Broken promises and diplomatic futures - RN Drive, 18 November

Although Parliament isn't sitting this week, there has been so much happening in federal politics that Waleed Aly invited myself and Josh Frydenberg onto his Drive program to talk through it all. Here's the transcript:

E&OE TRANSCRIPT

RADIO INTERVIEW

RADIO NATIONAL DRIVE

TUESDAY, 18 NOVEMBER 2014

SUBJECT/S: ABC cuts; visiting Chinese and Indian leaders; renewable energy

WALEED ALY: There’s so much international stuff going on in Australia, the Indian Prime Minister Narendra Modi stole the show again today, I think he might have a habit of doing that. He and Tony Abbott got together and they sprung a surprise, they promised to crank-up their economic relationship. There was talk of a free trade deal that could be finalised within a year, also military cooperation, not a bad result for Australia you might think on the economic front, particularly when you factor in the deal with China that was signed yesterday, or at least the statement of intent. There’s potential here there, but there might be possible shortfalls as well. Joining me as sparring partners are Josh Frydenburg, Parliamentary Secretary to the Prime Minister, and Shadow Assistant Treasurer Andrew Leigh. Gents welcome, thanks for coming back in.

JOSH FRYDENBERG, PARLIAMENTARY SECRETARY TO THE PRIME MINISTER: Nice to be with you, Waleed and Andrew.

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Good to be here, Josh and Waleed.

ALY: I am just overflowing with the number of important people that have touched down in Australia recently. What do both of you think of the fact that Kim Kardashian has just arrived?

FRYDENBERG: She’s playing second billing to Brad Pitt and Angelina Jolie because they’ve also been in town. But in term of Australia’s long term interests, this has been a historic few days Waleed.

ALY: What a seamless segue Josh! That’s very well done, I’m impressed.

FRYDENBERG: It has been. I mean you think that not just the G20 leaders have been here but also the leaders of the major international organisations like the United Nations, like the ILO, like the WTO, like the Financial Stability Board, like the IMF and the OECD and World Bank. It’s just been an array of leaders who’ve been in Brisbane and many who have gone onto make state trips including Modi and Xi Jinping.

ALY: Who got to Tassie, I think we should say. I think we should acknowledge that which means he’s covered every state and territory in the country doesn’t it?

FRYDENBERG: I think it is and that’s his fifth visit to Australia so very interesting. Actually Waleed, his father was, or his grandfather I think it was, was Party Chief of the Guangdong Province and came to Australia 35 years ago where he signed a deal with Neville Wran as a sister city relationship in New South Wales. So that’s an interesting historic fact too.

LEIGH: Waleed, it’s great having him in town. And I think it’s a moment for Australia that we’ll look back on and recognise because never before have so many world leaders been in the country. You know, it’s great for me now to recognise that all sides of politics think it was a good thing having the G20 in Australia. What I really appreciated too was hearing in the Parliament from particularly Xi Jinping and Narendra Modi. I met Narendra Modi back in 2000 when I spent a month travelling around India. He was then General Secretary of the BJP and I managed to spend half an hour chatting with him about his vision for India, little knowing that 14 years later he’d be in the top job.

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Canberrans say no to Abbott's ABC cuts

This morning, I spoke to a ‘Save Our ABC’ rally, joining many other Canberrans to speak out against the five per cent cut to our national broadcaster.

One of the extraordinary things about the ABC is the sheer breadth of its programming. In fact, its contributions to Australian public life are so vast that I decided I could give a speech in defence of the ABC based entirely on the titles of ABC programs.

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Abbott's cuts causing chaos across the public service

In just a year the Abbott Government has managed to set off industrial action within one of its largest public service departments, gut the CSIRO and cause ACT unemployment to rise to its highest level since 2001. How much worse will things have to get before Liberal Senator Zed Seselja will speak up against Tony Abbott's public service cuts?

MEDIA RELEASE

ABBOTT’S CUTS CAUSING CHAOS ACROSS THE PUBLIC SERVICE

The Australian Public Service is in turmoil because of the Abbott Government’s harsh budget cuts. Industrial action is imminent within one of its largest departments, more scientists are set to go from CSIRO and 7,200 staff have been forced out of their jobs in the past year in Canberra alone.

Yesterday staff at the Department of Human Services (DHS) overwhelmingly voted to pursue industrial action in protest against the Government’s below-inflation wage offer.

“The Government is trying to force the department’s 35,000 staff to accept longer working hours and reduced conditions in return for a pay offer that will see their real wages decline over time,” said Member for Fraser Andrew Leigh.

“The decision to pursue industrial action comes after months of stonewalling from the Government when staff have tried to negotiate a fairer deal.” 

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Nothing new in G20 tax package

Colour me surprised: Joe Hockey has emerged from the G20 meetings with nothing except a series of reheated announcements on multinational tax avoidance.

MEDIA RELEASE

NOTHING NEW IN G20 TAX PACKAGE

True to form, Joe Hockey has failed to deliver anything new on multinational tax avoidance from this weekend’s G20 summit.

Although he and Tony Abbott are touting agreement on the Common Reporting Standard and the OECD’s base erosion Action Plan as big wins, in fact both of these things had been agreed long before the world leaders sat down on Sunday.

What’s more, they depend on individual governments taking domestic action to implement them. Joe Hockey has squibbed it every time he’s had the chance to act on multinational profit shifting, as his record shows:  

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G20 a wasted opportunity for Abbott - Sky AM Agenda, 17 November

This weekend's G20 summit wasn't a good one for Tony Abbott and his government. He was forced by the other world leaders to talk about climate change after working hard to keep it off the agenda, he failed to deliver anything new on multinational tax avoidance, and his so-called growth package turned out to be nothing more than a list of the budget's most unfair measures. I joined Sky AM Agenda to take stock of it all; here's the transcript.

E&OE TRANSCRIPT

TV INTERVIEW

SKY AM AGENDA

MONDAY, 17 NOVEMBER 2014

SUBJECT/S: G20 growth target; climate change; China Free Trade Agreement

KIERAN GILBERT: I'm joined now by the Shadow Assistant Treasurer, Andrew Leigh; you'd welcome the growth target? This is unequivocal win out of the G20, isn't it, 2.1 per cent from the 20 biggest economies?

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: We'd certainly support anything that boosts growth, Kieran. The question here isn't about the value of the target, it's about the believability of how the Abbott Government intends to get there. If anyone can produce a serious economist who says that slapping on a GP tax or $100,000 degrees are going to make it easier for Australia grow rather than harder, I'd like to meet them. 

GILBERT: But in terms of the overall commitments, this is a multilateral organisation, the G20, and we hosted it. Tony Abbott and Joe Hockey drove this agreement – that's a clear win for them, isn't it?

LEIGH: It's a huge event, the biggest gathering of world leaders ever on Australian soil, and it's always great for Australia when these things happen. My concern was that on the world stage, when given the opportunity to talk about big global issues like climate change, we have Tony Abbott showing that it doesn't matter how big the stage is, he's going to show how small he can be. I was surprised in those opening remarks when he was complaining about getting things through the Senate, I almost expected him to start talking about Brookvale Oval and how its redevelopment is going to add to growth. Frankly, it's an agenda which was too small for the gathering of world leaders we had, and to suggest that climate change isn't a big economic issue is to fly in the face of IMF evidence which says unchecked climate change will take two per cent off global growth.

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Time for hypocritical Hockey to act, not talk

As the G20 leaders meet this weekend, this is Joe Hockey's opportunity to show he's capable of more than talk on multinational tax avoidance.

MEDIA RELEASE

TIME FOR HYPOCRITICAL HOCKEY TO ACT, NOT TALK 

Joe Hockey has gone into overdrive with hypocritical rhetoric on multinational tax as the G20 leaders meet this weekend.  

But all the talk in the world won't make up for the fact that the Treasurer consistently fails to act when it counts.

Every time he and the Coalition had the chance to work with Labor to close tax loopholes in the past few years, they voted against this. 

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Where's 'inclusive' gone in the G20's growth agenda?

When the year's G20 meetings come to a crescendo this weekend with the Leaders Summit in Brisbane, economic growth is the first item on the agenda. But as I discussed with Linda Mottram on ABC Sydney's 702 mornings show, we need to make sure that the benefits of growth are shared throughout our community. Here's the transcript:

E&OE TRANSCRIPT

RADIO INTERVIEW

ABC 702 SYDNEY

FRIDAY, 14 NOVEMBER 2014

SUBJECT/S: G20 growth target; inclusive growth; inequality; consumer confidence

LINDA MOTTRAM: Dr Andrew Leigh is a former professor of economics at the Australian National University in Canberra, and he's also the Shadow Assistant Treasurer in the federal Labor Opposition. He joins me this morning, Andrew — good morning. What does the evidence say about the gap between rich and poor in Australia and globally?

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Good morning, Linda. Certainly both in Australia and many developed countries, we've seen a rise in the gap between rich and poor. Over the last generation, incomes have risen three times as fast for the top 10th as they have for the bottom 10th, while the top one per cent have doubled their share of national income. We now have a situation where the wealthiest three Australians have as much wealth as the poorest one million Australians. That matters, of course, because it speaks to who we are as a society, and to the risk of challenging a really great Australian value which is egalitarianism. But it also matters in terms of consumer confidence, because the rich save about a quarter of their income but the poor spend all of their income – and often then some as well if they're taking on credit card debt. So say you take $10 billion and you move it from the poor to the rich, as some of the Government's recent measures have done, that's not only unfair but it actually detracts from retail trade. You're seeing that come out in various consumer sentiment surveys, whether it's the Westpac survey, the NAB survey, the Roy Morgan one. All of them are speaking to this sluggish consumer sentiment and poor retail trade figures.   

MOTTRAM: So not surprising to hear Bernie Brooks from Myer reporting what he is reporting, which is that the hit to their profits is coming in the lower socio-economic areas?

LEIGH: That's absolutely right. It speaks to one of the really important insights from economics, which is that how you get a country going is different from how you get a company going. So you'll occasionally hear CEOs say: 'well, the secret to Australian prosperity is to cut wages at the bottom'. That might be quite successful for their own firm, if they were able to implement it. But when we're in an economy, your wages flow into demand for other people's services and so you can end up in a downward spiral if you keep on cutting away at the bottom. I fear that measures such as the $7 GP co-payment and $100,000 degrees, the income support cuts that see a single parent on $60,000 lose one-tenth of their income, all of those measures are chipping away at consumer confidence as well as at the Aussie fair go.

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Joe Hockey's five point scam for growth

Ahead of the G20 meetings this weekend, the Treasurer has been trumpeting a so-called growth package which will boost Australia's economic performance. But when you get beyond the headlines, there's really nothing to it.

MEDIA RELEASE

JOE HOCKEY'S FIVE POINT SCAM FOR GROWTH

Joe Hockey needs to front up about how much of his G20 growth package relies on unlegislated and unfair measures which he cannot get through the Parliament.

While Tony Abbott ignores climate change at the G20, Joe Hockey hopes to steal the show by bragging about his new GP Tax, cutting university funding and forcing jobseekers off payments for six months as new ‘growth initiatives’.

Each of the G20 participants have submitted a package of policies which are intended to collectively lift global growth by two per cent over the next five years. 

Despite this package being submitted to G20 officials back in September, the Treasurer has refused to release any more details about the specific measures he is relying on to boost economic growth.

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Equality and Egalitarianism in Australia

While in Adelaide recently I sat down with Andrew Hunter from Fabian TV to discuss equality and egalitarianism in Australia. Here's the video. 

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Premier Newman another pawn in Abbott's GST stealth campaign

The Abbott Government is playing its state government colleagues for fools, forcing them to make the case for tax changes it clearly wants to make. 

MEDIA RELEASE

PREMIER NEWMAN ANOTHER PAWN IN ABBOTT’S GST STEALTH CAMPAIGN 

Campbell Newman’s call for more tax revenue to be returned to the states shows Tony Abbott’s $80 billion in cuts must be starting to bite.

In an opinion piece in today’s Australian, Mr Newman has argued that the states and territories will need a greater share of Commonwealth revenue in order to continue providing high quality services like hospitals and schools. 

Until the May Budget slashed the Commonwealth’s contribution to the states, they were set to receive substantially more federal funding – over $80 billion more over the next 10 years.

But Treasurer Joe Hockey ripped away this funding in one of the budget’s biggest broken promises, leaving state governments like Mr Newman’s to fend for themselves.

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Cnr Gungahlin Pl and Efkarpidis Street, Gungahlin ACT 2912 | 02 6247 4396 | [email protected] | Authorised by A. Leigh MP, Australian Labor Party (ACT Branch), Canberra.