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First Turnbull Ministry – Revised

This is the revised Turnbull ministry, released today.

If follows the resignation of Jamie Briggs and the standing aside of Mal Brough.

Brough’s duties as Minister for Defence Materiel and Science have been assumed by the Defence Minister, Senator Marise Payne. The Finance Minister, Senator Mathias Cormann, has taken over as Special Minister of State.

Brigg’s duties as Minister for Cities and the Built Environment have been taken on the Environment Minister, Greg Hunt. [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…]


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”. [Read more…]


2013-14 Budget Comes In With $48.5 Billion Deficit

The 2013-14 Federal Budget finished with a deficit of $48.5 billion.

Hockey-Cormann

The Final Budget Outcome was announced today by the Treasurer, Joe Hockey, and the Minister for Finance, Senator Mathias Cormann. [Read more…]


Hockey And Cormann Hail Mining Tax Repeal As Best Possible Deal In The National Interest

Following today’s vote in the Senate to repeal the mining tax, the Treasurer, Joe Hockey, says the government has delivered on another of its election commitments.

Hockey

Hockey, speaking at a joint press conference with the Finance Minister, Senator Mathias Cormann, said the government had secured the best possible deal it could in the national interest. He attacked the Labor Party for dealing itself out of negotiations. The Palmer United Party was only relevant, Hockey said, because the ALP would not negotiate. [Read more…]


Mining Tax Abolished As Government Deals With Palmer

2.20pm – The federal government has struck a deal with Clive Palmer and the Senate has voted 36-33 to abolish the mining tax.

The agreement will see the Income Support Bonus continue until the end of 2016. The Schoolkids Bonus will also continue until the end of 2016 but will be means-tested and eligibility will cut out for family incomes above $100,000. The Low Income Super Contribution will continue in its existing form until June 30, 2017. The agreement will also see a slower increase in compulsory superannuation, with an increase to 10% from July 2021 and then by increments until it reaches 12% in 2025. [Read more…]


Abbott Government Does Deal With Palmer To Loosen Financial Advice Laws

The Abbott government has done a deal with Clive Palmer to ensure the passage of its financial advice laws which water-down changes made under the previous Labor government.

Palmer

The deal was announced shortly after the Senate voted against disallowing a series of government regulations. The Senate voted 31-34 against the disallowance move. [Read more…]