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Archives for July 2015

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…]


Don Randall, Liberal Member For Canning, Dies, 62

The Liberal member for the Western Australian electorate of Canning, Don Randall, has been found dead in his car in Boddington, south of Perth, today.

RandallRandall was first elected to Parliament in 1996 as the member for Swan. Defeated in 1998, he returned in 2001 as the member for Canning, winning re-election in 2004, 2007, 2010 and 2013.

Earlier this year, Randall seconded a spill motion against Prime Minister Tony Abbott. The motion was moved by fellow Western Australian MP Luke Simpkins and was defeated in the partyroom by 61 votes to 39.

A by-election will now be held in Canning. It will test whether the strength of feeling against the Abbott government is as strong as Randall said it was in February.

At the last election, Randall held the seat with 51.07% of the primary vote and 61.81% of the two-party vote. In 2010, he won the seat with 52.19%. [Read more…]


In Shadow Of Greek Crisis, Reserve Bank Leaves Cash Rate At 2%

In the shadow of the Greek debt crisis, the Reserve Bank has left interest rates unchanged, following today’s monthly board meeting.

The cash rate will stay at 2%. The rate was last changed in May when it was cut by 25 basis points.

Greece defaulted on a debt repayment last week. A referendum last Sunday voted 60% against further austerity measures imposed on Greece by the European Union.

In its decision, the RBA noted that: “The Australian dollar has declined noticeably against a rising US dollar over the past year, though less so against a basket of currencies. Further depreciation seems both likely and necessary, particularly given the significant declines in key commodity prices.”

Statement from Glenn Stevens, Governor of the Reserve Bank of Australia.

Statement by Glenn Stevens, Governor: Monetary Policy Decision

At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent.

The global economy is expanding at a moderate pace, but some key commodity prices are much lower than a year ago. This trend appears largely to reflect increased supply, including from Australia. Australia’s terms of trade are falling nonetheless. [Read more…]