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Labor will repeal company tax cuts – politics live Scott Morrison hits back at Labor's 'tax grab to go' – politics live
(35 minutes later)
Amanda Rishworth says Labor has been “very clear from the get go” about its tax plan.
“We have not supported the majority of the government’s corporate tax cuts because we don’t believe that we can achieve a budget repair that is fair, that still properly funds our schools and hospitals and give income tax cuts to those that need it the most,” she told Sky News.
“We have been very, very clear from the outset, we considered our position and now we have made a decision. There will be a clear choice at the election – there will be no uncertainty or illusion. There will be a clear choice at the election about what priorities would have – that is funding schools, hospitals and income tax cuts for those that will benefit the most – those low and middle income households.
“And there will be a clear choice between that and the Liberals’ plan to give big companies a tax cut.”
Talking to some of the Labor peeps, the decision not to support the business tax cuts, which have already been legislated, was discussed by caucus. The decision to repeal those tax cuts was not. So perhaps a bit of a captain’s call, or at least a leadership group’s call, there.
Labor hasn’t said what it will do for businesses with a turnover over $2m.Labor hasn’t said what it will do for businesses with a turnover over $2m.
There are about 94,000 businesses in Australia, with a turnover between $2m and $50m, according to Treasury figures from a few months ago - with those businesses employing just over 3.3 million Australians. There are about 94,000 businesses in Australia, with a turnover between $2m and $50m, according to Treasury figures from a few months ago – with those businesses employing just over 3.3 million Australians.
Not only the Snake of Envy - the man who gave us unbelieva-Bill, now presents: Not only the Snake of Envy – the man who gave us unbelieva-Bill, now presents:
Bill Shafton.Bill Shafton.
Scott Morrison is still talking:Scott Morrison is still talking:
We believe the Enterprise Tax Plan should apply across all businesses as you know. By the time there are reductions in company taxes for businesses at that level, the banks already would have paid some $16bn in the bank levy which basically completely wipes out any benefit that they would directly receive from a lower tax rate.We believe the Enterprise Tax Plan should apply across all businesses as you know. By the time there are reductions in company taxes for businesses at that level, the banks already would have paid some $16bn in the bank levy which basically completely wipes out any benefit that they would directly receive from a lower tax rate.
“So, sorry ... We believe the enterprise tax plan should apply across all businesses. For the simple reason – that small businesses do business with large businesses.“So, sorry ... We believe the enterprise tax plan should apply across all businesses. For the simple reason – that small businesses do business with large businesses.
“Take Qantas, for example, they have like 13,000 small business suppliers. I mean, how do they do better with Qantas if Qantas is paying higher taxes?“Take Qantas, for example, they have like 13,000 small business suppliers. I mean, how do they do better with Qantas if Qantas is paying higher taxes?
“I have never understood the argument for taxes remaining high. It is bad enough that there seems to be some view in the Labor party, even though, as we all know, they used to support these changes, that if you ask businesses, demand, mandate them to pay higher taxes, how that actually helps them be more competitive?“I have never understood the argument for taxes remaining high. It is bad enough that there seems to be some view in the Labor party, even though, as we all know, they used to support these changes, that if you ask businesses, demand, mandate them to pay higher taxes, how that actually helps them be more competitive?
“How it helps them to employ more people, to increase wages or increase productivity? I don’t understand the argument which says, ‘Pay the government more tax and you will do better and the economy will be better off’. What is even worse is the global movement in taxes on business around the world is down and if our businesses remain where they are, we will have the second-highest tax rate for business in the OECD.“How it helps them to employ more people, to increase wages or increase productivity? I don’t understand the argument which says, ‘Pay the government more tax and you will do better and the economy will be better off’. What is even worse is the global movement in taxes on business around the world is down and if our businesses remain where they are, we will have the second-highest tax rate for business in the OECD.
“Now, when it first came down, both under treasurers and Prime Minister Keating and Treasurer Costello there were 19 countries that had taxes higher than us. There will only be one. How long will that last?“Now, when it first came down, both under treasurers and Prime Minister Keating and Treasurer Costello there were 19 countries that had taxes higher than us. There will only be one. How long will that last?
“They want to leave us up there in the stratosphere for higher taxes for our businesses and not afford them relief. Even for businesses with a turnover of between $10-50m. This is a naked tax grab. This is a tax grab to go and spend money all over the shop in some sort of big plate the cash splash. That is what Bill Shorten wants. He wants a big chest to just splash cash all over the country to pursue only one interest – and it isn’t the national interest, it is his own political interest.”“They want to leave us up there in the stratosphere for higher taxes for our businesses and not afford them relief. Even for businesses with a turnover of between $10-50m. This is a naked tax grab. This is a tax grab to go and spend money all over the shop in some sort of big plate the cash splash. That is what Bill Shorten wants. He wants a big chest to just splash cash all over the country to pursue only one interest – and it isn’t the national interest, it is his own political interest.”
Here’s what Bill Shorten told the Labor caucus today:Here’s what Bill Shorten told the Labor caucus today:
“Turnbull has no clue how people actually live and I do believe his wealth is connected to that ... Longman is very close and Braddon is very difficult but we do have the better candidates, the better policies and the better values.”“Turnbull has no clue how people actually live and I do believe his wealth is connected to that ... Longman is very close and Braddon is very difficult but we do have the better candidates, the better policies and the better values.”
Shorten cited the Coalition’s $144bn personal income tax cuts and total $80bn tax package as evidence of Labor’s superior “values”, arguing the income tax cuts would give parliamentarians a tax cut of $7,000.Shorten cited the Coalition’s $144bn personal income tax cuts and total $80bn tax package as evidence of Labor’s superior “values”, arguing the income tax cuts would give parliamentarians a tax cut of $7,000.
Scott Morrison on Bill Shorten’s announcement:Scott Morrison on Bill Shorten’s announcement:
This is terrible news for 1.5 million Australians who work in those businesses that will have to face higher taxes under Labor if Labor is elected.This is terrible news for 1.5 million Australians who work in those businesses that will have to face higher taxes under Labor if Labor is elected.
How Labor thinks taxing those businesses with an average of 75 employees is going to help those businesses actually go out there and compete and make their way ahead is beyond me and I think it just demonstrates how Labor just don’t get it when it comes to having plans for a stronger economy.How Labor thinks taxing those businesses with an average of 75 employees is going to help those businesses actually go out there and compete and make their way ahead is beyond me and I think it just demonstrates how Labor just don’t get it when it comes to having plans for a stronger economy.
Labor used to talk about the ladder of opportunity. We all remember that. They used to talk about the ladder of opportunity. Well, under Bill Shorten, under the Labor Party today, what we have is the snake of envy. This is a snake and ladders game under Labor. It used to be the ladder of opportunity and now it is the snake of envy under Bill Shorten. Australians will slide down under Labor. They will slide down. They will either pay those taxes directly in higher taxes, as we know more than $200bn in higher taxes on the economy, or they will pay for them through the suffocation of the economy through higher taxes.”Labor used to talk about the ladder of opportunity. We all remember that. They used to talk about the ladder of opportunity. Well, under Bill Shorten, under the Labor Party today, what we have is the snake of envy. This is a snake and ladders game under Labor. It used to be the ladder of opportunity and now it is the snake of envy under Bill Shorten. Australians will slide down under Labor. They will slide down. They will either pay those taxes directly in higher taxes, as we know more than $200bn in higher taxes on the economy, or they will pay for them through the suffocation of the economy through higher taxes.”
The ladder of opportunity dates back to Mark Latham’s first press conference as opposition leader in 2003:The ladder of opportunity dates back to Mark Latham’s first press conference as opposition leader in 2003:
Now some people today of course will be asking, ‘who is Mark Latham and what does he stand for?’ Well I stand for the things that I’ve been doing all my life – working hard trying to climb that ladder of opportunity, working hard, studying hard.Now some people today of course will be asking, ‘who is Mark Latham and what does he stand for?’ Well I stand for the things that I’ve been doing all my life – working hard trying to climb that ladder of opportunity, working hard, studying hard.
I believe in an upwardly mobile society where people can climb the rungs of opportunity, climbing the ladder of opportunity to a better life for themselves and their family. I believe in hard work.I believe in an upwardly mobile society where people can climb the rungs of opportunity, climbing the ladder of opportunity to a better life for themselves and their family. I believe in hard work.
I believe in reward for effort. I believe in a Government that is there to help the people who are doing the right thing – the people who are getting stuck in, doing things the fair dinkum Australian way.I believe in reward for effort. I believe in a Government that is there to help the people who are doing the right thing – the people who are getting stuck in, doing things the fair dinkum Australian way.
And that’s always been the case for me, always the case of working hard and getting stuck in.And that’s always been the case for me, always the case of working hard and getting stuck in.
That was me from public housing seeing that my mum was in a home of her own. I worked hard through school and got through to university, then I moved on to a good job and worked hard.That was me from public housing seeing that my mum was in a home of her own. I worked hard through school and got through to university, then I moved on to a good job and worked hard.
I then, when I had the honour to serve in my local community in local government and then for the last 10 years working hard in the Australian parliament.I then, when I had the honour to serve in my local community in local government and then for the last 10 years working hard in the Australian parliament.
You’ve got to get stuck in and I believe passionately in climbing the rungs of opportunity. And I want that for all Australians.You’ve got to get stuck in and I believe passionately in climbing the rungs of opportunity. And I want that for all Australians.
I believe in upward mobility. I believe in climbing that ladder. And the problem in Australia that we’ve got at the moment is the Howard Government has taken out too many of the rungs.I believe in upward mobility. I believe in climbing that ladder. And the problem in Australia that we’ve got at the moment is the Howard Government has taken out too many of the rungs.
It has taken out too many rungs. I want to put them back in. The rungs of opportunity that comes from good quality health care in our society, the opportunity that comes from a decent, affordable education, the basic services that all our community rely on.It has taken out too many rungs. I want to put them back in. The rungs of opportunity that comes from good quality health care in our society, the opportunity that comes from a decent, affordable education, the basic services that all our community rely on.
These are the things we’ve got to restore. We’ve got to put those rungs back into the ladder of opportunity in this country.These are the things we’ve got to restore. We’ve got to put those rungs back into the ladder of opportunity in this country.
There are about 14,000 businesses in Australia sitting between the $10m and $50m threshold.There are about 14,000 businesses in Australia sitting between the $10m and $50m threshold.
Scott Morrison has rounded that up to “about $20,000” and quotes Mark Latham in saying that Labor used “to talk about the ladder of opportunity”.Scott Morrison has rounded that up to “about $20,000” and quotes Mark Latham in saying that Labor used “to talk about the ladder of opportunity”.
“It used to be the ladder of opportunity, and now it is the snake of envy under Bill Shorten. And Australians will slide down,” he says.“It used to be the ladder of opportunity, and now it is the snake of envy under Bill Shorten. And Australians will slide down,” he says.
I was curious to see whether any of the Labor folks would raise Anthony Albanese’s speech last Friday during their regular caucus meeting this morning.I was curious to see whether any of the Labor folks would raise Anthony Albanese’s speech last Friday during their regular caucus meeting this morning.
Apparently it was all quiet on that score.Apparently it was all quiet on that score.
Bill Shorten, according to people in the room, downplayed expectations during his pep talk that they would do fantastically well in the looming Super Saturday byelections.Bill Shorten, according to people in the room, downplayed expectations during his pep talk that they would do fantastically well in the looming Super Saturday byelections.
These would be tough contests, he told colleagues.These would be tough contests, he told colleagues.
Also Madeleine King, the WA backbencher, has been elevated to the front bench after being anointed by the right faction last night. There was some concern that one of King’s colleagues might ambush nominate at this morning’s meeting because the filling of this front bench vacancy has been internally controversial, but it was all quiet on the western front.Also Madeleine King, the WA backbencher, has been elevated to the front bench after being anointed by the right faction last night. There was some concern that one of King’s colleagues might ambush nominate at this morning’s meeting because the filling of this front bench vacancy has been internally controversial, but it was all quiet on the western front.
(If you’ve missed the King controversy let me cut a long story short: the right power brokers wanted Nick Champion to fill the spot left vacant after the departure of Tim Hammond, the left went nuts because putting Champion in would have meant the right was in breach of affirmative actions rules. A women was subsequently sought. Several women were interested in filling the vacancy. King, a West Australian, was ultimately selected. Not everyone is happy about it.)(If you’ve missed the King controversy let me cut a long story short: the right power brokers wanted Nick Champion to fill the spot left vacant after the departure of Tim Hammond, the left went nuts because putting Champion in would have meant the right was in breach of affirmative actions rules. A women was subsequently sought. Several women were interested in filling the vacancy. King, a West Australian, was ultimately selected. Not everyone is happy about it.)
Overnight, a Greens motion, put forward by Nick McKim, to stop the removal of the discount for pensioners, veterans and widows applying for citizenship applications, was passed, with Labor and members of the crossbench – which means it won’t be going ahead.Overnight, a Greens motion, put forward by Nick McKim, to stop the removal of the discount for pensioners, veterans and widows applying for citizenship applications, was passed, with Labor and members of the crossbench – which means it won’t be going ahead.
The government had moved to scrap the discount, which would have meant those eligible for it would be forced to pay for $285 for their application.The government had moved to scrap the discount, which would have meant those eligible for it would be forced to pay for $285 for their application.
With the discounts remaining in place, they will only have to pay $20 or $40, depending on their situation.With the discounts remaining in place, they will only have to pay $20 or $40, depending on their situation.
The South Australian boundary carve up has been announced by the electoral commission:The South Australian boundary carve up has been announced by the electoral commission:
The augmented electoral commission for South Australia today announced the outcome of its deliberations on the names and boundaries of the 10 federal electoral divisions in South Australia.The augmented electoral commission for South Australia today announced the outcome of its deliberations on the names and boundaries of the 10 federal electoral divisions in South Australia.
Tom Rogers, the presiding member and electoral commissioner, thanked the individuals and organisations who contributed to the redistribution of South Australia throughout the redistribution process.“All written objections and comments, as well as the information presented at the inquiry in Adelaide on 7 June have been thoroughly considered,” Rogers said.“After a comprehensive consideration of these contributions, the augmented electoral commission has unanimously decided to adopt the redistribution proposed by the Redistribution Committee for South Australia without change,” Rogers said.The redistribution of South Australian federal electoral divisions was required as South Australia’s resident population relative to that of other states and territories means that it is now entitled to 10 federal electoral divisions.Tom Rogers, the presiding member and electoral commissioner, thanked the individuals and organisations who contributed to the redistribution of South Australia throughout the redistribution process.“All written objections and comments, as well as the information presented at the inquiry in Adelaide on 7 June have been thoroughly considered,” Rogers said.“After a comprehensive consideration of these contributions, the augmented electoral commission has unanimously decided to adopt the redistribution proposed by the Redistribution Committee for South Australia without change,” Rogers said.The redistribution of South Australian federal electoral divisions was required as South Australia’s resident population relative to that of other states and territories means that it is now entitled to 10 federal electoral divisions.
Final boundariesFinal boundaries
The redistribution committee’s full proposal is detailed on theAEC website, along with a full overview of the augmented electoral commission’s conclusions on objections to the redistribution committee’s proposed redistribution.The Division of Port Adelaide will be abolished and changes will be made to the boundaries of all of South Australia’s remaining electoral divisions.“The final boundaries have resulted principally from the need to reduce the number of electoral divisions from 11 to 10. Abolishing an electoral division, together with the need to ensure that all of South Australia’s 10 electoral divisions then meet the numerical requirements of the Electoral Act, means that changes have been made to the boundaries of all electoral divisions in South Australia,” Rogers said.The redistribution committee’s full proposal is detailed on theAEC website, along with a full overview of the augmented electoral commission’s conclusions on objections to the redistribution committee’s proposed redistribution.The Division of Port Adelaide will be abolished and changes will be made to the boundaries of all of South Australia’s remaining electoral divisions.“The final boundaries have resulted principally from the need to reduce the number of electoral divisions from 11 to 10. Abolishing an electoral division, together with the need to ensure that all of South Australia’s 10 electoral divisions then meet the numerical requirements of the Electoral Act, means that changes have been made to the boundaries of all electoral divisions in South Australia,” Rogers said.
Final namesFinal names
The augmented electoral commission has retained the names of the Divisions of Adelaide, Barker, Boothby, Grey, Hindmarsh, Kingston, Makin, Mayo and Sturt.The previous Division of Wakefield will become the Division of Spence. This is in recognition of Catherine Helen Spence (1825–1910) for her work as an advocate for female suffrage and electoral reform.Once the redistribution is formally determined on Friday 20 July 2018, the number of South Australia’s electoral divisions named after women will double from one to two.The augmented electoral commission has retained the names of the Divisions of Adelaide, Barker, Boothby, Grey, Hindmarsh, Kingston, Makin, Mayo and Sturt.The previous Division of Wakefield will become the Division of Spence. This is in recognition of Catherine Helen Spence (1825–1910) for her work as an advocate for female suffrage and electoral reform.Once the redistribution is formally determined on Friday 20 July 2018, the number of South Australia’s electoral divisions named after women will double from one to two.
Next stepsNext steps
The augmented electoral commission notes this proposal is not significantly different from the proposal of the redistribution committee and therefore no further input from members of the public will be sought.The names and boundaries of the federal electoral divisions for South Australia will apply from Friday 20 July 2018 when a notice of determination is published in the Commonwealth Government Notices Gazette.Note: Electoral events will not be contested on these new federal electoral divisions until a writ is issued for a general election following the expiry or dissolution of the House of Representatives.The augmented electoral commission notes this proposal is not significantly different from the proposal of the redistribution committee and therefore no further input from members of the public will be sought.The names and boundaries of the federal electoral divisions for South Australia will apply from Friday 20 July 2018 when a notice of determination is published in the Commonwealth Government Notices Gazette.Note: Electoral events will not be contested on these new federal electoral divisions until a writ is issued for a general election following the expiry or dissolution of the House of Representatives.
The Mayo byelection is being conducted on the boundaries in place for the Division of Mayo at the 2016 federal election.The Mayo byelection is being conducted on the boundaries in place for the Division of Mayo at the 2016 federal election.
Overview maps will be available on the AEC website on Friday 20 July 2018. Detailed maps and a report outlining the augmented electoral commission’s reasons for its formal determination will be tabled in the federal parliament and will subsequently be made publicly available.Overview maps will be available on the AEC website on Friday 20 July 2018. Detailed maps and a report outlining the augmented electoral commission’s reasons for its formal determination will be tabled in the federal parliament and will subsequently be made publicly available.
The Greens spoke about the Neg in their party room – and the need to keep further coal infrastructure out of it – as it stands, if it came up for a vote, the Greens would vote against it.The Greens spoke about the Neg in their party room – and the need to keep further coal infrastructure out of it – as it stands, if it came up for a vote, the Greens would vote against it.
Weak targets and shifting the burden to other sectors – transport and agriculture – were the reasons for that.Weak targets and shifting the burden to other sectors – transport and agriculture – were the reasons for that.
The Greens also want to look and see what the Labor states will do – whether or not they will stand up for the renewables sector.The Greens also want to look and see what the Labor states will do – whether or not they will stand up for the renewables sector.
Higher education is also back on the agenda – the Greens think Centre Alliance may have done a deal with the government. We’ll check that out and get back to you.Higher education is also back on the agenda – the Greens think Centre Alliance may have done a deal with the government. We’ll check that out and get back to you.
Back on the drones, Labor is pointing out that the government has already announced the program. Three times previously.Back on the drones, Labor is pointing out that the government has already announced the program. Three times previously.
There was March 2014There was March 2014
Then February 2016Then February 2016
And then May 2017And then May 2017
And then again todayAnd then again today
The government does point out that the roll out won’t commence until 2023 though:The government does point out that the roll out won’t commence until 2023 though:
Australia has already taken delivery of seven Poseidon aircraft and achieved Initial Operational Capability earlier this year. The full fleet of 12 Poseidon aircraft is expected to be delivered and in operation by 2022.Australia has already taken delivery of seven Poseidon aircraft and achieved Initial Operational Capability earlier this year. The full fleet of 12 Poseidon aircraft is expected to be delivered and in operation by 2022.
The first of the Triton aircraft is expected to be introduced into service in mid-2023 with all six aircraft planned to be delivered and in operation by late 2025, based at RAAF Base, Edinburgh in South Australia.The first of the Triton aircraft is expected to be introduced into service in mid-2023 with all six aircraft planned to be delivered and in operation by late 2025, based at RAAF Base, Edinburgh in South Australia.
The Orion fleet has performed exceptionally on operations throughout its distinguished service, and the last of these aircraft will be over 40 years old when they are withdrawn from service in 2023.”The Orion fleet has performed exceptionally on operations throughout its distinguished service, and the last of these aircraft will be over 40 years old when they are withdrawn from service in 2023.”
A Labor peep says reversing those company tax cuts has been the party’s position for awhile, but to be honest, that is news to me.A Labor peep says reversing those company tax cuts has been the party’s position for awhile, but to be honest, that is news to me.
Not sure if I missed it somewhere (very possible, I do occasionally have to sleep) but I think I would have remembered.Not sure if I missed it somewhere (very possible, I do occasionally have to sleep) but I think I would have remembered.
They have just pointed out that it hasn’t been explicit, but it’s been understood that is where the party was heading.They have just pointed out that it hasn’t been explicit, but it’s been understood that is where the party was heading.
If you’ve been following the national energy guarantee debate this week you’ll know that the energy minister Josh Frydenberg lined up a group of business folks to address the backbench environment and energy committee this morning.If you’ve been following the national energy guarantee debate this week you’ll know that the energy minister Josh Frydenberg lined up a group of business folks to address the backbench environment and energy committee this morning.
The group appeared afterwards to speak to television reporters. The message from representatives of the Business Council of Australia, the Ai Group and the National Farmers Federation was clear: get on with passing the Neg people, we’ll work out the fine print in due course.The group appeared afterwards to speak to television reporters. The message from representatives of the Business Council of Australia, the Ai Group and the National Farmers Federation was clear: get on with passing the Neg people, we’ll work out the fine print in due course.
Jennifer Westacott from the BCA: “If this doesn’t go ahead, this is ground zero and investment will go to other countries.”Jennifer Westacott from the BCA: “If this doesn’t go ahead, this is ground zero and investment will go to other countries.”
Innes Willox from the Ai Group: “I think we all made the point there is no real alternative. If this doesn’t work, we go back to chaos”.Innes Willox from the Ai Group: “I think we all made the point there is no real alternative. If this doesn’t work, we go back to chaos”.
Tony Abbott also stopped by the camp of TV reporters and made it clear he wasn’t rescinding his threat that he might cross the floor if he doesn’t like what Frydenberg ultimately brings to the parliament.Tony Abbott also stopped by the camp of TV reporters and made it clear he wasn’t rescinding his threat that he might cross the floor if he doesn’t like what Frydenberg ultimately brings to the parliament.
Fiona Simson of the NFF said if Abbott crossed the floor, that would be “very disappointing”.Fiona Simson of the NFF said if Abbott crossed the floor, that would be “very disappointing”.
She didn’t mince words. “We think we can make this work ... we don’t want politics to get in the way, and we don’t want internal politics to get in the way.”She didn’t mince words. “We think we can make this work ... we don’t want politics to get in the way, and we don’t want internal politics to get in the way.”
Willox didn’t either: “To kill this off really would be wrecking-ball politics.”Willox didn’t either: “To kill this off really would be wrecking-ball politics.”
New reviews into legislation surrounding “online safety” have been launched.New reviews into legislation surrounding “online safety” have been launched.
Mitch Fifield says it’s “timely”Mitch Fifield says it’s “timely”
The government has appointed Ms Lynelle Briggs AO to conduct a review of the Enhancing Online Safety Act 2015 (the Online Safety Act), which sets out the powers, functions and governance arrangements for the Office of the eSafety Commissioner.The government has appointed Ms Lynelle Briggs AO to conduct a review of the Enhancing Online Safety Act 2015 (the Online Safety Act), which sets out the powers, functions and governance arrangements for the Office of the eSafety Commissioner.
Ms Briggs will examine whether the provisions in the Online Safety Act remain fit for purpose.Ms Briggs will examine whether the provisions in the Online Safety Act remain fit for purpose.
Ms Briggs will, at the same time, review Schedules 5 and 7 of the Broadcasting Services Act 1992 (BSA) which regulates the internet and content services industries in relation to prohibited content. The review will look at the type of content covered and best practice approaches for regulating online content.”Ms Briggs will, at the same time, review Schedules 5 and 7 of the Broadcasting Services Act 1992 (BSA) which regulates the internet and content services industries in relation to prohibited content. The review will look at the type of content covered and best practice approaches for regulating online content.”
The Greens have emerged from their party room. We’ll bring you what was discussed there as soon as we can.The Greens have emerged from their party room. We’ll bring you what was discussed there as soon as we can.