From 16-17 October, I will represent the Australian Government at the Asia-Pacific Economic Cooperation (APEC) Finance Ministers Meeting in Port Moresby, Papua New Guinea. Providing an opportunity for developed and developing economies to work together on significant global and regional issues, APEC is the pre-eminent economic forum in the Asia-Pacific region. This is the first time APEC has been held …
Continue readingThe Morrison Government is committed to supporting cooperatives, mutuals and member-owned firms in Australia so they can invest, grow and employ more Australians. A stronger cooperatives and mutuals sector will provide Australian consumers with more choices and more cost effective options. Draft legislation to provide a definition for a mutual entity in the Corporations Act and to clarify the uncertainty …
Continue readingLiberal Senator for the ACT, Zed Seselja, said the Liberal-National Government will introduce legislation in the next sitting week to lock in reforms to the GST distribution system that will see the ACT $46 million better off. “This is $46 million in additional funds the Territory can invest in roads, schools, and hospitals,” Senator Seselja said. “As a priority, we …
Continue readingBill Shorten and Labor’s policy to abolish negative gearing will take a sledgehammer to house prices and increase rents. Time and again they refuse to come clean on the impact. Economic spokesperson Andrew Leigh is the latest Labor frontbencher who refused to say how much their policy will send house prices plummeting. When pressed, Mr Leigh fell to pieces on 3AW yesterday, …
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