagram. Today he’s consorting with fish. You can find him here.Let’s crack on. Today’s comments thread is open for your business. If the thread’s too bracing for you, Mike Bowers and I are up and about on the twits – he’s @mpbowers and I’m @murpharoo. If you only speak Facebook you can join my daily forum here. And if you want a behind-the-scenes look at the day and the campaign as a whole, give Mike a follow on Instagram. Today he’s consorting with fish. You can find him here.
11.30pm BST11.30pm BST
23:3023:30
Thanks for joining me for all the superannuation and backbench revolt talk this morning. Melissa Davey here handing over to deputy political editor Katharine Murphy in Canberra now, who I’m sure will make sense of the morning’s events and commentary for us.Thanks for joining me for all the superannuation and backbench revolt talk this morning. Melissa Davey here handing over to deputy political editor Katharine Murphy in Canberra now, who I’m sure will make sense of the morning’s events and commentary for us.
See you tomorrow.See you tomorrow.
11.26pm BST11.26pm BST
23:2623:26
Liberal Democrat Senator David Leyonhjelm says the government is punishing those with “aspirations to be comfortable in life” through its superannuation reforms that target the wealthy.Liberal Democrat Senator David Leyonhjelm says the government is punishing those with “aspirations to be comfortable in life” through its superannuation reforms that target the wealthy.
He says political donations and support from the conservative base of the Liberal party are rolling in as a result of the superannuation policy, which includes lowering the annual limit on contributions that are taxed at the concessional rates, and tightening of transition to retirement provisions. Leyonhjelm told ABC radio:He says political donations and support from the conservative base of the Liberal party are rolling in as a result of the superannuation policy, which includes lowering the annual limit on contributions that are taxed at the concessional rates, and tightening of transition to retirement provisions. Leyonhjelm told ABC radio:
I’m not sure that they’re tearing up their membership cards in droves or leaving the party in droves but they’re certainly disenchanted. They’re saying, ‘What can we do to launch a protest vote’. We have some new members as a result, they’ve left the Liberal party and joined us, but more commonly they say, ‘I’ll stay with the Liberals but donate money to the Liberal Democrats’.I’m not sure that they’re tearing up their membership cards in droves or leaving the party in droves but they’re certainly disenchanted. They’re saying, ‘What can we do to launch a protest vote’. We have some new members as a result, they’ve left the Liberal party and joined us, but more commonly they say, ‘I’ll stay with the Liberals but donate money to the Liberal Democrats’.
How many people, host Fran Kelly asks?How many people, host Fran Kelly asks?
Ahh.. well.. it’s dozens to hundreds. I have to confess my staff don’t think the Senator needs to know that information but certainly there’s a lot of them. I can’t put a figure on it.Ahh.. well.. it’s dozens to hundreds. I have to confess my staff don’t think the Senator needs to know that information but certainly there’s a lot of them. I can’t put a figure on it.
He said that the Liberal party members turning to the Liberal Democrats were also unhappy there had been “no serious attempt to bring spending under control”. They were frustrated, he said, that the government was doing nothing to stop middle-class welfare, while simultaneously punishing those with aspirations, including wealthy people entering retirement.He said that the Liberal party members turning to the Liberal Democrats were also unhappy there had been “no serious attempt to bring spending under control”. They were frustrated, he said, that the government was doing nothing to stop middle-class welfare, while simultaneously punishing those with aspirations, including wealthy people entering retirement.
This government is not serious about aspiration. They’re addicted to spending. They won’t tackle middle class welfare. There are lots of people receiving... support and the government won’t tackle them for political reasons. As long as that’s the case the people are saying; ‘Why should you be clipping my wings and my aspirations to be comfortable in retirement?’This government is not serious about aspiration. They’re addicted to spending. They won’t tackle middle class welfare. There are lots of people receiving... support and the government won’t tackle them for political reasons. As long as that’s the case the people are saying; ‘Why should you be clipping my wings and my aspirations to be comfortable in retirement?’
UpdatedUpdated
at 11.26pm BSTat 11.26pm BST
11.06pm BST
23:06
Good morning to photographer Mike Bowers, who has just texted to say he’s off on a walk through Sydney’s fish markets this morning with deputy Labor leader Tanya Plibersek.
Both the party leaders are campaigning in Sydney today.
Shorten will announce a policy that aims to drive investment in renewable energy to reduce household power costs and create jobs, while Turnbull will focus on innovation and giving start-up businesses a leg-up. He’ll specifically talk about innovation in manufacturing, and how manufacturers are transforming and exporting.
10.59pm BST
22:59
Former Labor frontbencher Maxine McKew is launching a report today called ‘Come Clean: Stopping the arms race in political donations’. She’s speaking to the ABC’s Radio National at the moment and said voters have a right to know who is funding the party they vote for.
McKew weighed into reports this morning that Liberal political donors are withholding donations in protest over the Coalition’s proposed changes to superannuation. It was an example of why donation laws needed to be cleaned up, she said.
This issue of Liberal donors potentially sitting on their hands because they don’t like the Liberal party’s changes to super, that could be called a term of vote buying. That’s why we’re saying we have to have a comprehensive clean-up of the political donation laws.
But, host Fran Kelly asks, isn’t that just human nature? Don’t voters have a right to donate however they like?
McKew says yes, but the laws need to be more strict overall and there should be caps on donations as well as transparency about where those donations come from.
In Canada they have federally some of the strictest rules around political donations. They do not allow any corporate or union donations whatsoever once the campaign starts.
I think a better way to go is to have a set of tight caps and you can perhaps have a cap on individual donations of about $1000 and you could have other donations set at about $3000 to $5000.
Donations should be disclosed, she said, and in real-time.
10.28pm BST
22:28
Minister for trade and investment Steven Ciobo is the latest MP to play down discontent over the superannuation policy this morning. The changes “affect only 4% of Australia’s superannuation account holders,” he told AM.
The government will obviously, as we do on every policy, undertake consultation on the changes we have put forward. We will of course consult on how that will be implemented. That is good governance in practice. That is all that they’ve [Sinodinos and Cormann] have outlined.
10.22pm BST
22:22
National Seniors Australia chief executive Michael O’Neill says the superannuation changes are confusing seniors. He told ABC radio:
We accept that there is a need for some reform ... but I don’t think it has been well sold and that’s really fed into this whole area of people now resisting, I suspect, the importance of reform.
10.17pm BST
22:17
Former Liberal party leader, John Hewson, has urged the government not to buckle under pressure and to stand firm on its superannuation policy.
Wealthy older Australians will be most effected by the changes, the same people who also tend to donate to the Liberal party.
Responding to reports that political donors were threatening to withhold donations over the super changes, Hewson told the ABC’s AM:
I suggest that they [the government] just tell them to keep their money and don’t expect to buy their influence with the Liberal party.
Updated
at 10.20pm BST
10.01pm BST
22:01
More on the backbench dissent over the Coalition’s superannuation policy. I linked to this report from the Financial Review earlier on, but it’s worth visiting again in more detail:
Simmering discontent among the Liberal Party’s conservative base has started to boil over and several MPs told The Australian Financial Review on Wednesday that should the Coalition win the July 2 election, there would be a push to amend some of the measures before they were legislated.
The issues causing the most concern include the $500,000 lifetime cap on non-concessional contributions that was backdated to 2007 and came into effect on budget night. Others that will be legislated to start on July 1, 2017, include lowering from $30,000 to $25,000 the annual limit on contributions that are taxed at the concessional rates, and the tightening of transition to retirement provisions.
All MPs agreed the election campaign was not the time to start a fight but they warned there was a strong resolve to act afterwards.
“There’s lots of anger but we can’t backflip now, that would make it worse,” said an MP.
Another said “there’s a lot of dissent”.
“It was dumb to drop something so complex on the base on the eve of an election.”
Western Australian Liberal MP Ian Goodenough said he had “received a volume of correspondence from constituents objecting to the changes”.
Updated
at 10.02pm BST
9.51pm BST
21:51
There are reports this morning that the government’s superannuation policy is causing unrest among Coalition backbenchers and also among some donors. The changes to super and in particular, the super-cap, may disadvantage the wealthy and therefore, some of the Coalition’s strongest supporters.
The ABC reports that as a result, some of those people who are also donors are withholding money from the Liberal Party.
The finance minister, Mathias Cormann, downplayed the claims on AM this morning, saying:
I have had various conversations of course with supporters and I’ve explained the changes that we’re making and the reasons we’re making those changes and I’m finding that as I walk people through it, there’s a very high level of acceptance of what the government is setting out to do.
Updated
at 10.13pm BST
9.45pm BST
21:45
The latest gross domestic product figures reinforce just how dependent we are upon our exports – especially to China – rather than through any great strength within the domestic economy, Greg Jericho writes.
In the March quarter Australia’s GDP grew by 1.1% in seasonally adjusted terms and a slightly more muted 0.9% in trend terms.
The result was rather better than the expected result of 0.8% growth and it led to an annual growth of 3.1% (seasonally adjusted) and 3.2% (trend) – the best result since September 2012.
And we can pretty much thank exports – which defied the falling prices to record strong growth in volumes.
The balance of payments figures released on Tuesday showed that while annual exports of goods fell 10% in the past year in current dollar terms, the volume of those exports grew 5%. That’s good for real GDP growth (which concerns overall output growth) but is less good for the tax revenue.
Although nominal GDP growth remains weak, it remains largely on target to meet the budget estimate of 2.25% for 2015-16. But there is little sign of improvement – because, while the figures do show very solid GDP growth, most of it comes via exports, not the domestic economy.
9.39pm BST
21:39
AAP reports that Turnbull is expected to come under pressure again today over his government’s superannuation changes:
There are questions over the fairness and retrospective nature of some parts of the changes outlined in the May budget.
Some coalition MPs say they are receiving concerns from voters and have not been properly consulted.
Cabinet secretary Arthur Sinodinos said the Coalition’s plan had been to get a mandate for the policy at the July 2 election, then issue an exposure draft of legislation for consultation.
He conceded “not all individual measures” were discussed in the coalition party room as part of the briefing before the budget was handed down last month.
“I’m just leaving it open,” he told Sky News when asked about the prospects of further changes being made.
Updated
at 9.41pm BST
9.05pm BST
21:05
Good morning and welcome to politics live, where we have almost made it through week four of the political campaign.
The government may have seized on the latest growth figures released yesterday as proof of its strong economic management - the release of the national accounts data revealed some of the strongest growth figures in four years.
But the issue of superannuation looks to remain an ongoing headache for the government, and no doubt we’ll be hearing more about that today. Changes to the Coalition’s superannuation policy could be made if the government is re-elected, a policy which senior ministers have struggled to explain this week.
The finance minister minister, Mathias Cormann, is playing down reports this morning political party donors are threatening to withhold donations over the policy.
Melissa Davey with you here taking you through all the political events of the morning, before I hand the blog over to its rightful owner, deputy political editor Katharine Murphy, at 8.30am.
The big picture
Aspects of the Coalition’s confusing superannuation policy may be changed or abolished after the election, reports this morning say.
Two senior ministers – Julie Bishop and Josh Frydenberg - this week struggled to explain the superannuation policy measures, prompting cabinet secretary, Arthur Sinodinos, to commit the government to take the superannuation policy back to the party room.
Gabrielle Chan writes that Sinodinos said the Coalition was open to changes to superannuation measures after the election, while claiming the government would have a clear mandate to implement the changes if they win:
The superannuation changes were part of the budget so they were presented to the party room before the budget was handed down to the parliament,” he said.
“The next process will be if we win the election there will be consultations on various changes and then legislation presented to the party room.”
In a Sky interview including Labor’s Joel Fitzgibbon, Sinodinos said no fellow MPs had rung to urge the government to change the superannuation measures.
He confirmed the “transition to retirement” policy was not presented to the party room specifically – it was part of the whole budget package.
“If we win the election, we would have a mandate to implement our superannuation changes and that’s what we’ll put up to the parliament,” Sinodinos said.
“So you’ll have a mandate to implement the thing you are going to consult on after the election Arthur?” asked Fitzgibbon.
Sinodinos said there would be consultations on “subsidiary matters” but denied it was around the start date of the superannuation measures.
Meanwhile, Phillip Coorey writes for the Financial Review that Turnbull and Scott Morrison will face pressure from the backbench to change or even abolish elements of the superannuation overhaul should it win the election.
In a separate report, he writes that a re-elected Turnbull government would also struggle to pass a 10-year plan to cut the company tax rate to 25% through the Senate.
All those likely to hold the balance of power opposed to some or all of the package, Coorey explains:
The Greens confirmed their opposition to the entirety of the tax cuts with the release of costings by the Parliamentary Budget Office which estimated the cost of the cuts over a decade would be $51 billion.
While just $3 billion different from the $48.2 billion Treasury estimated for the government, Greens treasury spokesman Adam Bandt, who commissioned the PBO modelling, called it “a death blow to the argument that company tax cuts are affordable”.
Labor, if it loses the election, will also have the numbers to pass the tax cuts through the Senate, but will only support lowering from 28.5 per cent to 27.5 per cent rate for businesses with a turnover of up to $2 million, which is just a fraction of the package.
Nick Xenophon, who is expected to add to his Senate numbers at the election, will be critical to any negotiation when Labor and the Greens are opposed. But he said on Wednesday his support for the package was limited.
Senator Xenophon, whose home town of Adelaide will be hit hard next year by the closure of General Motors Holden, would only guarantee supporting a lower rate for companies with a turnover of up to $10 million.
Meanwhile, an electorate-by-electorate breakdown of economic growth for Fairfax Media conducted by SGS Economics & Planning shows slowing economic activity in 30 of the country’s 150 parliamentary seats. Fairfax reports:
A surge in mining exports has delivered the fastest economic growth in the life of the Coalition government, but has left much of Australia going backwards.
In parts of Queensland and Western Australia, the economy is shrinking by as much as 2 per cent per year. At the other end of the scale, in parts of Sydney and remote Western Australia, the economy is growing by 5 per cent or more per year.
Nine of the 10 fastest-growing electorates are held by the Coalition.The results, for each of Australia’s 150 electorates, show economic activity growing at more than 5 per cent per annum in the inner suburbs of Sydney and Melbourne but going backwards in western and south-western Sydney seats such as Parramatta, Fowler, McMahon, Chifley and Werriwa. All are held by Labor.
In outer Melbourne, Corio and Corangamite are going backwards. Corio is held by Labor and Corangamite is held by the Coalition’s Sarah Henderson even though a redistribution makes it marginally Labor.
On the campaign trail
Turnbull will continue campaigning in Sydney, with innovation a central theme.
Shorten will also be in Sydney today where he will announce Labor’s policy to drive investment in renewable energy to reduce household power costs and create jobs.
Labor wants 50% of all energy to be renewable by 2030. Shorten will announce a policy to sign 10-to-15 year power purchase agreements with energy companies, forcing the purchase of the same amount of renewable energy as half of the commonwealth’s power usage.
The campaign you should be watching
The ABC has examined the electorate of Eden-Monaro, and writes that residents along the Barton Highway are calling on both the government and opposition to commit to funding the road’s duplication in the coming federal election. It’s a marginal Liberal seat that has been held by Peter Hendy since 2013. The ABC reports:
Earlier this week federal Labor announced a funding boost of more than $6m that would go towards planning roads in the electorate of Eden-Monaro, but the Barton Highway was left off the list.
Sophie Wade, from the Barton Highway Community Action Group, said the road was a key issue for voters.
“I’m quite shocked, I can’t believe the Barton Highway doesn’t rate a mention, it’s a critical piece of infrastructure in this electorate, and the safety issues need to be addressed urgently,” she said.
And another thing(s)
Conservative South Australian Liberal Senator Cory Bernadi has defended using his blog to link to an article by a controversial “pick-up artist” whose views have been condemned around the world.
Calla Wahlquist writes that “Bernardi offered the article with the preface “know thyself”, to which the internet responded with variations of “know thy source”.”
Bernardi shared the article with his 17,000 Twitter followers on Wednesday, saying it was “particularly relevant to many Twitter users”.
The article was a lengthy missive against “social justice warriors” and warned the readers, assumed to be white heterosexual men, against attacks from those who find their statements offensive.
The author, Daryush Valizadeh, who uses the moniker Roosh V online, is best known for an article – which he said was “satirical” – that argued rape should be legal on private property.
He was monitored by the immigration minister, Peter Dutton, in February, after suggesting he would come to Australia to attend a series of men-only “tribal meetings” for supporters of his website, Return of Kings.
Unfortunately, Valizadeh has seized on Bernadi’s linking to him, using Twitter to boast about the outrage it has created. I’m not going to link to that tweet, because Valizadeh doesn’t deserve that.
Dear outraged, the article I linked to is interesting in light of events of last week. It doesn't mean I endorse author's other views.
Because Bernadi deserves to be taken to task
i estimate it'll be 1 week before cory bernardi links to a deeply racist reddit comment by a guy with the username NeonGenesisEvangelion69
Senator Cory Bernardi tweeting Roosh Valizadeh link is worse than irresponsible, it’s dangerous #RooshIsaRapist https://t.co/XthmrMNCZT
Hmm, why are Cory Bernardi" and Roosh V trending local right now? OMFGhttps://t.co/bEwfDDh9zN
Updated
at 10.18pm BST