Albanese to dole out an extra ministry to the Left after landslide win
The Labor Left is poised to gain a key place in the federal ministry after winning up to a dozen seats at the election, taking a prized position vacated by former party leader Bill Shorten and extending its influence in government.
The moves depend on the final election tally, with many seats still in doubt, but have already triggered concerns in the party's Right faction about the limited options for promotion into the ministry and cabinet.
Prime Minister Anthony Albanese will convene a caucus meeting in Parliament House on Friday to mark the historic victory last Saturday and formalise the vote on the membership of the ministry, clearing the way for him to allocate the portfolios.
The caucus will increase from 103 members and senators before the election to at least 110 and as many as 121 after the votes are finalised.
The Labor Left will add more members to the caucus than the Right, shifting the balance of power within the parliamentary party and so giving it another position in the ministry.
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Incoming Tasmanian MP Rebecca White, a former state opposition leader, is seen as a likely appointment to the ministry in the Left faction vote. The other leading candidates are Ged Kearney, a former president of the ACTU, and Jess Walsh, an economist and former union official.
The three Left faction members are in line to replace the position in the ministry vacated by Shorten before the election, but this is likely to mean a place in the outer ministry rather than cabinet.
Albanese elevated Aged Care Minister Anika Wells to cabinet before the election, filling Shorten's position at that level with a prominent member of the Queensland Right.
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The Advertiser
2 hours ago
- The Advertiser
Premier cans privatisations amid political turmoil
No state-owned businesses will be sold off, the Tasmanian premier has declared, following a week of political turmoil. Liberal leader Jeremy Rockliff has ruled out privatisations in an attempt to diffuse opposition attacks, with the possibility of selling some government entities among Labor's reasons for moving a vote of no confidence against the premier. Prominent economist Saul Eslake had been preparing a report on viable opportunities to sell government-owned businesses to support the state's troubled finances. Mr Rockliff has now put a stop to that work. "Labor has forced this early election on the deceitful campaign that our government intends to divest government-owned businesses – before Mr Eslake's work is even completed," he said on Saturday. But Labor shadow treasurer Josh Willie said privatising government assets was "in their DNA" regardless of the latest statements from the premier. "They didn't take it to the last election and they tried to sell Tasmanian assets," he told reporters in Hobart on Saturday. "So they will try to do it again, and the only way to stop them is to not vote for them." The political ructions look to set send Tasmanians back to the polls for the fourth time in seven years unless the Liberal party opts to remove Mr Rockliff and negotiate a new deal with crossbenchers. An election could be called on Tuesday. Senior Liberal figures including Senator Jonno Duniam are calling the prospect of a snap election "nuts". "I would have thought every effort should be put into not going to an election ... the people that lose out most in all this - forget the parliamentarians - it's the people of Tassie," he told ABC Radio. Analysts tip an unpredictable campaign given the nature of the political drama, with candidates from the federal election in May adding another dimension. Ex-federal Liberal MP Bridget Archer is viewed as a likely candidate in Bass should Mr Rockliff hang on. Anti-salmon independent Peter George, who ran Julie Collins close in the safe federal seat of Franklin, told AAP he was considering his options. Opposition leader Dean Winter moved the no-confidence motion due to the state budget, which included ballooning deficits and debt forecasts and the proposals to privatise state assets. However, it's the stadium that looms as the biggest issue. Veteran political campaigner Brad Stansfield, who has worked on the Liberals' last four election wins, said it would be issue No.1. "At the last election ... we mostly kept it hidden from the campaign," he said on his FontCast podcast. "This campaign is going to be the referendum on the AFL stadium that we haven't yet had. It is coming like a steam train." The roofed Macquarie Point stadium is a condition of an AFL licence, with the state government responsible for delivery and cost overruns. But recent polls suggest Tasmanians are not sold on the need for a new stadium. Labor and the Liberals support the stadium, but Mr Stansfield said Mr Rockliff would be the one to pay the electoral price. "If you don't like the stadium, you will vote against the Liberals," he said. Roland Browne, spokesperson for the anti-stadium Our Place group, told AAP they would campaign if there was an election. Mr Browne said he could see a scenario where one or both of the major parties would join the Greens in opposing the project. No state-owned businesses will be sold off, the Tasmanian premier has declared, following a week of political turmoil. Liberal leader Jeremy Rockliff has ruled out privatisations in an attempt to diffuse opposition attacks, with the possibility of selling some government entities among Labor's reasons for moving a vote of no confidence against the premier. Prominent economist Saul Eslake had been preparing a report on viable opportunities to sell government-owned businesses to support the state's troubled finances. Mr Rockliff has now put a stop to that work. "Labor has forced this early election on the deceitful campaign that our government intends to divest government-owned businesses – before Mr Eslake's work is even completed," he said on Saturday. But Labor shadow treasurer Josh Willie said privatising government assets was "in their DNA" regardless of the latest statements from the premier. "They didn't take it to the last election and they tried to sell Tasmanian assets," he told reporters in Hobart on Saturday. "So they will try to do it again, and the only way to stop them is to not vote for them." The political ructions look to set send Tasmanians back to the polls for the fourth time in seven years unless the Liberal party opts to remove Mr Rockliff and negotiate a new deal with crossbenchers. An election could be called on Tuesday. Senior Liberal figures including Senator Jonno Duniam are calling the prospect of a snap election "nuts". "I would have thought every effort should be put into not going to an election ... the people that lose out most in all this - forget the parliamentarians - it's the people of Tassie," he told ABC Radio. Analysts tip an unpredictable campaign given the nature of the political drama, with candidates from the federal election in May adding another dimension. Ex-federal Liberal MP Bridget Archer is viewed as a likely candidate in Bass should Mr Rockliff hang on. Anti-salmon independent Peter George, who ran Julie Collins close in the safe federal seat of Franklin, told AAP he was considering his options. Opposition leader Dean Winter moved the no-confidence motion due to the state budget, which included ballooning deficits and debt forecasts and the proposals to privatise state assets. However, it's the stadium that looms as the biggest issue. Veteran political campaigner Brad Stansfield, who has worked on the Liberals' last four election wins, said it would be issue No.1. "At the last election ... we mostly kept it hidden from the campaign," he said on his FontCast podcast. "This campaign is going to be the referendum on the AFL stadium that we haven't yet had. It is coming like a steam train." The roofed Macquarie Point stadium is a condition of an AFL licence, with the state government responsible for delivery and cost overruns. But recent polls suggest Tasmanians are not sold on the need for a new stadium. Labor and the Liberals support the stadium, but Mr Stansfield said Mr Rockliff would be the one to pay the electoral price. "If you don't like the stadium, you will vote against the Liberals," he said. Roland Browne, spokesperson for the anti-stadium Our Place group, told AAP they would campaign if there was an election. Mr Browne said he could see a scenario where one or both of the major parties would join the Greens in opposing the project. No state-owned businesses will be sold off, the Tasmanian premier has declared, following a week of political turmoil. Liberal leader Jeremy Rockliff has ruled out privatisations in an attempt to diffuse opposition attacks, with the possibility of selling some government entities among Labor's reasons for moving a vote of no confidence against the premier. Prominent economist Saul Eslake had been preparing a report on viable opportunities to sell government-owned businesses to support the state's troubled finances. Mr Rockliff has now put a stop to that work. "Labor has forced this early election on the deceitful campaign that our government intends to divest government-owned businesses – before Mr Eslake's work is even completed," he said on Saturday. But Labor shadow treasurer Josh Willie said privatising government assets was "in their DNA" regardless of the latest statements from the premier. "They didn't take it to the last election and they tried to sell Tasmanian assets," he told reporters in Hobart on Saturday. "So they will try to do it again, and the only way to stop them is to not vote for them." The political ructions look to set send Tasmanians back to the polls for the fourth time in seven years unless the Liberal party opts to remove Mr Rockliff and negotiate a new deal with crossbenchers. An election could be called on Tuesday. Senior Liberal figures including Senator Jonno Duniam are calling the prospect of a snap election "nuts". "I would have thought every effort should be put into not going to an election ... the people that lose out most in all this - forget the parliamentarians - it's the people of Tassie," he told ABC Radio. Analysts tip an unpredictable campaign given the nature of the political drama, with candidates from the federal election in May adding another dimension. Ex-federal Liberal MP Bridget Archer is viewed as a likely candidate in Bass should Mr Rockliff hang on. Anti-salmon independent Peter George, who ran Julie Collins close in the safe federal seat of Franklin, told AAP he was considering his options. Opposition leader Dean Winter moved the no-confidence motion due to the state budget, which included ballooning deficits and debt forecasts and the proposals to privatise state assets. However, it's the stadium that looms as the biggest issue. Veteran political campaigner Brad Stansfield, who has worked on the Liberals' last four election wins, said it would be issue No.1. "At the last election ... we mostly kept it hidden from the campaign," he said on his FontCast podcast. "This campaign is going to be the referendum on the AFL stadium that we haven't yet had. It is coming like a steam train." The roofed Macquarie Point stadium is a condition of an AFL licence, with the state government responsible for delivery and cost overruns. But recent polls suggest Tasmanians are not sold on the need for a new stadium. Labor and the Liberals support the stadium, but Mr Stansfield said Mr Rockliff would be the one to pay the electoral price. "If you don't like the stadium, you will vote against the Liberals," he said. Roland Browne, spokesperson for the anti-stadium Our Place group, told AAP they would campaign if there was an election. Mr Browne said he could see a scenario where one or both of the major parties would join the Greens in opposing the project. No state-owned businesses will be sold off, the Tasmanian premier has declared, following a week of political turmoil. Liberal leader Jeremy Rockliff has ruled out privatisations in an attempt to diffuse opposition attacks, with the possibility of selling some government entities among Labor's reasons for moving a vote of no confidence against the premier. Prominent economist Saul Eslake had been preparing a report on viable opportunities to sell government-owned businesses to support the state's troubled finances. Mr Rockliff has now put a stop to that work. "Labor has forced this early election on the deceitful campaign that our government intends to divest government-owned businesses – before Mr Eslake's work is even completed," he said on Saturday. But Labor shadow treasurer Josh Willie said privatising government assets was "in their DNA" regardless of the latest statements from the premier. "They didn't take it to the last election and they tried to sell Tasmanian assets," he told reporters in Hobart on Saturday. "So they will try to do it again, and the only way to stop them is to not vote for them." The political ructions look to set send Tasmanians back to the polls for the fourth time in seven years unless the Liberal party opts to remove Mr Rockliff and negotiate a new deal with crossbenchers. An election could be called on Tuesday. Senior Liberal figures including Senator Jonno Duniam are calling the prospect of a snap election "nuts". "I would have thought every effort should be put into not going to an election ... the people that lose out most in all this - forget the parliamentarians - it's the people of Tassie," he told ABC Radio. Analysts tip an unpredictable campaign given the nature of the political drama, with candidates from the federal election in May adding another dimension. Ex-federal Liberal MP Bridget Archer is viewed as a likely candidate in Bass should Mr Rockliff hang on. Anti-salmon independent Peter George, who ran Julie Collins close in the safe federal seat of Franklin, told AAP he was considering his options. Opposition leader Dean Winter moved the no-confidence motion due to the state budget, which included ballooning deficits and debt forecasts and the proposals to privatise state assets. However, it's the stadium that looms as the biggest issue. Veteran political campaigner Brad Stansfield, who has worked on the Liberals' last four election wins, said it would be issue No.1. "At the last election ... we mostly kept it hidden from the campaign," he said on his FontCast podcast. "This campaign is going to be the referendum on the AFL stadium that we haven't yet had. It is coming like a steam train." The roofed Macquarie Point stadium is a condition of an AFL licence, with the state government responsible for delivery and cost overruns. But recent polls suggest Tasmanians are not sold on the need for a new stadium. Labor and the Liberals support the stadium, but Mr Stansfield said Mr Rockliff would be the one to pay the electoral price. "If you don't like the stadium, you will vote against the Liberals," he said. Roland Browne, spokesperson for the anti-stadium Our Place group, told AAP they would campaign if there was an election. Mr Browne said he could see a scenario where one or both of the major parties would join the Greens in opposing the project.
The Advertiser
2 hours ago
- The Advertiser
Budget blowout, $1b stadium and new ships sink premier
HOW JEREMY ROCKLIFF'S MINORITY LIBERAL GOVERNMENT WAS LEFT IN TATTERS ELECTORAL REFORM * On taking office in 2022, one of Mr Rockliff's first acts as Tasmanian premier was to back the return of a 35-seat House of Assembly, up from 25, to reduce the workload on ministers and MPs * Given Tasmania's Senate-like lower house, this made it easier for independents and Greens to win seats, producing a hung parliament at the 2024 election MINORITY MAYHEM * Mr Rockliff's Liberals suffered a 12 per cent swing against them at the 2024 poll but remained parliament's biggest party, with 14 MPs to Labor's 10 and the five Greens * To govern, Mr Rockliff signed deals with five other crossbenchers, including various promises he has struggled to fulfil, straining relationships SPIRITS SAGA * The biggest turbulence for the Rockliff government has been its botched replacement of Spirit of Tasmania ferries, the critical sea link to the mainland * Two Finland-built ships were due in 2024, but the new berth in Devonport won't be ready until 2026, with costs blowing out from $90 million to $495 million * Michael Ferguson took the fall, resigning as infrastructure minister in August and then, as a no-confidence motion loomed, as Treasurer in October AFL ASPIRATION * An Australian Rules state to its boots, Tasmania has always coveted a place in the AFL and got it in 2022 when a bid championed by former premier Peter Gutwein was realised by Mr Rockliff * The deal came with strings attached - the AFL will pay the least, but demands a roofed stadium close to the inner-city * The federal government does not pay as much as the state government, which also crucially, is on the hook for cost overruns - already into the hundreds of millions STADIUM STRUGGLES * The huge stadium project has drawn opposition, with some saying it's in the wrong spot, including Hobart City Council and the RSL, given the proximity to heritage and a nearby war memorial * Economists attack dubious return-on-investment projections; engineers doubt the feasibility of the Macquarie Point site, and those outside of Hobart feel it's an over-the-top investment, especially given the state's health and housing woes BUDGET BLOWOUT * The final straw - at least to Labor - was new Treasurer Guy Barnett's budget unveiled in May * The Liberals unveiled deficits as far as the eye could see and ballooning debt to $10 billion - a huge amount for a state of 550,000 people * The blowout drew huge criticism inside and outside parliament LABOR EMBOLDENED * The Labor opposition has suffered four election defeats in a row, the past three under Rebecca White, but has enjoyed a poll uptick under new leader Dean Winter * Mr Winter sees a government on the ropes and enough of the crossbench agree * Labor was emboldened by the huge support Tasmanians offered to candidates in the federal election, with four of the five seats now in Labor hands DEADLOCK BROKEN * After two days of debate, a vote on Mr Winter's motion of no confidence was finally taken * With the result locked at 17-17, Labor speaker Michelle O'Byrne cast a deciding vote with her party, ending Mr Rockliff's premiership * Mr Winter ruled out forming government in a deal with the Greens - without which Labor doesn't have the numbers - in effect making an election a certainty WHAT NEXT? * Parliament will resume to pass an emergency funding bill so essential government services can continue beyond July 1 * Once the bills pass both houses of parliament, Mr Rockliff says he will visit Governor Barbara Baker to call an election, likely in late July * There remains the prospect that Mr Rockliff - who is wedded to the stadium project - could depart as leader, allowing the Liberals a fresh chance to cobble together another minority government without an election, and perhaps the stadium HOW JEREMY ROCKLIFF'S MINORITY LIBERAL GOVERNMENT WAS LEFT IN TATTERS ELECTORAL REFORM * On taking office in 2022, one of Mr Rockliff's first acts as Tasmanian premier was to back the return of a 35-seat House of Assembly, up from 25, to reduce the workload on ministers and MPs * Given Tasmania's Senate-like lower house, this made it easier for independents and Greens to win seats, producing a hung parliament at the 2024 election MINORITY MAYHEM * Mr Rockliff's Liberals suffered a 12 per cent swing against them at the 2024 poll but remained parliament's biggest party, with 14 MPs to Labor's 10 and the five Greens * To govern, Mr Rockliff signed deals with five other crossbenchers, including various promises he has struggled to fulfil, straining relationships SPIRITS SAGA * The biggest turbulence for the Rockliff government has been its botched replacement of Spirit of Tasmania ferries, the critical sea link to the mainland * Two Finland-built ships were due in 2024, but the new berth in Devonport won't be ready until 2026, with costs blowing out from $90 million to $495 million * Michael Ferguson took the fall, resigning as infrastructure minister in August and then, as a no-confidence motion loomed, as Treasurer in October AFL ASPIRATION * An Australian Rules state to its boots, Tasmania has always coveted a place in the AFL and got it in 2022 when a bid championed by former premier Peter Gutwein was realised by Mr Rockliff * The deal came with strings attached - the AFL will pay the least, but demands a roofed stadium close to the inner-city * The federal government does not pay as much as the state government, which also crucially, is on the hook for cost overruns - already into the hundreds of millions STADIUM STRUGGLES * The huge stadium project has drawn opposition, with some saying it's in the wrong spot, including Hobart City Council and the RSL, given the proximity to heritage and a nearby war memorial * Economists attack dubious return-on-investment projections; engineers doubt the feasibility of the Macquarie Point site, and those outside of Hobart feel it's an over-the-top investment, especially given the state's health and housing woes BUDGET BLOWOUT * The final straw - at least to Labor - was new Treasurer Guy Barnett's budget unveiled in May * The Liberals unveiled deficits as far as the eye could see and ballooning debt to $10 billion - a huge amount for a state of 550,000 people * The blowout drew huge criticism inside and outside parliament LABOR EMBOLDENED * The Labor opposition has suffered four election defeats in a row, the past three under Rebecca White, but has enjoyed a poll uptick under new leader Dean Winter * Mr Winter sees a government on the ropes and enough of the crossbench agree * Labor was emboldened by the huge support Tasmanians offered to candidates in the federal election, with four of the five seats now in Labor hands DEADLOCK BROKEN * After two days of debate, a vote on Mr Winter's motion of no confidence was finally taken * With the result locked at 17-17, Labor speaker Michelle O'Byrne cast a deciding vote with her party, ending Mr Rockliff's premiership * Mr Winter ruled out forming government in a deal with the Greens - without which Labor doesn't have the numbers - in effect making an election a certainty WHAT NEXT? * Parliament will resume to pass an emergency funding bill so essential government services can continue beyond July 1 * Once the bills pass both houses of parliament, Mr Rockliff says he will visit Governor Barbara Baker to call an election, likely in late July * There remains the prospect that Mr Rockliff - who is wedded to the stadium project - could depart as leader, allowing the Liberals a fresh chance to cobble together another minority government without an election, and perhaps the stadium HOW JEREMY ROCKLIFF'S MINORITY LIBERAL GOVERNMENT WAS LEFT IN TATTERS ELECTORAL REFORM * On taking office in 2022, one of Mr Rockliff's first acts as Tasmanian premier was to back the return of a 35-seat House of Assembly, up from 25, to reduce the workload on ministers and MPs * Given Tasmania's Senate-like lower house, this made it easier for independents and Greens to win seats, producing a hung parliament at the 2024 election MINORITY MAYHEM * Mr Rockliff's Liberals suffered a 12 per cent swing against them at the 2024 poll but remained parliament's biggest party, with 14 MPs to Labor's 10 and the five Greens * To govern, Mr Rockliff signed deals with five other crossbenchers, including various promises he has struggled to fulfil, straining relationships SPIRITS SAGA * The biggest turbulence for the Rockliff government has been its botched replacement of Spirit of Tasmania ferries, the critical sea link to the mainland * Two Finland-built ships were due in 2024, but the new berth in Devonport won't be ready until 2026, with costs blowing out from $90 million to $495 million * Michael Ferguson took the fall, resigning as infrastructure minister in August and then, as a no-confidence motion loomed, as Treasurer in October AFL ASPIRATION * An Australian Rules state to its boots, Tasmania has always coveted a place in the AFL and got it in 2022 when a bid championed by former premier Peter Gutwein was realised by Mr Rockliff * The deal came with strings attached - the AFL will pay the least, but demands a roofed stadium close to the inner-city * The federal government does not pay as much as the state government, which also crucially, is on the hook for cost overruns - already into the hundreds of millions STADIUM STRUGGLES * The huge stadium project has drawn opposition, with some saying it's in the wrong spot, including Hobart City Council and the RSL, given the proximity to heritage and a nearby war memorial * Economists attack dubious return-on-investment projections; engineers doubt the feasibility of the Macquarie Point site, and those outside of Hobart feel it's an over-the-top investment, especially given the state's health and housing woes BUDGET BLOWOUT * The final straw - at least to Labor - was new Treasurer Guy Barnett's budget unveiled in May * The Liberals unveiled deficits as far as the eye could see and ballooning debt to $10 billion - a huge amount for a state of 550,000 people * The blowout drew huge criticism inside and outside parliament LABOR EMBOLDENED * The Labor opposition has suffered four election defeats in a row, the past three under Rebecca White, but has enjoyed a poll uptick under new leader Dean Winter * Mr Winter sees a government on the ropes and enough of the crossbench agree * Labor was emboldened by the huge support Tasmanians offered to candidates in the federal election, with four of the five seats now in Labor hands DEADLOCK BROKEN * After two days of debate, a vote on Mr Winter's motion of no confidence was finally taken * With the result locked at 17-17, Labor speaker Michelle O'Byrne cast a deciding vote with her party, ending Mr Rockliff's premiership * Mr Winter ruled out forming government in a deal with the Greens - without which Labor doesn't have the numbers - in effect making an election a certainty WHAT NEXT? * Parliament will resume to pass an emergency funding bill so essential government services can continue beyond July 1 * Once the bills pass both houses of parliament, Mr Rockliff says he will visit Governor Barbara Baker to call an election, likely in late July * There remains the prospect that Mr Rockliff - who is wedded to the stadium project - could depart as leader, allowing the Liberals a fresh chance to cobble together another minority government without an election, and perhaps the stadium HOW JEREMY ROCKLIFF'S MINORITY LIBERAL GOVERNMENT WAS LEFT IN TATTERS ELECTORAL REFORM * On taking office in 2022, one of Mr Rockliff's first acts as Tasmanian premier was to back the return of a 35-seat House of Assembly, up from 25, to reduce the workload on ministers and MPs * Given Tasmania's Senate-like lower house, this made it easier for independents and Greens to win seats, producing a hung parliament at the 2024 election MINORITY MAYHEM * Mr Rockliff's Liberals suffered a 12 per cent swing against them at the 2024 poll but remained parliament's biggest party, with 14 MPs to Labor's 10 and the five Greens * To govern, Mr Rockliff signed deals with five other crossbenchers, including various promises he has struggled to fulfil, straining relationships SPIRITS SAGA * The biggest turbulence for the Rockliff government has been its botched replacement of Spirit of Tasmania ferries, the critical sea link to the mainland * Two Finland-built ships were due in 2024, but the new berth in Devonport won't be ready until 2026, with costs blowing out from $90 million to $495 million * Michael Ferguson took the fall, resigning as infrastructure minister in August and then, as a no-confidence motion loomed, as Treasurer in October AFL ASPIRATION * An Australian Rules state to its boots, Tasmania has always coveted a place in the AFL and got it in 2022 when a bid championed by former premier Peter Gutwein was realised by Mr Rockliff * The deal came with strings attached - the AFL will pay the least, but demands a roofed stadium close to the inner-city * The federal government does not pay as much as the state government, which also crucially, is on the hook for cost overruns - already into the hundreds of millions STADIUM STRUGGLES * The huge stadium project has drawn opposition, with some saying it's in the wrong spot, including Hobart City Council and the RSL, given the proximity to heritage and a nearby war memorial * Economists attack dubious return-on-investment projections; engineers doubt the feasibility of the Macquarie Point site, and those outside of Hobart feel it's an over-the-top investment, especially given the state's health and housing woes BUDGET BLOWOUT * The final straw - at least to Labor - was new Treasurer Guy Barnett's budget unveiled in May * The Liberals unveiled deficits as far as the eye could see and ballooning debt to $10 billion - a huge amount for a state of 550,000 people * The blowout drew huge criticism inside and outside parliament LABOR EMBOLDENED * The Labor opposition has suffered four election defeats in a row, the past three under Rebecca White, but has enjoyed a poll uptick under new leader Dean Winter * Mr Winter sees a government on the ropes and enough of the crossbench agree * Labor was emboldened by the huge support Tasmanians offered to candidates in the federal election, with four of the five seats now in Labor hands DEADLOCK BROKEN * After two days of debate, a vote on Mr Winter's motion of no confidence was finally taken * With the result locked at 17-17, Labor speaker Michelle O'Byrne cast a deciding vote with her party, ending Mr Rockliff's premiership * Mr Winter ruled out forming government in a deal with the Greens - without which Labor doesn't have the numbers - in effect making an election a certainty WHAT NEXT? * Parliament will resume to pass an emergency funding bill so essential government services can continue beyond July 1 * Once the bills pass both houses of parliament, Mr Rockliff says he will visit Governor Barbara Baker to call an election, likely in late July * There remains the prospect that Mr Rockliff - who is wedded to the stadium project - could depart as leader, allowing the Liberals a fresh chance to cobble together another minority government without an election, and perhaps the stadium
Sky News AU
6 hours ago
- Sky News AU
‘Whitlam-esque': Zoe McKenzie blasts Labor's divisive tax hike on super accounts, slams Tasmanian opposition for triggering early election
Victorian Liberal MP Zoe McKenzie has lambasted Labor for continuing to advance its plan to hike taxes on superannuation accounts and impose levies on unrealised gains whilst hammering the Tasmanian opposition for sending punters to a winter election. Labor's plan to raise taxes on superannuation accounts over $3 million to 30 per cent and to target unrealised capital gains has sent shockwaves throughout the political and business arena, with financial doyens accusing the government of discarding decades of precedent. The Coalition was previously in talks with the Albanese government to revise certain elements of the legislation, chiefly the concept of taxing unrealised gains, however shadow Treasurer Ted O'Brien officially confirmed on Thursday the LNP would oppose the bill. Yet, former Reserve Bank board members Donald McGauchie and Roger Corbett, in addition to a litany of major Liberal Party donors, have pressed the Coalition to remain at the negotiating table and to secure what it deems crucial exemptions for illiquid assets including farms and small businesses. Ms McKenzie, an outspoken moderate who holds one of the Liberal's last outer-suburban seats, railed against the policy, but did not address if the Coalition would resume talks with Labor to modify the legislation. 'I think this is a terrible piece of policy and a terrible precedent for the future, Labor is effectively saying that they will tax money in your pocket, and you do not yet have this money,' she told Sky News on Saturday. The Member for Flinders echoed criticism from industry magnates in relation to the controversial concept of taxing unrealised gains, stating, 'you may have it in the future, you may not have it in the future, but you will be taxed on it'. 'You may incur a loss in the figure, and you won't get that tax back and that's the principle that we must fight here, because once it's started, it could go anywhere,' indicating that the tax could be extended to a range of other assets including real estate and stocks. 'This is a devilish tax and should be fought by the Coalition parties most stridently, this government is very good at speaking liberal-light in terms of their economic narrative, but it is utterly Whitlam-esque in terms of its impact on the Australian economy'. While the Coalition has vowed to fight the legislation, the bill is expected to pass both houses of parliament unopposed, with the Greens joining with Labor in the Senate despite lobbying for the policy to be levied on those with super accounts over $2 million. 'The point is they're going after money no one yet has, these are paper profits, these are family businesses, these are farms held in super funds that people may well have to liquidate just to pass a putative profit that may not exist when finally realised in years to come," Ms McKenzie said. 'They will need the Greens support in the Senate and as you know, the Greens are pushing to lower that threshold from three million to two million. So, it gives the Australian people a very clear indication of what might happen when Labor and the Greens run the show for the next three years'. The shadow assistant minister then turned her attention to the ongoing political chaos in Tasmania. Liberal Premier Jeremy Rockliff lost a no-confidence motion in parliament on Thursday, with the speaker casting the deciding vote, resulting in the state heading to it's second election in as little as 14 months. Ms McKenzie savaged Tasmanian Labor leader Dean Winter for sending the state to a snap winter poll and argued the opposition parties had collectively torpedoed a popularly elected government. 'I think the Tasmanian people would be very disappointed with what's happened this week, basically holding an elected government hostage, so it looks like they will be going back to a mid-winter election. We've all done them and they're horrendous," she said. 'I'm sure the people of Tasmania will not be grateful for being dragged back to the polls so soon after a federal election and indeed just 14 months after a state election." Tasmanians will have to wait until next Tuesday to find out when they will return to the polls, with the parliament scrambling to draft emergency legislation to fund government services of which are due to be tabled on the same day. Independent MPs including Craig Garland have called on the beleaguered Premier to resign, with Mr Rockliff guaranteeing he would not sell off state-owned assets to pay down debt if he won the election, of which served as a key factor in sparking the political row.
