Media Room

2014-15 Mid-Year Economic Fiscal Outlook (MYEFO)

The Treasurer, the Hon. Joe Hockey MP, and the Minister for Finance, Senator the Hon. Mathias Cormann, have released the 2014-15 MYEFO.  Its release sent a strong message that the ordinary business of government must go on, as the siege in Martin Place, Sydney, was unfolding.

Delays in passing legislation through the Senate, and a 30 per cent reduction in the price of iron-ore, have contributed to a larger than … Read more »

Prime Minister announces Department Secretary appointments

The Prime Minister has today announced the appointment of Secretaries to lead the Attorney-General’s Department and the Department of Health.

Chris Moraitis PSM has been appointed to head up the AG’s Department, replacing Roger Wilkins AO who retired last month.

Legally trained, Mr Moraitis is currently a Deputy Secretary of the Department of Foreign Affairs and Trade and has served in a number of Australia’s diplomatic missions, including as High … Read more »

Financial Systems Inquiry

The Financial System Inquiry is examining the need for changes to Australia’s financial system, particularly in relation to its accessibility. It is the first investigation in Australia’s financial system since 1996, and is being chaired by former Commonwealth Bank chief executive David Murray AO. Its objective is to lay out a ‘blueprint’ for the financial system for the next decade.

The interim report of the government’s Financial System Inquiry has … Read more »

Budget-in-Reply

The Leader of the Opposition, The Hon Bill Shorten MP, has delivered his Budget-in-Reply address in the House of Representatives.

In his address, Mr Shorten indicated that the Opposition intended opposing some of the Government’s key Budget initiatives including:

  • Changes to the Newstart allowance, which would require un-employed people under 30 years of age to wait six months before receiving benefits
  • The deregulation of the universities sector; and
  • New indexation 
Read more »

2014-15 Budget

Federal Treasurer Joe Hockey has delivered the Coalition’s first budget, with the message that the budget is building a stronger Australia.  This budget is the most important for the long-term success and legacy of an Abbott Government and will give the Australian community its first substantial sense of the principles and character of the Prime Minister and his Cabinet.

A core commitment of the Coalition in the lead-up to last … Read more »

Government releases Commission of Audit report

Treasurer Joe Hockey has released the National Commission of Audit, the first major stocktake of the Commonwealth Government’s functions and expenditure in almost 20 years.

And his message was clear: Governments can’t keep spending money they haven’t got.

Under the terms of reference established for the Audit, the Commission was directed to examine the scope for efficiency and productivity improvements across all areas of Commonwealth expenditure, and to make recommendations … Read more »

Approval of Badgerys Creek site for second Sydney Airport and Announcement of the Western Sydney Infrastructure Plan

The issue of a second airport for Sydney and where it should be located has vexed successive governments for more than half a century. Yesterday, Federal Cabinet confirmed that the site for Western Sydney’s new airport will be Badgerys Creek, the site originally mooted by the Hawke Government in 1986.

Although the Western Sydney airport will not be fully operational for a decade, planning for the new airport will start … Read more »

WA Senate Election

Introduction

A re-run of the Western Australian Senate election will take place tomorrow.

The re-run was ordered following the loss of 1,370 ballot papers that were cast at the 2013 federal election.  Australian Sports Party candidate Wayne Dropulich and Greens (WA) candidate Scott Ludlam successfully petitioned the Australian Electoral Commission (AEC) to conduct a recount of the election, during which time it was discovered 231 votes from the Division of … Read more »

Government announces drought assistance package

Prime Minister Tony Abbott and the Minister for Agriculture Barnaby Joyce have today announced details of the Abbott Government’s drought assistance package to support affected farmers.

There has been growing pressure on the Government to provide additional support as drought worsens in parts of rural Australia.  According to the Drought Statement issued by the Bureau of Meterology this month, most of Queensland and New South Wales inland of the Great … Read more »

Possible New WA Senate Election? – Decision by Court of Disputed Returns

The Court of Disputed Returns today handed down a decision in relation to the disputed result for the Western Australian Senate in the 2013 federal election.

The Court was asked by the Australian Electoral Commission to declare the poll for WA Senate positions void after 1,370 votes went missing between the initial vote and a recount. The recount result would have seen The Green’s Scott Ludlam and the Sporting Party’s … Read more »

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