Implementing a minimum tax for multinationals-Media Release
The Hon Jim Chalmers MP
Treasurer
The Hon Andrew Leigh MP
Assistant Minister for Competition, Charities and Treasury
Assistant Minister for Employment
MEDIA RELEASE
MONDAY, 23 DECEMBER 2024
IMPLEMENTING A MINIMUM TAX FOR MULTINATIONALS
The Albanese Government is continuing to take action so that multinationals pay their fair share of tax in Australia.
Today the Government has published subordinate legislation in the form of Ministerial Rules as part of Australia’s implementation of a 15 per cent global minimum tax and domestic minimum tax for large multinationals.
To pay for the things that matter most to Australians like Medicare, pensions and housing, it’s important that multinationals operating in Australia pay their fair share of tax and that’s what these Rules help achieve.
Read moreNew tool to streamline and better coordinate financial sector regulation - Media Release
New tool to streamline and better coordinate financial sector regulation
Joint media release with
The Hon Jim Chalmers MP
Treasurer
The Hon Stephen Jones MP
Assistant Treasurer
Minister for Financial Services
The Albanese Government has today released a new tool to better streamline and coordinate regulation in the financial sector to help build a more competitive, dynamic and productive economy.
We want to make it simpler and easier to do business in Australia and that’s what our new Regulatory Initiatives Grid (RIG) will help achieve in the financial services sector.
It complements our other efforts to better target regulation across the economy, including through the biggest overhaul to merger settings in 50 years and our changes to strengthen and streamline the foreign investment regime.
World-first data asset to improve outcomes for people with Disability - Media Release
The Hon Amanda Rishworth MP
Minister for Social Services
Member for Kingston
The Hon Dr Andrew Leigh MP
Assistant Minister for Competition, Charities and Treasury
Assistant Minister for Employment
Member for Fenner
MEDIA RELEASE
THURSDAY 19 DECEMBER 2024
World-first data asset to improve outcomes for people with disability
Australia will now have a clearer research picture of people with disability aimed at improving their life outcomes, with the release of the first data from the National Disability Data Asset between Commonwealth, state and territory governments.
The NDDA is a world first, co-governed asset that has for the first time, linked de-identified data in a way that has people with disability as its core focus.
It is one of the major innovations of Australia’s Disability Strategy 2021-2031 and will play a key role in helping to measure how policies and programs are delivering better outcomes over time.
Read morePublic Country by Country Reporting Jurisdictions settled - Media Release - 17 December 2024
MEDIA RELEASE
17 December 2024
PUBLIC COUNTRY BY COUNTRY REPORTING JURISDICTIONS NOW SETTLED
Today, the Albanese Government’s determination of specified jurisdictions for Australia’s world leading Public Country by Country tax transparency regime has been published on the Federal Register of Legislation.
Primary legislation to put in place a Public Country by Country reporting register passed Parliament on 29 November. That legislation set out the annual tax data that affected entities will be required to report from 1 July 2024. The Taxation Administration (Country by Country Reporting Jurisdictions) Determination 2024, registered today, sets out the jurisdictions for which an entity must publish disaggregated (country-level) information.
With this determination in place, the government has delivered on our election commitment to increase tax transparency and added momentum to global campaigns to increase corporate accountability for tax strategies.
Read moreMandatory Food and Grocery Code of Conduct established in law-Media Release
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
MEDIA RELEASE
17 December 2024
Mandatory Food and Grocery Code of Conduct established in law
The Albanese Labor Government has made the Food and Grocery Code of Conduct mandatory, protecting farmers and everyday Australians at the supermarket checkout.
The mandatory code has now been signed by the Governor General and published on the Federal Register of Legislation. The new mandatory code will come into force on 1 April 2025, replacing the voluntary code.
This will protect suppliers and farmers and improve supermarket conduct with heavy penalties for breaches of the code.
Read moreACCC Federal Court action against NDIS and Aged Care provider - Media Release - 14 December 2024
The Hon Bill Shorten MP
Minister for the National Disability Insurance Scheme
Minister for Government Services
The Hon Andrew Leigh MP
Assistant Minister for Competition, Charities, and Treasury
Assistant Minister for Employment
ACCC FEDERAL COURT ACTION AGAINST NDIS AND AGED CARE PROVIDER WELCOMED
14 December 2024
The Minister for the NDIS the Hon Bill Shorten MP and Assistant Minister for Competition, Charities and Treasury, Dr Andrew Leigh MP today welcomed strong action by the Australian Competition and Consumer Commission (ACCC) to address allegations of false and misleading conduct by an Aged Care and National Disability Insurance Scheme (NDIS) provider, Ausnew Home Care Service Pty Ltd.
This action is proof of the success of the ongoing collaboration between the ACCC, the NDIS Quality and Safeguards Commission (NDIS Commission), and the National Disability Insurance Agency (NDIA) to drive positive outcomes that safeguard NDIS participants in the Scheme and stamp out poor behaviour by providers.
Minister Shorten said the commencement of civil proceedings in the Federal Court against Ausnew Home Care Service sends a strong message to any provider who falsely claims their products are ‘NDIS approved’ or misleads NDIS participants about the price of products.
Read moreAssistant Minister Andrew Leigh - Article - The Saturday paper - 14 December 2024
When a coin toss saves lives
The Saturday Paper
14 December 2024
James Lind set about determining the most effective treatment for scurvy, a disease that was killing thousands of sailors around the world.
Lind selected 12 sailors suffering from scurvy and divided them into six pairs.
Each pair received a different treatment: cider; sulphuric acid; vinegar; seawater; a concoction of nutmeg, garlic and mustard; or two oranges and a lemon.
In less than a week, the pair who had received oranges and lemons each day were back on active duty, while the others languished.
Given that sulphuric acid was then the British Navy’s main treatment for scurvy, this was a crucial finding.
Read moreRadio 2CC Interview - Transcript - 11 December 2024
E&OE TRANSCRIPT
RADIO INTERVIEW
RADIO 2CC INTERVIEW WITH LEON DELANEY
WEDNESDAY, 11 DECEMBER 2024
Subjects: Supermarket competition; Antisemitism; RBA decision on interest rates; Fit for Office competition
LEON DELANEY, HOST: Yesterday the people at CHOICE provided their quarterly report into supermarket prices to tell us what was revealed. The Assistant Minister for Competition, Charities, Treasury and Employment, not to mention our very own local member here in the seat of Fenner, Dr Andrew Leigh, good afternoon.
ANDREW LEIGH: Good afternoon, Leon, great to be with you.
DELANEY: Thanks for joining us today. Are the supermarkets still taking us for a ride?
LEIGH: We're doing our very best to make sure that's not the case, Leon. Part of it is this quarterly grocery price monitoring which puts more information in the hands of consumers and puts more competitive pressure on the supermarkets. Last parliamentary sittings we passed through Parliament the mandatory Food and Grocery Code that gets a fairer deal for farmers, pity the Coalition didn't vote for it, but it got through the Parliament all the same, and we're also giving more money to the Competition Watchdog to crack down on shrinkflation by enforcing the Unit Pricing Code. The latest results for the CHOICE price survey show again that Aldi is the cheapest supermarket, followed by Coles this time, followed by Woolworths and then IGA.
Read moreStrength in Diversity: Celebrating Australia’s Charities- SPEECH - 10 December 2024
Strength in Diversity: Celebrating Australia’s Charities
One ACNC all-staff meeting
Australian Charities and Not-for-profits Commission
Melbourne
TUESDAY 10 DECEMBER 2024
Thank you for the generous introduction. It's wonderful to be with you today on the traditional land of the Wurundjeri people of the Kulin Nation. I acknowledge their elders and recognise all First Nations people present.
It's a real pleasure to be here with Sue Woodward, your remarkable head, and also with Rob Heferen from the ATO joining us today.
The "One ACNC" motto really is apt for what we are doing today, bringing together that conversation between the Tax Office and the ACNC for the good of all Australians.
I was struck, looking at the 365 charities that you registered in November 2024, by the sheer breadth of Australia's community groups.
Looking through those names is a reminder of all the organisations that help Australians.
Read moreInterview with Ross Solly - ABC 666 - Transcript - 10 December - 2024
E&OE TRANSCRIPT
RADIO INTERVIEW
ABC 666 INTERVIEW WITH ROSS SOLLY
TUESDAY, 10 DECEMBER 2024
Subjects: Australian Flags; Dutton’s divisiveness; Combating antisemitism; CHOICE quarterly report on supermarket prices.
ROSS SOLLY, HOST: On the text line, Ross says, Sue "The only things dividing our country are Peter Dutton and the Union Jack still being on the flag of our multicultural country. I came to live in Australia from the UK in the 1970s and cannot believe we have not yet updated our outdated flag." Andrew Leigh is the Federal Member for Fenner and joins us on the program this morning. Andrew Leigh, good morning to you.
ANDREW LEIGH: Good morning, Ross, great to be with you.
SOLLY: And good to be with you as well. In a moment we'll talk about the CHOICE quarterly report which has just come out, which will give our listeners an insight into where they might get the best supermarket shopping in the lead up to Christmas. But Andrew Leigh, on this comment that Peter Dutton made last night, which people are talking about this morning, he says that when Anthony Albanese stands up at a news conference and he has the Australian flag and the Aboriginal and Torres Strait Islander flag behind him, that it is into the 21st century when it comes to its corporate registers dividing the country and that he would never do that and he will only ever stand in front of the Australian flag. What are your thoughts on this?
LEIGH: There's days Ross when Peter Dutton reminds me of the last guy in the pub looking around for someone to fight. He's always up for a battle. He's never up for actually bringing the country together. We ought to be celebrating the fact that we have this privilege as non-indigenous Australians of sharing a country with a people whose continuous link to the land goes back more than 60,000 years. We're incredibly lucky to have that culture. Extraordinary Australians like Ash Barty, Adam Goodes, Noel Pearson, these are remarkable Australians. And to celebrate indigenous culture, it's really so much of what Australia is about.
Read more