6PR Perth Money News with Karalee Katsambanis - Transcript


SUBJECTS: Multinational tax reform, price gouging and petrol prices, and the Royal Australian Mint winning international coin prizes,

KARALEE KATSAMBANIS: I am actually delighted to be speaking to Dr Andrew Leigh, the Assistant Minister for Competition and Charities and Treasury this evening.

Good evening, Dr Leigh.


KATSAMBANIS: It’s lovely to have you back on the show. Now, one thing I love is you’re always very available to our audience. You like to keep us up to date with what is happening in the Canberra sphere of some of the causes that you are, you know, in charge of and a lot of the legislation. You wear lots of different hats in Canberra.

One of the important things that we’ve followed on this show – and I know from all your extremely hard work during the election campaign before you came to power – is the multinational tax update. It’s something that’s pretty dear to your heart as well. You’ve really seen it through. What we can tell the listeners is the legislation has passed the House with support from both the Coalition and the Greens. However, what does it actually now mean? Can you explain that for our listeners and give a little bit of a background as well just in case some of them aren’t aware of it?

Read more
1 reaction Share

2CC 1206 Afternoon Drive with Leon Delaney - Transcript


 SUBJECTS: ACT Waterways, Volunteer Groups, Ending Loneliness Together.

LEON DELANEY: The Federal Government has announced a $3.2 million investment into improving Canberra's waterways, and Lord knows, our waterways need improvement. Assistant Minister for Competition, Charities and Treasury and Assistant Minister for Employment, and of course, most importantly our local Member for Fenner, Dr Andrew Leigh, good afternoon.


DELANEY: Well, thanks for joining us. Your name is on this media release along with your colleagues, Alicia Payne, David Smith, and of course the Minister for the Environment, Tanya Plibersek. But what exactly does this $3.2 million funding mean for the waterways here in Canberra?

Read more
1 reaction Share

Housing Affordability - Speech

Housing Affordability
Constituency Statement
House of Representatives, 10 August 2023

Here in the ACT and across the country, housing affordability has become a major challenge. Under the former government, home ownership rates in Australia fell to a 50-year low. Many Australians are struggling to pay the rent. Since coming to office, our government has focused on improving access to housing and tackling the homelessness challenge. We've invested in the Social Housing Accelerator. We're expanding build-to-rent, including right here in the ACT. Through National Cabinet, states and territories have committed to improving renters' rights. I commend the hard work of the Housing Minister Julie Collins on achieving these outcomes. We've delivered the biggest increase in the Commonwealth's rental assistance in 30 years.

But unfortunately, a no-alition of the Liberals and the Greens is blocking the Housing Australia Future Fund, a major investment in housing supply. For every day that that blockage continues, 16 more houses don't get built. So, by standing in the way of the Housing Australia Future Fund, the Greens are blocking housing supply.

Read more
1 reaction Share

Making Multinationals Pay Their Fair Share—Integrity And Transparency Bill

Treasury Laws Amendment (Making Multinationals Pay Their Fair Share—Integrity And Transparency) Bill 2023

Second Reading, Summing up speech

Wednesday 9th August 2023


Dr Leigh (Fenner—Assistant Minister for Competition, Charities and Treasury, Assistant Minister for Employment):

First, I want to thank those members who've contributed to this debate. The Australian government went to the 2022 election with commitments to tighten tax integrity and to play a meaningful part in driving international tax reforms. We made that commitment more than one year ago, and the timelines we set were to allow for meaningful consultation with affected stakeholders. That consultation has indeed taken place.

Through the exposure draft, Treasury has conducted 10 meetings with interested stakeholders, ranging from peak groups to individual firms. Since the bill was introduced, Treasury has carried out seven more consultation meetings, again, with a range of peak groups and investors. The exposure draft received 54 written submissions, and those submissions that asked to be made public have been published on the Treasury website.

More than a year on from the election, I stand here to speak in favour of a government that seeks to implement its election commitment. The measures we brought to parliament have benefited from the guidance and input of industry and civil society, but we bring these amendments to the parliament with a clear eye to the main game. For too long, multinational profit shifting has left a hole in our corporate tax revenue. For too long, artificial debt deduction mechanisms have been used and misused to allow revenue to drain away to low- or no-tax jurisdictions. When that happens, households and businesses pay more, and that's why this bill the government brings to the House is a pro-business measure.

As the member for Chisholm so articulately put it, this is about creating a level playing field across all Australian businesses. If you are a local small business just trying to make payroll, you're not thinking about how you're going to restructure your arrangements to set up a high-interest loan coming out of the Caymans so you can reduce your tax bill. If you're a regular mum-and-dad business just trying to get by, what you ask is to be placed on a level playing field with other firms. Multinational tax is complicated, but the very principles at stake in this bill are simple: do we want multinationals to pay their fair share, or do we want to allow the status quo to continue?

We have given industry over a year to prepare for these changes. The consultations have helped ensure our integrity measures are properly targeted to tighten loopholes that can be used to allow the strategic erosion of our tax base. We don't want to affect legitimate commercial arrangements. Our commitment is to shift the norms, not maintain the status quo, and that reflects the consensus embodied in the OECD/G20 process. That inclusive framework on base erosion and profit shifting has seen over 140 countries and jurisdictions collaborate on the implementation of measures to tackle tax avoidance to improve the coherence of international tax rules and to ensure a more transparent tax environment. It brings an end to the notion that we should just allow a race to the bottom in corporate taxation, with a global 15 per cent minimum floor on corporate taxation.


Read more
1 reaction Share

Launch of the State of the Nation Report: Social Connection in Australia 2023 - Speech

Launch of the State of the Nation Report: Social Connection in Australia 2023
Parliamentary Friends of Ending Loneliness, Canberra
Monday, 7 August 2023

Like Aunty Violet Sheridan, I acknowledge the Ngunnawal people on whose lands we meet today, acknowledge all First Nations people present, and commit myself to campaigning for a First Nations Voice to Parliament.

I'd like to thank the co-chairs, Bridget Archer and Andrew Giles, good friends both appropriately for a group called Parliamentary Friends for Ending Loneliness. I think it should just be shortened to ‘Parliamentary Enemies of Loneliness’. That would be simpler. We're not really into parliamentary enemies groups in this parliament. But really that would get to the nub of it.

I also acknowledge Emma McBride, who is doing terrific work in the health space, particularly thinking about how social prescribing can make a difference, Michelle Lim and John Pollaers from Ending Loneliness Together, and social commentator Hugh Mackay. 

Read more
1 reaction Share

Sky News Afternoon Agenda with Tom Connell - Transcript


SUBJECTS: ANZ-Suncorp merger, Competition policy, Cost of living

TOM CONNELL (HOST): Joining me live now is the Assistant Minister for Competition, Charities and Treasury and Employment, Andrew Leigh, thanks for your time.


CONNELL: So blocking the move, what did you make of that?

LEIGH: Well, the ACCC has its independent job to do and the government certainly won’t be commenting on the specifics of the decision today. The parties have the option to appeal to the Australian Competition Tribunal or to the Federal Court. All we would do is thank the Australian Competition and Consumer Commission for their work in assessing this proposed merger.

Read more
1 reaction Share

Supporting Australian Families - Speech

Supporting Australian Families
Matter of Public Importance
House of Representatives, Wednesday 2 August 2023

As a father of three boys, I found yesterday's television stories utterly gut-wrenching. To see these accounts of a number of allegations is just extraordinary. I'd encourage anyone who is distressed by the news to seek support. The government thanks the hardworking officers of the Australian Federal Police, the Australian Centre to Counter Child Exploitation and the Queensland and New South Wales police for their dedication to the case. They didn't give up until they identified all of the alleged victims.

It's important to remember that the matter is currently before the courts. We in this parliament have the liberty to speak about any matters we wish, but it has not been unknown for past court cases to be derailed, so I'd urge all those speaking on this matter of public importance debate to be careful. The Leader of the Opposition, as a former police officer, knows better than anyone to be careful in all of our words in what we say to ensure we do not jeopardise the work of the police.

The Albanese government has been working with all Australian jurisdictions on the National Strategy to Prevent and Respond to Child Sexual Abuse, underpinned by an initial investment of some $300 million over four years. The Australian Centre to Counter Child Exploitation received additional funding in our budget. The Minister for Education has asked the independent Australian Children's Education and Care Quality Authority to undertake a review of child safety arrangements, recognising these heinous events. The government will receive the authority's interim reports in October.

Read more
1 reaction Share

Volunteer Grants 2023

Grants are open for the 2023 round of Volunteer Grants. These grants will provide $1,000 to $5,000 to eligible volunteer-led community groups to help with the cost of supporting volunteers and the vital work they do in our community.

To apply, please complete an Expression of Interest to us via this form, you can find a full breakdown of which groups and what activities are eligible for this program in this document 

If you’re eligible and have a project that could use this funding, please email my office  before 5pm on the 30th of August 2023.

Please call the office on (02) 6247 4396 with any questions.

1 reaction Share

More than one billion reasons to vote Yes for a Voice - Opinion Piece

More than one billion reasons to vote Yes for a Voice

The Daily Telegraph, 31 July 2023

Ancient Egypt, Greece and Rome are pretty old civilisations, but they don’t have a patch on Australia’s First Peoples. By the time those civilisations were getting started, Indigenous people had been on this continent for tens of thousands of years.

Indigenous people refer to “everywhen” to describe the connections between past, present and future. And indeed, it’s hard to get your head around the concept of a people who have been here for more than 60 millennia.

What does 60,000 years mean? If every generation lasts 30 years, this means that two thousand generations of Indigenous people have dwelt on this continent.

Read more
1 reaction Share

Charities Commission Advisory Board Appointed - Media Release


The Government is pleased to announce eight appointments to the Australian Charities and Not‑for‑profits (ACNC) Advisory Board.

The ACNC Advisory Board supports and advises the ACNC Commissioner.

Late last year, the Government sought applications from members of the charity sector to join the ACNC Advisory Board.

Read more
1 reaction Share

Stay in touch

Subscribe to our monthly newsletter


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.