Andrew Leigh

Want to help developing countries? Make it cheaper to send them money, Business Spectator, 23 November

Few things are more admirable than a worker going without so they can send money back home to their family. Chances are that within a short distance of you right now, there’s someone working long hours to send money back to relatives in Manila, Port Moresby or Mumbai. According to the World Bank, remittances to developing countries are worth half a trillion dollars annually – twice the value of foreign aid.

Yet many of those hard-earned dollars never get back home. On average, someone who tries to send $1000 to a developing country will see $77 eaten up by transaction fees and exchange rate spreads. A full-time worker who wanted to send half her salary home would be toiling away for more than a week every year just to pay financial middlemen. 

Over the weekend I got together a group of runners to tackle Hobart's Point to Pinnacle half-marathon and raise money for World Vision. The team was named after my grandfather, Keith Leigh, who died while running up Mt Wellington in 1970. 

ABC Hobart came along to follow our progress; check out their story here...

HELPING ALL CANBERRANS HAVE A CHRISTMAS 

Today I was delighted to join UnitingCare Kippax to launch their 2015 Christmas gift drive.

The Let’s Give Everyone a Christmas initiative collects donations of gifts and hampers for Canberra families that are doing it tough and might otherwise miss out on a merry Christmas.

GOVERNMENT PUTS TAX SECRECY AHEAD OF PASSING MULTINATIONAL TAX PLAN

Treasurer Scott Morrison cares so much about helping huge companies hide their tax dealings that he is now delaying the passage of his own multinational tax bill to do so.

Yesterday the Senate stood up for tax fairness by passing the Multinational Tax Avoidance Bill with important amendments that restore tax transparency.

The Senate’s fair amendments reversed the Government’s attempt to gut Australia’s tax transparency laws. As a result, private companies earning more than $100 million a year would continue to be included in transparency reports published by the Australian Tax Office. 

SENATE SUPPORTS TRANSPARENCY OVER SECRECY

Joint Media Release with Senator Sam Dastyari

The Senate has today stood up for tax fairness by passing the Multinational Tax Avoidance Bill with important amendments that restore tax transparency.

Today’s amendments have reversed the Government’s shameful attempt to gut Australia’s tax transparency laws. Private companies earning more than $100 million a year will continue to be included in transparency reports published by the Australian Tax Office.

TAX PAPER DELAYED FOR MORE TURNBULL TALK

Joint Media Release with Shadow Treasurer Chris Bowen 

Malcolm Turnbull loves the sound of himself talking about tax so much he has put off releasing the Government’s much-anticipated green paper until 2016.

The Government will now go into its third year in office without having even released its ideas on tax reform, let alone a real plan. 

This is acknowledgement from the Government that this term has been a wasteland when it comes to tax reform.

In an attempt to avoid acknowledging the delay, Treasurer ‘Sneaky’ Scott Morrison began slipping the new schedule into interviews today:

“There’s a budget next year, there’s a green paper we will be looking to release next year…”

- Scott Morrison, AM, 10 November 

LABOR WELCOMES LATEST MAJURA PARKWAY MILESTONE

Joint media release with Shadow Minister for Infrastructure Anthony Albanese and Senator for the ACT Katy Gallagher

Labor welcomes the completion of the Molongo River and Fairbairn bridges as part of Canberra’s $288 million Majura Parkway project.

The project will reduce traffic congestion for Canberra motorists by linking the Federal and Monaro highways and diverting trucks and other traffic moving through Canberra away from the city centre.

It will deliver more than $1 billion worth of economic, social and environmental benefits and carry at least 40,000 vehicles a day, including 6000 trucks, by 2030.

The ACT Labor Government and the former federal Labor government funded the project in 2011, each contributing $144 million.

UNTESTED TAX BILL NEEDS PROPER REVIEW

Scott Morrison should commit to a formal review of the Multinational Tax Bill by 2018, as recommended by the Senate Economics Committee this evening.

The committee’s report reflects Labor’s reservations about the Government’s untested approach to tackling multinational profit shifting.

It recommends the Bill be evaluated within three years of its 2016 start-date to determine whether it has successfully stopped companies siphoning profits offshore. 

With Treasury unable to say how much revenue the Government’s plan might return to Australia, and no other country having successfully implemented Australia’s approach, it is right that the tax Bill should be subject to serious evaluation in the future.

E&OE TRANSCRIPT

RADIO INTERVIEW

666 ABC CANBERRA

MONDAY, 9 NOVEMBER 2015

SUBJECT/S: Christmas Island; Liberals’ plan to raise the GST 

PHILIP CLARK: Parliament is back and I have Andrew Leigh, Labor member for Fraser, and Zed Seselja, Liberal Senator for the ACT, joining us now. Good morning gents. You're looking forward to it, can't wait, Andrew?

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: It just doesn't get better than this, Philip. We have the nation’s leaders coming to this great city in order to make this country better. 

CLARK: Exactly right. Can we talk first about Christmas Island, there is some pretty disturbing news this morning about what's going on there. Is this sustainable into the future, what do you think, Andrew?

LEIGH: I'm really concerned about what's coming out this morning, Philip. It's not obvious what has happened but it does again point to the need for better transparency for Australia's detention facilities. Labor has called for more openness and for better access by third parties to detention centres. We believe, for example, that there ought to be a Children's Commissioner in place who has an independent remit to look at issues in Australia's detention centres. 

E&OE TRANSCRIPT

DOORSTOP INTERVIEW

PARLIAMENT HOUSE, CANBERRA

MONDAY, 9 NOVEMBER 2015 

SUBJECT/S: Liberals’ plan to increase the GST

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Good morning everyone. When it comes to tax reform, every problem for this Government seems to come back to the GST. It's said that to a man with a hammer, everything looks like a nail. For this Government, tax reform looks like raising or broadening the GST. The problem is, when you look at the big challenges Australia faces, the GST is exactly the wrong response.

If you look at inequality, which is now at a 75 year high, raising one of our most regressive taxes would hurt the most vulnerable. If you look at consumer confidence, it's very clear that with consumer confidence still fragile, jacking up the cost of spending could well do damage to the Australian economy. You've only got to look at Japan which raised its consumption tax and saw the economy slide into recession. If you look at the big challenge of housing affordability, it's very clear that putting the GST on mortgages as Dan Tehan has advocated today would just drive housing affordability further out of the reach of the typical household.

So whether it's inequality, consumer confidence or housing affordability, raising the GST is not the answer. And frankly, if you think that raising the GST to 15 per cent is the right answer for Australia, you're probably asking the wrong question.