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Scott Morrison denies Labor's charge of $2bn budget black hole – politics live Scott Morrison denies Labor's charge of $2bn budget black hole – politics live
(35 minutes later)
6.34am BST
06:34
Linda Burney and other opposition MPs did not get invitations to 1967 ceremony
Labor’s Tony Burke has taken up an issue with the Speaker, not in relation to his duties.
Burke says government MPs received invitations to the Indigenous ceremonies celebrating 50 years since the 1967 referendum in the morning.
Most opposition members did not receive an invitation, including Indigenous MP Linda Burney who was not counted in the census until that referendum.
Speaker Smith says the event was organised by an outside organisation. He thanks Burke for raising it in a respectful way. Labor thanks him for the advice.
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6.25am BST
06:25
Labor budget suspension motion goes down on the numbers.
A government question to Barnaby Joyce on inland rail.
Barnabus is goading Anthony Albanese.
Given the inland rail doesn’t go to the port but stops 84km short of the port, he might want to address that.
This is in fact correct.
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06:19
Paul Karp
The Greens should not block the Gonski 2.0 schools funding bill because public schools will get less under current legislated funding growth rates, Simon Birmingham has warned.
The government argues that Gonski 2.0 increases schools funding by $2bn over four years (or $18bn over 10), while Labor has said it is a $22bn cut relative to needs-based funding agreements with the states.
On Tuesday, Greens education spokeswoman, Sarah-Hanson Young, introduced a possible third-way through the funding debate when she said the Greens would examine whether blocking the Gonski 2.0 bill could increase schools funding by locking in default rates of funding growth in the current law.
Asked at a doorstop at Queanbeyan Public School on Wednesday if the Turnbull government plan would give more than legislated indexation, Birmingham said “for schools like this, absolutely”.
What we see under our reforms is growth across government schools forecast to be for 10 years in excess of 5% per student per annum in funding – it is clearly above the current maximum rate allowed under the Australian Education Act.
The Australian Education Act grants 4.7% funding growth to schools that are not yet at their resource standard, including all public schools. Those already above the standard receive 3% a year growth.
The Turnbull plan cuts indexation from 4.7% for needy schools to 3.56% for all schools for the first two years, but offers public schools an average annual increase in per student funding of 5.2% over four years.
It’s possible both he and Sarah Hanson-Young are right: public schools stand to benefit, but overall across all systems the funding may be less than if the current indexation were continued. Birmingham declined to answer whether, in aggregate, all schools would get more funding under Gonski 2.0 or the current legislation.
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6.17am BST
06:17
Paul Karp
The attorney general, George Brandis, has told Senate estimates he will provide a statement on the Lindt cafe siege inquest later in the afternoon.
Brandis said he met ASIO director general of security, Duncan Lewis, and AFP commissioner, Andrew Colvin, at lunch time today and discussed the coroner’s report. He said the statement would make observations on the report “of a preliminary nature”. Labor is keen to ask him about letters sent to him and the attorney general’s department by Monis.
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6.16am BST
06:16
Game of Tones, series 7.
Looking forward to my weekly chat with Ben from 4.30pm https://t.co/zzhc4f1YWn
6.13am BST
06:13
This is the original motion:
That the house notes:
(a) both Morgan Stanley and Deutsche Bank have advised the bank tax is likely to fall short of forecasts in the Budget;
(b) yesterday in Question Time, the Treasurer used a figure to defend his bank tax which represents only nine months of payments against the full 12 month figure reported by the banks;
(c) the big four banks have reported the bank tax will raise $965m over 12 months;
(d) the Budget clearly states the bank tax will raise $1.6bn over 12 months;
(e) this leaves a significant shortfall in the bank tax, blowing a $2bn black hole in the budget over four years; and
(f) the treasurer sought to mislead this House about the bank tax and his $2bn black hole; and
(2) calls on the Treasurer to:
(a) admit there is a $2bn black hole in the budget because of his incompetence;
(b) admit he sought to mislead the House about his $2 billion black hole;
(c) come clean by immediately releasing the bank tax legislation and explaining how he intends to fill the $2bn black hole he has blown in the budget; and
(d) apologise to every member of this House for his underhanded attempts to mislead them.
Updated
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6.12am BST
06:12
Government wins the second gag. Now the suspension motion is put.
6.11am BST
06:11
Updated
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6.10am BST
06:10
Updated
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6.08am BST
06:08
Government wins the gag. Bowen sits down. Tony Burke rises to speak. Government gags both.
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6.07am BST
06:07
6.02am BST6.02am BST
06:0206:02
Not sure what Bowen is doing here...Not sure what Bowen is doing here...
6.00am BST6.00am BST
06:0006:00
Christopher Pyne, leader of the government in the house, moves to gag Chris Bowen.Christopher Pyne, leader of the government in the house, moves to gag Chris Bowen.
The bells ring for the vote.The bells ring for the vote.
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5.59am BST5.59am BST
05:5905:59
Labor treasury shadow Chris Bowen moves a suspension of standing orders during question time.Labor treasury shadow Chris Bowen moves a suspension of standing orders during question time.
It is on what he calls the budget shortfall regarding estimates as to how much the bank tax will raise.It is on what he calls the budget shortfall regarding estimates as to how much the bank tax will raise.
5.57am BST5.57am BST
05:5705:57
5.56am BST5.56am BST
05:5605:56
5.54am BST5.54am BST
05:5405:54
Bowen to Morrison: are disclosures to the Australian Stock Exchange, statements by Morgan Stanley and the treasurer’s refusal to give straight answers to basic questions all lead to one conclusion, there is a $2bn hole in this budget. When will the treasurer admit this blackhole and what cuts will the treasurer bring back to fill it?Bowen to Morrison: are disclosures to the Australian Stock Exchange, statements by Morgan Stanley and the treasurer’s refusal to give straight answers to basic questions all lead to one conclusion, there is a $2bn hole in this budget. When will the treasurer admit this blackhole and what cuts will the treasurer bring back to fill it?
Morrison:Morrison:
He can run as hard down this dry gully as he likes, Mr Speaker but it is a dry gully. What the government has done has set out a very clear measure.He can run as hard down this dry gully as he likes, Mr Speaker but it is a dry gully. What the government has done has set out a very clear measure.
5.50am BST
05:50
Jim Chalmers to Scott Morrison: Morgan Stanley has said that the bank tax may only raise $1bn in its first full year and Deutsche Bank has said that the bank tax is likely to fall short of the $6.2 billion targeted in the budget. Treasurer, there is a $2bn hole in your budget. How will the government fill it?
Morrison says the only thing consuming Labor is the poor ole’ big banks.
He says the budget numbers are outlined in the budget papers and accuses Labor of having a budget hole due to its policy to reverse the small business cuts.
While Labor opposed the company tax cuts, they have not committed to reversing the legislation.
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5.46am BST
05:46
Bowen to Morrison: The big four banks disclosures to the Australian Stock Exchange show a $2bn black hole in the bank tax. Does the treasurer have any reason to believe these disclosures are inaccurate, given a false statement to the Australian Stock Exchange would be an offence under the Corporations Act?
Morrison says he assumes the banks know what they are doing.
Mr Speaker, I cast no aspersions on the banks. I cast none. They are making statements that I assume that they believe are fully accurate from their perspective. I assume they are because that’s what they’re obliged to do.
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5.41am BST
05:41
Bowen to Morrison: The big four banks have reported to the Australian Stock Exchange that they will pay $965m over 12 months for the bank tax. Isn’t it the case that this falls well short of the 12-month figure in the Budget of $1.6 billion for the bank tax? When will the Treasurer admit, just admit, that he has a $2 billion black hole?
Morrison says the four major banks and Macquarie each were able to retain their credit rating after the budget when regional banks sadly were not able to maintain theirs.
That is why the bank levy was announced, to make up for the implicit guarantee for big banks, he says.
The shadow treasurer may want to sit there with no clothes on when it comes to issues like this ... it is a horrible thought... I apologise to the House... but at the same time he represents a party that brought in a $12 billion mining tax that didn’t barely raise a sniffle, Mr Speaker, and for that they should hang their heads in shame.
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5.34am BST
05:34
Bowen to Morrison: Why did the treasurer in question time yesterday use a figure of $1.2bn which represents only 9 months of payments compared to the full 12-month figure reported by the banks to the Australian Stock Exchange. Was the treasurer seeking to paper over the $2bn black hole in the bank tax?
Morrison:
It is a simple statement of fact that that was the cash position for 17/18 and we also outlined the accrual position, which was $1.6bn.
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5.31am BST
05:31
Andrew Wilkie to Malcolm Turnbull: Waiting times are the longest for any state, for example, 936 days for urgent gastro and liver appointments and doctors tell me patients are dying while waiting for appointments. Ambulance Tasmania has the slowest response time of any state. No wonder the AMA has lost confidence and the Royal Hobart hospital staff association warns of a severe risk to patient safety over this winter. Prime minister, considering the federal government spends billions of dollars on Tasmanian health, will you now order an urgent inquiry into this dangerous, costly and avoidable fiasco?
Turnbull says funding for health is at a record high but the commonwealth is not responsible for health.
I recognise the concerns the honourable member has, but I would say to the honourable member that the provision of the substantial financial support the Commonwealth makes to Tasmania enables the state government to deliver for its part on the public hospital services for which it is responsible. Those are the Tasmanian government’s constitutional responsibilities.
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5.22am BST
05:22
Chris Bowen to Scott Morrison: Is the treasurer aware that the $1.2 billion figure he used in parliament yesterday in relation to the bank tax is completely misleading? Because it represents only nine months of payments compared to the full 12-month figure reported by the banks to the Australian Stock Exchange?
Morrison riffs off the old Commonwealth Bank ad, which bank are you appearing for?
The figure I referred to was the gross cash figure for 17/18 which is set out in the budget papers for 17/18. I was asked about what the figure would be in 2017/18, that’s what the figure is in 2017/18.
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5.19am BST
05:19
There is another government question on Manchester, including an updated travel warning to the UK from foreign minister Julie Bishop.
5.18am BST
05:18
Plibersek to Turnbull: Does the prime minister agree with this statement in relation to his schools policy: “Compared to Labor’s arrangements, this representing a saving of $22.3 billion over 10 years.” If not, why did the Prime Minister’s Office distribute this document to journalists stating that his schools policy was a $22.3bn saving, compared to Labor’s policy? He was prepared to put it in writing. Why won’t he say it out loud?
Turnbull quotes the Age’s editorial this morning.
Talking about Labor’s credibility deficit and The Age editorialised, ‘this is neutered by another time-tested political parameter. Exorbitant promises are unconvincing, unless those making them can demonstrate the capacity to actually fund them.’
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5.16am BST
05:16
Malcolm Turnbull’s statement on Manchester and its aftermath is as it has been throughout the day.
Our agencies with whom I and my ministers are in constant touch are constantly upgrading, reviewing, adjusting our response measures. We must be more agile than those who seek to do us harm. We will always work tirelessly to keep Australians safe, and we do that by destroying Daesh in the field in the Middle East and by destroying their networks here at home.
Bill Shorten joins him to make a statement on indulgence. He says it was an attack aimed at innocent fun.
I just want to share the comments of Mrs Charlotte Campbell. She spoke to the media. Her words could be the parents of any of us in this House or indeed any Australian. She said, “I’m at home phoning everybody - hospitals, police, the centres that the children have been put in. Her dad is in Manchester looking for her. I’ve got my friends looking for her. I’ve got people I don’t even know looking for her. People messaging me saying that, “we’ve got her photo,” looking for her and we will get in contact if we see her, and I’m just hearing nothing. They basically told me to stay put and wait for a phone call.
Very soon after that, Mrs Campbell had a phone ring with the worst possible news. Her daughter, Olivia, was only 15 years old, and in time the shock will fade and the news will move on, but for families, the grief will remain. We will retain and remain our shared determination to defeat terrorism.
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5.10am BST
05:10
Matthew Killoran at the Courier Mail reports:
A key One Nation staffer Sean Black has been arrested by detectives.
Mr Black is a media adviser to Queensland senator Malcolm Roberts and was taken through the Roma Street watch-house just before midday Wednesday.
Details of the allegations cannot be reported for legal reasons. Charges have not yet been laid.
Updated
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