Category: Australian News

It is ‘no secret’ to hard-working Australians that housing costs in recent years, whether owning or renting, are out of control. According to the Australian Bureau of Statistics (ABS) official statistics published in Trading Economics, housing inflation rose nearly 40% from January 2021 to January 2023.

Even the ABC gets the twin housing inflation problems and general inflation. Or at least finance reporter David Taylor does. In his recent piece entitled From high inflation to the housing crisis and a possible recession, Australia’s economic problems need meaningful solutions. He stated that: 

“The fundamental economic problem of our time is inflation, or the rising cost of living. … Low wage growth, a surge in migration and a chronic housing shortage have now produced both a cost-of-living crisis and a housing crisis.” 

Regarding the problem of general inflation, Taylor delved deeper: 

“Easing inflation pressures means there is less of a chance interest rates will continue to climb, which makes it easier for companies to churn out a profit. This helps explain the stock market’s flirtation with a new record high — especially when…many companies have managed to ride the inflation wave without letting go of their profit margins. … You see, while easing inflationary pressures are welcome, the evidence continues to point to so-called ‘sticky’ inflation — both overseas and here.” 

He then went into some of the policy drivers of general inflation: 

“The [GFC] produced a trauma that’s still with us. Indeed the remedies to [that] — taxpayer bailouts of corporations too big to fail and cheap funding for those with assets — helped entrench deep inequality[.] … The pandemic led to huge amounts of government stimulus…stoking inflation.” 

Taylor then ‘circled back’ to housing inflation and it’s policy-drivers when he concluded: 

“The economy is dominated by large monopolies with unprecedented power over wages growth and the prices they charge consumers. You can add to that a housing market that’s been propped up by a favourable tax environment, cheap money and investor speculation. … Looking ahead, surging migration may prevent Australia from entering a technical recession…but it’s also leading to soaring rents and entrenching the housing affordability crisis.” 

What is ‘somewhat a secret’ nowadays (long after the common sense reforms of the 1980s and 1990s) regarding housing, inflation, and the economy is, as American President Ronald Reagan once quipped: 

“Government is not a solution to our problem, government is the problem. … Government does not solve problems; it subsidizes them.” 

Moreover, ‘the dirty little secret’ is that government problem subsidies are not just sometimes unintentional but often intentional and that these are not just fiscal in origin but also regulatory and monetary. The three key and intentional policies driving-up housing inflation, in particular, are #1) open-border immigration, #2) climate-alarmism green tape, and #3) money-and-credit printing. Policy #1 is a mix of fiscal and regulatory policies, whereas #2 is regulatory and #3 is monetary. 

Australian housing demand is regularly ‘pump-primed’ by the federal government through a combination of #1 and #3. This happens through #1 more people plus #3 more money to demand more housing services. However, at the same time, the Australian housing supply is regularly constrained by federal, state and local governments through #2 many restrictions on housing stock. In short, high demand and low supply growth equal housing inflation and, thus, the housing crisis. 

As the 1980s cartoon, G.I. Joe used to say, “And knowing is half the battle.” The other half of the battle is, of course, doing. And this starts with asking both the PM and RBA, “Please explain?” 

The Greens are calling for the Albanese Government to immediately mandate waste reduction targets following a report out today revealing Australia will miss its 2025 National Packaging Targets.

Australia set a national target to recover 70% of plastic packaging by 2025, but a review by the Australian Packaging Covenant Organisation shows just 18% of plastic packaging was recycled or composted in the 2020-21 financial year. 

The review confesses governments will need to pursue harder regulation if plastic producers cannot do better under the current voluntary system of waste reduction. Yet after decades of big plastic producers failing to clean up after themselves, why wait? 

Greens spokesperson for waste and recycling, Senator Peter Whish-Wilson said: 

“The idea that Australia could reach its 2025 National Packaging Targets under a system that hinges on weak, consumer-obligated, voluntary targets has always been a complete farce. 

“It is mind-blowing that the government is still kicking this can down the road. Big producers of plastic have been operating with impunity, free from any serious penalties or regulation. 

“Voluntary approaches to waste reduction do not work – it’s that simple. Big companies will never care about the planet as much as their profits, which means mandating waste reduction targets is the only way to get them to take the matter seriously.

“Plastic production makes up 45% of the petrochemical sector, which is projected to account for over a third of growth in oil demand by 2030, and remain one of the biggest drivers of oil extraction over coming decades. 

“Multinational oil and gas corporations are eyeing a rapid expansion in the production of plastics to generate demand for fossil fuels in a decarbonising world. If we end plastic, we can end fossil fuels.

“It is absurd that our waste reduction targets are not legally binding given what we know about the dangers of plastic pollution. To stop the insidious scourge of plastic from intruding into our lives and the environment, the Albanese Government must mandate our nation’s waste reduction targets.”

Australian Greens Deputy Leader and Education spokesperson Senator Mehreen Faruqi has welcomed the Women’s Economic Equality Taskforce’s recommendations that the Government scrap the activity test and give early childhood education and care workers a pay rise in the May budget.The Australian Greens’ have long called for these measures.Senator Faruqi said:“The activity test is a disgrace of a policy. It is cruel, punitive and beyond repair. “The activity test denies access to early childhood education and care for the most disadvantaged children and punishes families with insecure, casual work.“Many thousands of children from disadvantaged families are missing out on early childhood education and care because of the activity test- it should be abolished now. “Dumping the activity test would represent significant progress towards the Greens vision of free, universal early childhood education and care.“The treatment of early childhood education  and care workers is a national shame. They continue to be paid well below what they deserve.“The government can’t keep delaying action. Early childhood education and care workers deserve a pay rise now and recognition and respect for the important work they do. They have been undervalued for far too long.

The Greens are calling on the Government to accept all recommendations of the Women’s Economic Equality Taskforce (WEET) in the May Budget, and not make women wait while wealthy men and submarines are prioritised.

The Women’s Economic Equality Taskforce have asked for urgent action on 6 key priority recommendations, to redress gender wealth inequality, all of which the Greens support. 

Greens leader in the Senate and spokesperson on Women, Larissa Waters said:

“The Government asked the WEET for advice about how to deliver women’s financial security, they can’t now ignore the sensible advice on policy reforms to deliver it.

“The women of Australia expect and deserve to be prioritised after nine years of Coalition neglect, and this government can’t claim to be better for women if they make us wait while prioritising tax cuts for the wealthy and submarines.

“This budget is about choices. Choose to implement expert recommendations to help women, children, and those most at-risk or already living in poverty; or continue to cry poor while funding the Stage 3 tax cuts and spending billions on submarines.

“Each of the six key recommendations for women’s economic security were already Greens policy and we back them all. 

“We are pleased to see reversing the Gillard government’s decision to cut off Parenting Payment Single when kids turn 8 as a priority recommendation. Extending parenting support to 16 years would cost $1.4 billion dollars – a fraction of a fraction of the Stage 3 tax cuts and AUKUS spending – but it would be life changing for 500,000 single mums and their kids.

“We strongly support the Taskforce’s call to scrap the degrading, punitive and coercive ParentsNext program. The Greens tried to disallow it back in 2018, and the program has done untold damage since then.

“Just last month the government had the chance to support Greens amendments to their Paid Parental Leave bill and pay super on paid parental leave, costed at $200 million, yet they chose not to. 

“Poverty is a policy choice. Right now, Labor is choosing to keep in place a woeful social security system that leaves millions of women, children, uni students and renters in poverty. 

“The Labor Government has found $368 billion to spend on nuclear submarines and $254 billion in Stage 3 tax cuts for the rich, so has no excuse to reject reforms that will help women struggling to pay rent and put food on the table.

“Labor say they’re on the side of struggling Australians – it’s time they show it, and use that money to make life a bit easier for women and children doing it tough.”

BACKGROUND

In full: Letter to Minister Gallagher re Women’s Economic Equality Taskforce advice for May 2023 Budget (pmc.gov.au)

Six priorities identified by the WEET as urgent and targeted actions: 

1. Reinstatement of the Parenting Payment (Single) for women with children over eight. This will more appropriately classify single mothers as doing parenting work, rather than as being unemployed. 
2. Abolition of the Parents Next program. This should be accompanied by a commitment to reinvest in a new evidence-based program co-designed with young parents, and based in principles of encouragement, support, flexibility and meeting their needs. 
3. Abolition of the Childcare Subsidy Activity Test. 
4. Payment of Superannuation for primary carers while they are on Paid Parental Leave. 
5. Increase the rate of Commonwealth Rental Assistance to improve women’s immediate housing security stemming from the lack of affordable, appropriate, and safe housing options. 
6. Invest in an interim pay-rise for all early childhood educators and aged care workers in recognition of the historical undervaluation of their work and the urgent need to retain and attract workers to the sector. 
    

A survey to hear about the community’s dental experiences has been launched as part of the Greens-led, Senate Inquiry into the Provision of and Access to Dental Services in Australia. 

This survey is available to all people in Australia to complete and will seek the community’s experiences accessing dental services, the barriers they face and their views on how dental care needs to change in Australia. 

The Senate inquiry has been established to investigate issues including the impact of the cost of the living crisis on access to dental services and will consider a pathway to universal access to dental services in Australia. 

The Australian Greens took a policy to the last Federal Election of having dental services available in Medicare. 

Senator Jordon Steele-John, Chair of the Committee + Greens Spokesperson for Health said: 

“We know so many people aren’t able to go to the dentist because it’s too expensive. More and more people are having to delay going to the dentist living with sore gums, ill-fitting dentures or headaches. 

“As chair of this inquiry, I want to make sure everyone has the opportunity to have their voice heard by the parliament. That’s why I am so proud to be launching a survey today – to make it as easy as possible, for as many people as possible to contribute to the Senate inquiry. 

“Nobody should have to suffer tooth pain or dental issues that could be avoided with treatment simply because they can’t afford it. The only way we’re going to get reform to Australia’s dental healthcare is if decision-makers in Canberra actually understand the scale of the problem.

“Whatever your experience is with the dental care system, even if it has been very limited due to these sorts of barriers – your contribution is extremely valuable – please fill in the survey and share your ideas on how we can fix dental care services in Australia.

“This is our opportunity to make dental care truly accessible for all. Together, our voices are strongest.” 

Background

• The survey is available here: https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Dental_Services_in_Australia 
• The public submission period is now open and will conclude on 4th June.
• The committee is expected to make its final report at the end of 2023.

Today I announce the appointment of Mr Ian Biggs as Australia’s next Ambassador to Austria. Mr Biggs will also be accredited to Bosnia and Herzegovina, Hungary, Slovakia and Slovenia.

Australia has strong relationships with Austria and Central Europe, based on community ties and a shared commitment to support a world which is stable, peaceful, prosperous, and respectful of sovereignty.

We are broadening our cooperation with the region in trade and investment, climate and energy, and foreign and security policy.

Mr Biggs will also be Australia’s Permanent Representative to the United Nations in Vienna, the Comprehensive Nuclear-Test-Ban Treaty Organization, the Organization for Security and Cooperation in Europe, and the International Atomic Energy Agency (IAEA), where he will also serve on the IAEA Board of Governors.

Australia has a record of steadfast commitment to strengthening the international non-proliferation regime and to supporting the IAEA’s mission to harness the peaceful application of nuclear technology. We are proud of our historical and continued leadership in promoting entry into force of the Comprehensive Nuclear-Test-Ban Treaty. 

Mr Biggs is a senior career officer with the Department of Foreign Affairs and Trade and was most recently Ambassador for Arms Control and Counter-Proliferation.

He has previously served overseas as Ambassador to Iran, Saudi Arabia and Türkiye, Deputy Head of Mission in India and Austria and as Special Assistant to the IAEA Director General.

I thank outgoing Ambassador Richard Sadleir for his contributions to advancing Australia’s interests in Austria since 2019.

Today, I announce the following changes to the Coalition Shadow Ministry.

I am delighted that Senator Jacinta Nampijinpa Price will take on the role of Shadow Minister for Indigenous Australians.

Jacinta is a fighter and a warrior for Indigenous Australia. As a proud Territorian, a former councillor and deputy mayor of Alice Springs, and a former small business owner, she has always fought hard to improve the lives of Indigenous women and kids, and tackled immensely difficult issues like the scourge of sexual abuse, domestic violence, and the crisis in law and order in some Indigenous communities.

I am proud of her, and I know she will do an outstanding job in leading the charge for better practical outcomes for Indigenous Australians – not through the Prime Minister’s Canberra Voice Bureaucracy.

Senator Kerrynne Liddle will join the outer shadow ministry as Shadow Minister for Child Protection and the Prevention of Family Violence. Kerrynne had a distinguished career prior to entering the Senate, having worked as a senior business leader, small business owner and journalist. A former small business owner and senior leader in the private and public sector, Kerrynne’s extensive professional experience has led to her success in key areas including in the tourism, energy, media, tertiary education, arts, social housing and indigenous affairs sectors. I am delighted she will join my Shadow Ministry and this critical role will allow her unique policy strengths and insights to come to the fore.

I want to thank the Hon. Karen Andrews MP for her many years of fine service on the Coalition frontbench. Karen has offered to step aside from the Shadow Ministry and to return to the backbench. Karen was a distinguished and first-rate minister during the period of the last Coalition government and I am so grateful for her contribution to the Coalition team over many years.

Senator James Paterson will join the Shadow Cabinet as the new Shadow Minister for Home Affairs. As a member and former chairman of the Parliamentary Joint Committee on Intelligence and Security, James has been at the forefront of many of the critical national security debates facing our country in recent years.

James has done an outstanding job in holding the government to account for its failures in cyber security, along with raising the critical issue of foreign interference in our community. He will retain his existing shadow ministerial portfolio of Cyber Security and I am delighted to bring him into the Shadow Cabinet.

Senator the Hon. Michaelia Cash will return to a familiar portfolio area for her as she takes on the role of Shadow Attorney-General.

A fierce and talented legal operator, I’m delighted Michaelia will take on this position, in addition to her existing Industrial Relations portfolio remit. With the legal uncertainty, complexity, and constitutional risk inherent in the Prime Minister’s Canberra Voice proposal becoming clearer by the day, I know Michaelia will do a forensic job in this role.

I can assure all Australians that the Coalition will continue to focus on delivering positive plans and policies for the future of our country in 2023 and in the lead-up to the next election.

These new shadow ministry appointments strengthen our team as we approach the task ahead.

Prime Minister Anthony Albanese will welcome the Prime Minister of New Zealand, The Rt Hon Chris Hipkins, to Australia from 22-23 April as a guest of the Australian Government.

This will be Prime Minister Hipkins’ second visit to Australia as leader.

This year Australia and New Zealand are celebrating 80 years of diplomatic representation, 50 years of the Trans-Tasman Travel Arrangement, and 40 years of our Closer Economic Relations Free Trade Agreement.

Prime Minister Hipkins’ visit will take place shortly before Anzac Day – a commemoration of a formative time in Australia and New Zealand’s shared history.

Prime Minister Albanese said:

“I am delighted to welcome Prime Minister Hipkins back to Australia for his second visit as leader.

“I look forward to continuing to work with Prime Minister Hipkins to strengthen the close ties and bonds of kinship between our two countries.”

Australian Greens Deputy Leader and Education spokesperson Senator Mehreen Faruqi has lashed the Government for refusing to back her bill which would provide relief to millions of Australians struggling under the weight of soaring student debt. 

Despite the vast majority of evidence received through the inquiry supporting the measures in the bill to end indexation and raise the minimum repayment income, the Committee still recommended that the bill not be passed.

Senator Faruqi’s dissenting report is here.

Senator Faruqi said:

“Labor has ignored the loud, desperate calls from students, graduates, young people, women, unions, think tanks and experts for urgent action to address the student debt crisis. The committee majority relied selectively on evidence provided by a handful of witnesses to justify what seems like a foregone, ideological conclusion.

“The committee’s recommendation is an insult to everyone who provided evidence in support of the bill, especially those individuals who gave brave and harrowing testimony of how student debt was affecting their lives.

“By teaming up with the Liberals, the Government has shown that they are completely out of touch with the reality of millions struggling with student debt. 

“The growing burden of student debt is making news every day and it’s beyond clear that urgent intervention is warranted. But Labor has elected to sit back and watch as millions of Australians are hit with a student debt avalanche on June 1. 

“The Labor Government’s priorities are all wrong. Modest measures to relieve the student debt crisis are apparently unaffordable, but Labor has hundreds of billions to splurge on dangerous war machines and tax cuts for billionaires.

“By choosing inaction, Labor  is choosing to make life harder for millions of people, especially young people and women who are on the front lines of almost every crisis we face: whether it be cost-of-living, housing, student debt or climate. 

“Corporate profiteering is driving inflation and students are paying the price. 

“An education system that traps graduates in a debt spiral and forces them to repay student loans when they are barely earning above the minimum wage is unsustainable and broken. 

“Soaring student debt is locking people out of the housing market, inflaming the cost of living crisis, crushing dreams of further study, stopping people from starting families and causing enormous mental and financial stress”

Submissions to the University Accord process show that the fee hikes and funding cuts associated with the Job Ready Graduates scheme should be scrapped.

Senator Mehreen Faruqi, Greens Deputy Leader and Education spokesperson said:

“The Job Ready Graduates scheme is a cruel, punitive mess which desperately needs a clean-up. Fee hikes and funding cuts that punish students and deprive staff of resources was a disgraceful plan from day one and must be scrapped.

“Labor spoke a big game in opposition calling the scheme beyond repair, but have done nothing to reverse the harms of this policy disaster. In government, and with a progressive parliament, they have the numbers to immediately scrap these fee hikes and funding cuts to give some reprieve to a struggling sector.

“It’s clear as day that Job Ready Graduates was a disaster and yet Labor is refusing to act. It’s a pathetic abdication of responsibility.

“Labor needs to wake up to the fact that they are in Government. They don’t have to mindlessly continue Morrison’s mistakes, whether it be the Stage Three Tax Cuts or the Job Ready Graduates scheme. 

“The intention of the Job Ready Graduates scheme was objectionable in the first place and it was a  furphy that this scheme would encourage students into the so-called priority degrees. Students should be able to study whatever they want. 

“Universities do not exist to churn out “job-ready” students. Education is not just about getting a job, it’s about learning and acquiring knowledge. 

“All the scheme has done is condemned generations of young people to decades of debt and pushed universities further into strife. It has entrenched gender inequality as women overwhelmingly study the courses which were hit hardest by the fee hikes and are incurring more and more student debt. 

“Ultimately, education is a basic human right and a public good. Higher education should be free and fully funded by government with staff having secure work and fair wages and conditions”