Andrew Leigh

LABOR’S NATIONAL SHARING ECONOMY PRINCIPLES

Joint Media Release with Leader of the Opposition Bill Shorten

Labor has today announced our plan to embrace the sharing economy and see all Australians share its benefits. 

New services like Airbnb, AirTasker, Camplify and GoGet are changing the way Australians buy and sell things. They are also changing how we think about work and the line between private property and public goods.

There is huge economic and community potential in this emerging peer-to-peer market. 

Australia must embrace it, while ensuring we have the right rules in place to protect workers, consumers and the public good.

Labor’s plan is based on six principles. 

Principles for a Sharing Economy

House of Representatives

22 October 2015

Ahead of an AFL game at the MCG, Michael Nuciforo and Robert Crocitti were driving around East Melbourne looking for a place to park. As they put it:

As we drove past parked car, after parked car, after empty space that required a parking permit … It then hit us. Wouldn't it be great if we could just knock on someone's door and ask to park at their place for a small fee? … The more we thought about it, the more it made sense … We don't need more parking spaces, we just need to utilise the parking spaces we already have.

Parkhound is one of the many sharing economy services that have emerged in Australia over recent years. Uber, Lyft and Sidecar are transforming transport for many Australians and offer the potential of dealing with traffic congestion. Victorian freeway speeds have dropped from 68 kilometres an hour to 45 kilometres an hour over the last decade as our roads have become increasingly choked. 

Customs Amendment (China-Australia Free Trade Agreement Implementation) Bill 2015, Customs Tariff Amendment (China-Australia Free Trade Agreement Implementation) Bill 2015

House of Representatives

22 October 2015

I sometimes wonder how Australia's founding fathers would regard debates in this place were they to know that we would be sitting here with both sides of the parliament supporting trade liberalisation and supporting better engagement with China. Indeed, at the very moment this debate is taking place, the Queen of England is hosting Xi Jinping for a state dinner in London.

Federation was founded around a protectionist settlement. That protectionist settlement was one with which the Country Party and the Labor Party were agreed. As late as 1948 Labor Prime Minister Ben Chifley told parliament: 'If the matter had been left to us, we should not have initiated a conference to discuss the lowering of world tariff barriers.'

Belconnen Magpies

House of Representatives

22 October 2015 

For five years now, I have been a patron of the Belconnen Magpies Aussie Rules football club. It is a club with a proud history—originally known as Turner Football Club, then the Bees and then the Blues. Then, after its merger with the West Canberra Football Club, it became the Belconnen Magpies in 1987 and moved to its headquarters in Kippax in 1991.

Although I have not gotten to as many games as I would like to this year, I did get out to 'The Nest' at Kippax to see the Magpies' convincing 118-35 victory against the Ainslie Tricolours on 29 August. The ACT AFL competition grand final was held on 19 September. Playing in both the first and second grade matches were, of course, the Magpies. Alas—despite a thrilling semifinal victory against Tuggeranong on 5 September—the first grade side was narrowly upset by Queanbeyan, 95-71. The Magpies second grade team also fought to the end, but ultimately went down to Tuggeranong 87-39.

Constituency Statement 

Federation Chamber 

19 October 2015

It was my great pleasure last Thursday night to attend not one but two innovation events in the ACT. In Braddon, just across the road from my electorate office, The Studio Braddon is opening—a bright, beautiful and bold space hosted by Maylee Thavat which provides working opportunities for NGOs, for innovative businesses and for women returning to work. The Studio benefits from getting the National Broadband Network, but, alas, my electorate office, a stone's throw away, does not. It is again a testament to the great benefits that the National Broadband Network is bringing to Australia. The Studio Braddon complements a similar space that exists in O'Connor.

I also had the pleasure of speaking at the 10th anniversary of Capital Angels, an ACT based network of 'angel' investors, who talked about many of the important start-ups here in the ideas city. I would like to acknowledge Michele Troni, Nick McNaughton, Stephen Hardy, Ian Cox, Doug Stuart, Keith Ayotte, Bob Quodling, Uwe Boettcher and the indefatigable Anna Pino for their support of innovative businesses here in Canberra.

Canberra is not just the national capital but also the social capital and the creative capital of Australia, and it was terrific to be inspired by those two groups of innovators last Thursday.

Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015

House of Representatives

19 October 2015

I move the second reading amendment which has been circulated in my name:

That all the words after "That" be omitted with a view to substituting the following words:

"while not declining to give the bill a second reading, the House notes that its revenue impact is unquantified, and calls on the Government to adopt Labor's fully-costed multinational tax package to raise $7.2 billion over the next decade".

Labor's position is to support the Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015. Labor has been calling for more action on multinational taxation for over two years and we will not be standing in the way of significant action on multinational taxation—or even insignificant action, which may well be what this bill being debated before the House is. We are taking a constructive position on this and we are willing to work with those opposite. We hope that, in return, the hand of constructive bipartisanship might be returned, and the government might look seriously at Labor's $7.2 billion package tackling a different set of loopholes from those addressed in this bill.

Superannuation Legislation Amendment (Trustee Governance) Bill 2015

House of Representatives

20 October 2015

Labor's position is to oppose the Superannuation Legislation Amendment (Trustee Governance) Bill 2015, as previous opposition speakers have noted. The government is proposing to end more than two decades of successful joint governance by employer and employee nominated fund directors and instead force boards to take on both an independent chair and one-third independent directors. It is passing strange that a so-called 'liberal party' is seeking to mandate how independent investment funds structure their activity.

It is clear, as I will outline in my speech, that the effect of the government's proposals would be to increase administrative costs for funds and thereby drive down member returns. Perhaps we should not be surprised that a so-called 'liberal party' that opposes the use of markets in tackling climate change is again wanting additional red tape when it comes to Australia's superannuation funds. The Mckell Institute has nicely summarised the government's bizarre motivations on the issue by asking: 'When a system is working better than the alternative, why tamper with it?' Alas, I am concerned that this is being driven by ideology and not by evidence.

E&OE TRANSCRIPT

TV INTERVIEW

SKY AM AGENDA

MONDAY, 19 OCTOBER 2015

SUBJECT/S: Polls; Multinational tax; China Australia Free Trade Agreement; Tax transparency; Australian Building and Construction Commission.

KIERAN GILBERT: This is AM Agenda, with me now is the Shadow Assistant Treasurer, Andrew Leigh. Good to see you. I know you don't like talking about polls that much; you never have. But this one is pretty clear in terms of every category: in terms of the leadership attributes, the primary vote, the two-party vote, the preferred Prime Minister. It's all showing that people are quite pleased to have Mr Turnbull in the top job. 

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Yes, Kieran. I don't like talking about polls mainly because it takes us away from the deeper conversations about issues and ideas that I know you care about as well. I think what this shows is that Malcolm Turnbull has been campaigning as a Labor member on the streets: he's been talking about the issues of cities; and about start-ups, which Labor has been on about for years. The problem is that when he gets to the Parliament, he still votes like a Liberal. He still votes for tax secrecy rather than tax transparency; he doesn't seem to have any proposals on multinational tax that raise any money and we're yet to see anything constructive to tackle inequality in the tax system. 

E&OE TRANSCRIPT

RADIO INTERVIEW

ABC NEWS RADIO

MONDAY, 19 OCTOBER 2015

SUBJECT/S: Multinational tax; Superannuation; Malcolm Turnbull’s Cayman Island portfolio; Polls.

MARIUS BENSON: Andrew Leigh, good morning.

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Good morning, Marius.

BENSON: You are backing these measures by the Government to crack down on multinational tax avoidance although you say yourself that you're a bit underwhelmed by them?

LEIGH: Well that's what the Budget says Marius. The Budget estimate of the amount of revenue that this package will raise is basically zero. There's a set of asterisks there in the Budget Papers where revenue estimates should be, so the Government isn't particularly confident about this adding to the Budget bottom line. But to the extent that they're committed to closing loopholes, we're committed to support that in the spirit of bipartisanship. We hope that in return, they'll take a look at Labor’s $7 billion package which has been costed, which does raise revenue and which closes a different set of loopholes than the Government's package focuses on. 

E&OE TRANSCRIPT

DOORSTOP INTERVIEW

PARLIAMENT HOUSE, CANBERRA

MONDAY, 19 OCTOBER 2015

SUBJECT/S: Multinational tax; Tax transparency; Polls; Somali asylum-seeker case.

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Today, the Government is going to be bringing into the Parliament its multinational tax Bill. This is a widely expected event; the multinational tax Bill was announced in the Budget. Unfortunately, according to the Government's own estimates, it doesn't raise any revenue. Where there should be significant revenue estimates, there's just a series of asterisks on p.14 of the Budget papers.

Labor will be supporting the Government's multinational tax Bill because we think any efforts to crack down on multinational tax avoidance are worthwhile. But we'd also urge the Government to look again at Labor's package, which raises $7.2 billion over the next decade; has been costed by the Parliamentary Budget Office; is inspired by work done at the OECD; and which tackles a different loophole from the one the Government is focusing on. I'm also very disappointed that last week the Government snuck through the Senate measures to reduce tax transparency. The last thing we need at the moment, when we're having a conversation about how to get multinationals to pay more tax, is to be putting up the secrecy shutters. But that's exactly what the Government did last Thursday. Happy to take questions.