Hockey On Lateline: The End Of The Age Of Entitlement

Joe Hockey11.15pm – Notwithstanding the usual annoying and incessant interruptions from his interlocutor, Shadow Treasurer Joe Hockey has just offered up a remarkably woolly performance on Lateline.

Hockey has delivered a speech in London – transcript not yet available – in which he argues that The Age of Entitlement is over.

In the interview he was pressed on how this would be achieved in government. Aside from a defence of the Health Insurance Rebate as a government spending measure which actually reduces expenditure on other entitlements, Hockey was less than specific about what he will do as Treasurer in less than 18 months time.

  • Listen to Hockey explain his entitlement policy:

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Update: Click here for a transcript of Hockey’s speech.


Hockey Speech: The End Of The Age Of Entitlement

Shadow Treasurer Joe Hockey has used a speech in London to call for an end to “the age of entitlement”.

Joe HockeyAddressing the Institute of Economic Affairs, Hockey said “entitlement is a concept that corrodes the very heart of the process of free enterprise that drives our economies”.

He said: “The entitlements bestowed on tens of millions of people by successive governments, fuelled by short-term electoral cycles and the politics of outbidding your opponents is, in essence, undermining our ability to ensure democracy, fair representation and economic sustainability for future generations.”

Hockey said economic problems in Europe were attributable in part to an entitlement culture: “The sovereign debt problems we are seeing in Europe and the US today are the outcome of countries wanting a lifestyle they cannot afford but are quite happy to borrow from others to pay for.”

In a wide-ranging speech, Hockey gave contrasting examples from China and the United States. He said the only solution in the long term “is for countries to live within their means”.

“We must rebuild fiscal discipline. Budget surpluses must be restored, ideally until the debt is repaid.”

“THE END OF THE AGE OF ENTITLEMENT”

SPEECH NOTES FOR AN ADDRESS TO THE INSTITUTE OF ECONOMIC AFFAIRS

Introduction

I wish to thank my friends at the Institute of Economic Affairs for the opportunity to discuss an issue that has been the source of much debate in this forum for sometime….that is, the end of an era of popular universal entitlement. [Read more...]


Gillard: Afghanistan Troops Will Be Brought Home During 2013-14

Prime Minister Julia Gillard has indicated an exit strategy for Australian troops in Afghanistan which could see most of them brought home during 2013-14.

Julia GillardIn a speech to the Australian Strategic Policy Institute (ASPI), Gillard said a summit in Chicago next month would see progress on a withdrawal timetable.

“It’s likely that by the middle of next year, mid-2013, the fifth and final tranche of districts and provinces will have commenced transition,” she said.

Gillard continued to assert that the Afghanistan mission is in Australia’s national interest. She claimed “transition” is already happening.

Gillard said: “This is the vital business of the Chicago summit in May. To review our progress in transition – to map out how we intend to complete the handover of security responsibility to the Afghan Government. To ensure sustainment – to build the international commitment necessary to fund, train and support the Afghan National Security Forces after transition is complete. And to highlight our long-term support – to recommit to and define our continued contribution in the years after 2014.

“Today, around half of the population lives in areas where the Afghan National Security Forces have begun taking lead security responsibility. The next stage of transition – tranche three – will be announced soon. And it’s likely that by the middle of next year, mid-2013, the fifth and final tranche of districts and provinces will have commenced transition.”

  • Listen to Julia Gillard’s ASPI speech (31m)

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  • Listen to Gillard’s responses to questions (15m)

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Transcript of Julia Gillard’s speech to ASPI

Some of you here will remember that the Council of the Australian Strategic Policy Institute met for the first time in late winter 2001 – less than a fortnight before the September 11 attacks on the United States.

One thing that did not change after September 11 was Australia’s need for the work of an Institute such as this. [Read more...]


Alby Schultz Announces Retirement From Hume

Alby SchultzAlby Schultz, the Liberal member for Hume, has announced that he will not contest the next federal election.

Schultz has represented the safe Liberal seat in south-east NSW since 1998. Prior to that, he served ten years in the NSW Legislative Assembly as the member for Burrinjuck.

The Hume electorate includes Bargo, Binalong, Boorowa, Bundanoon, Cootamundra, Cowra, Crookwell, Goulburn, Grenfell, Gundaroo, Gunning, Harden/Murrumburrah, Jugiong, Marulan, Murrumbateman, Picton, Sutton, Tahmoor, Tarago, Thirlmere, Wilton, Yass and Young.

At the 2010 election, Schultz polled 53.56% of the primary vote, an increase of 12.96%. After distribution of preferences, he won with 58.72% of the two-party-preferred vote, an increase of 3.37%.

Text of statement from Alby Schultz

As 2012 is the commencement of my 25th year in State and Federal politics as the elected Liberal Member representing the Liberal Party of Australia (NSW Div) I have advised the New South Wales State Director Mr Mark Neeham that I will not be contesting the next election. The time is right for me to move on and allow the Liberal brand to be maintained in Hume by a capable committed Liberal. [Read more...]


Kevin Rudd: Building An Asia-Literate Australia

Queensland Labor backbencher Kevin Rudd says Australia is failing to do enough to become China-literate and Asia-literate in the 21st century.

Kevin RuddLaunching a paper, “Finding a Place on the Asia Stage”, by Carillo Gantner and Allison Carol, at the University of Melbourne’s ASIALINK centre, Rudd said there has been a decline in the teaching of the four principal languages of Asia: Chinese, Japanese, Indonesian and Korean.

As “an outpost of the Occidental world”, Rudd said Australia needs to “do more work in understanding the minds..of Asia”. Despite a belief that English is now the universal language, Rudd said the truth is “the bulk of the intellectual discourse, political and policy debate as well as economic exchange within Asia occurs in languages other than English.”

Rudd posed the question: “How much is literally being ‘lost in translation’ in straightforward transactions between individuals, corporations and governments, not to mention the media, everyday around China, Asia and the world.” [Read more...]


Bob Brown Resigns; Christine Milne New Greens Leader

Senator Bob Brown has resigned as leader of the Australian Greens.

Brown’s surprise decision was announced at a party meeting in Canberra. Senator Christine Milne was immediately elected as the new leader.

Later in the day, Melbourne MP Adam Bandt was elected deputy leader.

Brown said he would leave the Senate later in the year when the Tasmanian Greens division has finalised pre-selections. [Read more...]


Rick Santorum Withdraws From Republican Presidential Contest

Rick Santorum

Rick Santorum has announced his withdrawal from the Republican Party’s presidential nomination race. The announcement was made in Gettysburg, in Santorum’s home state of Pennsylvania, where he served as a senator for 12 years until his defeat in 2006.

Santorum made no mention of Mitt Romney and did not endorse him. His decision finally confirms that Romney will run against President Barack Obama in November’s general election.

  • Listen to Santorum’s withdrawal speech

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