Election 2022-Albanese talks big but thinks too small
received a warm reception on Thursday at an Australian Chamber of Commerce and Industry and Industry lunch in Sydney.
whether a Labor government would hold a review of the tax system, as both the Hawke-Keating and Rudd-Gillard Labor governments did, Mr Albanese suggested his first term of government would seek to fulfil the mandate he is taking to the election, and nothing more. Which, apart from the easy free kick of cracking down on multinational companies, doesn’t include tax reform.
Yet Labor continues to demonise any change to the better-off-overall test that has made the EBA unworkable for employers who now shun it. With Mr Keating in the room, why not also offer to return to the former prime minister’s original no-disadvantage test?As the union warlord prime minister, Julia Gillard raised the bar with the BOOT, creating a painful line-by-line comparison of both past agreements and all and any hypothetical circumstances workers might find themselves in.
Incredibly, Mr Albanese uses local car manufacturing as an exemplar, when it demonstrated everything that could go wrong with industry intervention: subscale businesses with unwanted products, from which the government rented unionised jobs with heavy subsidy payments.
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