Economics of the company tax cut simply don’t stack up - Transcript, Sky News Agenda
E&OE TRANSCRIPT
TELEVISION INTERVIEW
SKY NEWS AM AGENDA
MONDAY, 7 MAY 2018
SUBJECTS: Budget 2018-19.
KIERAN GILBERT: With me now the Shadow Assistant Treasurer Andrew Leigh. What’s your reaction to this formalising that rule? It’s put Labor in a tough position.
ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Kieran, you can understand why the Government switched to talking about tax-to-GDP ratios, because when they were telling the Australian people they were going to take $17 billion out of our schools and give it to the big banks, that wasn’t very popular. But frankly, it’s the same argument.
GILBERT: How is it the same argument? In the sense that you’re going to be well over that 23.9 per cent cap which just a couple of years ago Mr Bowen said was a good idea – in fact he said lower, 23.7 per cent as a cap of tax as part of the economy. As an economist, do you recognise that you can’t let that get out of control?
LEIGH: There’s no hard economics that tells you that you need to have an arbitrary tax-to-GDP ratio. We put in place the National Disability Insurance Scheme and Australians were happy to pay a bit more tax in order to create that new social support pillar. But it’s also about how you raise the revenue. The Coalition’s tax-to-GDP ratio is effectively going to be used as their excuse for not cracking down on multinational tax loopholes and giving massive handouts to banks. It’ll be their excuse for running razor thin surpluses rather than the strong budget surpluses they were promising just a couple of years ago.
GILBERT: We don’t know yet, obviously we have to wait until we see the numbers tomorrow, but from the looks of it the revenue has been coming in very strongly the numbers a lot stronger than I think many people would have anticipated. So those razor thin surpluses might not eventuate as you warn and as Mr Bowen warns.
LEIGH: But Kieran, it’s a fundamental principal of economics that you shouldn’t make permanent decisions based on temporary changes in revenue. This is one of the real problems of the Howard Government, that they locked in unsustainable long term budget decisions based on the first wave of the mining boom.
Read moreNo excuses left on tampon tax - Op Ed, The Canberra Times
No excuses left on tampon tax
The Canberra Times, 7 May 2018
A tax on tampons and sanitary pads is a tax on women. But when our GST laws were written in 1999, they were mostly drafted by male public servants, reporting to a male-dominated cabinet, in an overwhelmingly male parliament.
As a result, tampons and pads were subject to a 10 percent GST. Yet incontinence pads, sunscreen and nicotine patches – even Viagra – are exempt from the tax.
In the nearly two decades since the GST has been in operation, this decision has come to seem stranger and stranger - and our state and territory leaders agree.
Scott Morrison’s go to excuse for his lack of action - blaming the states and territories - has all but dissolved with Labor leaders across the country backing in an axing of the tax.
Read moreState and territory Labor leaders sign up to axe tampon tax - Media Release
BILL SHORTEN, LEADER OF THE OPPOSITION
TANYA PLIBERSEK, SHADOW MINISTER FOR WOMEN
CHRIS BOWEN, SHADOW TREASURER
CATHERINE KING, SHADOW MINISTER FOR HEALTH AND MEDICARE
ANDREW LEIGH, SHADOW ASSISTANT TREASURER
STATE & TERRITORY LABOR LEADERS SIGN UP TO SCRAP “TAMPON TAX”
Labor leaders in every state and territory have signed up to Federal Labor’s plan to remove the GST on women’s sanitary products.
Less than a week after it was announced, the plan has received support from the Premiers of Victoria, Queensland and WA, the Chief Ministers of the ACT and the NT, and Labor leaders in NSW, SA and Tasmania. The leaders wrote to Bill Shorten in recent days.
For the first time there is agreement from leaders in every state and territory that this unfair tax on women has to go.
SloMo misleading on tampon tax - Media Release
TANYA PLIBERSEK, SHADOW MINISTER FOR WOMEN
CHRIS BOWEN, SHADOW TREASURER
ANDREW LEIGH, SHADOW ASSISTANT TREASURER
SLOMO MISLEADING ON TAMPON TAX, IT’S NOT A ‘SILLY ISSUE’
Scott Morrison was his normal charming and angry self today, refusing to engage on Labor’s proposal to scrap the GST on tampons.
Time’s up on this issue. It’s not only a tax on women, but it’s a tax that shouldn’t have been applied in the first place – there is no question that sanitary products are not a luxury item.
Australian women spend around $300 million on tampons and pads each year, including around $30 million in tax.
Mr Morrison pretending to hide behind Gladys Berejiklian on this issue is ridiculous.
The Abbott and Turnbull Governments have had a number of opportunities now to make the case to states and territories that additional GST revenue will be made available while removing the unfair tax on women’s sanitary products, but have failed each and every time.
Read moreLiberals pay others to listen to the community and still don’t get the message - Media Release
LIBERALS PAY OTHERS TO LISTEN TO THE COMMUNITY – AND STILL DON’T GET THE MESSAGE
The Turnbull Government has been caught out wasting almost half a million dollars on focus groups less than a week out from the budget.
A report today detailed government tenders for two lots of market research totalling $446,850. That’s money which could be better used by schools and hospitals to provide the services Australians deserve.
Only Malcolm Turnbull would need a taxpayer funded focus group to tell him what’s fair and unfair.
They don’t need to waste hundreds of thousands of dollars on market research when the message has been clear for a long time – voters want to see their tax dollars spent on Medicare, hospitals, schools and pensions, not multi-billion dollar handouts to the big end of town.
Read moreLaunch of Hugh Mackay, ‘Australia Reimagined’ - Transcript
LAUNCH OF HUGH MACKAY, ‘AUSTRALIA REIMAGINED’
AUSTRALIAN NATIONAL UNIVERSITY, CANBERRA
TUESDAY, 1 MAY 2018
In 2004, with three co-authors, I wrote a book called Imagining Australia. It took four of us two years. By contrast, it took Hugh just a single year to write Australia Reimagined. That makes him at least eight times more productive than me. Between his non-fiction books and his novels, Hugh Mackay has now produced a total of 19 books.
However, Hugh Mackay warns on page 100 that our culture has become one of ‘endless praise’. So naturally, I should start with my criticisms!
Hugh writes about the challenge of smart phone addiction. I’ve glanced around the room this evening and I’ve seen a few of you on your smart phones. I’m worried that this evening has only worsened the smart phone addiction. He’s written about ‘nature deficit disorder’ and, indeed, not a blade of grass in the room. I fear nature deficit disorder has only gotten worse this evening. He’s written about the importance of politicians stepping down after either one term or two because people would have clearly made their substantial contribution within their first two terms. Yet here you are, being forced to listen to a politician in his third term! I apologise profusely for this. Hugh has said that he wants us to become a less anxious society. I don’t know about you, but I certainly felt at certain points this evening, I was feeling a little more anxious about Australia.
Read moreParramatta Reconnected forum a success - Media Release
ANDREW LEIGH, SHADOW MINISTER FOR CHARITIES AND NOT-FOR-PROFITS
JULIE OWENS, FEDERAL MEMBER FOR PARRAMATTA
PARRAMATTA RECONNECTED FORUM A SUCCESS
Today, we held a successful ‘Reconnected’ roundtable with Western Sydney charities and not-for-profits, exchanging ideas to boost social capital and community engagement.
While the Turnbull Government is working in Parliament to stifle the voice of our charities, we’re listening to charities to hear how we can ensure our communities have stronger bonds and louder voices.
Over the course of the last generation, we’ve seen some worrying trends. Australians are less likely to join community organisations or play organised sports. We’ve seen troubling drop-offs in volunteering rates and donation rates in recent years.
These are the trends Labor is trying to reverse as we hear from charities and organisations about what they’re doing to foster community spirit and build social capital at a local level.
Read moreMistakenly Seeking Solitude - OpEd, The Chronicle
Mistakenly Seeking Solitude
The Chronicle, 1 May 2018
On the count of three, Albert Hall suddenly echoed with a hundred new citizens saying together ‘Namaste’, ‘Ni Hau’, ‘Hola’, and ‘G’day’. Then we immediately laughed at the way we’d mispronounced each other’s greetings – particularly the Irish woman who’d just taught me to say ‘céad míle fáilte’ (‘a hundred thousand welcomes’).
Speaking at citizenship ceremonies is one of my favourite parts of being a federal member of parliament. To illustrate the point that each new citizen brings something valuable to Australia, I often ask them to take a single minute to teach a stranger how to say hello in their language or accent.
Read moreBig company tax cuts reward the banks and offshore shareholders - OpEd, Sydney Morning Herald
CHRIS BOWEN, SHADOW TREASURER
ANDREW LEIGH, SHADOW ASSISTANT TREASURER
Big company tax cuts reward the banks and offshore shareholders
The Sydney Morning Herald, 1 May 2018
Sometimes, what people say in private can be different from what they say in public. A report last month reported on a confidential survey of businesses, which asked them whether a corporate tax cut for the big end of town would improve their business prospects.
If you’d been listening to the Turnbull Government spin, you’d think that every company would favour a tax cut. But only half of the companies in the poll said that a tax cut would better secure their businesses prospects.
What would they do with a tax cut if they got one? Again, the Liberal spin would have you thinking more jobs and fatter pay packets. But managers said that a tax cut would be more likely to go to buying machines and paying down corporate debt. Only 7 percent of firms said that they would grow employment. Just 4 percent said they would increase wages.
Read moreLabor leading the way with positive policies - Transcript, ABC National Wrap
E&OE TRANSCRIPT
TELEVISION INTERVIEW
ABC NATIONAL WRAP
SUNDAY, 29 APRIL 2018
SUBJECTS: Tampon tax, Banking Royal Commission, Malcolm Turnbull’s $13 billion handout to big banks, the Turnbull Government’s Medicare backflip, immigration, Michael Sukkar’s ‘termite’ comments.
PATRICIA KARVELAS: Labor’s Shadow Assistant Treasurer Dr Andrew Leigh and Assistant Treasurer Michael Sukkar join me now, Welcome to National Wrap.
ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Great to be with you, PK
MICHAEL SUKKAR: Thanks, Patricia.
KARVELAS: Under Labor’s proposal, Michael, that was announced today tampons and women’s sanitary products will no longer be taxed. Why doesn’t the government move in this direction as well, given these products are a necessity?
SUKKAR: Well, Patricia, under the intergovernmental agreement, it requires any change to the base or rate of the GST requires the consent of all of the states and territories including the Commonwealth and as recently as 2015 we took this to the Council of Financial Relations – essentially the Treasurers COAG – we put it forward in 2015, the states and territories couldn’t agree to it and since then none of the territories or states have raised it. The announcement from Labor today was meaningless without a signed piece of paper from every state and territory saying they supported this. Because without their support, it doesn’t change.
KARVELAS: So, Andrew, is that right? Do you have their support?
LEIGH: Patricia, there’s a simple reason Joe Hockey couldn’t get this done in 2015 and that’s because he couldn’t find an offset source of revenue. What we’ve done today – and it’s a real credit to Catherine King, Chris Bowen, Tanya Plibersek and Bill Shorten – is to identify natural therapies not supported by clinical evidence and under a bipartisan policy not supported by the private health insurance rebate and say we would put the GST onto those natural therapies and as a result provide the additional revenue. Indeed, over the decade we’re providing the states with more revenue from the natural therapies decision than from the tampon tax. But it’s the kind of positive policy you can expect to be coming out of a party that is now 48 per cent women.
Read more