Competition Review - Press Conference


SUBJECTS: Intergenerational Report, superannuation, Competition Review, productivity, company profits, inflation, tax reform, Qatar Airways, referendum on the Voice, China.

JIM CHALMERS, TREASURER: I'm really pleased to be here with Andrew Leigh, the Assistant Minister in the Treasury portfolio, to make an announcement today about competition policy. But before I hand you over to Andy, I wanted to say a few things about the IGR tomorrow, and really the connection between what we're talking about today, the context of superannuation and competition policy, and what that means for the type of economy that we want to build into the future.

The Intergenerational Report will be an important opportunity for Australians to understand where the country is headed, and how we position ourselves to make our people the major beneficiaries of change, rather than victims of that change. The IGR is all about how we maximise our advantages in a world of churn and change. And one of the big advantages that we have is our superannuation system. And I think quite a stunning fact that you'll see in the Intergenerational Report is that we expect the number of people of retirement age to double, at the same time as Commonwealth spending on the pension defines as a share of GDP. A lot of countries have got ageing populations, not many have been able to provide the kinds of retirement incomes which takes such pressure off pensions. Spending on the Age Pension and Service Pension will go down from about 2.3 per cent of the economy last year, to around 2 per cent at the end of the IGR period. That's an absolutely stunning outcome when you consider the ageing of our population. So the number of people of retirement age doubling over that period, at the same time as the amount of people on the pension down by 15 percentage points and spending on the pension declining because more people have access to a dignified retirement. This is the intergenerational genius of superannuation at work - providing decent retirement incomes for people at the same time as we take the pressure off the pension. This is obviously one of the things that we can be incredibly proud of in the Intergenerational Report that I release tomorrow in Canberra at the National Press Club.

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A More Dynamic and Competitive Economy - Joint Media Release

Joint media release with
The Hon Jim Chalmers


The Albanese Government is undertaking a review of competition policy settings to help build a more dynamic and productive economy. 

Greater competition is critical for lifting dynamism, productivity and wages growth, putting downward pressure on prices and delivering more choice for Australians dealing with cost-of-living pressures.

Australia’s productivity growth has slowed over the past decade, and reduced competition has contributed to this – with evidence of increased market concentration, a rise in markups and a reduction in dynamism across many parts of the economy.

We need to ensure our competition policy settings are fit for purpose in the face of the big shifts underway in our economy, so we can make the most of digitalisation, the growth in services, the net zero transformation, while supporting our nation’s most vulnerable.

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Diary Manager - Office of Dr Andrew Leigh

Diary Manager - Office of Dr Andrew Leigh

I’m looking for a full-time executive assistant to join my team, working across both my Parliament House and Gungahlin electorate offices. Women and people from minority ethnic groups are traditionally underrepresented in politics, and are especially encouraged to apply.

The position will involve managing and coordinating my diary and acting as a first point of contact in my Parliamentary office. A typical day involves handling incoming invitations, organising my schedule and travel arrangements and making sure they run smoothly, and engaging with stakeholders and members of the public contacting the office.

But it’s not just logistics and people management - as a government office, we’re focused on using our time and energy in the best way possible to advance the priorities of the government and get great outcomes for our ministerial and electorate constituencies.

If you’re cheerful and resourceful and relish the challenge of juggling changing priorities in a busy environment, you’d be a good fit.

If you want to know more about our values and the activities of the office, look to the Principles of Politics at the bottom of this post, check out our social media (Facebook, Instagram, Youtube and Twitter) or our website,

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Building Community and Building Evidence: 15 Years of the Centre for Social Impact - Speech

Building Community and Building Evidence: 15 Years of the Centre For Social Impact
Centre for Social Impact, Sydney
Wednesday, 16 August 2023

Social Mobility

I acknowledge the Gadigal people as traditional custodians of the land, and pay my respects to their Elders past and present.

I commit myself, as a member of the Albanese Government, to the implementation of the Uluru Statement from the Heart, including a constitutionally enshrined Voice to Parliament.

It doesn’t matter who you talk to across the political spectrum almost everyone believes in a society where a child’s outcomes aren’t predestined from birth.

As A.B. ‘Banjo’ Paterson wrote in his poem ‘Boots’:

They called us ‘mad Australians’;
they couldn’t understand
How officers and men could fraternise

The poem captures Australia’s fundamentally egalitarian ideals. We prefer the word ‘mate’ to the word ‘sir’. We’re likely to think of ourselves as more country pub than country club.

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Data and Evaluation: A Match Made in Policy Heaven - Speech

Data and Evaluation: A Match Made in Policy Heaven
Data for Policy Summit, Canberra
Tuesday, 15 August 2023

I acknowledge the Ngunnawal people as traditional custodians of the ACT and recognise any other people or families with connection to the lands and region.

I acknowledge and respect their continuing culture and the contribution they make to the life of this city and this region.

I commit myself, as a member of the Albanese Government, to the implementation in full of the Uluru Statement from the Heart, including a constitutionally enshrined Voice to Parliament.

Thank you to Life Course Centre for hosting today’s Summit and thank you for focusing your efforts on the causes of disadvantage in Australia.

Name a better duo is a popular social media caption.

I could name Caitlin Foord and Hayley Raso but the entire Matildas squad is star studded.

I could name Canberra and Spring as a world-class combination, but the allergy sufferers may beg to differ.

So, today I’m going to break the internet and name data and evaluation as the most dynamic duo.

They’re a match made in policy heaven.

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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?

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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?

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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.

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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.


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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. 

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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.