Australian Politics

5

Has the market priced the election?

Via Shane Oliver: The Federal Election Some might be forgiven for thinking the wheels have fallen off Australian politics over the past decade with the same number of PM changes as Italy, a fractured Senate and “minority government” at times making sensible visionary long-term policy making hard. With the May 18 Federal Election offering a

65

Scummo’s Five Point Plan to destroy Australia

From Scummo today: Our plan will build our economy, without increasing taxes, securing the future for all Australians. #BuildingOurEconomy pic.twitter.com/Ao8p6WPeDb — Scott Morrison (@ScottMorrisonMP) 10 April 2019 Let’s unpack what these five points really mean. Scummo Point 1: 1.25m jobs over five years The Truth: Jobs growth of 1.25 million over five years implies weak

6

Coalition of corruption strikes again

More Coalition corruption today alas, via Domain: New emails have emerged that contradict a statement given by Liberal Party fundraising chief Andrew Burnes to the Australian Stock Exchange about a controversial meeting between his company, Helloworld, and his friend and major shareholder, the Australian ambassador to the United States, Joe Hockey. The emails show that

88

Election date set for May 18

Via New Daily: Scott Morrison is preparing to call a May 18 election as early as Thursday morning, hours after his ministers launched a blistering attack on Bill Shorten as ‘two-faced’ on the question of his relationship with a banned Chinese donor Huang Xiangmo. The Prime Minister flew out of Melbourne after 9pm on Wednesday

21

How the Coalition killed itself with Enron politics

Via The Guardian: A poll commissioned by the activist group GetUp, which is targeting the seat, found that 64% of Kooyong residents said they would be more likely to vote for a candidate with a plan to address climate change by replacing coal with clean energy. However, a survey by Roy Morgan, published in the Australian Financial Review,

6

Josh Frydenberg joins negative gearing budget farce

By Leith van Onselen As expected, Treasurer Josh Frydenberg has jumped on the faux rage over Chris Bowen’s understatement of the share of negatively geared investment into newly constructed dwellings: Josh Frydenberg has accused Labor of “lying” about inaccurate figures behind its negative gearing reforms, and warns there could be “a big black hole” in

14

Coalition Manchurian Candidates circle wagons

Isn’t the LNP supposed to be strong on border protection and ANZUS? Via Domain: Former prime minister Tony Abbott has suggested Malcolm Turnbull is among those “trying to create something out of nothing” regarding allegations of undue foreign influence levelled at Home Affairs Minister Peter Dutton. Mr Abbott said the assertion Mr Dutton had questions

25

Dutton has to go

Here’s what former Prime Minister of Australia Malcolm Turnbull said today about Peter Dutton meeting Chinese national, rampant political donor, alleged CCP agent of influence and currently exiled and disqualified for citizenship on character grounds, Huang Xiangmo: “Look, Peter Dutton has got a lot to explain about this.” “He is supposed to be the minister

52

Scummo approves Adani

Lol, he’s in control, not, via Domain: Prime Minister Scott Morrison has slapped down internal Coalition critics who are demanding swift approval for the Adani coalmine, insisting the government will follow “expert scientific advice” on an imminent environmental decision. Mr Morrison rebuked “senators listening to themselves” on the coal project after Queensland Liberal senator James

11

Turnbull demands LNP exorcise Manchurian Candidates

He has a right given it was the one thing he got right in government as pushing back the Chinese Communist Party’s “silent invasion”, via the ABC: Former prime minister Malcolm Turnbull has demanded answers from his replacement and slammed the Home Affairs Minister amid revelations a Chinese Communist Party-aligned billionaire paid tens of thousands

21

Is Peter Dutton the Manchurian Candidate?

Maybe it’s the entire parliament, via the ABC: Chinese Communist Party-aligned billionaire Huang Xiangmo paid tens of thousands of dollars to former Liberal minister Santo Santoro while mounting a back-room campaign to secure Australian citizenship. In 2016 Mr Santoro arranged a one-on-one meeting for Mr Huang with then-immigration minister Peter Dutton. Despite meeting inside the

4

Betting markets have Labor unbackable favourite

Like, super long, via Mark the Ballot: I spent a little time this weekend looking at the seat betting markets from sportsbet, which I will be following until the Federal election. Because bookmakers set the odds at prices that ensure they cover their liabilities regardless of who wins (with thanks to the bookmakers‘ over-round or “vigorish”), the

11

Hysterical Terry McCrann has Labor meltdown

By Leith van Onselen NewsCorp’s Terry McCrann has spent years penning ludicrous attacks on Labor’s negative gearing reforms. Over the weekend, he branched out even further claiming that a vote for Bill Shorten and Chris Bowen would be a vote for the “end of the world”. From The Australian: Bill Shorten and Chris Bowen have

19

How corrupt regulators helped banks capture the Hayne RC

Via The Australian: O’Sullivan’s commission could do irreparable damage to the financial system. Everybody’s job, everybody’s mortgage, every loan to every business in the country was dependent on the strength and credibility of the financial system, they said, and O’Sullivan was about to lift the lid on a Pandora’s box. With the help of a

18

Four Corners: China interfering with Australian sovereignty

Via the ABC: A local Sydney council bowed to pressure from the Chinese Government and banned an Australian-owned media company from sponsoring an event because it was critical of the Communist Party. A joint investigation by Four Corners, The Age and the Sydney Morning Herald obtained documents showing how Chinese consular officials issued at least

2

Scummo’s Budget polling bounce! Not!

Via The Australian: An exclusive Newspoll conducted for The Australian shows the Coalition’s primary vote has ­jumped ahead of Labor’s for the first time since Mr Morrison ­became Prime Minister. On a two-party-preferred basis, Bill Shorten’s opposition still holds an election-winning lead, 52 to 48 points, but the Coalition has engineered a four-point turnaround since

24

Is Tony Abbott the Manchurian Candidate?

Via the ABC: Tony Abbott’s re-election campaign held a fundraising event at a private golf club run by a fugitive Chinese casino tycoon with deep ties to the Communist Party. A joint investigation by Four Corners, The Age and the Sydney Morning Herald can reveal that Mr Abbott attended the fundraiser at the Twin Creeks

21

$11bn Scott Farquar ‘kicked while he is down’

I have to be careful with this. The cognitive dissonance that clings like a magical cloak to the Atlassian duo makes me deeply suspicious of their various public campaigns. Today’s outburst partly fits this description but not all: Sad to report the poor, rushed legislation covering “Streamed Terrorism” passed both houses just now – despite

6

Fake news engulfs Turnbull spill

Via the AFR: Lachlan Murdoch held two rounds of drinks with Sky TV and News Corp staff at his Bellevue Hill mansion where he initiated the media storm that led to Malcolm Turnbull’s downfall, according to a new account of events last August. In a three-part New York Times magazine feature published on its website

8

Which CEOs are China flunkies?

Via Domain come a survey of CEO attitudes towards China. Woodside chief executive Peter Coleman summed up the sensible view: “The two go hand in hand, and you can’t have unbalanced relations,” Mr Coleman said. “You can’t deny the fact that China is a very important market for us but you can’t compromise on fundamental security

11

Can Australia trust China or the US?

The AFR just can’t get enough China kowtowing: Scott Morrison’s efforts to repair Australia’s relationship with Beijing have been welcomed in China but not with a huge amount of enthusiasm. The consensus is that the appointment of Graham Fletcher, a career diplomat with deep China experience as Australia’s new ambassador in Beijing – along with

83

‘Big Australia’ Bill launches immigration smokescreen

By Leith van Onselen Many of us have been hoping in vain that a Shorten-led Labor Government would follow the will of the electorate and lower Australia’s immigration intake back to sensible historical levels: Sadly, the opposite is true. In February, Labor’s shadow immigration minister, Shayne Neumann, committed to a turbo charged migrant intake: Mr Neumann

5

Recessionberg’s trickle down tax cuts sink Straya into wet spot

Via The Guardian: Bringing forward the Coalition’s income tax cuts would give high-income earners an extra $104 a week while low- to middle-income earners would gain just 50 cents to $4 a week, according to new modelling. The Australian Council of Social Service released the modelling on Monday to warn the Morrison government off any attempt to