Humpbacks are an Australian success story. They have two advantages most whales don't
It is peak hour on the humpback highway off the east coast of Australia, a sign of one of the greatest conservation successes of the 20th century, but half of the world's great whale species are yet to recover from commercial whaling.
During the 20th century, nearly 3 million whales were commercially harvested, driving many species to the brink of extinction. Some species have rebounded – humpback numbers on the east coast of Australia have grown from less than 100 in the 1960s to about 40,000 now.
Yet many other species such as blue whales are not doing nearly as well. Of about 15 species of great whale, the International Union for Conservation of Nature lists two as critically endangered, three as endangered, two as vulnerable and one as near threatened.
Dr Olaf Meynecke, a research fellow at the Coastal and Marine Research Centre at Griffith University, said humpback whales have two advantages.
'Humpback whales can have a calf every year if the conditions are very good, but at least every two years,' Meynecke said. 'And humpback whales can switch between different prey – different fish species or krill. They also develop advanced social feeding strategies, sharing food amongst each other and information about it.'
By contrast, Meynecke said, blue whales need to feed on krill most of the time to survive, and can only give birth every two to three years at maximum.
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Research last year from the Australian Antarctic Division suggested that blue whale populations may be starting to recover.
The World Wide Fund for Nature on Wednesday released Blue Corridors, an interactive mapping tool to show the migratory routes and range of different species.
The collaboration between WWF and more than 50 global research groups combines over 3.2 million kilometres of satellite tracking data from more than 1400 migratory whales, with information on overlapping threats and conservation solutions.
Chris Johnson, the global lead of the WWF Protecting Whales & Dolphins Initiative, said the animation collates all the data and plots it over a year to show how the whales move in both space and time. The map is launching with eight whale species, but there are plans to expand.
Johnson said this would help the Australian government update its 'biologically important areas' – critical ocean areas that are key for various species – to inform how to reduce risks such as ship traffic or noise from the seismic surveys or construction of offshore oil, gas or wind projects.
'The aim is to make this transparent and open,' Johnson said. 'Right now when there's oil and gas exploration, the data is actually owned by the company doing the environmental impact statement, and you can only find very limited data online from seismic surveys, for example.'
Minke whales and 'underwater microphones'
In a separate development, while on his industry placement at Accenture, University of Sydney student Oscar Mower, 22, developed AI technology that can recognise the song of the minke whale.
'There are millions and millions of 'hydrophones', which are underwater microphones, and they're scattered around coastlines all around the world,' Mower said. 'They pick up the very diverse ocean soundscape, and essentially what this model does is it analyses these soundscapes and identifies minke whale vocalisations.'
Mower said there was a lot of research on bigger whales, while not much was known about the migratory patterns of minke whales, but his techniques could be broadened out and applied to other species as well.
Antarctic minke whales are listed by IUCN as near threatened. Johnson said there was scientific debate about whether they were a separate species to common minke whales, found in the northern Pacific.
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The Advertiser
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- The Advertiser
Biosecurity not competition a meaty issue in beef talks
Even if the federal government lowers barriers blocking imports of US beef, it would be no match for higher quality and cheaper to produce Australian cattle. Australia is considering granting more American beef producers access to the local market as a potential bargaining chip to strike a deal on tariffs, as the two nations' leaders prepare to potentially meet face-to-face for the first time. For biosecurity reasons, Australia imposes a soft ban on US beef. Cattle that can be proven to have been raised and slaughtered in the US are allowed into the Australian market, but large amounts of beef sent to American abattoirs come from Mexico or Canada, which are barred from importation. Challenges in tracing the origin of cattle means in practice beef imports are not allowed, until the US can show the same traceability systems Australia has in place. Australian beef producers urged the government not to loosen biosecurity protections. "Australia's biosecurity status is integral to the success and sustainability of our agricultural industries," National Farmers Federation president David Jochinke said. Prime Minister Anthony Albanese assured farmers the government would make no compromises on biosecurity. But as long as biosecurity was protected, Mr Albanese said he would be open to discussions about easing restrictions. David Humphreys, vice chair of industry body Western Beef Association, was open to the idea as well. As long as Australia's biosecurity standards were protected, it would be a beneficial outcome for all Australian farmers if it could be used as leverage to lower US tariffs, he said. Assuming US beef imports posed no disease risk, the impacts for Australian farmers from extra competition would be limited. "Australia has very competitive and relatively cheap beef production in comparison," Mr Humphreys told AAP. "Any beef that's coming in from the US is probably going to be targeting quite select segments of beef consumption, probably the cheaper cuts, produced beef products. "So it's not really competing with the premium Australian beef products that our beef farms produce." The low exchange rate of the Australian dollar as well as the high cost of transporting US beef also reduced the likelihood of it outcompeting homegrown products, he said. Local consumers are accustomed to leaner, higher-quality Australian beef and unlikely to be won over by fatty, hormone-injected American competitors. "I think there's not a lot of risk to Australian producers of beef, with this possibility of some limited US beef being imported into Australia," Mr Humphreys said. Australia's Department of Agriculture is reviewing its ban on Mexican and Canadian beef slaughtered in the US. Agriculture Minister Julie Collins said any decision to allow greater access for US beef would be based on science and evidence. Even if the federal government lowers barriers blocking imports of US beef, it would be no match for higher quality and cheaper to produce Australian cattle. Australia is considering granting more American beef producers access to the local market as a potential bargaining chip to strike a deal on tariffs, as the two nations' leaders prepare to potentially meet face-to-face for the first time. For biosecurity reasons, Australia imposes a soft ban on US beef. Cattle that can be proven to have been raised and slaughtered in the US are allowed into the Australian market, but large amounts of beef sent to American abattoirs come from Mexico or Canada, which are barred from importation. Challenges in tracing the origin of cattle means in practice beef imports are not allowed, until the US can show the same traceability systems Australia has in place. Australian beef producers urged the government not to loosen biosecurity protections. "Australia's biosecurity status is integral to the success and sustainability of our agricultural industries," National Farmers Federation president David Jochinke said. Prime Minister Anthony Albanese assured farmers the government would make no compromises on biosecurity. But as long as biosecurity was protected, Mr Albanese said he would be open to discussions about easing restrictions. David Humphreys, vice chair of industry body Western Beef Association, was open to the idea as well. As long as Australia's biosecurity standards were protected, it would be a beneficial outcome for all Australian farmers if it could be used as leverage to lower US tariffs, he said. Assuming US beef imports posed no disease risk, the impacts for Australian farmers from extra competition would be limited. "Australia has very competitive and relatively cheap beef production in comparison," Mr Humphreys told AAP. "Any beef that's coming in from the US is probably going to be targeting quite select segments of beef consumption, probably the cheaper cuts, produced beef products. "So it's not really competing with the premium Australian beef products that our beef farms produce." The low exchange rate of the Australian dollar as well as the high cost of transporting US beef also reduced the likelihood of it outcompeting homegrown products, he said. Local consumers are accustomed to leaner, higher-quality Australian beef and unlikely to be won over by fatty, hormone-injected American competitors. "I think there's not a lot of risk to Australian producers of beef, with this possibility of some limited US beef being imported into Australia," Mr Humphreys said. Australia's Department of Agriculture is reviewing its ban on Mexican and Canadian beef slaughtered in the US. Agriculture Minister Julie Collins said any decision to allow greater access for US beef would be based on science and evidence. Even if the federal government lowers barriers blocking imports of US beef, it would be no match for higher quality and cheaper to produce Australian cattle. Australia is considering granting more American beef producers access to the local market as a potential bargaining chip to strike a deal on tariffs, as the two nations' leaders prepare to potentially meet face-to-face for the first time. For biosecurity reasons, Australia imposes a soft ban on US beef. Cattle that can be proven to have been raised and slaughtered in the US are allowed into the Australian market, but large amounts of beef sent to American abattoirs come from Mexico or Canada, which are barred from importation. Challenges in tracing the origin of cattle means in practice beef imports are not allowed, until the US can show the same traceability systems Australia has in place. Australian beef producers urged the government not to loosen biosecurity protections. "Australia's biosecurity status is integral to the success and sustainability of our agricultural industries," National Farmers Federation president David Jochinke said. Prime Minister Anthony Albanese assured farmers the government would make no compromises on biosecurity. But as long as biosecurity was protected, Mr Albanese said he would be open to discussions about easing restrictions. David Humphreys, vice chair of industry body Western Beef Association, was open to the idea as well. As long as Australia's biosecurity standards were protected, it would be a beneficial outcome for all Australian farmers if it could be used as leverage to lower US tariffs, he said. Assuming US beef imports posed no disease risk, the impacts for Australian farmers from extra competition would be limited. "Australia has very competitive and relatively cheap beef production in comparison," Mr Humphreys told AAP. "Any beef that's coming in from the US is probably going to be targeting quite select segments of beef consumption, probably the cheaper cuts, produced beef products. "So it's not really competing with the premium Australian beef products that our beef farms produce." The low exchange rate of the Australian dollar as well as the high cost of transporting US beef also reduced the likelihood of it outcompeting homegrown products, he said. Local consumers are accustomed to leaner, higher-quality Australian beef and unlikely to be won over by fatty, hormone-injected American competitors. "I think there's not a lot of risk to Australian producers of beef, with this possibility of some limited US beef being imported into Australia," Mr Humphreys said. Australia's Department of Agriculture is reviewing its ban on Mexican and Canadian beef slaughtered in the US. Agriculture Minister Julie Collins said any decision to allow greater access for US beef would be based on science and evidence. Even if the federal government lowers barriers blocking imports of US beef, it would be no match for higher quality and cheaper to produce Australian cattle. Australia is considering granting more American beef producers access to the local market as a potential bargaining chip to strike a deal on tariffs, as the two nations' leaders prepare to potentially meet face-to-face for the first time. For biosecurity reasons, Australia imposes a soft ban on US beef. Cattle that can be proven to have been raised and slaughtered in the US are allowed into the Australian market, but large amounts of beef sent to American abattoirs come from Mexico or Canada, which are barred from importation. Challenges in tracing the origin of cattle means in practice beef imports are not allowed, until the US can show the same traceability systems Australia has in place. Australian beef producers urged the government not to loosen biosecurity protections. "Australia's biosecurity status is integral to the success and sustainability of our agricultural industries," National Farmers Federation president David Jochinke said. Prime Minister Anthony Albanese assured farmers the government would make no compromises on biosecurity. But as long as biosecurity was protected, Mr Albanese said he would be open to discussions about easing restrictions. David Humphreys, vice chair of industry body Western Beef Association, was open to the idea as well. As long as Australia's biosecurity standards were protected, it would be a beneficial outcome for all Australian farmers if it could be used as leverage to lower US tariffs, he said. Assuming US beef imports posed no disease risk, the impacts for Australian farmers from extra competition would be limited. "Australia has very competitive and relatively cheap beef production in comparison," Mr Humphreys told AAP. "Any beef that's coming in from the US is probably going to be targeting quite select segments of beef consumption, probably the cheaper cuts, produced beef products. "So it's not really competing with the premium Australian beef products that our beef farms produce." The low exchange rate of the Australian dollar as well as the high cost of transporting US beef also reduced the likelihood of it outcompeting homegrown products, he said. Local consumers are accustomed to leaner, higher-quality Australian beef and unlikely to be won over by fatty, hormone-injected American competitors. "I think there's not a lot of risk to Australian producers of beef, with this possibility of some limited US beef being imported into Australia," Mr Humphreys said. Australia's Department of Agriculture is reviewing its ban on Mexican and Canadian beef slaughtered in the US. Agriculture Minister Julie Collins said any decision to allow greater access for US beef would be based on science and evidence.
The Advertiser
an hour 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
4 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.
