Australia politics live: Anthony Albanese says tax reforms ‘make system fairer’ and backs Paul Hogan on Pauline Hanson | Australia news
Albanese says housing reforms are about making the system ‘fairer’ for young people
Caitlin Cassidy
The Prime Minister said he “does not want to live in a society defined by intergenerational inequality” after clearance rates fell below 50% in most major capitals following the government’s housing reforms.
Appearing on ABC’s 7.30 program on Monday evening Anthony Albanese Criticisms that the post-budget house price collapse is evidence Labor went down the wrong path in enacting tax changes have been pushed back:
The point is, when people went to buy their own homes last Saturday… they weren’t competing against investors who knew that if they could bid an extra $20,000 or $50,000, taxpayers would subsidize it with increased deductions.
Albanese reiterated that the housing system is “collapsed” and pointed out the Treasury’s predictions that house prices will continue to increase by a lesser amount. Major banks have said prices will remain stable or fall only slightly through 2026.
He said:
This is about making the system fairer… We know there has been a 400% increase in house prices since 1999; That’s more than double wages, and that’s why we couldn’t just sit back and continue without implementing this reform… We’ve seen homeownership rates for young Australians falling. And I don’t want to live in a society defined by intergenerational inequality.”
Greg Jericho He provided some interesting analysis on house prices and whether concerns about falling prices are justified:
important events
Chalmers will not commit to providing pensions to workers under 18
Jim Chalmers They will not heed calls from advocates including the Australian Council of Trade Unions and the Greens to guarantee superannuation payments to workers under 18.
Currently, according to the law, people under the age of 18 can only receive a pension if they work more than 30 hours a week.
Chalmers told ABC News Breakfast that the government had been talking to young people about the issue but the government’s priority at the moment was payday pensions; These are new rules that will come into force tomorrow and will force employers to pay pensions at the same time as wages.
This is a really important issue. In fact, last week I met with a delegation of young workers about this issue. We’re always looking for ways to strengthen the retirement system to serve more workers.
Chalmers was asked twice whether all workers under 18 should receive pensions. He said the government was open to further change but would not make any promises or give us a timetable.
We have stated our desire to continue to engage with young people, with unions, with super-sector sectors, but what might be the next changes? The focus for us is payday, which is super because it’s coming from tomorrow.
Fuel prices will increase (slightly) tomorrow
In response to the fuel crisis and war in the Middle East, the government has halved the fuel tax, which ends tomorrow; This saved drivers approximately 26 cents per liter.
However, at the beginning of this month, the government extended this period for another month, but cut the full price of gasoline by 16 cents per liter instead of 26 cents; Therefore, prices will rise slightly.
In response, the government told the consumer price watchdog to make sure petrol retailers don’t cut corners.
Speaking to ABC News Breakfast, the treasurer said: Jim ChalmersThe extension will provide further relief in the cost of living.
This is a really important warning from the ACCC because we want to make sure every penny of the government’s fuel excise cuts is passed on to drivers who need that extra help.
It’s really great to see that petrol and diesel prices have dropped significantly in recent months. In fact, we think that for the first time this week, both gasoline and diesel are cheaper than before the war in the Middle East. But people are still under pressure. Therefore, we are extending the fuel price reduction and the gasoline and diesel tax reduction for another month at a reduced rate.
Krishani Dhanji
Good morning, Krishani Dhanji we are here with you, thank you Martin Farrer for starting us!
It’s going to be another busy day in Parliament, with the winter recess just a few days away.
Jim Chalmers He drew the short (or long, depending on where you stand) straw and is making the media rounds this morning. Despite a small rise in the polls yesterday, the government is still working overtime to sell its budget and tax changes passed late last week.
I got my coffee, I hope you did too, let’s hang out.
Happy last day of the financial year to those celebrating it.
For reasons best known to accountants, tomorrow is the day when a raft of legal changes will come into effect: minimum wage increases, salary advances, adjustments to parental leave and much more.
We’ve prepared a handy summary of them all for you:
Tom McIlroy
Australia’s relationship with Asia ‘faces existential crisis’
Anthony Albanese Special Representative for the Indian Ocean Labor Party MP Tim WattsHe says Australia faces a serious risk by not engaging more with its key Asian neighbours.
In a new parliamentary report, Watts warned that schools, universities and businesses were not building sufficient understanding of Asian culture, languages and history, despite skills now being a “vital sovereignty capability” for the region.
It paints a worrying picture. Enrollments in Southeast Asian languages at Australian universities have fallen by 75% since 2005; Only about 500 students study Indonesian in the country. In 2023, only 3.3% of 12th graders received priority Asian language instruction.
The report warns that the size of Australia’s diplomatic and think tank population is insufficient for independent foreign policy, while the current capacity of Asia experts is described as the product of investments made a generation ago. Similar investments are not made by current governments.
“Developing Asian capacity in Australia requires sustainable national policy focus over the long term,” Watts says.
The fruits of these efforts and the costs of inaction were not realized in a single election cycle. Asian capacity has always been too difficult to handle today and too easy to leave to a future government.
The report calls for a new 10-year national Asia talent strategy, a network of “leading schools” and renewed investment in immersion experiences and higher education courses.
‘Paul Hogan did it,’ says Albanese, praising actor’s One Nation critique
Caitlin Cassidy
The Prime Minister also used his 7.30am appearance to counter. Pauline Hanson Advocating and calling for a “monocultural” society by defining multiculturalism as “who we are as Australians” Paul Hogan After the veteran actor called the One Nation leader a “pelican”.
As many politicians have been pressed by journalists since Hanson’s speech at the National Press Club, Albanese was asked (with varying levels of proficiency) to define multiculturalism. Andrew Hastie called it “extreme” and a “politically charged word”).
Hanson used Hogan as a representative of the “monocultural” Australia he wanted to see return, but the actor dismissed him as “living in the past” and said “we’re all immigrants”. Albanez said:
This is who we are as Australians and I thought Paul Hogan He achieved this today too. We have never been a monocultural society… We are by nature a multicultural, modern country. This means we respect each other.
Albanese is also asked about support for One Nation, which has fallen in a recent poll but still hovers around 30%. Asked why so many Australians believe Labor “doesn’t understand them”, he said:
My duty is to represent national interests. This is what I do to respect every voter… Pauline Hanson has had a long political career. However, we have witnessed the rise of populist right-wing parties in the western world.
Albanese said it was something that reflected “a number of frustrations” but that the government was “primarily” focused on addressing cost of living pressures.
Albanese says housing reforms are about making the system ‘fairer’ for young people
Caitlin Cassidy
The Prime Minister said he “does not want to live in a society defined by intergenerational inequality” after clearance rates fell below 50% in most major capitals following the government’s housing reforms.
Appearing on ABC’s 7.30 program on Monday evening Anthony Albanese Criticisms that the post-budget house price collapse is evidence Labor went down the wrong path in enacting tax changes have been pushed back:
The point is, when people went to buy their own homes last Saturday… they weren’t competing against investors who knew that if they could bid an extra $20,000 or $50,000, taxpayers would subsidize it with increased deductions.
Albanese reiterated that the housing system is “collapsed” and pointed out the Treasury’s predictions that house prices will continue to increase by a lesser amount. Major banks have said prices will remain stable or fall only slightly through 2026.
He said:
This is about making the system fairer… We know there has been a 400% increase in house prices since 1999; That’s more than double wages, and that’s why we couldn’t just sit back and continue without implementing this reform… We’ve seen homeownership rates for young Australians falling. And I don’t want to live in a society defined by intergenerational inequality.”
Greg Jericho He provided some interesting analysis on house prices and whether concerns about falling prices are justified:
Welcome
Good morning and welcome to our live politics blog as the final week of parliament approaches before the winter break. I Martin Farrer with the best night stories and then it will be Krishani Dhanji with the main action.
Anthony Albanese At 7.30pm last night he defended the government’s housing reforms, saying he did not want to live in a country defined by generational inequality. More is coming.
He also praised Paul Hogan for pushing back Pauline Hanson The Prime Minister attacked multiculturalism, saying the actor had “made it”. More is coming.
