ALP Releases Policy To Cut Back Negative Gearing

An ALP policy released today proposes that negative gearing will only be available from July 1, 2017 for newly constructed homes.

Announcing the policy at the NSW ALP State Conference, Opposition Leader Bill Shorten said all current investments will be grandfathered.

In a further measure, the capital gains tax discount will be reduced from 50 per cent to 25 per cent.

The full policy appears below.

Statement from Opposition Leader Bill Shorten

ALP

A strong and sustainable budget is necessary so we can fund our priorities of health and education and underwrite our nation’s future. [Read more…]


Melissa Parke To Retire From Parliament At Next Election

Melissa Parke, the Labor member for Fremantle, has announced that she will retire from Parliament at this year’s federal election.

ParkeParke has held the safe Labor seat for three terms since 2007.

Her winning margin in Fremantle in 2013 was 4.77%. It was 5.70% in 2010 and 9.14% in 2007. The just-completed redistribution of Western Australian electoral boundaries has the notional margin on 5.9%.

In her announcement, Parke said: “It is time for me to be closer to my family and to travel less.”

Opposition Leader Bill Shorten described Parke as an “unstinting champion for human rights, international development and social justice” and thanked her for her “years of dedicated service”. He said: “Melissa can be particularly proud that as Minister for International Development, she appointed Australia’s first Ambassador for Disability and Inclusive Development, with the goal of empowering people in some of the world’s poorest nations.” [Read more…]


Current Federal Parliamentary Leaders

Each political party represented in the Federal Parliament elects leaders in each house.

Just as the government is decided in the House of Representatives, so the parties elect their leaders and deputy leaders from amongst their representatives in the House. If the party is not represented in the lower house, its leader will be chosen from amongst its members in the Senate.

These tables are correct as of September 21, 2015. They take account of the change of prime minister on September 15 and consequent changes. [Read more…]


Advance Australia: Bill Shorten’s Speech Opening The ALP’s 47th National Conference

The Leader of the Opposition, Bill Shorten, has opened the ALP’s 47th National Conference in Melbourne with a speech based around the theme of Advance Australia.

Shorten committed a future Labor government to reintroducing an Emissions Trading Scheme. He said: “A Shorten Labor Government will build an Emissions Trading Scheme for Australia. And we will not be intimidated by the ignorant, ridiculous scare campaigns that will come. We will win this fight.

“Let me say this to our opponents, in words of one syllable: An E.T.S. is not a tax.

“And if Mr Abbott wants to make the next election a contest about who has the best policy solution for climate change … I’ve got a three-word-slogan for him: Bring. It. On.

Text of Opposition Leader Bill Shorten’s speech opening the ALP’s 47th National Conference in Melbourne.

Friends, delegates, true believers, fellow Australians:

This conference comes at a pivotal time in our national life, and a restless moment in our national mood.

The tests facing Australia are great.

The consequences of failure are grave.

And never has the contrast between us and our opponents been more clear.

Be it jobs, health, education or energy …

Never has the choice between a Labor party planning for the future, and a Liberal party stuck in the past been more stark. [Read more…]


Cormann Says Shorten Is An Economic Girlie Man

The Minister for Finance, Senator Mathias Cormann, today described Opposition Leader Bill Shorten as an “economic girlie man”.

Cormann

Interviewed on the Sky News Agenda program, Cormann was asked about comments by Opposition Leader Bill Shorten that a budget surplus was more likely under a Labor government “than this current mob”.

Cormann said: “He’s dreaming. I mean the Labor Party has not delivered a surplus in Australia for 25 years. The problem that the Labor Party has today is that Bill Shorten is an economic girlie man. He doesn’t have what it takes to repair the Budget mess that they have left behind.”

Husic

ALP Shadow Parliamentary Secretary to the Shadow Treasurer, Ed Husic, also appeared on the program. He said Cormann should stop the “juvenile name-calling” and deal with the Budget. “The Terminator should become the Deodoriser and get the stink out of his budget,” Husic said.

Cormann’s remarks set off a Saturday media flurry. Allegations of sexism were aired on social media.

Cormann’s Belgian accent is often compared to that of Arnold Schwarzenegger’s film character The Terminator.

  • Listen to Cormann (14m – transcript below)

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  • Listen to Husic (10m)

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Transcript of Finance Minister Senator Mathias Cormann’s interview with David Lipson on Sky News Agenda.

DAVID LIPSON: G’day, welcome to the program, I am David Lipson. It is six months since the Budget was handed down and there are still more than $28 billion in savings being held up in the Senate. And though the House of Representatives returns next week, the crucial Senate has only three sitting weeks left before the summer break. The Government insists it hasn’t given up the fight but each day that passes equates to savings lost. And Labor which along with the cross bench is blocking the savings even claimed this week, rather flippantly; it could deliver a surplus sooner than the Coalition. Here is Bill Shorten with David Speers earlier this week: [Read more…]


Shorten Gives ALP Support To Iraq Commitment; Greens Opposed

The ALP has given support to the Abbott government’s commitment of fighter aircraft to the strikes against ISIL in Iraq, whilst the Greens have opposed the decision.

Shorten

The government announced today that Australia will provide up to eight Australian F/A-18F Super Hornet aircraft to participate in the international coalition supporting Iraq. [Read more…]


Julie Bishop And Bill Shorten Speak At AFL Grand Final Breakfast

Foreign Minister Julie Bishop and Opposition Leader Bill Shorten have joked their way through brief speeches to the AFL Grand Final Breakfast in Melbourne.

Bishop

Bishop joked that the last time she was in Melbourne she had been given a warm welcome by students at Melbourne University. She said Cabinet had considered who should attend the breakfast: “Tony Abbott thought it was the ARL, and Malcolm Turnbull thought it was the URL. So we decided to choose between the women… oh… um, look, moving right along…” She then took a swipe at Shorten, likening him to a football selector choosing ALP leaders. [Read more…]