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Scott Morrison Has Just Released His Tax Return, And It’s A Little Bit Odd

Published by Anonymous (not verified) on Wed, 30/09/2020 - 8:25am in

Following the recent release of US President Donald Trump’s tax returns, Prime Minister Scott Morrison has got on the front foot and released his own returns. Although his financial statement seems to suggest he may not quite understand how the economy works.

According to Mr Morrison’s self reported earnings for the financial year ending June 30 2020, he had 12,612 Goes, got 9,281 Goes, with the balance of 3,331 Goes still owed as part of his tax return.

“Everyone who has a Go gets a Go and the more Goes you have the more Goes you get. It’s pretty simple really,” Mr Morrison said. “I’ve had a lot of Goes last year, which is why I got a lot of Goes – that’s entirely reasonable. Some people who are out of work or don’t have the right connections haven’t had a Go, so they don’t get a Go – that’s why their tax statements will look a little different”.

Asked how much actual money he was likely to make this financial year, Mr Morrison said you would need to contact the Australian Gas Industry Association to find out the exact details.

Johnson's 'Lifelong Learning': all bluster and no solutions - CounterBlast

Published by Anonymous (not verified) on Wed, 30/09/2020 - 4:42am in

Boris Johnson's latest measure falls way short of the mark and will do nothing to stop the impending unemployment tsunami, argues Terina Hine

New CPD Blueprint for Regional and Community Job Deals

Published by Anonymous (not verified) on Tue, 29/09/2020 - 5:56pm in

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The Centre for Policy Development is making available a range of policy proposals and materials relating to the delivery of employment services in Australia. 

These materials are representative of CPD’s mission to boost economic and social outcomes for disadvantaged Australians. A core part of this mission is exploring practical interventions to support Australians facing entrenched unemployment and underemployment. This challenge grows with every day of COVID-19. There has been lots of talk about jobs and boosting demand but not as much focus on how our job services system can do much better at the regional and local level. 

These materials being released are the result of several years of work by CPD and have emerged after extensive consultation with a diverse group of stakeholders from across government, business, social services, philanthropy, and community organisations. There are three elements: (1) our Blueprint for Regional and Community Job Deals; (2) a proposed Jobs Taskforce for Western Melbourne; and (3) the materials from our Transitions to Employment roundtables. 


Blueprint: Regional and Community Job Deals
Jobs Taskforce in Western Melbourne

 


Transitions to Employment Roundtables One and Two: Background materials
Transitions to Employment Roundtables One and Two: Summary and Participant list

 


Transitions to Employment Roundtables Three and Four: Background materials
Transitions to Employment Roundtables Three and Four: Summary and Participant list

The first element is CPD’s Blueprint for Regional & Community Job Deals. The blueprint advances CPD’s work on improving employment services in place by showing how this approach can be scaled up across the nation in pivotal regions and places. It illustrates a pathway for implementing, governing and funding place-based initiatives for long-lasting impact on our jobs crisis. It includes a toolkit with practical implementation tips for people and organisations at the forefront of local responses. The blueprint shows how governments, business and philanthropy can support similar approaches across the country in a coordinated way so that vulnerable jobseekers are front of mind on our way out of COVID.

The release of the blueprint coincides with the recent announcement by the Federal Government of the Local Jobs Program and the formation of 25 Local Jobs and Skills Taskforces across the country. CPD, alongside organisations such as the Brotherhood of St Laurence and the Australian Council of Social Service (ACOSS), have long been advocating for regionally tailored responses to be prioritised when it comes to tackling entrenched unemployment, most notably through our Cities and Settlement Initiative. We hope the blueprint and its supporting materials can help to make the Local Jobs Program and its Taskforces as effective as possible. We intend for this to be a living document, one that naturally evolves and responds to the ever-changing employment landscape. As such, we will be continuing consultations with business, government, philanthropy, social services and others to ensure that it continues to be a valuable resource in achieving better outcomes for disadvantaged job seekers.

The second element proposes a Jobs Taskforce for Western Melbourne, one of the employment regions hardest hit by COVID-19. In doing so, we provide an example of what the implementation of the blueprint would look like in practice. While the Local Jobs Program is a good first step, much more will be necessary to deliver a unified, enduring approach in these regions that draws in complementary support from state government, industry, social services and philanthropy — and underpins the new employment services system when it starts in 2022. This proposal shows how that can be done. 

The final element is the materials from our Transitions to Employment roundtables held virtually between April and June. Organised and convened by CPD, the roundtables considered interventions that government, business and philanthropy could pursue to tackle long term unemployment and underemployment for the groups in our society facing the greatest disadvantage. Each roundtable was made up of a range of experts from government, civil society and the private sector, and focussed on a specific cohort of jobseekers. The first two discussions focussed on the long-term unemployed and underemployed, and people with disability. The second two roundtables focussed on people in contact with the criminal justice system, and vulnerable migrants and refugees. The roundtables were able to consider the impacts of COVID-19 and what the pandemic means for the range and scale of responses that must be considered.

CPD is grateful to all those involved in developing these materials and hopes they can help Australian communities to build back better in the wake of COVID, and for our most vulnerable jobseekers to be better supported. 

Much of the material in the blueprint has emerged from CPD’s Cities and Settlement Initiative (CSI), a 3-year program focused on employment and settlement services for refugees and humanitarian migrants. It was through CSI that CPD developed its Community Deals model, working closely with the City of Wyndham and other local communities. CSI has been made possible by the generous support of the Myer Foundation, the Vincent Fairfax Family Foundation, the Cameron Foundation, the Lord Mayor’s Charitable Foundation and a group of volunteers from the Boston Consulting Group. 

The blueprint itself was compiled by CPD, with expert advice from Peter Fitzgerald (former Deputy Secretary, Victorian Department of Health & Human Services), Kerrin Benson (former CEO, Multicultural Australia) and James Flintoft (former CEO, Regional Development Victoria). 

CPD’s Employment Transitions Initiative was supported by the Paul Ramsay Foundation.

Quotes from CPD on the release of these materials:

Travers McLeod (CEO)

“The Local Jobs Program accepts just how important locally and regionally focussed responses are in addressing the jobs crisis Australia is experiencing. The challenge now is to deliver a unified, enduring approach in these regions that can deliver for all Australians — one matched with significant stimulus and job creation measures.

“CPD’s blueprint draws on extensive consultations and successful Australian and international case studies. It illustrates a pathway for implementing, governing and funding place-based initiatives for long-lasting impact. Locally and regionally tailored approaches must be sustained for the long term. This means building genuine partnerships between three levels of government and business, providing sustained support to local and regional governance arrangements, and re-orienting our big service systems, like jobactive.” 

“The Wyndham Employment Trial has shown how positive employment outcomes can be achieved by promoting tailored, coordinated services that engage local employers and industry. The blueprint shows how governments, business and philanthropy can support similar approaches across the country in a coordinated way so that the vulnerable jobseekers are front of mind on our way out of COVID.”

Terry Moran AC (CPD Chair and Chancellor of Federation University)

“I am proud of the work CPD has done to set out in exacting detail the best possible means of setting up place-based initiatives to help the unemployed and activating critical networks at regional and local level.” 

“Post-secondary education institutions need to realise they have a particularly strong role to play in securing return to employment or introduction to employment of the large numbers of people who have had their livelihoods disrupted by this crisis.”

Sam Mostyn (CPD Deputy Chair)

“By listening to, and learning from, communities, CPD and organisations like the Brotherhood of St Laurence and ACOSS have developed models for genuine partnerships between government, business and communities that achieve better outcomes for those who need them most.”

Links and related reading:

The post New CPD Blueprint for Regional and Community Job Deals appeared first on Centre for Policy Development.

Lemonade Stand Paid More Tax, Made More Profit, Than All Of Donald Trump’s Businesses Combined

Published by Anonymous (not verified) on Tue, 29/09/2020 - 11:38am in

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A small lemonade stand in suburban Connecticut paid more tax last year than all of Donald Trump’s businesses combined, which its 9 year-old owner says is reasonable given her business was more profitable.

Grace Herriford, 9, says failing businesses can’t be expected to pay as much tax as a well-run operation like hers. “Look, some people just aren’t good at business, and they’re going to struggle to turn a profit. So it makes sense that they don’t pay as much tax. It’s not Mr Trump’s fault that he doesn’t know how to turn a profit”.

She said running successful businesses just isn’t one of Mr Trump’s fortes. “If he were in charge here, he’d want to spend thousands of dollars on haircuts and change the name to Trump Lemonade and it would immediately lower the value of the business by millions of dollars”.   

While Ms Herriford’s lemonade stand did make a profit last year, she wanted to be clear that she does have a loan owing to her mother worth $14 – around $439,999,986 less than the loans owed by the Trump Organisation.

Murdoch Shocked To Learn Of Trump’s Tax Bill: “$750 Is Extraordinarily High”

Published by Anonymous (not verified) on Tue, 29/09/2020 - 9:00am in

News Corp chief Rupert Murdoch was stunned when he heard about Donald Trump’s $750 tax bill, saying he has not seen a tax payment that high before.

The media tycoon, whose company regularly pays $750 less in tax than Donald Trump, says he was taken aback by the release of the President’s tax returns.

“I was as shocked as anyone when I saw that figure. Seven hundred and fifty dollars. Not $75, not $7.50. Seven, five, zero – in tax!”

Mr Murdoch said the news had shaken his confidence in the President’s abilities as a businessman. “What it shows is a fairly careless approach to tax accounting – to let that much go to the IRS. Who are the people advising the president, and how were they unable to find a way to write off such a large amount of taxable income? I think Americans have a right to know”

When Towering Inferno meets Groundhog Day - weekly briefing

Published by Anonymous (not verified) on Mon, 28/09/2020 - 8:45am in

Lindsey German on a Tory party that cannot cope and a pitiful pseudo-opposition

Climate & Recovery Initiative

Published by Anonymous (not verified) on Sun, 27/09/2020 - 9:03pm in

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CPD in partnership with ClimateWorks, Ai Group, ACTU and Pollination

The Climate and Recovery Initiative brings together prominent leaders from government, business and civil society to identify the best ideas for aligning Australia’s economic recovery with a transition towards a net zero emissions economy, and to get them into the right hands. 

The Initiative is coordinated by the Centre for Policy Development (CPD) and ClimateWorks Australia, with a steering group that includes the Australian Industry Group (Ai Group), the Australian Council of Trade Unions (ACTU), and Pollination. 

Working together since May 2020, the group has hosted two large stakeholder roundtables, convening senior officials from the Commonwealth and state governments alongside leaders from industry, unions, community organisations, think tanks and academia. Participants include representatives from the Business Council of Australia, AiGroup, ACTU, the Investor Group on Climate Change, the Australian Council of Social Services, the Reserve Bank of Australia, and the Australian Prudential Regulation Authority (APRA).

The Initiative was formed in recognition that Australia faces two generation-defining challenges: recovering from the coronavirus pandemic and responding to climate change. These challenges are intertwined. Investments in climate resilience and net zero ambition today can turbocharge Australia’s recovery and position the country for stronger and more sustainable economic growth in the years ahead. The group is focused on both job-creating stimulus opportunities and broader policy changes that could sustain national collaboration on systemic risks like climate change.

At the first roundtable on 25 June 2020, participants shared frank insights and discussed opportunities to better align Australia’s economic recovery with climate and transition priorities. The discussion centred on three priority areas:

  • Identifying crisis response measures that can support jobs and growth now while aligning with a transition to a low emissions economy.
  • Entrenching ‘net zero’ in the wider policy agenda, making climate risk and resilience central to economic policymaking while planning the energy transition to protect the livelihoods of workers and communities.
  • Building new processes and models for more coordinated and ambitious climate responses, ensuring a long-term legacy from the current crisis.

The agenda and participant list from the first roundtable are available below, along with a framing paper prepared for the discussion.

At the second roundtable on 8 September 2020, participants discussed policy proposals including new processes on climate risk and resilience to inform the National Cabinet and an Australian Clean Technology Market-Creation Co-Investment Partnership. The proposals received encouraging support from a range of participants. Further detail on these proposals is available below, along with the agenda and participant list from the second roundtable.

Two research papers developed to inform the second roundtable are also available below. The first identifies opportunities to create decarbonisation-aligned jobs in employment regions that have been doubly disadvantaged by long-term high unemployment and worse-than-average impacts from COVID-19. The second analyses global green technology patent activity, finding that Australia performs well among global peers in green innovation.

The Climate and Recovery Initiative will continue for the remainder of 2020 and into 2021, with key windows including the formation of the 2021-22 Federal Budget and the lead up to COP26 in November 2021.

Please note that the attached documents were prepared by the roundtable organisers and do not necessarily reflect the views of the individuals or organisations present at the roundtable.

Materials from Roundtable One, 25 June 2020

  • Roundtable one pack including agenda and framing paper
  • Roundtable one participant list
  • Roundtable one framing paper

 

Roundtable One:
Pack (agenda and framing paper)

Roundtable One:
Participant List

Roundtable One:
Framing Paper

Materials from Roundtable Two, 8 September 2020

  • Roundtable two pack including agenda and summary of proposals 
  • Roundtable two participant list
  • Proposal: New process on climate risk and resilience to inform the National Cabinet
  • Proposal: Australian Clean Technology Market-Creation Co-Investment Partnership
  • Analysis: Creating jobs in high-priority employment regions via decarbonisation-aligned stimulus
  • Analysis: Measuring green innovation in Australia
  • Briefing: COVID-19 fiscal recovery pathways

 

Roundtable Two:
Pack (agenda and summary of proposals)

Roundtable Two:
Participant List

Proposal: Australian Clean Technology Market-Creation Co-Investment Partnership

Proposal: New process on climate risk and resilience to inform the National Cabinet

Analysis: Creating jobs in high-priority employment regions via decarbonisation-aligned stimulus

Analysis: Measuring green innovation in Australia

COVID-19 fiscal recovery pathways

 

Proposals for more coordinated and effective climate responses

Participants at the second roundtable discussed two proposed processes on climate risk and resilience that could support better coordination between state and federal governments and the private sector in the new federation structures to replace the Council of Australian Governments. The first model would incorporate an explicit focus on climate risk and resilience as part of the Council of Federal Financial Relations, which reports to the National Cabinet. This would help Treasurers and officials address climate risks and the need to build climate resilience as part of the broader economy policy agenda.

The second would establish a new forum or taskforce on climate risk and resilience, which would include senior government officials, financial regulators, and leaders from business and civil society. The taskforce would advise the government on opportunities to enable sustainable jobs, growth and investment in a challenging natural environment, informed by the implications of climate change for financial stability, risk management and corporate governance.

Participants also discussed a proposed Australian Clean Technology Market-Creation Co-Investment Partnership (CIP). The CIP is a model for providing financing to scale up supply chain responses in clean technology markets across Australia in order to enable decarbonisation across all sectors of the economy. It could be implemented as a partnership between the Commonwealth Government and the state and territory governments, whereby state and territory government program investment, traditionally through the form of grants, could be better coordinated to leverage co-financing investment contributions from the Australian Government and attract private investment. 

Investment opportunities would be identified using a multi-sector goal-oriented approach, using ‘reverse auction’ style competitive rounds. This model would collectively leverage a greater amount of private sector capital, delivering bigger economic and employment impacts, lowering economy-wide emissions and leading to greater resilience of the Australian economy.

 

Support for greater alignment of Australia’s recovery with climate priorities

CPD CEO Travers McLeod said that the Initiative has highlighted broad support for greater alignment of Australia’s recovery and climate priorities and the desire for a more ambitious, coordinated response.

“The seniority and breadth of Climate and Recovery Initiative participants shows there is widespread support for a smart recovery that aligns job creation today with a long-term vision for a thriving, zero carbon Australia. This can create lasting benefits across all Australian regions, including those hardest hit by COVID-19.”

“Like COVID-19, climate change poses risks to every sector of our economy – but it also creates major opportunities. There is a need for a more coordinated response across state and federal governments and in the private and community sectors. The federation reforms under the new National Cabinet should ensure that governments are working together to address climate risks and resilience and building partnerships with industry and communities.”

Travers McLeod

ClimateWorks Australia CEO Anna Skarbek said that aligning Australia’s economic recovery with a trajectory to net zero emissions will require ambition and cross-sector collaboration, which is exactly what the Initiative is about.

“Australia can achieve net zero emissions by 2050. To do so, we must invest in decarbonisation across all sectors of the economy and in all states and territories. Smart investments today can lay the foundation for long-term growth and prosperity.”

“Better coordination of efforts between the Commonwealth, the states and the private sector can drive large-scale investment, job creation and economic growth while lowering economy-wide emissions.”

Anna Skarbek

Pollination Group Senior Partner Patrick Suckling said that investors and the private sector are becoming more aware of the role of capital in building a more resilient and net-zero emissions economy.

“As corporates are increasingly factoring climate risk and opportunity into their operations as core business, so should governments as core economic management.  Similarly, shifting the billions required to transition to a net zero emissions, more climate resilient economy requires public and private capital to work together and in new and better ways.  It was encouraging to see consensus among the Climate and Recovery Initiative participants on these two fundamental points, to hear agreement on possible pathways forward on both and to feel the strong unanimity that it is not a choice between emissions reductions and growth and jobs.  Rather the two can be mutually reinforcing – we all need to make sure they are.”

Patrick Suckling

Australian Industry Group CEO Innes Willox said coordinated State and Federal efforts will support stronger growth and ensure clean economy finance initiatives have greater impact.

“Australia’s growth trend was weak even before the massive slug of the COVID-19 pandemic, and the escalating costs of climate change have become increasingly obvious. Steps to protect our economy and society by managing and reducing climate risks will support stronger growth for decades to come. Many steps will also have an immediate benefit in restoring growth and employment.”

“Keeping climate risks on the radar of economic policy makers makes good sense. So does bringing State and Federal clean economy finance initiatives together to boost their scale and impact. The Federal Government’s strong recent clean technology announcements can achieve even more in partnership with the States.” 

Innes Willox

CPD Deputy Chair and Citi Australia Chair Sam Mostyn said the Climate and Recovery Initiative was a unique collaborative effort to help Australia’s response to cascading crises.

“The Climate and Recovery Initiative is all about the best ideas rising to the top to accelerate Australia’s COVID recovery and make huge gains towards a net zero emissions economy at the same time.”

“This initiative uniquely brings together the expert insights and commitment of some of Australia’s leading men and women from sectors and industries key to Australia’s success.”

Sam Mostyn

Business Council of Australia President Tim Reed said our COVID recovery must include addressing the risk and impact of climate change.

“Our recovery must include addressing the risk and impact of climate change, that means big opportunities for investment in clean energy and decarbonising technology.”

Tim Reed

National COVID-19 Commission Deputy Chair and Australian Climate Leaders Coalition Co-Chair David Thodey AO said the proposals could help to streamline efforts on climate across the federation.

“The Climate and Recovery Initiative has put important proposals on the table and the support for them has been encouraging. The proposals would streamline efforts on climate risk and resilience across the federation with a focus on boosting jobs and investment.”

David Thodey AO

Further reading

The post Climate & Recovery Initiative appeared first on Centre for Policy Development.

Starmer’s road leads to disaster: the left urgently needs a new direction

Published by Anonymous (not verified) on Sun, 27/09/2020 - 4:21am in

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A left in thrall to Starmer's Labour risks irrelevance, argues Chris Nineham

Johnson’s disastrous policies will bring return to hundreds of daily deaths - CounterBlast

Published by Anonymous (not verified) on Sun, 27/09/2020 - 3:29am in

A rushed ‘return to normal’ is driving up the infection rates and, increasingly, the death rate, writes Alex Snowdon 

Trump Refuses To Accept Outcome Of The Bachelor Finale

Published by Anonymous (not verified) on Fri, 25/09/2020 - 7:43am in

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US President Donald Trump has reacted strongly to last night’s finale of The Bachelor, insisting that the outcome was rigged. In the final episode, Locky Gilbert chose Irena Srbinovska over runner-up Bella Valeris. 

Trump tweeted that the outcome of The Bachelor was “not the will of the people”, claiming that the result was a “conspiracy engineered by the US Postal Service, Joe Biden and Channel Ten.”

In scenes all too familiar to Americans in 2020, protesters supporting the two Bachelor contestants clashed on the streets of major cities after Trump’s tweet. Supporters of Irena believe she won fairly, however supporters of Bella were sympathetic to Trump’s view and believe the result was rigged. 

The US President has declared that he plans to take the matter to the US Supreme Court in the coming days. Legal experts believe the matter may take many months to resolve. 

Following the death of US Supreme Court Justice Ruth Bader Ginsburg, there are eight justices on the Supreme Court. Most observers believe that four justices would support Irena, and four would support Bella, making Ginsberg’s replacement vitally important to the case’s outcome. 

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By Martin Welzel

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