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The aftermath of the Albanese government’s first budget has seen the political and policy debate turn sharply onto the spectre of households and businesses facing sky-high power prices over the next 18 months.
The government is now scrambling to craft a policy to bring the domestic price of gas down.
In this podcast, Michelle Grattan talks with Professor Bruce Mountain, Director of the Victoria Energy Policy Centre at Victoria University, about this power price crisis, and the options available to deal with what he calls “a weeping sore”.
Mountain offers four key ways to address gas policy.
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Treasurer Jim Chalmers says of his first budget: “Inflation is the dragon we need to slay”. Chalmers’ worry about inflation was reinforced by Wednesday’s release of the September quarter CPI, which showed inflation at 7.3%.
In this podcast, we talk to Chalmers, shadow treasurer Angus Taylor, and the head of the Grattan Institute Danielle Wood. Among the topics we canvass are the budget’s broad fiscal settings, the huge increases in power prices it forecasts, the pressures for tax and spending reforms in future budgets, the government’s housing initiative, and the implications of the childcare policy for women’s workforce participation.
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The government has flirted with, and now ruled out, changing the Stage 3 tax cut in the October 25 budget, which appears set to be dominated by some deep spending cuts. In the longer term, however, debate will continue over the need to reform Australia's tax system, as the calls on revenue to finance big programs increase.
Meanwhile, the government is locked in a battle to get high domestic gas prices down, with its light touch policy towards the gas producers not having much impact.
In this podcast, Michelle Grattan talks with Rod Sims, former chair of the Australian Competition and Consumer Commission (ACCC), and now a professor at the Australian National University's Crawford School for Public Policy, on tax, gas and privatisation.
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The National Disability Insurance Scheme (NDIS) is a landmark reform of the last decade. But while delivering much benefit, it has operational problems and its cost has escalated dramatically – currently around $30 billion annually, there have been suggestions it could reach $60 billion. The scheme looms as one of the major pressures on the Albanese government’s budgets in coming years.
In this podcast, Michelle Grattan talks with Bill Shorten, Minister for the National Disability Insurance Scheme and Minister for Government Services about the issues around the scheme and the reforms needed to improve its operation and contain its cost.
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The government has introduced its legislation for the National Anti-Corruption Commission, which has received the endorsement of opposition leader Peter Dutton and so is assured of passage through parliament.
But critics are unhappy that its public hearings will be limited to when there are “exceptional circumstances”. Attorney-General Mark Dreyfus in this podcast strongly rejects the argument this is too high a hurdle.
The government has yet to nominate a head of the powerful new body, and Dreyfus says it is open to suggestions. Asked if he has anyone particularly in mind he says, “No I do not. […] We’re going to be trying to find someone who’s eminent, who has a real standing in the community.”
On the question of so-called “grey corruption”, notably misuse of ministerial discretion in grants schemes, Dreyfus stresses it will be completely up to the commission to decide what might justify investigation.
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The Ukraine conflict has escalated this week, with Russia’s President Vladimir Putin announcing a partial military mobilisation and once again raising the threat of nuclear weapons.
Meanwhile Ukraine has been pressing Australia to provide another 30 Bushmasters, after those already helping the war effort are proving very effective.
In this podcast Ukraine’s ambassador Vasyl Myroshnychenko urges the Albanese government to reopen Australia’s embassy in his country as soon as possible.
“By now 60 different countries have sent their embassies and ambassadors back to Kyiv. And I think it’s important for Australia to go back because if Bruce Edwards [the ambassador, now stationed in Poland] is on the ground, he’s capable of meeting people there and interacting with the minister of defence, with the minister of foreign affairs, with other stakeholders in Ukraine, to provide a better feedback to Canberra.”
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Joseph Ibrahim, Professor and Head, Health Law and Ageing Research Unit, Monash University, specialises in aged care issues. He has been a long-term advocate for improving the quality of life for those in residential care and for reform of the sector.
In this podcast, Ibrahim says currently COVID in aged care facilities is going largely unnoticed in the media. “If you have a look into the media coverage it would seem that it’s not a problem at all. [But] COVID deaths are far greater than at any time in the last two to three years”. While the vaccines have helped get things under control, the absence of restrictions is seeing infection rates at an all-time high. Ibrahim believes there should be a more tailored approach to outbreaks at facilities, depending on the circumstances.
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Simon Holmes à Court and his Climate 200, the body that provided funding for “teal” and some other independent candidates who promoted action on climate change, integrity and women’s issues, had great success at the federal election. But will community candidates become a big force in November’s Victorian poll and the March NSW election?
In this podcast, Holmes à Court talks about the “enthusiasm” from the community independents movement about the desertion by voters of the major parties, and the mobilisation already under way in various areas to get behind candidates. But he stresses there will be new challenges to face in the two state campaigns. A major one is the more restrictive arrangements around funding, compared with the federal election.
Community independents in the state elections will target frustrations in their local areas, but climate change and integrity will be strong themes of their campaigns. “In Victoria, our polling shows that climate is very high [in voters’ minds] and people are frustrated with the pace of change in some of the Andrews government’s actions there - we have the dirtiest grid in the country and a less certain plan for phasing out coal than New South Wales, for example”.
Federally, teal candidates ran in Liberal seats. In Victoria, where there is a long-time Labor government, can we expect to see strong community independents also in Labor seats?
“There is talk in Victoria that there might be some independents or minor parties challenging more in the outer suburbs and putting a lot of heat on the Andrews government, responding to the frustrations in those communities.”
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For Treasurer Jim Chalmers, this week's jobs and skills summit is the prelude to what will be his main game, the October budget.
The summit, to be held in Canberra on Thursday and Friday, still has many moving parts, notably in the intense debate we're hearing about what changes should be made to the wages system. But Chalmers can already welcome "a broad appetite" for raising permanent migration from the present cap of 160,000.
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David Littleproud runs his own race. In opposition he’s Nationals leader first and Coalitionist second. Thus he was quick out of the blocks criticising Scott Morrison’s power grab, and when Peter Dutton rejected an invitation to next week’s jobs and skills summit, Littleproud said he wanted to go.
In this Podcast Littleproud says about the government’s planned inquiry into Morrison’s actions: “I’m happy to work within whatever the constraints of what the government decides, that’s their prerogative. But it just seems to me this has now become an obsession of Anthony Albanese.”
Of the conflicting signals from the opposition about the jobs summit, Littleproud says: “We’re two separate parties. I represent the National Party and Peter Dutton represents the Liberal Party. He made a decision on behalf of the Liberal Party that he would not attend.”
He’s scathing that the Nationals were not originally invited. “The fact that this government didn’t even bother to ask anyone from regional and rural Australia to represent their interests was a failing to start with.”
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