The Abbott Government released the ‘Agricultural Competitiveness White Paper: ‘Stronger Farmers, Stronger Economy’ on 4 July 2015, laying the foundation for a stronger agricultural sector to contribute to Australia’s economic growth.
The Government’s $4 billion investment aims to grow Australian Agriculture by reducing regulation, reforming taxation, increasing export market access and developing Northern Australia. The White Paper outlines the Government’s commitment to strengthen regional communities by supporting businesses to innovate, … Read more »
Treasurer Joe Hockey has delivered the Abbott Government’s second Budget.
In crafting the document, the Government has sought to carefully navigate a choppy economic and political environment. It has needed to heed lessons out of the 2014-15 Budget process, which the Senate and many in the community believed did not strike the right balance, cutting too hard and deep in order to reign in debt and the burgeoning deficit.
With … Read more »
Senator Christine Milne announced her resignation as Leader of the Australian Greens earlier today.
Senator Milne told colleagues that having decided not to contest the next federal election for another six year Senate term, she would step down as Leader immediately.
Having forged a career in public life spanning almost three decades, Senator Milne leaves a legacy as an experienced and respected environmental and community activist.
A former High School … Read more »
The final report of the Competition Policy Review was delivered to the Government late yesterday, and released publicly for consultation.
The Review, conducted by Professor Ian Harper, along with Michael O’Bryan QC, Su McCluskey and Peter Anderson, has made 56 recommendations, across three key themes: competition policy, competition law and institutions.
The Review found that unfinished business remains from the original National Competition Policy (NCP) agenda, and new areas have … Read more »
Treasurer Joe Hockey has released the Abbott Government’s tax discussion paper, ‘Re:Think’, as part of what will become an ongoing process designed to produce a comprehensive plan on how to improve the tax system before the next election.
The paper is designed to stimulate debate to inform a tax reform Green Paper later this year and a White Paper next year.
One of the headline reform areas for discussion is … Read more »
The Government has released the 2015 Intergenerational Report on how current, historical and proposed policy drivers would shape Australia over the next 40 years.
Intergenerational Reports are produced every five years to assess the long-term sustainability of current Government policies and how changes to Australia’s population size and age profile may impact on economic growth, workforce and public finances.
In releasing the fourth Intergenerational Report today, Treasurer Joe Hockey presented … Read more »
On Saturday 14 February 2015, Queensland Labor leader Annastacia Palaszczuk was sworn in as the state’s 39th Premier, after the Electoral Commission of Queensland formally declared the results for all seats.
At final count, Labor won 30 of 40 Greater Brisbane seats, seven of 12 Central Coast seats, and seven of eight North Queensland seats; a total of 44 seats. Independent MP Peter Wellington pledged his support to Palaszczuk, allowing … Read more »
The Abbott Government delivered on one of its key election promises today, introducing new rules for the purchase of agricultural land by foreign investors.
From 1 March 2015, the Foreign Investment Review Board will begin screening foreign purchases of agricultural land valued at $15 million or more, down from the current threshold of $252 million. The lower threshold will also apply to the cumulative value of land owned by the … Read more »
In the lead up to the return of the Federal Parliament in Canberra next week, this week saw Prime Minister Tony Abbott deliver his second National Press Club address as Prime Minister.
The Prime Minister’s address expressed the Government’s agenda for 2015, focusing on a number of key policy platforms: national security, economic management, parental leave payments and small business policy.
The Prime Minister announced that, notwithstanding the … Read more »
Premier Campbell Newman today announced an early election, with Queenslanders set to make a judgment on his Government on Saturday, 31 January 2015.
The Liberal National Party (LNP) swept to power in March 2012, winning 78 of the Parliament’s 89 seats. With a swing of 15.8 per cent, it achieved the largest parliamentary majority in modern Australian political history.
But with 25 days until polling day, the latest published opinion … Read more »