Andrew Leigh

UNTESTED TAX BILL NEEDS PROPER REVIEW

Scott Morrison should commit to a formal review of the Multinational Tax Bill by 2018, as recommended by the Senate Economics Committee this evening.

The committee’s report reflects Labor’s reservations about the Government’s untested approach to tackling multinational profit shifting.

It recommends the Bill be evaluated within three years of its 2016 start-date to determine whether it has successfully stopped companies siphoning profits offshore. 

With Treasury unable to say how much revenue the Government’s plan might return to Australia, and no other country having successfully implemented Australia’s approach, it is right that the tax Bill should be subject to serious evaluation in the future.

The Indian Festival of Lights 

9 November 2015

Diwali, the Indian Festival of Lights, is the most widely celebrated festival of the people from the Indian subcontinent and across the whole world. Diwali means 'rows of lights', and it is the festival symbolising victory of good over evil, light over darkness and knowledge over ignorance. Historically, Diwali commemorates the return of Lord Rama to his kingdom after an absence of 14 years.

To celebrate the event, Lord Rama's people put out little lanterns to illuminate his homecoming. Now, in recognition of this special time of the year, homes are decorated with candles, clay lamps, fairy lights and rangolis—intricate handmade artwork designs in colourful powder. The Festival of Lights is a joyful occasion of hospitality, community and generosity, marked with an exchange of decorative and enticing Indian sweets.

E&OE TRANSCRIPT

RADIO INTERVIEW

666 ABC CANBERRA

MONDAY, 9 NOVEMBER 2015

SUBJECT/S: Christmas Island; Liberals’ plan to raise the GST 

PHILIP CLARK: Parliament is back and I have Andrew Leigh, Labor member for Fraser, and Zed Seselja, Liberal Senator for the ACT, joining us now. Good morning gents. You're looking forward to it, can't wait, Andrew?

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: It just doesn't get better than this, Philip. We have the nation’s leaders coming to this great city in order to make this country better. 

CLARK: Exactly right. Can we talk first about Christmas Island, there is some pretty disturbing news this morning about what's going on there. Is this sustainable into the future, what do you think, Andrew?

LEIGH: I'm really concerned about what's coming out this morning, Philip. It's not obvious what has happened but it does again point to the need for better transparency for Australia's detention facilities. Labor has called for more openness and for better access by third parties to detention centres. We believe, for example, that there ought to be a Children's Commissioner in place who has an independent remit to look at issues in Australia's detention centres. 

New Innovations Switch Things Up

The Chronicle

3 November 2015

When Gutenberg’s printing press emerged in 1440, it transformed the world. Today, three-dimensional printing is threatening to do the same. From hobby parts to medical implants, 3D printers are transforming manufacturing.

But while the technology promises a great deal, a decent 3D printer remains expensive – which is where Canberra firm Made for Me comes in. By allowing printer owners to rent out time to users, Made for Me lets more people have access to 3D printing.

I met the Made for Me staff on a visit to the Canberra Innovation Network in the city. Home to dozens of new firms, the network is brim full of ideas. It also boasts Australia’s youngest entrepreneur (10 year old Will G), and best gender diversity (half of the firms in the accelerator program are run by women).

E&OE TRANSCRIPT

DOORSTOP INTERVIEW

PARLIAMENT HOUSE, CANBERRA

MONDAY, 9 NOVEMBER 2015 

SUBJECT/S: Liberals’ plan to increase the GST

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Good morning everyone. When it comes to tax reform, every problem for this Government seems to come back to the GST. It's said that to a man with a hammer, everything looks like a nail. For this Government, tax reform looks like raising or broadening the GST. The problem is, when you look at the big challenges Australia faces, the GST is exactly the wrong response.

If you look at inequality, which is now at a 75 year high, raising one of our most regressive taxes would hurt the most vulnerable. If you look at consumer confidence, it's very clear that with consumer confidence still fragile, jacking up the cost of spending could well do damage to the Australian economy. You've only got to look at Japan which raised its consumption tax and saw the economy slide into recession. If you look at the big challenge of housing affordability, it's very clear that putting the GST on mortgages as Dan Tehan has advocated today would just drive housing affordability further out of the reach of the typical household.

So whether it's inequality, consumer confidence or housing affordability, raising the GST is not the answer. And frankly, if you think that raising the GST to 15 per cent is the right answer for Australia, you're probably asking the wrong question.

E&OE TRANSCRIPT

RADIO INTERVIEW

ABC NEWS RADIO

FRIDAY, 6 NOVEMBER 2015

 

SUBJECT/S: GST and tax fairness.

 

MARIUS BENSON: Andrew Leigh, the Government is still only talking in broad terms about its objectives for tax reform but one objective is that it be fair. I imagine Labor shares that. But another one they've indicated is that there be no overall increase in the tax rate – does Labor share that view?

 

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Marius, we need to make sure that we have the tax base necessary in order to fund the services Australians demand. For example, we saw that when we put in place the National Disability Insurance Scheme that Australians, by and large, accepted that there would be an increase in the tax share to fund a new part of the social safety net. Because any of us could fall victim to a profound disability. So I don't think there's any magic about the tax rate, but tax reform should always be equitable, efficient and simple. I'm just not sure that the Government's plans for a higher GST meet those tests. 

TURNBULL DISCOVERS ‘FAIRNESS’, TWO YEARS TOO LATE

Malcolm Turnbull’s hypocrisy was writ large today when he talked about making changes to the tax system that are ‘fair’.

Australians know what Mr Turnbull’s definition of ‘fair’ is: he ‘unreservedly and wholeheartedly’ backed every measure in the Liberals’ 2014 Budget. 

Supporting a GP tax on the vulnerable, making students pay $100,000 for their degrees and taking over $6,000 from the pockets of families: was this ‘fair’ Mr Turnbull?

MALCOLM TURNBULL: I support unreservedly and wholeheartedly every element in the Budget. Every single one.

ALAN JONES: So you’re totally supportive of the Medicare co-payment?

MALCOLM TURNBULL: I support every element, of course, including the Medicare co-payment. Do you want to go through the whole list?

ALAN JONES: You’re totally supportive of the increase in the fuel excise?

MALCOLM TURNBULL: I support the re-prioritised funding of official development assistance. I support introducing co-payments for general practitioner pathology and diagnostic imaging services in the Medicare Benefits Schedule. I support the reforms to higher education. I support the changes to family payment reform. Do you want me to read through the whole Budget?

2GB – 5 June 2014

CLOSING THE INCOME GAP

2015 Economic and Social Outlook Conference

University of Melbourne

If you returned from work one day and found your home flooded by a gushing faucet, the first thing you’d do is turn off the tap. But once you’d stopped the water rising, could you then go about your evening as though nothing else was amiss? Only if you’re willing to overlook the rather pressing problem of everything you own being underwater.

That’s the approach some would have us take in response to the news that there has been a pause in the growing gap between the rich and the rest in Australia over the past few years. When the OECD released a report earlier this year showing that some measures of inequality had been stable in Australia between 2006 and 2012 – some newspaper columnists and political commentators welcomed this as a sign people like you and me should stop worrying about how much better Australia’s billionaires are doing than our battlers.

But to extend the analogy a little further: turning off the tap is not the same as draining out water. The fact that inequality has stopped rising for the moment does not mean that we’ve suddenly achieved an egalitarian idyll. Across the advanced world, Australia sits in the top third for our level of inequality.

E&OE TRANSCRIPT

DOORSTOP

CANBERRA

TUESDAY, 3 NOVEMBER 2015 

SUBJECT/S: Liberals Plan to Increase the GST; GST hit to Melbourne Cup; Labor Party

ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Thanks everyone for coming along today, my name’s Andrew Leigh, the Shadow Assistant Treasurer.  Australians we know are in many places doing it tough. The economy’s going through a rebalancing and many Australian families are working hard to make ends meet. So the last thing they need is a government that's looking to raise the GST or broaden its base.

Today with Melbourne Cup we know that the Government's plans for a high GST could well affect punters directly.  A higher GST might mean the GST increases the cost of bets or indeed it might mean that the GST applies on the entire bet rather than just on the bookie’s margin.

Frankly, we know that there's only one thing that Malcolm Turnbull's backing today and that's a rise in the GST.

Happy to take questions.

INDIGENOUS MARATHON PROJECT AND THE NEW YORK MARATHON

This coming Sunday, I will be running the New York Marathon along with this year’s Indigenous Marathon Project participants.

For Indigenous Marathon Project runners, this event marks the capstone of their training, which has covered leadership, health, and hundreds of kilometres of running.

The participants are an extraordinary group. Their life stories are inspiring, and I know that they will go on to make a positive difference in communities across Australia. I feel honoured to be running the race with them.