The ‘Tyreing’ Business of Tax Dodging - Op Ed, The New Daily
HONEST AUSTRALIANS PAY THE PRICE FOR COALITION’S REFUSAL TO COME DOWN HARD ON TAX RORTS AND SCAMS
At its peak, the Stawell tyre dump held nine million tyres, making it one of the biggest tyre dumps in the world. After being inactive for more than a decade, the state Environmental Protection Authority finally stepped in and cleaned it up, recycling more than one million tyres, weighing around 10,000 tonnes.
Yet when they looked for someone to pay the bill, the government found that ownership of the dump had been transferred to an internet marketing company based in the tax haven of Panama. Asked about the sale, the former owner admitted ‘I have never been to Panama and can't speak or understand any Spanish’. When the case went to court, Justice Karin Emerton called the sale of the site ‘outrageous’, suggesting that ‘It's open to infer that shifting assets between two companies, to a shelf company in Panama, is a device being used to avoid obligations under the fire preventions notice’.
Read moreThere's Always More Month Than Money - Op Ed, The Australian
OUTDATED COMPETITION POLICY HURTS CONSUMERS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 moreSimple fact is our future demands economic diversity - Op Ed, The Australian
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 moreCharities sick of fighting off attacks by Morrison Government - Op Ed, The Guardian
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 moreLeaders must be readers - Op Ed, The Sydney Morning Herald
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 moreAn Economy As Good As Our Sports Stars - Op Ed, The Daily Telegraph
TOO SLOW IN A FAST WORLD
Daily Telegraph, 4 January 2022
Sports stars are getting more remarkable every year. In 1950, no-one in history had run a four-minute mile. Now, there are more than a dozen high school students who have managed the feat. In 1950, the bench press world record was 181 kilograms. Now, it is 355 kilograms.
Today’s elite athletes have better equipment, better nutrition and better coaching than in past generations. Competitors start training at a younger age, and train harder than ever before.
Yet while today’s sporting stars are faster, higher and stronger than ever before, the same cannot be said for the Australian economy. Even before COVID hit, economic growth had slowed. Wage growth was tepid. Construction and business investment were languishing.
Read moreActually, Zed, Labor will make us a clean energy superpower - Op Ed, The Canberra Times
CLIMATE CHANGE AND CANBERRA
The Canberra Times, 30 December 2021
They’re only a few dozen kilometres apart, but there’s a remarkable difference between the conversation about climate change in schools in my electorate, and from conservative Liberal and Nationals in Parliament House. Canberra’s school students know that Australia needs to take stronger action on climate. They’re excited about renewables. They love electric vehicles. The tinfoil hat brigade in the Coalition party room want to use taxpayer money to fund new coal fired power stations that the private sector won’t touch with a barge pole. They fearmonger about renewables. They claim that electric vehicles will end the weekend.
Sadly, Australia’s most progressive jurisdiction has one of the most conservative senators in the federal parliament. When Zed Seselja isn’t voting against territory rights, he’s peddling baseless fear campaigns about the dangers of climate action. Zed is a walking example of why Australia recently ranked last for climate policy among 64 countries in the Climate Change Performance Index – worse than Kazakhstan, Saudi Arabia, Russia and Brazil.
Read moreCrossing the Road Without Checking for Traffic - Op Ed, Lowy Institute Interpreter
WHAT’S THE WORST THAT COULD HAPPEN? TACKLING EXISTENTIAL RISK
Lowy Institute Interpreter blog, 23 December 2021
What would happen if you decided to cross the road without checking the traffic? Odds are that you’d survive unscathed. But do it enough times and you’re likely to come a cropper.
As a species, humanity is now playing with technological innovations that pose a small but real risk of ending our existence. Tens of thousands of nuclear weapons pointed at major cities. Biotechnology that could allow the creation of deadly pathogens. Computer technology that could create a machine that is smarter than us and doesn’t share our goals. And all the while climate change could lead to unstoppable feedback loops.
As a teenager, I joined Palm Sunday anti-nuclear rallies. As an adult, I’ve been a strong advocate of climate change action. But when I entered parliament in 2010, the issue of existential risk didn’t loom large on my radar. My priority was people’s quality of life, not the end of life itself.
Read moreWhy has no person of colour ever served on the High Court? - Op Ed, AFR
WHY HAS NO PERSON OF COLOUR EVER SERVED ON THE HIGH COURT?
The AFR, 22 December 2021
In 120 years, no judge of colour has ever been appointed to the High Court of Australia. Asian Australians comprise 10 percent of the Australian population. Yet across all courts, the Asian Australian Lawyers Association estimates that only 1 percent of Australian judges are Asian-Australian.
When it comes to gender, the figures aren’t much better. Across federal and state courts, only 39 percent of judges are women. This is despite the fact that women comprise amajority of lawyers, and a majority of the population as a whole. The share of Australians with a non-Anglo background is high and rising. Yet if you go into any courtroom in the country, it’s most likely that you’ll see a white bloke on the bench.
Read moreScott Morrison’s failures costing charities millions - Media Release
SCOTT MORRISON’S FAILURES ARE COSTING CHARITIES MILLIONS
Scott Morrison’s failure on charitable fundraising reform is costing Australian charities more than a million dollars every month.
On 15 December 2020, twelve months ago tomorrow, the Morrison Government promised to fix the country’s outdated fundraising laws. The Treasurer Josh Frydenberg even admitted that inconsistent regulations across states and territories created “an estimated regulatory burden of $13.3 million a year” for the sector. This is because charities who want to raise money online through a national campaign need to file paperwork registering in every state and territory (except the Northern Territory). These seven sets of forms can often take charities up to a week to comply with.
In another demonstration that the Morrison Government is all announcement and no delivery, a full year has gone by since the Treasurer’s empty promise. Charities are still burdened by unnecessary reporting requirements, which sees money being spent on excessive paperwork instead of causes such as feeding the homeless, protecting our environment and helping Australians rebuild their lives after natural disasters.
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