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You can find the current article at its original source at https://www.theguardian.com/australia-news/live/2016/oct/20/david-leyonhjelm-its-inconceivable-tony-abbott-would-not-know-about-gun-deal-politics-live
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Unemployment falls to 5.6% as participation rate slumps – politics live | Unemployment falls to 5.6% as participation rate slumps – politics live |
(35 minutes later) | |
3.33am BST | |
03:33 | |
Ben Doherty | |
The department of foreign affairs (Dfat) has confirmed The Guardian’s story from this morning, that Australia will vote against a resolution before the United Nations General Assembly to begin negotiations on outlawing nuclear weapons. | |
The UNGA will vote on the resolution later this month, but Australia has been a prominent agitator to defeat the push for a total global prohibition of nuclear weapons. | |
Under questioning from Greens Senator Lee Rhiannon, Dfat first assistant secretary Richard Sadlier confirmed Australia would maintain its opposition. | |
Consistent with the position to that we took to the Open-ended working group [into nuclear disarmament] report, we will be voting no with respect to that resolution. | |
Sadlier told estimates Australia’s position of nuclear disarmament was “consistent and clear”. | |
We do not support a ban treaty. A ban treaty that does not include the nuclear weapons states, those states which possess nuclear weapons, and is disconnected from the rest of the security environment, would be counterproductive and not lead to reductions in nuclear arsenals. | |
Sadlier said a ban treaty would “deepen divisions” between nuclear and non-nuclear weapons states. | |
The push for a global prohibition is gathering momentum - a ‘humanitarian pledge’ supporting the abolition of nuclear weapons has 127 nation signatories - but a ban treaty remains contentious without any support from the countries that actually have the weapons. | |
Australia’s relies on the “extended nuclear deterrence” of the US’s nuclear arsenal, but its prominent role in seeking to stymie ban treaty negotiations - including lobbying other countries to vote ‘no’ - has raised significant international attention. | |
Read more detail here. | |
3.31am BST | |
03:31 | |
Gareth Hutchens | |
Here’s an interesting update to the story about Australia’s corporate registry. | |
As we speak, the Turnbull government is considering privatising the corporate registry owned by the Australian Securities and Investments Commission (Asic). | |
The registry is a critical database of information on more than 2m companies in Australia, most of which aren’t listed on the Australian Securities Exchange. | |
Greens senator Peter Whish-Wilson asked Treasury officials what the privatisation would mean for competition, given it would create a private monopoly. | |
Treasury officials say bidders for the registry will have to “consult” Australia’s competition regulator - the Australian Competition and Consumer Commission - before any sale is approved. | |
It’s another hurdle for the government. | |
3.29am BST | |
03:29 | |
Plebiscite bill clears the lower house. Now for the senate. | |
Government wins the lower house votes on the bill to establish the marriage plebiscite. | |
In the process, the government gagged debate on the plebiscite. | |
Labor is not happy. | |
Weak PM's shameful party room fix gagged in the house - he is too scared to debate his unnecessary, harmful #plebiscite #auspol | |
3.23am BST | |
03:23 | |
Andrew Leigh has literally run into the House of Reps for the plebiscite vote - wearing bright orange tshirt, skins and trainers #auspol | |
3.16am BST | |
03:16 | |
The Coalition wins the vote 68-75. | |
So Labor’s attempt to throw out the plebiscite bill fails. | |
Now proceeding to the substantive vote in the lower house on the bill to establish a plebscite. | |
3.10am BST | |
03:10 | |
The government wins the gag vote. | |
Now the lower house votes on a Labor amendment which says - basically - chuck out the plebiscite bill and have a free vote. | |
3.08am BST | |
03:08 | |
The first vote will be on the gag. Labor wants to put up more speakers. The Coalition wants to close it and vote. | |
3.02am BST | |
03:02 | |
The parliament votes on the plebiscite bill. | |
2.52am BST | 2.52am BST |
02:52 | 02:52 |
Rock star reception for Katter, Xenophon & cattle owner Stirling Buntine in Canberra #Kidman pic.twitter.com/A72RqkgiCP | Rock star reception for Katter, Xenophon & cattle owner Stirling Buntine in Canberra #Kidman pic.twitter.com/A72RqkgiCP |
2.49am BST | 2.49am BST |
02:49 | 02:49 |
Lunchtime politics | Lunchtime politics |
Updated | |
at 3.05am BST | |
2.37am BST | 2.37am BST |
02:37 | 02:37 |
Unemployment = 5.6% | Unemployment = 5.6% |
Gareth Hutchens | Gareth Hutchens |
The Bureau of Statistics has just released its employment data for September. | The Bureau of Statistics has just released its employment data for September. |
It shows the trend unemployment rate decreased slightly, from 5.7% to 5.6%, between August and September. | It shows the trend unemployment rate decreased slightly, from 5.7% to 5.6%, between August and September. |
That looks like good news, on the face of it. | That looks like good news, on the face of it. |
When Reserve Bank governor Phil Lowe gave a speech in Sydney this week, he said the unemployment rate seemed like it was about 0.5 percentage points, or a bit more, above full employment. | When Reserve Bank governor Phil Lowe gave a speech in Sydney this week, he said the unemployment rate seemed like it was about 0.5 percentage points, or a bit more, above full employment. |
But there are huge changes occurring in the labour market which are concealed by that unemployment figure. | But there are huge changes occurring in the labour market which are concealed by that unemployment figure. |
Have a look at these numbers. | Have a look at these numbers. |
Since December 2015, full-time employment has fallen by 54,100 persons. | Since December 2015, full-time employment has fallen by 54,100 persons. |
In comparison, part-time employment has increased by 130,000 persons. | In comparison, part-time employment has increased by 130,000 persons. |
It means part-time’s share of total employment has increased from 31.1% to 32% in the last nine months. | It means part-time’s share of total employment has increased from 31.1% to 32% in the last nine months. |
We can see that switch occurring between August and September, where 7,900 full-time jobs were lost and 11,800 part-time jobs were gained. | We can see that switch occurring between August and September, where 7,900 full-time jobs were lost and 11,800 part-time jobs were gained. |
It coincides with a rise in the underemployment ratio (a proportion of employed persons) since November 2015, from 8.9% to 9.2%. | It coincides with a rise in the underemployment ratio (a proportion of employed persons) since November 2015, from 8.9% to 9.2%. |