This article is from the source 'guardian' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.theguardian.com/australia-news/live/2019/oct/14/coalition-labor-morrison-albanese-lambie-politics-live
The article has changed 22 times. There is an RSS feed of changes available.
Version 11 | Version 12 |
---|---|
One Nation members fundraise to attend AGM to oust Hanson as president for life – question time live | |
(32 minutes later) | |
Tony Burke tries to have the prime minister table his talking points, but Scott Morrison says he wasn’t quoting from anything. | |
Anthony Albanese to Scott Morrison: | |
Where in the Prime Minister’s talking points for today is the Prime Minister’s description of the banking royal commission as “hollow populist nonsense”, and how is this description consistent with his new inquiry announced today? Will he just say anything at any time when it’s convenient? | |
Morrison: | |
I thank the Leader of the Opposition for his question. As he may recall, I was the Treasurer that initiated the banking royal commission, Mr Speaker... | |
(Labor dissolves into laughter) | |
...I don’t recall a banking royal commission being initiated by the member for McMahon when he was Treasurer, or the member for Lilley when he was Treasurer. I don’t remember that at all, Mr Speaker. | |
I remember there was this government that took that action, and it’s now this government that is acting on the recommendations of the royal commission through the good work of the Treasurer, Mr Speaker. And now is taking further steps - just as we were doing from when we came into government, Mr Speaker, and particularly even before the royal commission reported - we introduced the Banking Executive Accountability Regime, we increased the resources for ASIC and APRA, and we made sure they had the powers available to then to do the work they need to do, Mr Speaker. So we’re taking action. | |
And I’ll tell you who we’re taking action for when it comes to the banking sector, Mr Speaker - that’s for bank customers, Mr Speaker. That’s who needs the greater competition that we want to see in this sector - for small business lenders as well - that’s why we’ve put $2 billion into the small Business Securitisation Fund to deepen and widen the pool of capital available for these new lenders to get their hands on, to provide even better business opportunities to small businesses. Mr Speaker, our government has a real plan, and is implementing a real plan to ensure we get greater competition, greater accountability, and better outcomes out of our banking and financial system to support those who want to go and buy a home, for those who want to go and run a business, for those who need that support to sustain them through the drought they’re facing now. | |
That’s what we’re putting in place, Mr Speaker. When those opposite were in this place - when those opposite were in this place, Mr Speaker, when it came to the needs of those who were customers of the banking and financial sector, they just simply looked the other way. | |
Rowan Ramsey, who always looks like an extra in a Dickens novel to me, has the first lickspittle. | |
Please refer to the government talking points on the drought for Scott Morrison’s answer. | |
Anthony Albanese to Scott Morrison: | |
The prime minister’s talking points for today say “the major banks have decided to put their profits before their customers”. If that’s the case, why did the treasurer say, just nine days ago, “I’m not focused on new inquiries” – only to announce a new inquiry on interest rates today? | |
Josh Frydenberg takes this one. | |
He again seems to have forgotten how microphones work over the spring break. | |
On this side of the House, we’re focused on CONSUMERS MR SPEAKER! We’re focused ON LOWER BORROWING COSTS. Lower borrowing costs. For the Labor party, you had the member for Rankin out there last week calling for higher levies on the banks, Mr Speaker. Because for every question, the Labor party HAS THE SAME ANSWER – higher taxes, higher levies. The reality is, we have announced today a very significant new inquiry by the ACCC. And this inquiry will be looking at the pricing of the nearly $2 trillion residential mortgage market, Mr Speaker. | |
And what we need to understand better is the difference in prices that the banks offer their existing customers and new customers, Mr Speaker – otherwise known as the front book and the back book, Mr Speaker. What we need to know in better detail is the difference between the advertised price and the actual price paid, Mr Speaker. And what we need to do is to understand if there are barriers for customers to switch banks in order to get a better deal. So on this side of the House, Mr Speaker, we stand for loyal bank customers and getting the best possible deal for them. | |
I expect Darren Chester might find it a little difficult jumping up and down during question time today, after he completed his first marathon over the weekend. | |
It took a little longer than two hours, but congrats to everyone who crosses that finish line. It’s more than I could ever do (I look like a drunk baby giraffe which has been crossed with a confused duck when I run). | |
Huge thanks to the awesome volunteers at today’s Melbourne marathon. Managing the course, handing out drinks, cheering us on & big smiles with a medal at the finish. You guys rock! @melbmara @sclark_melbs @TimHammond1 #auspolrunners #melbmara pic.twitter.com/5ZG3gakOzP | |
This has prompted a lot of MPs to get their skin checks done – when was the last time you had yours? | |
This is what skin cancer looks like. Stitches are out. Getting ready to go back to Parliament. Please slip, slop, slap this summer and get a skin check pic.twitter.com/HoFv28nRH8 | |
The sincerest form of flattery? | |
Wow that didn't take long - Pauline Hanson using Labor talking points about govt losing control of borders due to asylum seekers coming on planes. #auspol pic.twitter.com/WQpw1xkTHB | |
We are in the chamber, where the member for Fairfax, Ted O’Brien, is today’s “Who’s that MP?” | |
It’s the downhill slide to question time – hit me up with your predictions! | |
The SBS political editor, Brett Mason, has followed up on his FOI request into how much Melissa Price’s recent overseas trip cost (the department came back with a total of $2,515 for 142 hours’ work processing the request) with a statement from the minister herself: | The SBS political editor, Brett Mason, has followed up on his FOI request into how much Melissa Price’s recent overseas trip cost (the department came back with a total of $2,515 for 142 hours’ work processing the request) with a statement from the minister herself: |
“The department arrived at the FOI cost estimate on its own and my office was not consulted,” Minister Price said in a statement to SBS News. | “The department arrived at the FOI cost estimate on its own and my office was not consulted,” Minister Price said in a statement to SBS News. |
“I am more than happy for the costs of my official travel to the UK and Europe last month to be released under normal FOI processes.” | “I am more than happy for the costs of my official travel to the UK and Europe last month to be released under normal FOI processes.” |
Anna Bligh, the spokesperson for the Australian Banking Association, has given the banks’ response to the ACCC inquiry. | Anna Bligh, the spokesperson for the Australian Banking Association, has given the banks’ response to the ACCC inquiry. |
She says it’s a “complicated” process, but that she hopes that it will show people what goes into the decisions. | She says it’s a “complicated” process, but that she hopes that it will show people what goes into the decisions. |
I look forward to an inquiry that is genuinely and authentically focused on casting more light for the public on the many factors that go into making up our interest rates. I don’t want to pre-empt the outcome of the inquiry, but I do hope that, at the end of it, Australians will have a clear understanding of the many factors that determine their interest rates. | I look forward to an inquiry that is genuinely and authentically focused on casting more light for the public on the many factors that go into making up our interest rates. I don’t want to pre-empt the outcome of the inquiry, but I do hope that, at the end of it, Australians will have a clear understanding of the many factors that determine their interest rates. |
The One Nation members have so far raised just $240 of their $15,000 total. | The One Nation members have so far raised just $240 of their $15,000 total. |
The reason the members who created the PHON page want Pauline Hanson removed from the executive and James Ashby gone is: | The reason the members who created the PHON page want Pauline Hanson removed from the executive and James Ashby gone is: |
1. To expel James Ashby from One Nation (Pauline Hanson’s One Nation), and all divisions, for life. | 1. To expel James Ashby from One Nation (Pauline Hanson’s One Nation), and all divisions, for life. |
> The reason being for bringing One Nation into disrepute due to his actions over the past few years. Ie the American trip to the National Rifle Association with Steve Dickson (Senate candidate), the scuffle and fight with former One Nation Senator Brian Burston in Parliament House last year, the One Nation aeroplane saga and investigations that came with it and for other headlines that have hit the media. | > The reason being for bringing One Nation into disrepute due to his actions over the past few years. Ie the American trip to the National Rifle Association with Steve Dickson (Senate candidate), the scuffle and fight with former One Nation Senator Brian Burston in Parliament House last year, the One Nation aeroplane saga and investigations that came with it and for other headlines that have hit the media. |
2. To remove Pauline Hanson as President for Life of One Nation federal division. | 2. To remove Pauline Hanson as President for Life of One Nation federal division. |
>The reason being that One Nation should be democratic and members should be able to nominate for executive positions within the party. This is also for the better management of the party, which will in the future minimise any litigation that the party may encounter, due to any poor decisions. One Nation has been subjected to this in the past, with Pauline Hanson even being put in jail. | >The reason being that One Nation should be democratic and members should be able to nominate for executive positions within the party. This is also for the better management of the party, which will in the future minimise any litigation that the party may encounter, due to any poor decisions. One Nation has been subjected to this in the past, with Pauline Hanson even being put in jail. |
You may not be a supporter of Pauline Hanson or One Nation but One Nation is a political party that was intended to hold the major political parties to account. Without democracy in this party, this will never happen. | You may not be a supporter of Pauline Hanson or One Nation but One Nation is a political party that was intended to hold the major political parties to account. Without democracy in this party, this will never happen. |
Once again: these are the words from PHON’s supporters. | Once again: these are the words from PHON’s supporters. |
Sarah Vogler from the Courier Mail first reported this on the weekend, but it deserves another look. One Nation appears to be charging its members to attend its AGM this Saturday. | Sarah Vogler from the Courier Mail first reported this on the weekend, but it deserves another look. One Nation appears to be charging its members to attend its AGM this Saturday. |
As Vogler reported, members have set up a Go Fund Me page because they want to be able to send enough members to the meeting to knock Pauline Hanson off as “president for life” and also “expel James Ashby from One Nation and all divisions, for life”. | As Vogler reported, members have set up a Go Fund Me page because they want to be able to send enough members to the meeting to knock Pauline Hanson off as “president for life” and also “expel James Ashby from One Nation and all divisions, for life”. |
From the Go Fund Me page: | From the Go Fund Me page: |
Political parties in Australia should be democratic. | Political parties in Australia should be democratic. |
When a person joins a political party as a member, they are all entitled to attend the organisation’s AGM and have voting rights. | When a person joins a political party as a member, they are all entitled to attend the organisation’s AGM and have voting rights. |
Unfortunately, at the upcoming One Nation annual general meeting on the 19th October, many members will not be able to attend due to the exorbitant attendance fee that the One Nation executive are charging ($150 a ticket and $100 for pensioners). In this case, many members have not even been invited to the AGM. | Unfortunately, at the upcoming One Nation annual general meeting on the 19th October, many members will not be able to attend due to the exorbitant attendance fee that the One Nation executive are charging ($150 a ticket and $100 for pensioners). In this case, many members have not even been invited to the AGM. |
The One Nation executive is headed by Pauline Hanson, who has made herself President for Life, and Pauline’s advisor is James Ashby, who is also a member of One Nation. | The One Nation executive is headed by Pauline Hanson, who has made herself President for Life, and Pauline’s advisor is James Ashby, who is also a member of One Nation. |
Pauline Hanson is a Queensland senator, which is more than a full-time job. There are many party members who are of the opinion that Pauline needs to concentrate on her Senate work and leave other capable people to manage the executive and finances of One Nation. | Pauline Hanson is a Queensland senator, which is more than a full-time job. There are many party members who are of the opinion that Pauline needs to concentrate on her Senate work and leave other capable people to manage the executive and finances of One Nation. |
Unfortunately, because Pauline has not had the time to dedicate to the management of the One Nation political party, there are party members that believe that she has trusted and let the wrong people in to manage the party. Pauline cannot do every job herself and One Nation and Queensland need all jobs done efficiently and properly. | Unfortunately, because Pauline has not had the time to dedicate to the management of the One Nation political party, there are party members that believe that she has trusted and let the wrong people in to manage the party. Pauline cannot do every job herself and One Nation and Queensland need all jobs done efficiently and properly. |
This GoFundMe is to raise money for those members who cannot afford to attend the AGM, to pay for their tickets to go, and vote on important party decisions. | This GoFundMe is to raise money for those members who cannot afford to attend the AGM, to pay for their tickets to go, and vote on important party decisions. |
To put the One Nation party back on track to being a democratic party once again, some members would like to be able to attend and back the following motions at the meeting. | To put the One Nation party back on track to being a democratic party once again, some members would like to be able to attend and back the following motions at the meeting. |
Rod Simms is talking on the ACCC inquiry into banks not passing on the interest rate cuts: | Rod Simms is talking on the ACCC inquiry into banks not passing on the interest rate cuts: |
This inquiry is going to help us understand what decisions banks make in relation to mortgage interest rates, how they make them, why they make them, what implications there are for consumers and for the community in general. | This inquiry is going to help us understand what decisions banks make in relation to mortgage interest rates, how they make them, why they make them, what implications there are for consumers and for the community in general. |
The banking sector that is a very important one. The mortgage rates that consumers pay are often the most important financial transactions that they make. | The banking sector that is a very important one. The mortgage rates that consumers pay are often the most important financial transactions that they make. |
We want to make sure that the customers, consumers, community really understand exactly how banks make their decisions, why they make their decisions, there is often a lot of confusion amongst customers in relation to the big difference between the headline rate, the standard variable rate they see and what people actually pay. | We want to make sure that the customers, consumers, community really understand exactly how banks make their decisions, why they make their decisions, there is often a lot of confusion amongst customers in relation to the big difference between the headline rate, the standard variable rate they see and what people actually pay. |
It is important to understand why that behaviour happens. It is often quite confusing and frustrating for customers. So we are very interested in finding out what we can to inform customers, inform the community, see where we can improve competition in the banking sector, see where we can get consumers getting better deals under the interest rates. | It is important to understand why that behaviour happens. It is often quite confusing and frustrating for customers. So we are very interested in finding out what we can to inform customers, inform the community, see where we can improve competition in the banking sector, see where we can get consumers getting better deals under the interest rates. |
For those looking for the grand plan of why the government’s talking points were released, may I direct you to the age-old adage of “cock-up over conspiracy”. | For those looking for the grand plan of why the government’s talking points were released, may I direct you to the age-old adage of “cock-up over conspiracy”. |
There is nothing in there we did not know. There is nothing in there that has not been made public before. It is interesting from a lol perspective, because these things aren’t supposed to be mass mailed out to the media, and interesting from a news perspective because it shows you what the government believes its vulnerabilities are and the lines it has come up with to counter it. | There is nothing in there we did not know. There is nothing in there that has not been made public before. It is interesting from a lol perspective, because these things aren’t supposed to be mass mailed out to the media, and interesting from a news perspective because it shows you what the government believes its vulnerabilities are and the lines it has come up with to counter it. |
But there is no grand conspiracy. | But there is no grand conspiracy. |