OECD verdict: Higher inflation, slower growth under labor

The latest OECD Economic Outlook has sounded the alarm on a government that is distracted from managing the economy at a time it has never been more critical.

The OECD has forecast the second consecutive downgrade to Australia’s GDP growth forecast and predicts inflation will be higher for longer under Labor.

Under the OECD’s projections, Australia’s economy will grow at a slower rate than the EU, the United States, Brazil, Mexico and the G20 average.

Australia’s core inflation rate will lead the Euro Area, the United States and G20 advanced economies by 2024.

These forecasts come as Australia is already experiencing collapsing real wages, a GDP per capita recession, record slumps in consumer confidence, falling labour productivity and one of the highest core inflation rates amongst advanced economies.

Most alarmingly, the OECD’s policy recommendations stand at odds with the government’s agenda:

  • More flexible labour markets, not more union red tape
  • Stronger fiscal policy, not a one-and-done surplus
  • Reducing the burden of state-owned enterprises, not creating new ones

Shadow Treasurer Angus Taylor said families are already facing higher mortgage rates, higher rents, higher energy bills and higher taxes under the Albanese Labor Government.

“For families expecting relief from the cost-of-living crisis, this is a bitter pill to swallow,” Mr Taylor said.

“This is a consequence of a government that has had its eye off the ball when it comes to the economy.

“This is a government that is distracted by its Canberra Voice and more interested in paying back its biggest donors than it is in managing the economy.

“With inflation already higher for longer under Labor, Australian families cannot afford another year of Labor on autopilot.”

Shadow Finance Minister Senator Jane Hume said the OECD’s updated economic outlook has sounded the fiscal alarm bells.

“Labor inherited a budget benefitting from a booming commodity sector and record low unemployment following nine years of pro-growth, pro-jobs and productivity-enhancing economic management from the Coalition,” Senator Hume said.

“With the 2022-23 budget year inheriting the fiscal and economic settings from the Coalition, the test for Labor is: will it get better or worse from here?

“Labor must commit to restoring the fiscal guardrails, reining in spending to help bring down inflation and delivering the reforms the economy needs to get productivity moving to boost jobs, boost wages and boost economic growth.”

NSW Labor creates level playing field for women in sport

The Minns Labor Government will invest $30 million in improving grassroots sports facilities to turbocharge the growth of women and girls sport across NSW through a brand new Level the Playing Field program.

This program will support the growth of women and girls sport in NSW after a recordbreaking FIFA Women’s World Cup during which the Matildas inspired the nation, and an unbelievable 12th World Cup championship win by the Diamonds at the Netball World Cup.

The Level the Playing Field program will allow grassroots sporting groups to access funding to upgrade and build sporting facilities for women and girls in their local communities.

The program is expected to fund 100 new and upgraded facilities and will contribute to fostering a safe and inclusive environment for women and girls to train and play, by delivering fit-for-purpose facilities and amenities such as change rooms, accessibility improvements, and improved lighting.

As part of the budget, the Minns Labor Government is also delivering on its promise to support local community and school sports through a number of other initiatives.

The Football in Schools Program in Western Sydney will also receive $14.5 million, partnering with the Western Sydney Wanderers and Macarthur Bulls to support local school sporting teams.

The Central Coast will receive $3.7 million to improve football infrastructure and programs.

This will include a synthetic playing field in Tuggerah, as well as training facilities for the new Central Coast Mariners A-Leagues Women’s team. Funding for these projects will be matched by the Central Coast Mariners.

This funding also includes $1 million for the Central Coast Mariners community programs for at-risk youth and disadvantaged adults.

The budget will more than double funding for state sponsored organisations (SSOs), such as Football NSW and Sport NSW, from $2.45 million to $5 million in 2023–2024, and $10 million in 2024–2025 and 2025–2026.

These new agreements will include incentives for SSOs to achieve specific outcomes in increasing female participation in their organisations and improving their governance.

National industries and governments decide to transition the Varroa mite program

The National Management Group (NMG), driving the Varroa mite program across Australia met yesterday, and has decided to transition its approach to addressing this biosecurity issue confronting the nation’s beekeepers and pollination industry.

After considering the latest scientific data and advice, governments and industry organisations have unanimously decided to move from an eradication program to a management approach.
 
The NSW Government has agreed with all industry and government partners that the potential to eradicate is no longer possible and that we now need to work collaboratively to manage and minimise the impact of varroa.
 
Despite the comprehensive $101 million spend and effort to eradicate the mite, the transition from an ‘eradication’ program to a ‘management’ program was concluded because of the many factors working against a possible eradication in Australia. 
 
The NSW Government will work with all the national players and reallocate resources to slowing the spread of the pest and providing management options to help minimising its impact. 
 
Communications are being developed by the NSW Department of Primary Industries and industry partners to explain to all stakeholders what this shift in program means and how the government will guide and assist affected stakeholders.
 
The NMG considered the following major factors for why eradication has not reached its desired objectives:
 

  • Non-compliance by some bee industry actors with the NSW Movement Orders and the mandatory hive testing (alcohol washes), and evidence of illegal movement of bees resulting in further spread of the varroa mite. 
  • The recent spike in new detections, have made it clear that the Varroa mite infestation is more widespread and has also been present for longer than first thought.
  • The increase in new detections and generation of a control area greater than 16,000 km2, has stretched the eradication team’s responses to their technical limit.

 
Minister for Agriculture, Minister for Regional New South Wales, and Minister for Western New South Wales, Tara Moriarty said:

 
“The priority now is for the NSW Department of Primary Industries to communicate with all the stakeholders of the beekeeper and pollination sectors and advise them what the change in program means for their industry. 
 
“I’ve directed the Department of Primary Industries to immediately engage industry stakeholders and beekeepers to provide guidance and assistance so that they can quickly respond to the transition of the Varroa mite management program.”
 
Director General of Department of Primary Industries Scott Hansen said:
 
“The department will move swiftly to transition our team and all our stakeholders to this new approach and will be providing information and support to the industry.
 
“The 2399 DPI people and staff from supporting agencies and industry in the Varroa mite response team have been working around the clock since last year on this program and I thank them for their incredible effort. They have succeeded in delaying the spread of Varroa mite for more than a year which needs to be recognised.”
 
Chief Executive Officer of the Australian Honey Bee Industry Council, Danny Le Feuvre said:
 
“While eradication was the original goal, the focus will now shift to supporting beekeepers in the transition to management.
 
“I thank all the beekeepers for their cooperation throughout the response and especially those who have felt the emotional and financial impacts of this response.

“There is still lots industry can do to contain and slow the spread of Varroa mite, which is why NSW will operate under an interim management strategy until the National Management Plan for Transition to Management is agreed upon.
 
“At the same time, AHBIC will continue to work with NMG to ensure any support measures offered to beekeepers are fit for purpose.”

Budget makes new housing less affordable

Additional taxes and charges in Labor’s Budget will make home ownership less achievable for the people of New South Wales.
 
Shadow Minister for Housing Scott Farlow said that more housing is a mirage under Minns. Labor’s best effort to build more homes is for Landcom to deliver a measly 88 affordable homes and 206 market homes per year through to 2039-40.
 
“Housing was supposed to be the centrepiece of this Budget, yet the Labor Government’s only answer is to impose more taxes for those building new homes, which makes homes less affordable. It also imposes more costs and increases the difficulty for the private sector, which provide the vast majority of housing supply, to deliver more homes,” Mr Farlow said.
 
“The Government’s infrastructure centrepiece is funded by a tax on new homes, with the associated infrastructure not tied to the area in which the development occurs.”
 
“Rather than outlining new vision and focussing on measures to increase supply, the Government has increased taxation.”
 
“The Housing and Productivity Contribution could add up to $37,000 to the price of a new home in Western Sydney if it attracts both a strategic biodiversity component and transport project component.”
 
“The money raised by this contribution isn’t tied to the geographic area, with the potential for funds raised from a new development in Penrith paying for a bike path in Petersham.”
 
“There has been no revised feasibility assessment of this charge since 2020 and since that time interest rates have risen by 400 basis points and construction costs have increased by 30%.”
 
“Worse still, the Government is not undertaking any further contributions reform and is applying this charge at the Construction Certificate stage, the point in the construction where financing is most difficult and will add additional financing costs on builders.”
 
“The Budget papers also reveal that Sydney Water’s development servicing plan (DSP) will not just be used for infrastructure recovery costs, but be used to increase Sydney Water dividends by 4.5 times over the forward estimates with no commensurate savings to consumers.”
 
“This is a great big tax on industry and consumers that will make new homes in Western Sydney more expensive and not save users any money on their water bills.”
 
“The last Liberals and Nationals budget delivered a $2.8 billion Housing Package that helped first home buyers, created a shared equity scheme, accelerated the delivery of new infrastructure to support housing and upgraded and enhanced NSW’s social housing stock,” Mr Farlow said.

Power pain on the way as NSW Labor dodge questions on eraring

The Minns Labor Government’s Budget fails to provide energy certainty for NSW, limiting energy relief, ripping away subsidies for EVs and failing to include any provisions for the extension of the Eraring Power Station, potentially risking a future energy blackhole.
 
As families and businesses struggle under Labor’s cost of living crisis, higher inflation and increased interest rates, 1.5 million households will miss out on energy bill relief, leaving people across NSW to fend for themselves.
 
There are also more than 500,000 small businesses in NSW that do not qualify for energy relief from the Minns Government.
 
“The Government have not provided a single cent to the ongoing operation of the Eraring Power Station which could cost up to $3 billion. This is completely at odds with their commitment pre-Budget to discuss extending the aging power station.”
 
“And despite allocating $1 billion to their state-owned energy corporation, Labor can’t explain how it will function or when it will begin providing relief.”
 
The CEO of the Electric Vehicle Council has said that he doubted the people who voted for this government thought they were voting to cut electric vehicle incentives to fund handouts to coal-fired power stations.
 
“Not only has the Minns Government put us in reverse when it comes to Electric Vehicles by scrapping the $3,000 rebate and reintroducing stamp duty, they continue to leave households in the dark by providing meagre relief from energy bills,” Mr Griffin said.

Six teens charged over alleged break-in, stabbing – Merewether 

Six teenagers have been charged following an alleged aggravated break and enter, where a man was stabbed, in Merewether.

Shortly before 3am today (Tuesday 19 September 2023), police were called to a home on Coane Street, after reports of a home invasion.

Police will allege in court that a group of six people forced their way into the home before they were confronted by two occupants – a 49-year-old man and a 75-year-old woman – inside the property.

During this argument, both the man and woman were allegedly stabbed before the group ran from the scene.

Officers from Newcastle City Police District attended a short time later and established a crime scene.

The 49-year-old was taken to John Hunter Hospital, where he remains in a serious but stable condition.

A 75-year-old woman suffered minor injuries and was also taken to hospital for treatment.

Following inquiries, five teenagers – two boys, aged 13 and 14, and three girls, aged 14, 15 and 15 – were arrested nearby before being taken to Newcastle Police Station.

A 15-year-old girl and a 14-year-old boy were charged with special aggravated break and enter and commit serious indictable offence.

A 13-year-old boy was charged with special aggravated break and enter and commit serious indictable offence, and breach of bail.

A 15-year-old girl was charged with breach of bail.

All four were refused bail to appear before a Children’s Court tomorrow (Wednesday 20 September 2023).

A 14-year-old girl was charged with goods in personal custody suspected being stolen.

She was granted strict conditional bail and is due to appear before a Children’s Court on Monday 9 October 2023.

Following further inquiries by investigators, a sixth teenager, a 14-year-old boy, was arrested at a home in Raymond Terrace, about 11.40am today (Tuesday 19 September 2023).

He was taken to Raymond Terrace Police Station, where he was charged with special aggravated break and enter and commit serious indictable offence wound, attempted murder, and reckless wounding – in company.

The boy was refused bail to appear before a Children’s Court tomorrow.

DUTTON NUCLEAR DISTRACTION FROM NEED TO STOP MORE COAL AND GAS

Greens Leader, Adam Bandt, commenting on the release of nuclear costings by the government, said today Peter Dutton’s exorbitant nuclear pipedream was a distraction from the urgent need to stop more coal and gas.

Mr Bandt said Peter Dutton’s advocacy of nuclear power was a dumb fantasy, but Labor pushing more coal and gas projects in the middle of a climate crisis is dangerous.

Greens Leader Adam Bandt MP said:

“The Liberals are for nuclear, Labor is for more coal and gas and the Greens are for clean renewables.”

“Across the country, Labor wants to prop up dirty coal fired power stations, open new coal mines and frack for more gas in the middle of a climate crisis. 

“Peter Dutton is living in nuclear fantasy land, but Labor’s reality of more coal and gas is dangerous.”

GREENS LAUNCH PLAN TO PROTECT NATIVE FORESTS AND FIGHT THE CLIMATE CRISIS

Greens Forest spokesperson Senator Janet Rice has announced today the Greens’ fully-costed ‘Protecting Native Forests, Protecting the Climate’ policy.

The Greens’ plan is an integrated approach of immediate action on the climate crisis by protecting Australia’s forests and banking the carbon benefits from ending logging; funding ecological restoration and supporting regional workers and communities through a just transition.

The Greens plan would commit ten billion dollars over 20 years, to be provided to state governments that end native forest logging, including states that have already committed to doing so.

The funding would be allocated between state governments, with $800 million allocated on the basis of the most recent log harvesting volumes. The remaining $200 million will be allocated between jurisdictions (including the Northern Territory) as negotiated by the Commonwealth.

As part of taking real action on the climate crisis and reaping the benefits of the carbon value, state governments that end native forest logging must commit to not using forests to create offsets for fossil fuel expansion.

The Commonwealth and state governments would be required to allocate a major proportion of the $10 billion to ecological restoration and ensuring a just transition for workers and communities. These projects would provide significant employment in areas such as restoring previously logged forests where post-logging regeneration has failed; pest and weed control; effective, ecologically appropriate and culturally-informed fire management, and other projects that help restore and protect the incredible beauty of Australia’s native forests.

https://greens.org.au/sites/default/files/2023-09/Greens%202023%20Policy%20Initiative%20-%20Protecting%20Native%20Forests%2C%20Protecting%20the%20Climate.pdf

BRISBANE BRACES FOR ACCESS TO DENTAL SERVICES INQUIRY

Senator Jordon Steele-John will chair a hearing of the Senate Select Committee Inquiry into the Provision of and Access to Dental Services in Australia in Brisbane on Wednesday 20th September 2023. 

The committee will discuss urgent reforms to increase access to dental care and explore ways to reduce the Queensland public dental waiting list, which has 135,000 people on the list. 

The hearing will bring together oral healthcare organisations representing large cohorts of the community including a panel representing older Australians who will call for the need to urgently implement a Seniors Dental Benefits Schedule. 

The committee will also hear from Deakin Health Economics whose submission calls for oral health to be integrated within primary healthcare, funded under Medicare’s Health Insurance Act 1973, getting closer to the goal of universal access to affordable oral healthcare. 

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

“We are hearing from the community that they simply can not afford to go to the dentist. There is a deep urgency for the government to transform access to oral health care in this country. 

“The lack of access to free dental care is having far-reaching consequences across our public health system.

“No one should choose between paying their rent, paying for food, and accessing oral health care. 

“When people can’t afford to go to the dentist their only option is to be admitted to hospital. We saw in 2020-21, that 19,272 people were admitted to hospitals across Queensland because of preventable dental conditions. These hospitalisations could have been avoided with timely and free oral healthcare. 

“Too many older Australians can’t afford to go to the dentist, this is leading to 69% of people aged over 75 experiencing the pain of gum disease. 69% of people experience something that is totally preventable. Instead of taking the decisive action to establish a Seniors Dental Beenfit Schedule, a recommendation of the Aged Care Royal Commission, the government is dragging its feet and leaving older Australians to live with tooth pain and ongoing, preventable disease.” 

Visit to New York for the United Nations General Assembly High Level Week

Foreign Minister Penny Wong will lead Australia’s delegation to the 78th session of the United Nations General Assembly from 18 to 23 September.

Assistant Minister for Climate Change and Energy Jenny McAllister will join the Foreign Minister in New York to continue the Australian Government’s global engagement on climate change, including at the United Nations’ Climate Ambition Summit.

The UN is where countries agree the rules we operate by. Australia benefits from these rules that protect our sovereignty and prevent our fate from being decided by bigger countries.

Australia has a big stake in the effort to make the United Nations fit for purpose – working with other countries to make sure it evolves for the challenges of our time.

Minister Wong will deliver Australia’s national statement, emphasising our contribution on climate and development, our commitment to UN reform and our priority of preventing conflict in our region.

The ministers will engage with a broad range of partners on our shared priorities and those of our region, including our commitment to addressing climate change and helping achieve the Sustainable Development Goals in full.

Minister for Foreign Affairs, Senator the Hon Penny Wong said:

“Australia’s commitment to multilateralism is enduring. So many of the challenges we face demand truly global solutions, and the United Nations is the only body where the whole world comes together.

“We need to ensure our institutions like the UN evolve to meet global needs. Australia is committed to reforms that benefit people everywhere and ensure no one is left behind.”

Assistant Minister for Climate Change and Energy, Senator the Hon Jenny McAllister said:

“Australia is back at the table when it comes to the international fight against climate change. Global collaboration is key to realising the economic opportunities for Australia in a net zero future.

“I look forward to promoting Australia’s constructive role on climate change at home, in the Pacific and beyond as we build momentum towards this year’s Conference of the Parties in Dubai.”