SUNDAY, 6 FEBRUARY 2022
SUBJECTS: Trust and texts; Camilla as Queen Consort; Australia as a Republic.
SHARRI MARKSON, HOST: Welcome back. Let's bring in the political panel, Labor MP Andrew Leigh and Liberal MP Jason Falinksi. Great to have you with us. I don't want to have to talk about this again. But let's go to this political story that’s set to dominate Canberra this week, unless something else breaks. The prime minister today dismissed the text messages that are undoubtedly distracting from his campaign. Jason, what I want to know is have you ever sent a text message criticising the Prime Minister?
JASON FALINKSI: So Sharri, let me tell you that never - not a single time in my life – have I ever sent a critical text message about anyone to anyone else. It's never happened.
MARKSON: That's because you're on Confide all the time, or Signal, the disappearing message apps. Andrew-
FALINSKI: I’ve never had those.Read more
OUTDATED COMPETITION POLICY HURTS CONSUMERS
The Australian, 7 February 2022
I’ve never forgotten the woman who told me ‘there’s always more month than money’. She reflected the quiet frustration of so many people – hardworking, ethical and decent – who feel that prices are rising, while wages are flatlining.
Since the pandemic began, some prices have surged. Since December 2019, the price of beef has risen 17 percent. Furniture is up 11 percent. Car prices are up 10 percent. Childcare costs are up 9 percent. Late last year, fuel was selling for more than $2 a litre at many petrol stations. Yet in the Morrison Government’s last budget, real wages were forecast to fall.
Supply pressures account for a considerable portion of the rise in prices. But it doesn’t help that many industries in Australia are dominated by a handful of big firms. As Rod Sims, the outgoing head of the competition watchdog, has noted, market power in Australia seems to be growing.Read more
WEDNESDAY, 2 FEBRUARY 2022
SUBJECTS: Cost of living; Labor’s plans to help get wages moving; the Reserve Bank’s decision on rates; Labor’s plans to make multinationals pay their fair share.
TOM CONNELL, HOST: One of the big moments yesterday at the National Press Club was the Prime Minister being asked about a host of everyday items. Was it just a journalism gotcha, a typical Canberra bubble question? Did it show the PM is out of touch with the cost of living? It might depend, of course, on your political viewpoint on all of that, but it's become a talking point regardless. For more on this I'm joined by Labor's Shadow Assistant Minister for the Treasury, Andrew Leigh. Thanks for your time. Look, you're a deep thinking politician. I'm not being in the pejorative here, you're probably quite a sort of highbrow politician. What did you make of this question asked of the Prime Minister?
ANDREW LEIGH, SHADOW ASSISTANT MINISTER FOR TREASURY AND CHARITIES: Well, it's not the most important issue in politics, Tom. But I was surprised that the Prime Minister couldn't even name the price of petrol, given that it's gone over two bucks for the first time on his watch and is now in many places sitting around $1.70. It illustrated to many people that this is a prime minister who hasn't noticed that prices are rising for many people faster than their pay packets. He's just brought down a budget which has real wages forecast to fall, and yet we've got prices of housing, childcare, basic essential items going through the roof. It's just not good enough for Scott Morrison to be saying that things are fine and dandy when so many households feel like there's always more month than money, and feeling that the squeeze that the Morrison Government is putting on their household finances is more than they can bear.Read more
TUESDAY, 1 FEBRUARY 2022
SUBJECTS: Labor’s plans to make multinationals pay their fair share; Tax policies.
LIAM BARTLETT, HOST: We're joined this morning by Andrew Leigh. Andrew is the federal Labor Shadow Assistant Minister for Treasury and Charities, and will have a lot to do with this sort of tax policy during the campaign. How are you this morning, Andrew?
ANDREW LEIGH, SHADOW ASSISTANT MINISTER FOR TREASURY AND CHARITIES: I'm terrific, Liam. How are you?
BARTLETT: I'm okay. Now, let's get to the bottom of this. What does your leader mean by that reference, the issue of multinationals?
LEIGH: Well, Anthony's concerned that at the moment two-fifths of multinational profits are booked through tax havens, places like the Bahamas and the Cayman Islands. And that means that if you're a regular Aussie business competing against a multinational, then you're doing it with one hand tied behind your back. Because multinationals are making use of the same sort of hidey holes that are being used by terrorists and kidnappers and drug runners. Tax havens have become a cancer on the global tax system, and so Anthony Albanese is determined to do something about that - not only to ensure that we get more revenue into the government coffers, but also because it's not fair on regular Australian firms to be going up against multinational tax dodgers.Read more
ABC RADIO MELBOURNE
TUESDAY, 1 FEBRUARY 2022
SUBJECTS: Labor’s plans to make multinationals pay their fair share; the Liberals’ track record of inaction; the RBA meeting on rates and household budgets; Aged Care; billions in JobKeeper funds going to firms with rising revenue.
VIRGINIA TRIOLI, HOST: I'm always happy to talk to you, Andrew Leigh. Good morning.
ANDREW LEIGH, SHADOW ASSISTANT MINISTER FOR TREASURY AND CHARITIES: Good morning, Virginia. Great to be with you.
TRIOLI: Because the government is saying that Anthony Albanese is failing to rule out higher taxes, and he's going to one particular point about that, which is about the taxing on multinationals. And that actually is an area where you as opposition and government do want to see multinationals paying more taxes than they have right now. But when it comes to general taxation, and perhaps any threat of future taxation on general PAYG employees in this country, is Anthony Albanese clear? Will there be no new taxes on them?
LEIGH: We've been clear on that, that we're not going to be pursuing the measures on individual taxpayers we took to the last election. But we've got to do more on multinational taxation, Virginia. We've got two-fifths of multinational profits currently booked through tax havens. We've got some $100 billion of Australian moguls’ money sitting in tax havens - places like the Bahamas and Panama, where there are very low tax rates and where on one estimate four-fifths of the money is there in breach of other country's tax laws. Now, these aren't just tax avoidance mechanisms. These are also the places where terrorists, kidnappers, drug kingpins store their money. We have to crack down on tax havens, because they’re a cancer on the global tax system. I've found it remarkable that yesterday two of your Victorian ministers, Michael Sukkar and Jane Hume, put out a press release criticising Anthony Albanese for wanting to do more on multinational taxation. In Victoria, we had the incident a couple of years ago of the Stawell tyre dump being transferred to a company in Panama in order to avoid their clean-up obligations. Some 9 million tyres sitting at that dump and the attempt of the owners was to shift its ownership off to Panama, to a tax haven, and thereby avoid their liabilities. And it's that sort of problem that Labor wants to address.Read more
PAUL MURRAY LIVE
THURSDAY, 27 JANUARY 2022
SUBJECTS: Labor’s Power to the People plan; Labor’s plans to reduce cost of living pressures; Supply chain issues, Scott Morrison failing Australians on rapid antigen tests.
PAUL MURRAY, HOST: Joining us right now representing the government is the Resources Minister Keith Pitt. Representing the Labor Party is Andrew Leigh, who is their Shadow Assistant Minister for Treasury. Lads, hello. Hopefully you both had a good summer.
ANDREW LEIGH, SHADOW ASSISTANT MINISTER FOR TREASURY AND CHARITIES: G’day, Paul. G’day, Keith.
KEITH PITT: It’s the electrician versus the economist.Read more
A MORE DYNAMIC ECONOMY
The Australian, 24 January 2022
Imagine a stock-trading Rip Van Winkle who went to sleep on Wall Street in the mid-1980s and just woke up today. When he looked at the biggest firms on the US market, he would be startled. In the mid-1980s, the largest US firms were IBM, Mobil, Exxon, Ford and General Motors. Today, they are Apple, Microsoft, Amazon, Alphabet and Facebook.
But if he’d gone to sleep on Bridge Street, Sydney, our stock trader might have wondered if he’d slept at all. In the mid-1980s, the largest Australian firms were Westpac, the Commonwealth Bank, NAB, ANZ and BHP. Today, they are Westpac, the Commonwealth Bank, NAB, BHP and CSL.
This isn’t just about firms, it’s about industries. A generation ago, the largest US firms included two oil companies and two car companies. Today, technology rules the roost. Yet in Australia, the same banks and the same mining company persist, with biotechnology firm CSL the only new entrant into the top five. Over the last generation, the biggest US businesses have been dethroned, and replaced by new firms from an entirely new sector. In Australia, it’s business as usual.Read more
2SM MARCUS PAUL IN THE MORNING
MONDAY, 17 JANUARY 2022
SUBJECTS: Novak Djokovic; Scott Morrison’s failure to call out antivaxxers in his own Government; Rapid Antigen Test shortage and Scott Morrison’s failure to plan ahead; Deloitte downgrading Australia’s economic forecast.
MARCUS PAUL, HOST: Time to catch up with Shadow Assistant Minister for Treasury and Charities and federal Member for Fenner, Andrew Leigh. Good morning, Andrew. How are you, mate?
ANDREW LEIGH, SHADOW ASSISTANT MINISTER FOR TREASURY AND CHARITIES: Terrific, Marcus. The better for being with you today.
PAUL: Thank you. I hope you’re well. You haven't contracted COVID yet, have you?
LEIGH: No. Our family’s been thankfully COVID free, but there's certainly a lot of about at the moment.
LEIGH: Running rampant through the community.
PAUL: Alright. Well, one of the big issues of course - it's hard to escape - Novak Djokovic. I guess the question needs to be asked, and maybe after the tournament itself has been run and won maybe Tennis Australia can pony up and answer some questions, but why was he ever given a visa in the first place?Read more
CHARITIES ARE SICK OF FIGHTING OFF ATTACKS BY MORRISON GOVERNMENT
The Guardian, 15 January 2022
One of the key steps in the autocrats’ playbook is to suffocate civil society. From Venezuela to Belarus, elected leaders who have overseen a democratic decline have harassed volunteers, shut down community groups, and curtailed charities. The last thing a strongman needs is a group of engaged community leaders telling people the truth.
Five years ago, international not-for-profit Civicus started tracking how countries treat civil society. When they began, Australia occupied the top ranking: “open”. That’s the rating enjoyed by Germany, Canada, Sweden, New Zealand and many other advanced countries.Read more
WHAT BOOKS OUR LEADERS SHOULD BE READING... AND WHY
The Sydney Morning Herald, 8 January 2022
Forced into teenage work to support his family, John Curtin made up for his lack of formal education with a lifetime of reading. As a young man, he would stay late at the Melbourne Public Library. As Curtin's great-grandson Toby Davidson notes, an hour each Sunday was reserved for reading poetry. When he became Prime Minister, Curtin’s deep inner life engendered respect across the political spectrum. He had read enough in foreign policy to know that Australia needed to reach out to the United States ‘free of any pangs as to our traditional links or kinship with the United Kingdom’. His reading of Keynes and Pigou shaped Curtin’s decision to introduce unemployment benefits and plan for a full-employment economy after World War II. Books shaped Curtin, and Curtin shaped Australia.
2021 has been a bumper year for books about big ideas. In fact, you might say there’s been a cabinet-full of books, in the sense that there’s something for every member of cabinet to devour.
For the industry minister, Kazuo Ishiguro’s science fiction novel Klara and the Sun explores a world of artificial intelligence and genetic engineering. Walter Isaacson’s The Code Breaker: Jennifer Doudna, Gene Editing, and the Future of the Human Race delves into what current CRISPR gene editing technologies can achieve. Like Isaacson’s previous biographies of Leonardo Da Vinci, Albert Einstein and Steve Jobs, the focus isn’t just on the outcomes, but on how extraordinary minds think differently. Reading their stories is a reminder that breakthroughs are more likely to happen when every child has the teachers, mentors and funding that empowered the world’s best innovators.Read more