Andrew Leigh

HOUSE OF REPRESENTATIVES - 27 NOVEMBER 2024

The Albanese government is working hard to get a fairer go for families and a fairer go for farmers.

We know that large firms don't just squeeze their consumers, they squeeze their suppliers too. We have heard too many stories about the suppliers not getting a fair deal.

Earlier this year, third-generation cherry farmer Michael Cunial said that he was getting out of the industry. He told the ABC:

'We're at the mercy of them. We're price takers. So the profit just isn't there anymore… "There's a huge, huge imbalance. Supermarkets are making these multi-billion-dollar profits and growers are losing money.'

When the Food and Grocery Code was established by the former coalition government in 2015, it was set up as a voluntary code. When it was reviewed in 2018, the former coalition government decided that it should remain a voluntary code. I note in passing that this decision was made when the current shadow agriculture minister, the member for Maranoa, was the agriculture minister. The member for Maranoa had a chance to deliver a mandatory Food and Grocery Code, but decided to keep the code voluntary.

HOUSE OF REPRESENTATIVES - 27 NOVEMBER 2024

This is an important reform for multinational tax integrity in Australia. This bill puts in place a global minimum tax. It ends the race to the bottom in company taxes that imperils the corporate tax base around the world. That matters for all countries that impose corporate taxes but particularly for Australia, which has traditionally drawn a considerable share of the revenue that we use to fund schools, roads and hospitals from corporate taxes. By having that global minimum floor, that 15 per cent minimum floor, Australians will be made better off.

This bill is about fairness. It's about ensuring multinationals pay their fair share. Australia welcomes foreign investment, but being a multinational is no license to dodge taxes. It is vital that multinationals understand that Australia is serious about multinational tax compliance.

Julie Collins MP

Minister for Agriculture, Fisheries and Forestry

Minister for Small Business

The Hon Andrew Leigh MP

Assistant Minister for Competition, Charities, and Treasury
Assistant Minister for Employment

NEW MANDATORY FOOD AND GROCERY CODE FOR SUPERMARKETS TO INCLUDE MULTI-MILLION DOLLAR PENALTIES

The Albanese Government is ensuring that supermarkets will face multi-million-dollar penalties for harmful breaches of the Food and Grocery Code of Conduct.

The Albanese Government will today introduce the Treasury Laws Amendment (Fairer for Families and Farmers and Other Measures) Bill 2024. The Bill will ensure penalties for treating suppliers poorly in breach of the Code is not merely a cost of doing business.

The Bill provides that the maximum fines that can be prescribed under the Food and Grocery Code will be the greater of:

• $10 million
• three times the value of the benefit gained from the contravening conduct, or
• 10 per cent of turnover in the preceding 12 months.

These are serious penalties. They are the highest corporate penalties under any industry code.

E&OE TRANSCRIPT
RADIO INTERVIEW
RADIO 2CC BREAKFAST WITH STEPHEN CENATIEMPO

TUESDAY, 26 NOVEMBER 2024

SUBJECTS: SOCIAL MEDIA MINIMUM AGE; HELP TO BUY; BUILD TO RENT

STEPHEN CENATIEMPO, HOST: Time to talk federal politics with the Assistant Minister for Competition, Charities and Treasury and the Member for Fenner, Andrew Leigh. Andrew, good morning.

ANDREW LEIGH: Good morning, Stephen, great to be with you.

CENATIEMPO: 76 new bills before both Chambers of Parliament this week. How many are you repealing?

LEIGH: We've got a big legislative agenda, there's a lot to be done, and certainly the work of getting inflation under control, dealing with the indexation of HECS, making sure that we've got the social media ban for under 16s that you mentioned there, Stephen, all of that is important legislative agenda. I think it's doing what the Australian people want us to do, of tackling cost of living and ensuring that we create more jobs, there's a million created since we came to office.

CENATIEMPO: Well, yeah, most of them are public service, so let's be honest about that --

LEIGH: No..,

CENATIEMPO: But when it comes to that social media bill, it's not what most parents want.

LEIGH: Well, first of all, Stephen, you're wrong about jobs, most of those jobs have been created in the private sector.

E&OE TRANSCRIPT
RADIO INTERVIEW
ABC RADIO CANBERRA BREAKFAST WITH ROSS SOLLY

MONDAY, 25 NOVEMBER 2024

SUBJECTS: GAMBLING REFORMS; MISINFORMATION AND DISINFORMATION BILL; CRYPTO ASSET REPORTING FRAMEWORK; COMPETITION REFORMS TO BOOST PRODUCTIVITY.

ROSS SOLLY, HOST: At my count and what I've read, there are 76 government bills currently before both chambers up on the hill. Now this is the last week before the Christmas break so I'm not quite sure how many of those 76 government bills will go through. But what we do know is the Government on the weekend announced that it was walking away from a couple of key bills, including the misinformation and disinformation laws bill. And it's also now, putting on the back burner now, gambling reforms.

Now, ACT Senator David Pocock this morning has said that this Government is absolutely gutless, and that this is a win for Peter V'landys at the betting industry and that it betrays the Legacy of Peta Murphy, who was the Labor member who worked so hard to try and get some sort of reforms in place.

Andrew Leigh is the Member for Fenner and joins us on the program now Andrew Leigh good morning to you.

ANDREW LEIGH: Good morning, Ross great to be with you.

SOLLY: Yeah, just on that, David Pocock says you’re being gutless here, you need to take the bit between your teeth and run with this.

LEIGH: Peta Murphy was a mate of mine, so I found David Pocock’s comments pretty offensive. We have worked incredibly hard to progress gambling reform. The fact that we aren’t able to find the numbers in the Senate at the moment to pursue sensible reforms the Minister has put up is disappointing.

THE HON JIM CHALMERS MP

TREASURER

SENATOR THE HON KATY GALLAGHER

MINISTER FOR FINANCE
MINISTER FOR WOMEN
MINISTER FOR THE PUBLIC SERVICE

THE HON ANDREW LEIGH MP

ASSISTANT MINISTER FOR COMPETITION, CHARITIES AND TREASURY

JOINT MEDIA RELEASE

GOVERNMENT ACTING SWIFTLY ON COMMONWEALTH SURCHARGES

The Albanese Labor Government will stop passing on debit surcharges from the ATO and Services Australia to make sure these everyday payments don’t cost Australians more from 1 January 2025.

Following the New South Wales Government’s announcement on 23 October 2024 that Service NSW and Revenue NSW had unlawfully collected merchant fee charges, we established a multi-agency Taskforce to examine the issue at a federal level.

As a result, we received advice that the collection by a Commonwealth entity of a payment surcharge is likely unlawful in certain circumstances without a legislative basis to permit it.

Long runs and audiobooks go together like mystery and midnight. Over the course of 2024, I’ve enjoyed a variety of books – and even a few in print. Some are published in 2024, but many are just ones that I’ve consumed this year. Favourites below, in case they pique your reading interest.

HOUSE OF REPRESENTATIVES - 20 NOVEMBER 2024

At the outset, I acknowledge the remarkable valedictory speech that the House has heard from the member for Maribyrnong. On a personal note, it was a real honour to serve as a shadow minister when the member for Maribyrnong was the Leader of the Labor Party, and it is a great honour to serve alongside him as an assistant minister in the Albanese government.

It's pretty extraordinary to hear the words of the former housing minister and now shadow housing minister. It's no surprise that he has scurried out of the chamber, given his lacklustre record when it came to housing. Under the former government, for most of their time in office, we didn't have a housing minister. Under the former government, homeownership rates in Australia fell to a 50-year low. Under the former government, building approvals were at an almost decadal low. Under the former government, there was a skills deficit through the entire construction industry. Under the former government, they went for their last five years failing to hold a meeting of state and territory housing ministers. Under the former government, social housing increased by less than 10,000 homes over nine years, compared to a 30,000-home increase under the Labor government that had preceded them.

THE HON JIM CHALMERS MP TREASURER

THE HON DR ANDREW LEIGH MP

ASSISTANT MINISTER FOR COMPETITION, CHARITIES AND TREASURY

HISTORIC MERGERS REFORM PASSES HOUSE OF REPRESENTATIVES

The Government has passed the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 through the House of Representatives. This is a major milestone in building a stronger, more competitive and more productive economy. 

These reforms are the largest shakeup of Australia’s merger settings in half a century.

The Government has released a consultation paper on Australia’s implementation of the OECD-developed Crypto Asset Reporting Framework and associated amendments to the Common Reporting Standard. 

The Crypto Asset Reporting Framework is a new transparency framework responding to the rapid growth of crypto asset markets globally and the challenges this presents for addressing tax evasion and tax avoidance.

The new reporting framework will improve visibility over incomes made through crypto assets to increase compliance with local tax laws via automatic exchange of information between revenue authorities. It works by compelling crypto asset intermediaries operating in Australia to report data on crypto related transactions to the Australian Taxation Office.