Labor will make tax system simpler and fairer - Transcript, 2CC Radio

E&OE TRANSCRIPT

RADIO INTERVIEW

2CC CANBERRA

THURSDAY, 1 NOVEMBER 2018

SUBJECTS: Housing, Labor's plans to crack down on multinational tax avoidance, Adani.

TIM SHAW: The Master Builders Association is deeply concerned, big impact on the ACT economy. Now Labor complained about the Master Builders not including the grandfathering elements to the proposition regarding changes to negative gearing, now you will grandfather negative gearing on an existing property, but will you grandfather the current 50 percent capital gains tax discount?

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Yes absolutely Tim. The changes are prospective. We recognise that people have made investments based on existing rules.

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Labor Clears the Road for Mechanics in Brisbane - Media Release

ANDREW LEIGH MP

SHADOW ASSISTANT TREASURER

SHADOW MINISTER FOR COMPETITION AND PRODUCTIVITY

SHADOW MINISTER FOR CHARITIES AND NOT-FOR-PROFITS

SHADOW MINISTER FOR TRADE IN SERVICES

MEMBER FOR FENNER

 

CORINNE MULHOLLAND

LABOR CANDIDATE FOR PETRIE

 

LABOR CLEARS THE ROAD FOR MECHANICS IN BRISBANE

 

 

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Only Labor can be trusted to get tough on tax havens - Transcript, Doorstop

E&OE TRANSCRIPT

DOORSTOP

BRISBANE

THURSDAY, 1 NOVEMBER 2018

SUBJECT: Labor's plans to crack down on multinational tax dodgers.

ALI FRANCE, LABOR CANDIDATE FOR DICKSON: Good morning, it's really lovely to have Labor's Shadow Assistant Treasurer Andrew Leigh here today to talk to local businesses about how we're going to level the playing field and tackle multinational tax avoidance. 

Small businesses like the ones behind us, pay their fair share of tax. But we know there are big multinational companies and wealthy individuals who operate in Australia, who don't pay their fair share of tax. Labor wants to put a stop to that. So I'm now going to hand over to Andrew to talk a bit more about how that's going to work.

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Well thanks so much Ali and it's great to be here with Ali France, Labor's hard-working candidate, taking our message of fairness to communities like Dickson.

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Labor to Make Multi-Nationals Pay - Media Release

ANDREW LEIGH MP

SHADOW ASSISTANT TREASURER

SHADOW MINISTER FOR COMPETITION AND PRODUCTIVITY

SHADOW MINISTER FOR TRADE IN SERVICES

SHADOW MINISTER FOR CHARITIES AND NOT-FOR-PROFITS

MEMBER FOR FENNER

ALI FRANCE

LABOR CANDIDATE FOR DICKSON

LABOR TO MAKE MULTINATIONALS PAY

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Competition policy and inequality: Building on Lionel Murphy’s legacy - Speech, Canberra

LIONEL MURPHY LECTURE

AUSTRALIAN NATIONAL UNIVERSITY, 31 OCTOBER 2018

Executive Summary

Australia has a competition problem: there is not enough of it. Our industries are concentrated. Our markets show signs of weak competition.

The way Australia’s experts think about competition is partly to blame. Although it has been less influential in Australia than in the United States, the Chicago School’s views on competition have shaped our laws, policies and enforcement practices. The Chicago School views market concentration as a virtue more than a vice. Barriers to entry are surmountable, market power tends to be temporary, most mergers are good, vertical restraints and predatory pricing are either benign or efficient.

These views run counter to those of Lionel Murphy. Murphy saw market concentration as a problem. He saw strong competition laws as necessary to protect the competitive process, protect consumers and support the creation of new businesses. He found the Chicago School’s arguments unconvincing. The growing body of research and experience shows Murphy’s concerns were well-founded. The Chicago School’s faith in the ability of markets to self-correct and deliver competitive outcomes was misplaced.

There is a strong progressive case for repositioning how we think about competition. Focusing more on the competitive process, the structure of markets and the incentives those structures create for firms will play an important role in reducing inequality.

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You shouldn't be able to claim a tax deduction for dodging your tax - Transcript, Doorstop

E&OE TRANSCRIPT

DOORSTOP

MELBOURNE

WEDNESDAY, 31 OCTOBER 2018

SUBJECTS: Labor delivering extra funding for every public school; Labor’s plan to crack down on tax avoidance; petrol prices; live exports; children on Nauru; Israeli embassy captain’s call; Sri Lanka; Victorian election.

PETER KHALIL MP, FEDERAL LABOR MEMBER FOR WILLS: Good morning everyone, ready to go?

I just want to start by acknowledging the traditional owners of the land and pay my respects to their elders past and present, and I want to thank Brunswick North West Primary School for hosting us here today. Particularly the principal Hannah Reid, all of the teachers, all of the very active parents on the school council, president Fiona Heathcote as well as Belinda and Sam and the other 12, thank you so much for having us here today.

I bet you never thought when I visited you a couple of times and came to your winter magic market and said I'd do more advocacy for your school that I'd bring a cast of thousands. The alternative Prime Minister, Labor leader Bill Shorten, the Shadow Education Minister and Deputy Labor leader, the Shadow Assistant Treasurer Andrew Leigh and also the Victorian Deputy Premier, James Merlino and Education Minister, and of course Cindy O'Connor, our candidate Brunswick who's done a wonderful job in advocating as well for her community here in Brunswick. 

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Labor will tackle multinational tax dodgers - Media Release

BILL SHORTEN MP

LEADER OF THE OPPOSITION

MEMBER FOR MARIBYRNONG

ANDREW LEIGH MP

SHADOW ASSISTANT TREASURER

SHADOW MINISTER FOR COMPETITION AND PRODUCTIVITY

SHADOW MINISTER FOR TRADE IN SERVICES

SHADOW MINISTER FOR CHARITIES AND NOT-FOR-PROFITS

MEMBER FOR FENNER

LABOR WILL TACKLE MULTINATIONAL TAX DODGERS

A Shorten Labor Government will tackle multinational tax dodgers to help pay for our priorities – better schools, better hospitals and protecting Medicare.

Labor will implement a number of measures targeting multinational tax avoidance and high wealth tax dodgers, saving the budget $4.8 billion over the next decade, including stopping companies claiming illegitimate deductions for travel to and from known tax havens.

Working Australians pay their taxes – it’s only fair that multinationals pay their fair share too.

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Coalition delays drain charities' funds away - Media Release

ANDREW LEIGH MP

SHADOW ASSISTANT TREASURER

SHADOW MINISTER FOR COMPETITION AND PRODUCTIVITY

SHADOW MINISTER FOR TRADE IN SERVICES

SHADOW MINISTER FOR CHARITIES AND NOT-FOR-PROFITS

MEMBER FOR FENNER

CATRYNA BILYK

CHAIR OF THE SENATE SELECT COMMITTEE ON CHARITY FUNDRAISING IN THE 21ST CENTURY

SENATOR FOR TASMANIA

COALITION DELAYS DRAIN CHARITIES’ FUNDS AWAY

The Coalition is costing the nation’s charities millions of dollars by failing to update Australia’s outdated fundraising laws.

As Justice Connect’s Sue Woodward notes, “We still have regulations that talk about collection tins on poles that date back to collecting from people in horse-drawn carriages. Obviously this is ridiculous.”

At the same time, our patchwork of state and territory laws doesn’t properly recognise the existence of the internet and mobile phones.

Most important, Australia lacks uniform national fundraising laws. Charities who raise money online are placed in the invidious position of either spending a week doing the paperwork to register in every state and territory, or just registering locally, and hoping they don’t get caught.

Labor established the Senate Select Committee on Charity Fundraising in the 21st Century because we want to work with charities, not against them.

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Labor again leading on policy, while the Coalition perform backflips - Media Release

LABOR AGAIN LEADING ON POLICY, WHILE THE COALITION PERFORM BACKFLIPS

Labor is again leading the policy discussion with the Coalition today scrambling to catch up on taxpayer appeal reforms we announced in August.

Last Wednesday, Assistant Treasurer Stuart Robert said he was happy with the tax office’s processes in dealing with appeals:

“…Assistant Treasurer Stuart Robert is satisfied with the ATO's reforms.” (Australian Financial Review, 24 October 2018)

Today, Mr Robert says:

There are some things we are going to do in terms of looking at better ways for taxpayers to sit down with the Tax Office.”

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ASIC to look into Stuart Robert - Media Release

 ASIC TO LOOK INTO STUART ROBERT

Labor welcomes confirmation by the Australian Securities and Investments Commission that it will make a new series of inquiries into Stuart Robert’s directorships.

The inquiry follows media reports that Mr Robert’s resignation as a director of Cryo Australia only occurred after media inquiries, rather than testimony he gave parliament, and examine whether he was in breach of the Corporations Act.

The public deserve to know that everything has been done to ensure that he has done no wrong, particularly since the allegations surrounding his involvement as a director of companies would fall under his responsibilities as the Government Minister in charge of monitoring companies and their directors.

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