logo
Anthony Albanese dodges huge tax question every Aussie wants answered after Treasury accidentally released secret advice telling the PM to raise it

Anthony Albanese dodges huge tax question every Aussie wants answered after Treasury accidentally released secret advice telling the PM to raise it

Daily Mail​17 hours ago
Anthony Albanese has refused to say whether or not he will raise taxes after Treasury advised a hike to fix the federal Budget deficit.
Insiders host David Speers grilled the prime minister on the topic on Sunday following revelations Treasury had made the suggestion.
In an extraordinary blunder, bureaucrats mistakenly released parts of a secret briefing document given to the incoming Labor government in response to an ABC Freedom of Information request.
In the briefing notes, officials told Treasurer Jim Chalmers that 'tax should be raised as part of broader tax reform' to make the federal Budget 'sustainable' as Treasury forecasts years of Budget deficits.
The officials suggested the government 'build on' its superannuation tax and raise 'indirect taxes', such as those on alcohol and tobacco, with personal income taxes now making up more than half of Commonwealth revenue.
'Is Treasury right? Do we need to increase the tax take?' Speers asked Albanese.
'Well, what we need to do is to make sure that our tax system is fair, and we will always do that,' the prime minister replied.
Speers repeated his question, before Albanese avoided answering for a second time.
'Well, what we need to do is get fiscal policy right,' he said.
Speers asked what that meant for voters, and if it directly translated to increasing the total amount of taxation.
'What it means is what we've done, which is we produced two budget surpluses and we've reduced the budget deficit going forward, compared with what it was anticipated to be before we were elected,' Albanese said.
The prime minister reasoned Treasury advice was not government policy, and said he encouraged departments to put forward their advice.
He said his Labor government would keep a close eye on the budget and 'be responsible'.
'But surely you have an idea, as to when you look at the budget, whether you agree that tax needs to go up and spending needs to go down to fix it?' Speers asked a third time
'What I agree to is what we do in the Expenditure Review Committee, that's already begun meeting... [and] examine each policy to make sure that there's value for money,' Albanese said.
He also said other policies like his superannuation tax changes would 'come in time'.
The Treasury advice was accidentally provided to the ABC along with other documents in response to a Freedom of Information request.
While the document featured the typical redactions, a Treasury official forgot to black out sensitive headings and subheadings, disclosing secret and politically damaging information.
The advice forecast years of budget deficits.
Officials suggested the government 'build on' its superannuation tax and raise 'indirect taxes', such as those on alcohol and tobacco, with personal income taxes now making up more than half of Commonwealth revenue.
The document also shows officials bluntly told Labor that the party's pledge to build 1.2million homes over five years in response to the housing crisis 'will not be met'.
Labor is already seeking to increase taxes on super balances above $3million.
Chalmers at the time declined to rule out any new tax hikes ahead of the August economic roundtable.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Horse racing faces ‘grave risk' from new betting tax bombshell, bosses warn
Horse racing faces ‘grave risk' from new betting tax bombshell, bosses warn

The Sun

time27 minutes ago

  • The Sun

Horse racing faces ‘grave risk' from new betting tax bombshell, bosses warn

A LOOMING tax on horserace betting would wipe £330million off the industry in just five years and risk thousands of jobs, bosses have warned. The levy has been branded an existential threat to the beloved spectator sport and sparked urgent calls for a climbdown. 1 Ministers are proposing to raise the 15 per cent tax on horserace bets into line with the 21 per cent for online casinos. Devastating analysis has revealed this could cost the sector £66million every year and put up to 2,752 people out of a job. Towns where racecourses are a big source of employment - like Doncaster and York - would be particularly affected. The British Horseracing Association has warned this would send the sport into 'irreversible decline' in a blow to the five million racegoers who attend every year. Chief executive Brant Dunshea said: 'This latest tax bombshell from the Government, if followed through, poses one of the gravest risks to horseracing the sport has ever seen. 'The horseracing industry is already in a precarious financial position, and the latest research provides a much more catastrophic forecast than we first thought. 'We're talking thousands of jobs at risk across the supply chain, severely impacted towns and communities, and the irreversible decline of the country's second most popular sport.' David Menuisier, a trainer at Coombelands Racing Stables, added: 'Racing is much more than just a sport in this country. 'It brings fun and excitement to millions and is a major local employer, particularly here in West Sussex as we prepare for another fantastic year at Goodwood.' A Treasury spokesperson said: 'We are consulting on bringing the treatment of online betting in line with other forms of online gambling to cut down bureaucracy - it is not about increasing or decreasing rates, and we welcome views from all stakeholders including businesses, trade bodies, the third sector and individuals.'

Britain is ready to fight if conflict breaks out over Taiwan, says Defence Secretary John Healey
Britain is ready to fight if conflict breaks out over Taiwan, says Defence Secretary John Healey

Daily Mail​

time2 hours ago

  • Daily Mail​

Britain is ready to fight if conflict breaks out over Taiwan, says Defence Secretary John Healey

Defence Secretary John Healey has said Britain is ready to fight if conflict breaks out over Taiwan. The island nation has long been at loggerheads with China, strongly rejecting Beijing 's claim to sovereignty over it after the countries separated in the late forties. China's president Xi Jinping has previously said he would not rule out using force in the 'reunification of the motherland'. And now Mr Healey, when asked what the UK is doing to help countries like Taiwan prepare for potential Chinese escalation, has said Britain would fight in the Pacific. He was speaking on a visit to the HMS Prince of Wales, docked in the Australian city of Darwin, with the country's deputy prime minister and defence minister Richard Marles. He told The Telegraph, during the carrier group's nine-month Pacific deployment: 'If we have to fight, as we have done in the past, Australia and the UK are nations that will fight together. 'We exercise together and by exercising together and being more ready to fight, we deter better together.' These are some of the strongest words ever issued by the British government on the topic of potential engagement in any conflict in the region. The island nation has long been at loggerheads with China, strongly rejecting Beijing's claim to sovereignty over it after the countries separated in the late forties. Pictured: From second left, Mr Healey, Australian deputy prime minister and minister for defence Richard Marles, British foreign secretary David Lammy and Australian foreign minster Penny Wong on the visit to the HMS Prince of Wales aircraft carrier today But the minister emphasised he was talking in 'general terms' - and the UK would prefer any disputes there were resolved 'peacefully' and 'diplomatically'. 'We secure peace through strength, and our strength comes from our allies', he added. Experts have previously warned an invasion of Taiwan could cause a large-scale conflict, pulling in nations from across the world. It is because the country manufactures most advanced computer chips. Mr Healey said 'threats' in the Indo-Pacific region are on the rise. It follows the Chinese military taking control of contentious reefs - and was accused of intimidating its neighbours there. The Defence Secretary's remarks also come as the HMS Prince of Wales carrier group sails with advanced F-35 fighter jets from Singapore to northern Australia for the first time in nearly 40 years. The fleet will continue on to Japan, likely coming close to Taiwan. The Defence Secretary's remarks also come as the HMS Prince of Wales carrier group (pictured on the visit today) sails with advanced F-35 fighter jets from Singapore to northern Australia for the first time in nearly 40 years Deploying the strike carrier group, which is the UK's largest of its kind, in the Pacific for nine-months shows Britain is aware of increasing threats in the region. Sending it to Darwin in particular indicates close ties between the UK and Australia - key to any potential conflict in the Indo-Pacific. Indeed, Mr Healey noted such a partnership was especially important currently, as threats in the region increase. The defence secretary emphasised the UK's interest in international rules, stability and security, as well as both freedom of the seas and navigation in the area. British officials have previously not commented on whether the UK would intervene in any conflict in the region. This is in line with the United States' stance, which has been dubbed 'strategic ambiguity' - and most other nations follow it too. Two Royal Navy patrol vessels are stationed permanently in the region. The UK government recognised, in its National Security Strategy published earlier this year: 'There is a particular risk of escalation around Taiwan.' Former defence secretary Gavin Williamson (pictured in 2019) said the UK is probably becoming more candid on its stance on the matter as threats in the Indo-Pacific increase. Former defence secretary Gavin Williamson said the UK is probably becoming more candid on its stance on the matter as threats in the Indo-Pacific increase. 'I think there's a realisation that by being completely silent it doesn't make it more or less likely', he explained. Deterrence, he added, involves making clear the consequences that will come if others act dangerously or maliciously. Mr Williamson, who led the MoD from 2017 to 2019, added it is important someone as prominent as the British defence secretary is clear actions have consequences. Former US president Joe Biden has previously broken strategic ambiguity on several occasions, saying the US would support Taiwan against China. His successor Donald Trump has not done this - but Pentagon officials are said to be preparing for conflict. His government has said it will review its membership of the AUKUS security agreement, between the US, Australia and the UK. It comes as part of Mr Trump's 'America first' approach. Australian prime minister Anthony Albanese has also not spoken out whether the nation would join the US and other allies to fight China in any conflict in the region. He refused to comment on the matter last week. The UK and Australia have made a renewed commitment to each other in recent times. The two nations signed the Geelong Treaty this weekend - a 50-year agreement cementing their commitment to the AUKUS pact. It also commits them to building a new fleet of nuclear-powered submarines. The HMS Prince of Wales anchoring in Darwin marks the first time a British carrier strike group has docked in Australia. It is also the first time a non-US carrier has taken part in Australia's annual military drills, the so-called Talisman Sabre. The event this year was the largest it has ever been. While the UK is turning more of its attention to the Indo-Pacific, Mr Healey (pictured on the visit today) confirmed there would be no change to its level of engagement with Taiwan Foreign secretary David Lammy also boarded the HMS Prince of Wales, on the same day as and just before his colleague Mr Healey. He has previously said Britain plans to undertake more freedom of navigation operations in the Taiwan Strait. Last month, a Royal Navy patrol ship, the HMS Spey, moved through the strait - which was praised by Taiwan but frowned upon by China. Britain does not comment on the future movements of its vessels. But it is thought the HMS Prince of Wales will soon also travel through the strait on its way to South Korea and Japan. While the UK is turning more of its attention to the Indo-Pacific, Mr Healey confirmed there would be no change to its level of engagement with Taiwan. Mr Williamson said Britain would likely only alter this stance if China got increasingly aggressive.

Images of children starving in Gaza have shaken some world leaders out of inertia – but what will Labor do?
Images of children starving in Gaza have shaken some world leaders out of inertia – but what will Labor do?

The Guardian

time5 hours ago

  • The Guardian

Images of children starving in Gaza have shaken some world leaders out of inertia – but what will Labor do?

Images of emaciated, skeletal children in Gaza landed on news outlets' front pages last week. It seemed to shake some world leaders and ordinary citizens out of a stupor. It's a year and nine months since Israel began laying siege and raining devastation on Gaza, after the slaughter of Hamas' 7 October terror attacks. After 21 months of bombing and civilian death tolls now reported in the tens of thousands, a new word has begun appearing ever more prominently in media coverage. Famine. Not a famine driven by extreme weather, crop failure or pest infestation, but an entirely human-made famine. The type that could be fixed with the stroke of a pen, a bureaucratic shift, a political agreement. Sign up: AU Breaking News email It's why, half a world away in Australia, Anthony Albanese's government will enter its first full week of federal parliament under pressure, facing calls from outside and inside its ranks to do more. My colleague Benita Kolovos' exclusive on Monday, that Victorian Labor's state conference will probably back a series of motions urging the federal government to immediately recognise a Palestinian state and sanction Israel – expanding existing sanctions on two Israeli ministers – is the latest pressure point on Albanese and the foreign minister, Penny Wong, to do more, and faster. It's also a demonstration of the emotion of the party's rank-and-file members. The intervention of former Labor foreign minister Bob Carr on Friday, calling for immediate recognition of Palestine and sanctions against Israel's leader, Benjamin Netanyahu, was significant. Former cabinet minister Ed Husic, Labor's most publicly thoughtful and compassionate voice on Gaza, said 'the time is now'. Their comments came two days after Labor condemned Greens senator Mehreen Faruqi for holding a sign reading 'sanction Israel now' during the opening of parliament. Albanese, Wong and the government say Australia is not a major player in the Middle East, that they have consistently called for adherence to international law, and have contributed large sums in aid – $100m, Wong said on Friday. All true. But according to Palestine supporters inside Labor, there is 'near unanimous' sentiment in party ranks for the government to move beyond statements to concrete actions of the kind it has so far downplayed. Even if it means leading or moving ahead of global sentiment. Wong joined more than two dozen countries last week, expressing horror at hundreds of Palestinians' deaths at aid sites. It was notable, then, that Albanese still felt the need to put out an extra statement, with stronger language, days later. On Sunday, Albanese went further again, explicitly accused Israel of breaching international law. That's not nothing. Noting those 'heartbreaking' pictures of starving children, he told Insiders: 'A one-year-old boy is not a Hamas fighter'. In the same breath, Albanese rejected 'imminently' recognising Palestine, placing conditions on such a shift – including US support – that seem months, if not years, away. But wheels are turning. There is growing outrage in Labor ranks about Gaza. The Victorian Labor motion is the latest of many, with more to come. The motion comes from Labor Friends of Palestine, an internal campaign group. It has circulated similar motions, supported by 80 (and climbing) local ALP branches, according to Peter Moss, a national co-convener. One of the latest, he tells me, is the Wentworth branch, the eastern Sydney electorate with one of Australia's highest concentrations of Jewish voters. Moss maintains there has 'never been a more urgent time to assert the rights of the Palestinian people'. Sign up to Breaking News Australia Get the most important news as it breaks after newsletter promotion Wong has said for some time Australia no longer sees Palestine's statehood as coming necessarily at the end of the peace process, which leaves open the door to recognition at any time. Albanese on Sunday, however, cautioned that US involvement 'is critical.' Still, backers say Australia wouldn't even be an outlier if it made recognition moves today. Carr said the French president, Emmanuel Macron's pledge to recognise Palestine should be enough for Australia, with no need to move in concert with the UK or US. He told me such a shift would win Albanese credit for foreign policy, for 'having a mind of our own'. It is true Albanese, Wong and Labor have spoken strongly in support of Palestinian civilians and international law, and given harsher criticism of Israel than many governments before. This has opened them to criticism from the opposition, Israel's own government and the screeching outrage machine of the right-wing press. Equally, for some, Labor haven't gone far enough. The Greens leader, Larissa Waters, said: 'Words, while welcome, won't feed starving kids.' But sentiment has seemed to shift, albeit glacially, even inside the Coalition. After Wong's statement on Tuesday, the opposition could barely muster a word for the plight of starving Palestinians in Gaza. The shadow foreign minister, Michaelia Cash, took five paragraphs to mention the 'suffering of the people of Gaza', and another two before adding 'it is important that aid flows', in a statement otherwise nearly entirely devoted to criticising Hamas – a terrorist group Labor has condemned, said can have no role in the future governance of Gaza, and must return Israeli hostages. By Friday, Cash's statement at least opened with a concession of 'strong concerns about the worsening humanitarian situation in Gaza'. Some in the Coalition are uneasy their positioning in recent days has not paid enough heed to the human-made catastrophe. But chalk that up to another issue where the opposition finds itself at a loss, dealing itself into irrelevancy. The greater issue is for Labor. On the back of a thumping election win and an energised party base, its members want the government to stand up, be bold and help set a global example. Albanese says Palestinian statehood won't come as a 'gesture', but on this issue, the party faithful have made it clear: words aren't enough.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store