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Huge move to bring down cost of groceries

Federal Treasurer Jim Chalmers has announced a series of new measures to help bring down grocery prices ahead of the release of a wide-ranging review into the Grocery Code of Conduct. According to the treasurer, increasing competition among supermarket giants is key to placing “downward pressure on prices”, while also enforcing multibillion-dollar fines on retailers that fail to comply with the mandatory code of conduct. This code is set to dictate how supermarkets like Woolworths, Coles, Aldi and IGA’s parent company Metcash deals with producers and farmers, which will in turn see a reduction of prices for everyday shoppers. While Dr Chalmers stopped short of saying how far prices could drop, he told Sunrise’s Natalie Barr that a more competitive system would create “better outcomes for consumers,” and reduce grocery prices over time. “If it is more competitive, more transparent and people are getting a fair go, better outcomes will be seen at the supermarket checkout,” he said. The Treasurer said this would deliver a “fair go” for families, consumers and producers. “We recognise that the supply chains need to be better for farmers, growers and producers,” he said. “By doing that and making sure the supermarket sector is more competitive we can get better outcome for consumers.” Although the Albanese government has affirmed its support for the review, conducted by former Labor minister Craig Emerson, the final report rejected calls to expand the reforms to non-supermarkets like Bunnings, Chemist Warehouse, and Dan Murphy’s. “The review considers that the code should not be extended beyond supermarkets to cover other retailers,” the inquiry’s final report said. “This is not to say that these markets are functioning well for all players in those markets.” Image credits: MICK TSIKAS/EPA-EFE/Shutterstock Editorial/Shutterstock

Money & Banking

Nat Barr quizzes Jim Chalmers over one major budget flaw

Nat Barr has quizzed treasurer Jim Chalmers over one major flaw in the federal budget. On Tuesday night, Chalmers <a href="https://oversixty.com.au/finance/money-banking/biggest-winners-and-losers-of-the-2024-25-federal-budget" target="_blank" rel="noopener">handed down</a> his third federal budget that prioritised cost-of-living relief, with one major initiative saving Aussies big on their next energy bills. All Australian families will get $300 off their annual electricity bill, while small businesses will also get a $325 rebate for their bills. Chalmers joined Nat Barr on Sunrise on Wednesday morning to discuss the initiative further, as the host pointed out one major flaw in the government's plan. “If you’re earning a million dollars, why do you need a $300 power rebate?” Barr asked. But Chalmers said wealthier Australians weren’t the focus of the rebate, as everyday Aussies struggling with the rising cost of living were sure to benefit. “It is primarily for people doing it tough — you know, millions and millions of Australians are under cost-of-living pressure,” he said. “We’re trying to help. So more help is on the way for millions of people under the pump. Whether it is a tax cut for every taxpayer or energy bill relief for every household.” Barr asked Chalmers if people earning $1 million were “under pressure”, but the treasurer said offering specifically targeted assistance was logistically impossible. “Once you go beyond (pensioners), you have to design a whole new system because the energy retailers that we use to provide this help, they don’t have income information for people,” he said. “We deliver this relief via energy bills, via the retailers. There’s not a system that allows you to slice and dice that beyond providing it either to people on pensions and payments.” Barr's comments were echoed online, with many slamming the logistics of the rebate on social media. "I'm sure Gina Rinehart is stoked she's getting $300 back on her energy bills," one person commented. Another added, "If this stupid government gives me $300 off my energy bills it goes straight to charity. Join me if you can afford it." A third wrote, "Feel like there should be an exemption in the $300 energy rebate for anyone who has ever slept under a doona with the aircon on." Image credits: Sunrise

Money & Banking

Biggest winners and losers of the 2024-25 Federal Budget

The unveiling of the federal budget by Treasurer Jim Chalmers was marked by a dual focus on addressing cost-of-living pressures and strategically investing in Australia's future – and was predictably met with both praise and criticism. Reflecting a delicate balancing act between providing immediate relief to vulnerable segments of society and ensuring long-term fiscal sustainability, the measures to alleviate cost-of-living pressures and support key sectors appear commendable, yet concerns persist regarding the adequacy of support for welfare recipients and the potential implications of immigration policies on international education. Read on for the high points, the low points, and all the biggest winners and losers of the federal budget for 2024-25. BIGGEST WINNERS: Low and Middle-Income Earners: At the core of the budget lies a commitment to alleviate the financial strain on low and middle-income earners. With the implementation of stage three tax cuts, Australians can anticipate a welcome increase in their take-home pay. These cuts, announced earlier in the year, are projected to inject an average of $36 per week into taxpayers' pockets by 2024-25. Notably, this initiative is expected to benefit 84% of taxpayers and 90% of women, signalling a targeted effort to support those most in need. Parents: In a move towards greater gender equality and financial security, the government has extended superannuation payments to parents on paid leave. This initiative aims to bridge the superannuation gap and provide approximately 180,000 families annually with additional financial support during crucial early parenting stages. Households and Small Businesses: Acknowledging the escalating energy costs, a $300 rebate on energy bills was announced for more than 10 million households. It was this facet of the budget that drew ire from Jacqui Lambie, Federal Senator for Tasmania, who was furious over the "bizarre" decision, which sees funds being spent on high-income earners such as herself at a time of rising inflation. 'We don't need $300, I can assure you,' she said to a post-budget panel on ABC's Insiders on Tuesday night. "That [funding] should have been passed forward. I find it bizarre." Additionally, small businesses stand to benefit from a $325 boost to alleviate power bill pressures. The extension of the instant asset write-off and the abolishment of 457 nuisance tariffs signal the government's commitment to supporting small businesses and fostering economic growth. Aged Care Workers, Renters, Women, Last-Minute Travellers, Music Festivals, and PBS Patients: The budget also addresses various sectors of society, including aged care workers, renters, women, last-minute travellers, music festivals and Pharmaceutical Benefits Scheme patients. Measures such as wage increases, rent assistance, healthcare subsidies and support for cultural events underscore the government's multifaceted approach to addressing societal needs. Students: Recognising the financial challenges faced by students, the government has taken steps to ease the burden of student debt. By wiping out $3 billion in student debt and overhauling the indexation of HECS debt, thousands of Australian students stand to benefit. Moreover, the introduction of payments for compulsory work placements acknowledges the financial strain faced by students pursuing vocational and tertiary education. BIGGEST LOSERS: International Students: In response to concerns about housing shortages and migration pressures, the government has signaled a crackdown on the influx of international students. Universities will be required to match enrolment growth with adequate housing infrastructure, potentially limiting opportunities for international students seeking education in Australia. Welfare Recipients: Despite calls for a significant increase in JobSeeker and Youth Allowance payments, the budget falls short of implementing substantial changes in welfare support. While some targeted assistance is provided to individuals facing barriers to employment, broader calls for income support reform remain unaddressed. High-Income Earners: While the budget aims to provide relief to low and middle-income earners, high-income earners may experience a less substantial boost to their incomes compared to previous projections. This recalibration reflects the government's commitment to a fair and equitable distribution of resources. Image: ABC

Money & Banking

An emotional Scott Morrison delivers his last speech to parliament

In a poignant and somewhat unexpected farewell, former Prime Minister Scott Morrison bid adieu to federal parliament, leaving behind a legacy tinged with tears – and a surprising tribute to pop sensation Taylor Swift. As he marked his exit, Morrison delivered a heartfelt address, reflecting on his political journey, acknowledging his colleagues, and offering insights into his future endeavours. Flashing a Swiftie friendship bracelet emblazoned with the nickname "ScoMo" beneath the sleeve of his suit, Morrison's speech was a blend of personal anecdotes, political reflections and nods to popular culture. Surrounded by his family – his mother Marion, wife Jenny, and daughters Abby and Lily – Morrison addressed a gallery that, while not at full capacity, held a significant emotional weight for the departing leader. With a touch of humour, Morrison recounted his daughters' suggestion of incorporating references to Taylor Swift albums into his remarks, a challenge he gamely accepted. Seamlessly weaving Swift's song titles into his speech, Morrison painted a picture of his political journey, acknowledging the challenges he faced and the steadfast support of his loved ones, particularly his wife Jenny, whom he affectionately referred to as his "Lover": "It is true that my political opponents have often made me see Red. Often when subjected to the Tortured Poets who would rise to attack my Reputation. In response, I always thought it important to be Fearless and Speak Now. Or forever hold my silence and allow those attacks to become Folklore. Ever since leaving university in 1989 this has always been my approach. My great consolation has always been my Lover, Jen, who has always been there for me whenever I needed her from dawn, and beyond the many Midnights we have shared together. See? I'm actually a True Romantic after all. I can assure there is no Bad Blood, as I've always been someone who has been able to … Shake It Off." Reflecting on his tenure as Australia's 30th prime minister from 2018 to 2020, Morrison expressed gratitude to the Indigenous community and the defence personnel, emphasising their contributions to the nation's freedom and prosperity. He cautioned against what he termed a "drift of secularism" and advocated for a reconnection with traditional Christian values, underlining the importance of faith in his own life. Amid tears, Morrison thanked his staff, household personnel and security detail, acknowledging their dedication and sacrifice – particularly recalling two individuals injured while protecting him. “I want to specially mention Travis Ford and Jen McCrae," he said, "who were <a href="https://www.oversixty.com.au/news/news/dangerous-traffic-crash-rocks-scott-morrison" target="_blank" rel="noopener">terribly injured in the line of duty</a> protecting me … in a terrible car accident in Tasmania. I will always be grateful for your sacrifice.” Emotionally addressing his family, Morrison expressed profound gratitude to his wife and daughters, recognising the challenges they endured due to his public role. In a magnanimous gesture, Morrison extended well wishes to his political opponents and congratulated Prime Minister Albanese on his recent engagement. He also expressed appreciation for his party colleagues, including former Prime Minister Malcolm Turnbull and Peter Dutton, highlighting their support and camaraderie. Touching upon his role in the AUKUS nuclear submarine deal and Australia's stance against Chinese coercion, Morrison underscored the importance of standing firm in the face of geopolitical challenges. He warned against complacency and urged vigilance in safeguarding national interests against external threats. Closing on a deeply personal note, Morrison reaffirmed his faith in Jesus Christ, acknowledging his own imperfections and the power of forgiveness. Quoting scripture, he embraced his Christian beliefs unapologetically, emphasising the strength derived from his faith. The solemnity of the moment was then relieved somewhat when Morrison ended his speech with the words "And, as always, up, up, Cronulla!", as colleagues from across the political spectrum approached to bid him farewell. Morrison made a point of highlighting the main lessons he says he's learned during his political career, which we have summarised here: 1. Without a strong economy, you cannot achieve your goals as a nation He said there have been strong contributions made in this respect by both sides of politics, and Australia must be careful not to "reinstitutionalise our economy" and crush entrepreneurial spirit. 2. Threats are out there, and they are real Morrison talked about a new era of strategic competition, in which the old rules-based international order is being challenged by "a new arc of autocracy" ranging from Pyongyang to Beijing to Tehran and Moscow. He cited AUKUS, the Quad and new trading and defence relationships as key achievements of his government in this arena, but said that "continued vigilance and the connection between all spheres of police" is required going forward. 3. Judeo-Christian values shouldn't be forgotten in the 'increasing Western embrace of secularism' "Individual liberty, the rule of law, equality of opportunity, responsible citizenship, morality, liberty of speech, thought, religion and association. All of these stem from the core principle of respect for individual human dignity," Morrison said. "So does representative democracy. And even market-based capitalism. This is a unique Judeo-Christian principle." Image: ABC News

Retirement Life

As Scott Morrison leaves parliament, where does he rank among Australian prime ministers?

<a href="https://theconversation.com/profiles/paul-strangio-1232">Paul Strangio</a>, <a href="https://theconversation.com/institutions/monash-university-1065">Monash University</a> This week Scott Morrison, Australia’s 30th prime minister, will deliver his valedictory speech to the House of Representatives. As Morrison leaves parliament, it’s timely to ask where he is placed in the pantheon of Australia’s national leaders. Already there have been unflattering verdicts on Morrison’s prime-ministerial standing. For example, in her withering account of his leadership, veteran columnist and author <a href="https://scribepublications.com.au/books-authors/books/bulldozed-9781922585981">Niki Savva writes</a> that among detractors, “Morrison was regarded as the worst prime minister since Billy McMahon”. Moreover, according to Savva, following the August 2022 revelation of his commandeering of five ministries during the COVID pandemic, his reputation sunk still lower: “he was worse than McMahon. Worse even than Tony Abbott, who lasted a scant two years in the job”. <h2>How can we rank prime ministerial performance?</h2> How might we know how Morrison’s record stacks up against his prime-ministerial peers? One device for evaluating comparative leadership performance is expert rankings. Australia has had a slow take-up in this field, unlike the United States, where presidential rankings have a lineage stretching back three-quarters of a century and are a veritable scholarly cottage industry. In recent years, there have been forays into this territory in Australia, with three prime-ministerial rankings conducted by newspapers and two initiated by Monash University in 2010 and 2020. (I was the organiser of both of these Monash rankings.) These rankings have been largely consistent in their results. The experts, mostly political historians and political scientists, have judged the nation’s greatest prime minister to be its second world war leader, John Curtin. The other leaders in the top echelon are, in rough order, Bob Hawke, Ben Chifley, Alfred Deakin, Robert Menzies, Andrew Fisher, John Howard, Paul Keating and Gough Whitlam. At the other end of the scale, Billy McMahon, who is chiefly remembered for being defeated by Labor’s Whitlam at the December 1972 election, thereby bringing to a close the Liberal Party’s postwar ascendancy, has been consistently rated Australia’s prime-ministerial dunce. Even his biographer, Patrick Mullins, acknowledges that McMahon has become “a by-word for failure, silliness, ridicule”. However, in the most recent of the rankings, the Monash 2020 survey, McMahon had a close competitor for bottom place: Tony Abbott. Forty-four out of 66 respondents to that survey assessed Abbott’s prime ministership a failure. Other prime ministers to the rear of the field included Abbott’s contemporaries, Kevin Rudd and Malcolm Turnbull. Morrison was not included in the 2020 rankings because as the incumbent his prime ministership was incomplete, and so it was premature to evaluate his performance. Let us now, though, measure his record against the nine benchmarks that the experts were asked to consider in rating the nation’s leaders. <h2>So how does Morrison shape up?</h2> The first is “effectively managing cabinet”. To date, little has been disclosed about the integrity of cabinet processes under Morrison’s stewardship. Yet, whatever the merits of that management, his scandalous breach of the norms of cabinet government by <a href="https://theconversation.com/view-from-the-hill-the-bell-report-on-morrisons-multi-ministries-provides-a-bad-character-reference-195368">secretly assuming several ministries</a> will irretrievably stain his reputation in this regard. Next is “maintaining support of Coalition/party”. That Morrison avoided being deposed by his party, which was the fate of his immediate predecessors (Rudd, Julia Gillard, Abbott and Turnbull), counts in his favour. As the ABC docuseries Nemesis shows, however, his prime ministership was marked by serious frictions both within the Liberal Party and between the Liberal and National coalition partners. <figure><iframe src="https://www.youtube.com/embed/gLXdXUwGrJs?wmode=transparent&start=0" width="440" height="260" frameborder="0" allowfullscreen="allowfullscreen"></iframe></figure> “Demonstrating personal integrity”. This was not one of Morrison’s strong suits. As Savva makes searingly evident, and Nemesis also highlights, Morrison earned a reputation for being economical with the truth (including hiding his acquisition of colleagues’ ministries), for evading accountability and shifting blame (“I don’t hold a hose, mate”), and for corrupted processes under his watch (an example being the <a href="https://theconversation.com/more-sports-rort-questions-for-morrison-after-bridget-mckenzie-speaks-out-133160">shameless pork-barrelling</a> of the community sport infrastructure program in the lead-up to the 2019 election). “Leaving a significant policy legacy”. Here Morrison is partly damned by his own words. In office, he insisted he was not concerned about his legacy, equating the idea with a vanity project. Indeed, an obsession with the theatre of politics and a corresponding lack of substance caused his prime ministership to come to be seen as bereft of purpose. On the other hand, management of the COVID pandemic, however mixed, accords a significance to his time in office. AUKUS stands as the other major legacy of Morrison’s prime ministership, entrenched as it has been by his successor, Anthony Albanese. The agreement promises to influence Australia’s defence capability until the middle of this century and beyond, although only time will tell whether it enhances the nation’s security or is a dangerous white elephant. “Relationship with the electorate”. Morrison’s record here is mixed. In his favour, he won an election (something McMahon couldn’t claim). Yet, by the time of the 2022 election, according to the Australian Election Study, he was the least popular major party leader in the history of that survey, which dates back to the 1980s. His public toxicity was a primary factor in the Coalition’s defeat, one of his Liberal colleagues comparing the depth of public sentiment against the prime minister in 2022 to “having a 10,000-tonne boulder attached to your leg”. “Communication effectiveness”. Styling himself as a Cronulla Sharks-supporting “daggy dad” from the suburbs, at least initially Morrison’s communication mode seemed to be well received in the community. He was relentlessly on message during the 2019 election campaign. But the shine rapidly wore off his persona following that victory, with growing doubts about his authenticity. Rather than persuade, his habit was to hector, and rather than empathise, he exuded smugness. A series of notorious tin-eared statements, which especially alienated women voters, came to define his image. By the end he was known as the “bulldozer-in-chief”. <figure><iframe src="https://www.youtube.com/embed/yamdw5VeNtA?wmode=transparent&start=0" width="440" height="260" frameborder="0" allowfullscreen="allowfullscreen"></iframe></figure> “Nurturing national unity”. An innovation of Morrison’s at the beginning of the pandemic was the national cabinet. Bringing together the prime minister and premiers, it worked effectively for a time, only for partisan interests over lockdowns to strain relations between Canberra and the states. Under pressure, Morrison also flirted with divisive culture-war politics, instances being his divisive Religious Discrimination Bill and his egregious handpicking of the anti-transgender Liberal candidate Katherine Deves to contest the 2022 election. “Defending and promoting Australia’s interests abroad”. The AUKUS pact has vehement critics, led by Morrison’s prime-ministerial peers Keating and Turnbull, who argue it jeopardises national sovereignty. There is no denying, however, that AUKUS was Morrison’s signature foreign policy enterprise. On the other hand, Australia’s reputation as a laggard on climate change under the Coalition hurt our international standing, not least among Pacific neighbours. The Morrison government’s belated commitment to a net zero carbon emissions by 2050 target was too little, too late. Bellicose rhetoric towards Beijing also led to a deterioration in relations with the nation’s major trading partner (as well as estranging Chinese-Australian voters). “Being able to manage turbulent times”. Here, again, Morrison’s record is at best mixed. In his favour is decisive early actions to ameliorate the COVID pandemic, headed by the JobKeeper program. As the pandemic progressed, however, his government was too often flat-footed, demonstrated by its dilatory approach to procuring vaccines. His response to natural disasters, most notably the 2019-20 Black Summer bushfires, was another shortcoming, exemplified by his secret holiday to Hawaii in the midst of the crisis. Arguably, his prime ministership was doomed from that moment. <h2>And the verdict?</h2> Prime-ministerial reputations can take time to settle. The passing of years fleshes out historical knowledge as well as providing greater perspective on performance in office. For example, the fate of AUKUS will quite possibly affect Morrison’s standing well into the future. Even allowing for this, it seems safe to forecast that Morrison will be rated among the least distinguished of Australian prime ministers. His government’s relatively successful early management of the COVID pandemic and the legacy of AUKUS might spare him from falling below McMahon and Abbott at the bottom of the prime-ministerial heap. But avoiding that ignominy will probably be a close-run thing.<img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/223003/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /> <a href="https://theconversation.com/profiles/paul-strangio-1232">Paul Strangio</a>, Emeritus professor of politics, <a href="https://theconversation.com/institutions/monash-university-1065">Monash University</a> Image credits: Getty Images This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/as-scott-morrison-leaves-parliament-where-does-he-rank-among-australian-prime-ministers-223003">original article</a>.

Retirement Life

Scott Morrison resigns from parliament

Former Prime Minister Scott Morrison has resigned from parliament, marking an end to his 16-year career in politics. Mr Morrison said he would leave politics at the end of February, setting up a by-election a year out from the next federal election. In a lengthy statement, the 55-year-old explained that he would be stepping back from politics to spend more time with his family, and be more involved in his church community. ScoMo paid tribute to his family – wife Jenny and daughters Lily and Abbey – in the statement, who he said “have sacrificed a great deal to support my service to our country and local community”. “I am grateful for their support, but the time has come for me to return to my private life and support my family to pursue their goals and for us to spend more time together as a family,” he said. “I am also looking forward to being more active in my church community outside the constraints of public office.” Mr Morrison said it had been his “great privilege” to represent his constituents in the Sydney electorate of Cook and noted the decision to leave had been “difficult”. “However, I believe the timing is now right to move on to a new season with my family and take on fresh challenges,” he said. After making the announcement of his resignation, Morrison appeared on Sky News to discuss his lasting legacy as one of Australia’s most controversial prime ministers. He told the Sky News’ Paul Murray, “I’m sure there’s things that people will need to forgive me for and I’ll forgive them. You just don’t carry these things around with you. You look forward.” He then quoted former US president Theodore Roosevelt, who Mr Morrison described as a “hero” for him. “He used to talk about – I’m one of those ones who was on the field, who has known victory and defeat, not one of those timid souls who have known neither, and just looks on from the outside,” he said. Image credits: Getty Images

News

"Devastated": James Morrison's partner dies aged 45

British singer James Morrison is grappling with the heartbreaking news of the sudden death of his partner, Gill Catchpole, as <a href="https://www.bbc.com/news/uk-england-gloucestershire-67910325" target="_blank" rel="noopener">reported by the BBC</a>. Catchpole, 45, who had been in a relationship with the renowned hitmaker since their teenage years, was discovered lifeless on Friday at her residence in Gloucestershire, UK. Authorities have issued a statement indicating that the coroners and the woman's next of kin have been informed. While her death is currently labeled as "non-suspicious", the details surrounding the tragedy remain undisclosed. The couple, who had been together since their youth, leaves behind two daughters. Morrison, 39, has not yet made any public statements regarding the news, and his latest Instagram post from a recording studio only days before the incident hinted at new beginnings and adventures for the year. In the face of this tragedy, followers flooded Morrison's Instagram comments section to offer their condolences and support to the grief-stricken singer. The outpouring of sympathy from fans reflects the deep connection that Morrison has forged with his audience over the years through his soulful music. Morrison, originally from Warwickshire, rose to fame with hits like "You Give Me Something" and "Broken Strings". Despite his success in the music industry, Morrison has faced significant personal losses in recent years, having lost his father, brother and nephew within a span of three years. According to reports from The Sun, Morrison is described as "devastated" by the untimely passing of Catchpole. The couple's enduring connection, from their challenging beginnings to the shared joy of raising a family, has become a poignant chapter in Morrison's life. In a previous interview on the White Wine Question Time podcast, Morrison nostalgically shared the story of how he and Catchpole first crossed paths. Their initial encounter occurred when she moved in with her then-boyfriend as a lodger in Morrison's mother's house. Despite the unconventional start, Morrison considered it a romantic tale, describing their journey as a "little fairy tale". As the news of Gill Catchpole's passing reverberates through the music world and beyond, James Morrison's supporters join him in mourning the loss of a loved one and offering their heartfelt condolences during this difficult time. Images: Facebook / Instagram

Caring

Former Neighbours star’s stunning Yarra Valley wedding

In a celebration filled with love, laughter and music, singer and former Neighbours star Bonnie Anderson tied the knot with her beau, Samuel Morrison, in a breathtaking ceremony at the enchanting Acacia Ridge Vineyard in Yarra Valley, Victoria. The 29-year-old songstress and her landscaper husband exchanged vows in the presence of their closest family and friends, marking the beginning of a beautiful journey together. The radiant bride walked down the aisle in a sleeveless, halter-neck lace gown crafted by the talented Australian designer Jason Grech, while the dashing groom looked ever so handsome in a classic black tuxedo. The picturesque vineyard provided the perfect backdrop for this special day, creating an atmosphere of pure magic and romance. Sharing their joy with the world, Anderson captioned the first wedding photo on Instagram with the simple yet powerful words, "Mr and Mrs Morrison." The newlyweds flooded their social media with countless photos and videos, giving fans a glimpse into the magical celebration of their love. During the reception, the talented bride took the stage once again, not only as a singer but as a romantic lyricist. Anderson serenaded her new husband with a heartfelt song she had written especially for him, creating an unforgettable moment as their guests gathered around to witness their love story unfold. The celebration continued inside a marquee on the sprawling estate, where the bridesmaids, adorned in elegant black satin gowns, kicked off the festivities with a rehearsed entrance set to the iconic Beyoncé hit, "Single Ladies". Dinner was served, and the atmosphere was electric as the bride treated the guests to her musical prowess before the DJ took over, transforming the evening into a dance-filled extravaganza. In a pre-wedding interview with the Herald Sun, Anderson expressed her desire for the celebration to be a "big party" filled with entertainment and music, and she certainly delivered on that promise. Life may be chaotic as a mum, singer and wedding organiser, but for Bonnie Anderson, the chaos is well worth the joy that comes with looking forward to the future. The couple, who had already welcomed their bundle of joy, Bobby, in December the previous year, radiated happiness and love throughout the day. Anderson, who found fame at the tender age of 12 as the first winner of Australia's Got Talent in 2007, has come a long way, gracing the screens of Neighbours from 2018 to 2021. Now, as Bonnie Morrison, she begins a new chapter in her fairy tale alongside Samuel. As they dance into the rest of their lives together, Bonnie and Samuel Morrison serve as a testament to the enduring power of love, the magic of music, and the joy of sharing life's grandest moments with those who matter most. Cheers to the newlyweds, and may their journey be filled with endless love, laughter, and, of course, more unforgettable music! Images: Instagram

Relationships

Modern prime ministers have typically left parliament soon after defeat. So why doesn’t Scott Morrison?

<a href="https://theconversation.com/profiles/paul-strangio-1232">Paul Strangio</a>, <a href="https://theconversation.com/institutions/monash-university-1065">Monash University</a> With each passing month, Scott Morrison is developing into a post-prime-ministership peculiarity. Well over a year since voters cast him from power, he remains limpet-like in the House of Representatives, defying speculation that he is ready to quit parliament and trigger a byelection in his New South Wales seat of Cook. Hanging around on the backbench is generally not the way of ousted national leaders in the modern political era. It is true that in bygone times former prime ministers did not scurry to leave parliament after losing office. The most spectacular example is Australia’s leader during the first world war, William Morris Hughes. Bumped from office in 1923, the “Little Digger”, as he was known, remained in the House for another three decades, relentlessly scheming for power. Only death in 1952 brought closure to his parliamentary career. Since the 1980s, however, the habit of former PMs has been to hastily abandon politics once the mantle of office has slipped their grasp. Malcolm Fraser established this modern pattern, triggering a byelection in his seat of Wannon two months after his Coalition government was defeated by the Bob Hawke-led Labor Party in March 1983. From that time there have been few exceptions to this norm. Deposed from office by Paul Keating in December 1991, Hawke was out of the parliament by February 1992, with his seat of Wills won by the independent, Phil Cleary. Keating, too, followed the trend. After his Labor government lost power to the John Howard-led Coalition in March 1996, Keating resigned from the House the following month. For Howard, the decision was taken out of his hands, as voters not only finished his prime ministership in November 2007 but terminated his more than three decades as the member for Bennelong. Howard’s slayer, Kevin Rudd, did buck the trend after he was overthrown by caucus colleagues in June 2010. Convinced of the righteousness of his resurrection and thirsting to avenge his usurper, Julia Gillard, he stayed on for another parliamentary term, wresting the prime ministership back in June 2013. However, when electors put an end to his second government three months later, Rudd swiftly exited politics. Meanwhile, Gillard had resigned as the member for Lalor only weeks after being dethroned by Rudd. Prone to eccentricity, Tony Abbott is the clearest exception to the rule of modern ex-PMs not dallying in parliament once their reign is over. Deposed by Malcolm Turnbull in September 2015, less than two years after becoming prime minister, Abbott lingered mostly aimlessly on the backbench for the rest of that term and the next. Recontesting his seat of Warringah again at the May 2019 election, he lost to the independent, Zali Steggall. In contrast to Abbott, Turnbull left parliament with almost unseemly haste once he was unseated from power. After being dumped from the leadership in favour of Morrison in August 2018, he tendered his resignation as the member for Wentworth within a week. In the ensuing byelection, his seat too went to an independent, Kerryn Phelps. How do we explain the modern pattern of former prime ministers sprinting to the exit door once their time in office is over? In earlier times, there was a role for ex-leaders as elder statesmen in parliament. The best example is the Great Depression-era PM, Labor’s James Scullin. Despite failing health, he remained in the House for nearly another two decades and served as a trusted confidant to John Curtin throughout the harrying days of the second world war. Modern former prime ministers can be a source of counsel to their successors, offering advice both welcome and unwelcome. But there is no appetite among colleagues for them to hang around in parliament fulfilling that function. The media are quick to portray them as an unhelpful distraction or curiosity, while opponents point-score off them. Better they are out of the way. Another reason modern former leaders are impatient to move on is that, with extended lifespans and expanded opportunities post-office (for example, book-writing deals, lecture circuits, ambassadorships, business ventures, NGO and think-tank appointments), ex-PMs can now enjoy a second wind once out of parliament in a way that was not so open to earlier predecessors. Politics is now less of a lifetime vocation. Why, then, is Morrison clinging on? We can discount his declarations that he is relishing being the member for Cook. Being a humble backbencher visits daily humiliation on him. Indeed, Morrison’s post-prime ministership has been most notable for his reputation being tarnished by revelations of his bizarre commandeering of several portfolios while PM, and by the adverse findings against him by the Robodebt Royal Commission. These scandals have undoubtedly complicated an early departure for Morrison because, in going, he would be seen to be retreating in disgrace. He needs time and space from the scandals for the semblance of a dignified escape. The opportunities Morrison had hoped for following politics have potentially also thinned because of his sullied reputation. Finally, there is the political calculation surrounding his exit for his party. Stay or go, Morrison is a headache for Opposition Leader Peter Dutton. As long as the scandal-ravaged Morrison hangs around, he is damaging the Liberal brand. Yet a byelection in his electorate is also unwelcome. Though Cook is very safe on paper, the history of the seats of three former PMs going to independents over the past 30 years is intriguing and not to be lightly dismissed.<img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/212544/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /> <a href="https://theconversation.com/profiles/paul-strangio-1232">Paul Strangio</a>, Professor of Politics, <a href="https://theconversation.com/institutions/monash-university-1065">Monash University</a> Image credits: Getty Images This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/modern-prime-ministers-have-typically-left-parliament-soon-after-defeat-so-why-doesnt-scott-morrison-212544">original article</a>.

Legal

Cheques to be phased out by 2030

Cheques will be phased out in Australia by 2030 as the federal government aims to improve the nation’s payments system. Treasurer Jim Chalmers revealed his plan for major reforms in the way payments are made which will focus on cashless and mobile financial transactions. In a speech to the Australian Banking Association (ABA) in Sydney, he said Australia’s ageing payments infrastructure was restricting the country’s productivity levels. Chalmer’s said phasing out cheques and introducing a more efficient New Payment Platform would steer Australia into the path of a digital economy. The reforms will provide direction for the banks and payments industry’s investment in future technology, ABA chief executive Anna Bligh said. "With cheques now in steady decline and accounting for only 0.2 per cent of all payments, it's time to have a smooth and well-planned process to phase out this form of payment. "Australian banks will work with the government to ensure that customers and businesses are ready for a gradual and orderly phase out.” One of the more significant reasons behind the decline in cheques can be attributed to the costs to individuals and financial institutions. After consulting with states, territories and industry and community groups, cheques will cease by 2023. The reform will see Australia in line with several major economies that have already eradicated cheques. Image credit: Getty / Shutterstock

Money & Banking

"What am I going to do?”: Centrelink mother points out crucial flaw in new budget policy for parents

An unemployed mother who relies on Centrelink benefits has broken down while noting a fatal flaw in Treasurer Jim Chalmers’ Federal Budget promises to parents. Jessica Blowers told ABC’s Q&A program that she will be forced off the Single Parent Payment when her daughter turns eight in August, leaving her unable to afford the rent increases. Currently, single parents can claim the Parenting Payment of $949.30 a fortnight until their youngest child turns eight. By September 2023, the age limit for the pay rise to when the youngest child is 14, as part of Chalmers’ budget. Ms Blowers is one of many copping the brunt of it as her daughter’s 8th birthday is four weeks before the new rules begin. She will also see a rent increase during that period from $900 a fortnight to $960. “What am I going to do? What is my choice, other than I am doing my best to get a job so that I can keep a house over my daughter's head,” she stressed to the treasurer. “When I'm applying for the jobs, I am faced with being told that more than 100 other candidates have applied for the same jobs - I'm not sure how I am supposed to compete against 100 other people for one job.” Ms Blowers added she “would like to know what measures the government has in place to bridge the gap that I and other parents in similar situations will find ourselves in”. “I don't have anywhere to go because I am paying my entire pension in rent. Everywhere else in Sydney is comparable to that.” Although sympathetic to her situation, Chalmers said those suffering like Ms Blowers were “the reason why we are lifting the age from eight to 14”. “This is something we were really keen to do in the Budget because we recognise the pressure that you are under as a single mum,” he explained. However, Chalmers was adamant that the new system could not be introduced any earlier than September 20, 2023. “We've tried to do is bring that change in as soon as possible. We think September is the soonest that we can do it,” he said. “I understand that that means a few weeks for you going from the current payment onto JobSeeker and (then) back onto the single parenting payment. “I would love to avoid that if we could, but what we're trying to do is provide this extra assistance ... that you need and deserve. If we could avoid those couple of weeks, we would, but September is the best we can do.” In total, some 57,000 single parents, 90 per cent of whom are women, will benefit from the new scheme. Previously they would have been moved onto the lower JobSeeker rate when their youngest child turned eight. “By age 14, children have typically settled into high school and need less parental supervision, and single parents are in a much stronger position to take on paid work," Prime Minister Anthony Albanese said when the policy was announced. Historically, the single parent payment was eligible for singles with children aged up to 16. But former prime minister John Howard, later supported by Julia Gillard, cut the age to eight in an attempt to encourage parents back into the workforce. Two advisory bodies have called for the government to extend the payment and the eligibility criteria. It is understood mutual obligation requirements will remain in order to continue encouraging parents to go back to work. Speaking to Nova radio in Perth, Mr Albanese explained he knew “firsthand what it's like to grow up with a single mum doing it tough”. “We want to look after single parents because we know that the role that they play in raising their children is such a priority for them and they’re deserving of more support,” he said. Image credit: ABC Q&A

Money & Banking

Reese Witherspoon announces shock family update

Reese Witherspoon and Jim Toth have announced their divorce after over a decade of marriage. In a joint statement posted to Witherspoon’s Instagram, they shared that it was “a difficult decision”. “It is with a great deal of care and consideration that we have made the difficult decision to divorce,” Witherspoon said in the statement. “We have enjoyed so many wonderful years together and are moving forward with deep love, kindness, and mutual respect for everything we have created together. “Our biggest priority is our son and our entire family as we navigate this next chapter. These matters are never easy and are extremely personal. “We truly appreciate everyone’s respect for our family’s privacy at this time.” <blockquote class="instagram-media" style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/p/CqLzAB_vgc-/?utm_source=ig_embed&utm_campaign=loading" data-instgrm-version="14"> <div style="padding: 16px;"> <div style="display: flex; flex-direction: row; align-items: center;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;"> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;"> </div> </div> </div> <div style="padding: 19% 0;"> </div> <div style="display: block; height: 50px; margin: 0 auto 12px; width: 50px;"> </div> <div style="padding-top: 8px;"> <div style="color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;">View this post on Instagram</div> </div> <div style="padding: 12.5% 0;"> </div> <div style="display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;"> <div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);"> </div> <div style="background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;"> </div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);"> </div> </div> <div style="margin-left: 8px;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;"> </div> <div style="width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);"> </div> </div> <div style="margin-left: auto;"> <div style="width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);"> </div> <div style="background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);"> </div> <div style="width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);"> </div> </div> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;"> </div> </div> <p style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;"><a style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;" href="https://www.instagram.com/p/CqLzAB_vgc-/?utm_source=ig_embed&utm_campaign=loading" target="_blank" rel="noopener">A post shared by Reese Witherspoon (@reesewitherspoon)</a> </div> </blockquote> Witherspoon’s marriage to Toth, a fellow actor, producer and talent agent spanned just shy of 12 years. The decision to call it quits came as the marriage had become platonic, Page Six reported. According to Architectural Digest, the pair sold their seven bedroom, 10 bathroom English Country-style estate for $21.5 million back in 2020. They co-parent two children together, Ava and Deacon, from Witherspoon’s first marriage to actor Ryan Phillipe, and share a son, Tennessee James Toth. In an interview with Harper’s BAZAAR, Witherspoon said that Toth was the reason behind her starting a production company, “He said, ‘You should produce movies. You read more books than anybody I know. You should just buy some of them and turn them into films.” Despite their divorce, Witherspoon had told the outlet they enjoyed being wed and was lucky to be with someone who supported and appreciated her. Image credit: Instagram

Relationships

Murderer and Eric Clapton drummer dies at 77

Jim Gordon, an infamous session drummer from the ‘60s and ‘70s, has passed away at the age of 77. Gordon, who in his prime played with the likes of the Beach Boys and George Harrison, died in a psychiatric prison in California’s Vacaville. He had been sentenced to 16 years to life after killing his mother during a psychotic episode in 1983, and it is reported that he never attended parole hearings, or ever left prison. His publicist Bob Merlis confirmed the news in a statement, where he also explained that Gordon had died of natural causes. Gordon was born and raised in Los Angeles, and opted to pursue a career as a drummer while a teenager, even turning down a scholarship to UCLA. At just 17, he toured the United Kingdom with the Everly Brothers. His professional resume only grew from there, with Gordon going on to become on the primary drummers for George Harrison’s All Things Must Pass. Additionally, he contributed to songs by The Beach Boys on Pet Sounds, Cher, Nancy Sinatra, Judy Collins, and Bobby Darin. In 1970, he formed a group - Derek and the Dominos - with Eric Clapton. Together they wrote the hit ‘Layla’, with Gordon playing both piano and drums. Gordon’s girlfriend at the time, Rita singer Coolidge, claimed she had written the piano section. Gordon’s relationship with Coolidge ended when he physically assaulted her. As the years went by, Gordon developed issues with addiction, telling Rolling Stone in 1985 that he considered himself to be an alcoholic, and admitted to using heroin. By the late ‘70s, after he had confessed to hearing voices in his head, his mother had requested he seek help. “He used to talk to me about hearing voices,” Bobby Whitlock informed Rolling Stone in 2013, “but I told him that it was his consciousness speaking to him. He said it was someone else. Evidently he never stopped or even lightened up on his drug and alcohol intake. “The end result was the destruction of his family.” As Gordon’s mental health deteriorated, so did his career. He claimed to often hear his mum’s voice, and despite a number of medical interventions, he never maintained a consistent treatment schedule. And in June 1983, his mother paid the price, when Gordon fatally struck the 71-year-old Osa Marie Gordon with a hammer and knife. In the wake of her murder, Gordon was diagnosed with schizophrenia, and sentenced to his 16-years-to-life in prison. In 2018, he was deemed to still pose “an unreasonable risk of threat to public safety.” However, those who had known and worked with Gordon before the dark period of his life wanted to pay tribute to the late drummer, taking to social media to write of his professional success, citing some of his greatest hits and collaboration. Gordon’s publicist, Eric Alper, did so while confirming the news, adding that he “will be missed.” <blockquote class="twitter-tweet"> Jim Gordon, one of rock’s all-time greatest drummers, has died at the age of 77. Not only did he play in the Wrecking Crew, but also with Derek and the Dominos, Joe Cocker, Gordon Lightfoot, Merle Haggard, Joan Baez, Tom Petty, and hundreds of others, and will be missed. <a href="https://t.co/m3jP5LKaqB">pic.twitter.com/m3jP5LKaqB</a> — Eric Alper 🎧 (@ThatEricAlper) <a href="https://twitter.com/ThatEricAlper/status/1636133384853282818?ref_src=twsrc%5Etfw">March 15, 2023</a></blockquote> Eric Clapton’s ex-wife - Pattie Boyd - to whom he was married 10 years, paid her respects with a throwback picture of Gordon at a drum kit, writing that she was “sorry to hear of the passing of Jim Gordon.” <blockquote class="twitter-tweet"> I'm sorry to hear of the passing of Jim Gordon. Some of you will know that Jim co-wrote 'Layla' with Eric when they were both in Derek & The Dominoes. Jim also worked with George on the 'All Things Must Pass' album. RIP <a href="https://t.co/83YPA664yt">pic.twitter.com/83YPA664yt</a> — Pattie Boyd (@thepattieboyd) <a href="https://twitter.com/thepattieboyd/status/1636388726850072576?ref_src=twsrc%5Etfw">March 16, 2023</a></blockquote> Images: Twitter, Getty

Music

"We’re all f***ed if that happens": 60 Minutes' stunning f-bombshell

60 Minutes reporter Tom Steinfort spoke for Australians all across the nation when he swore at Treasurer Jim Chalmers in an interview on interest rates. The exchange transpired as homeowners brace for a 10th consecutive rate rise, with the move expected to produce the highest interest rates Australians have seen in the past decade. “Do you see similarities between now and what happened in the early ‘90s?” Steinfort asked the treasurer, referencing a difficult period of recession for Australia. “There’s absolutely no chance that interest rates will get to the level that they were at in the early 1990s. I wanna make that clear,” Chalmers responded. And while the treasurer had wasted no time in giving his answer, it wasn’t enough to stop Steinfort from scoffing, “yeah, well, we’re all f***ed if that happens.” In January 1990, interest rates peaked - or hit rock bottom - at a record high of 17.5 per cent. And now, the RBA is set to deliver more bad news - passing on another 0.25 per cent interest rate rise - with homeowners already feeling their wallet strings tightening when faced with the disparity between house prices and annual wages. Australia’s inflation rate of 7.8 per cent marks the highest level since the early 1990s and is over twice that of the RBA’s 2-3 per cent inflation target - one they adopted in 1993. - the RBA took on its inflation target in 1993. Experts fear that further interest rate hikes will see Australia face its first recession since 1991, a concern that Steinfort clearly shares. Elsewhere in the interview, Steinfort wanted to know if Chalmers believed Australians had seen the worst of the inflation crisis, asking, “do you think we’ve hit the inflation peak?” “That’s our expectation, yeah,” Chalmers said. “We think that’s most likely, uh, that inflation peaked at Christmas time and has started to moderate. But we won’t know until we get that next set of data.” “You think we might be through the worst of it?” Steinfort pressed. “Well, I think inflation is starting to come off,” Chalmers responded, before adding that despite his optimism, Australians shouldn’t expect for things to get easier overnight, “but even as it moderates we can’t be complacent about it, because it’s still going to be a challenge in ‘23, just like it was in ‘22.” “You paint a picture that we’ve turned a bit of a corner and that there are better times ahead, but the people we’re speaking to - I mean, even when I look at my home mortgage bill - we’re not feeling it,” a sceptical Steinfort pointed out. To which a smiling Chalmers answered, “yeah, I understand, and I think that certainly the prime minister understands, and that the government understands, that people are under real pressure now. “We’re doing what we can to deal with it within the constraints of a responsible budget.” <blockquote class="twitter-tweet"> Federal treasurer Jim Chalmers believes we’ve already seen the worst of Australia’s inflation problem. However he says 2023 will still be a challenging time for many families. Watch <a href="https://twitter.com/hashtag/60Mins?src=hash&ref_src=twsrc%5Etfw">#60Mins</a> on <a href="https://twitter.com/9Now?ref_src=twsrc%5Etfw">@9Now</a> <a href="https://t.co/4G5tZZO3fU">pic.twitter.com/4G5tZZO3fU</a> — 60 Minutes Australia (@60Mins) <a href="https://twitter.com/60Mins/status/1632322412959215617?ref_src=twsrc%5Etfw">March 5, 2023</a></blockquote> Images: 60 Minutes

Money & Banking

Anthony Albanese confirms changes to superannuation

Australia’s super rich are set to pay more on their superannuation funds, Prime Minister Anthony Albanese has confirmed. The announcement came <a href="https://www.oversixty.com.au/lifestyle/retirement-life/major-overhaul-of-aussie-superannuation-system-touted" target="_blank" rel="noopener">one week after Treasurer Jim Chalmers declared</a> there would be a review of the superannuation scheme’s future, and that the proposed changes would only impact about 0.5% of Australians, with the added benefit of saving the budget $2b. The changes would see Australians with over $3m in their super accounts have their concessional tax rate doubled - from 15 per cent to 30 per cent - and won’t be effective until around 2025-26. On average, Australians have about $150,000 in their super accounts. However, for the 80,000 individuals with over $3m to their name, the average rises to a substantial $6m. The remainder, the other 99.5 per cent of Australians, are set to continue receiving the same tax breaks as they were before, according to Chalmers. Albanese has now stated that this marks an “important reform” and would not alter the fundamentals of the existing system, and if anything would only serve to make it stronger. “With 17 people having over $100 million in their superannuation accounts, one individual with over $400 million in his or her account, most Australians would agree that this is not what superannuation is for. It’s for people’s retirement incomes,” he explained. “Confronted with this information, it would be irresponsible to not take any action whatsoever. This reform will strengthen the system by making it more sustainable.” In a statement, Chalmers expanded on the situation, saying, “the majority of these super tax breaks go to high income earners. “For instance, over 55 per cent of the benefit of superannuation tax breaks on earnings flow to the top 20 per cent of income earners, with 39 per cent going to the top 10 per cent of income earners.” Chalmers also explained how the government inherited $1 trillion of debt, and that it was becoming increasingly more expensive with rising interest rates. “We have persistent and growing spending pressures,” he explained. “Budget pressures are intensifying, rather than easing. This is the mess that we were left with and this is the mess we’re trying to clean up. “This announcement is part of the effort. Every dollar spent on a tax break with tens of millions of dollars in super, is a borrowed dollar that makes the deficit bigger.” He added that higher earners would still receive tax concessions, although people shouldn’t expect them to be quite as generous anymore. “I’m confident that Australians will see this change as modest, reasonable, and fair. But one which makes a difference to the sustainability and affordability of the superannuation system that we cherish.” Anthony Albanese assured Australians that the changes did not mean that the concessional tax would be altered for the remaining 99.5 per cent of Australians. “People can see what we’re doing here,” he said. “Which is why we’re proposing a change that will have an impact on 0.5 per cent of the population. There will be no changes this term [to super]. Even this change. “We can’t be clearer.” Images: Getty

Retirement Income

Major overhaul of Aussie superannuation system touted

There may be a major change coming to Australia's $3.3 trillion superannuation system, with Treasurer Jim Chalmers looking to crack down on early access. Chalmers will be speaking to call for an objective for superannuation that will emphasise the need for it to be preserved until retirement. This would make it harder for Australians to access their funds early. The federal opposition are taking a different stance and have pushed for early access to remain open as part of a first home buyers scheme. John Kehoe, Australian Financial Review economics editor, told Today $36 billion had been withdrawn from Australians’ collective super during the COVID-19 pandemic. "That's something that Labor wants to shut the door on," he said. Kehoe said there were two sides to the first home buyers scheme, saying that people accessing their super early could drive prices higher. "The retirement income system showed the best way to have financial security in retirement is owning your own home," he said. "It is people renting in retirement that do it really tough.” Independent Senator Jacqui Lambie expressed her view on the proposal, saying life wasn't "black and white.” "There are things that happen in our lives where that money may come in handy, whether it is part of that money, or 20 per cent of that money, just to keep us afloat," she said. "And especially in the next two years, if we are going into recession, if there are guys out there who can dig in to make sure we can keep the roof over their head, to continue to pay their house rates, we have to be a bit more flexible than that when we are going through tough times." Image credit: Getty

Retirement Life

What explained the seismic 2022 federal election?

The 2022 Australian federal election was distinctive in two ways. First, it was held in the wake of a major crisis – the COVID-19 pandemic. While the salience of the pandemic had subsided by the time of the election, voters’ assessments of the Coalition government’s performance on the pandemic proved to be a major factor in their voting decision, as did the cost of living crisis it helped create. Second, almost one in three voters cast their ballots for a minor party or independent candidate, the highest since the 1930s. Of the two major parties, the Liberals fared worst, winning their lowest seat share since 1946 (the first election the party contested). But Labor didn’t reap the benefits of this Liberal decline, with the party recording its lowest primary vote since the 1930s. What explains this seismic result, and what does it tell us about the future of electoral politics in Australia? Using the just-released 2022 Australian Election Study (AES) – a comprehensive post-election survey conducted at each election since 1987 – we can answer these questions. <h2>Why the Coalition lost</h2> A perception of poor government performance played a key role in the Coalition defeat. In 2022 there were three performance explanations for the Coalition’s defeat – the economy, the pandemic, and Scott Morrison’s leadership. With rising inflation and a cost of living crisis, around two-thirds of voters thought the economy had worsened in the 12 months leading up to the election. This was the most pessimistic view of the economy in over three decades. In previous elections, voters have usually preferred the Coalition over Labor on economic issues. In 2022, however, voters preferred Labor over the Coalition on the cost of living – the single biggest issue in the election. The Coalition’s performance on the pandemic was also regarded as unsatisfactory. Just 30% of Australians thought the federal government had handled the pandemic well. Indeed, voters had much more favourable views of their state governments’ performance. Because virtually the whole period between the 2019 and 2022 elections was dominated by the pandemic, the public’s evaluations of the Morrison government’s performance were therefore closely associated with the pandemic. The third reason for the Coalition defeat was the negative opinions many voters formed of Morrison’s leadership. While Morrison was generally popular when he won the election in 2019, by 2022 he had become the most unpopular major party leader since at least 1987. Morrison wasn’t considered honest and trustworthy, two of the traits most closely associated with how favourable we view leaders. The public’s dislike of Morrison has its origins in his Hawaii holiday during the 2019-20 bushfires, and was strengthened by a perception of poor performance in the second year of the pandemic. <h2>Labor’s ‘victory by default’</h2> Labor won the election despite their record low vote and a 0.8% swing against them. Indeed one newspaper <a href="https://www.theaustralian.com.au/nation/politics/anthony-albanese-wins-but-its-a-victory-by-default-for-labor/news-story/75b7d87c9b61157a16dc6d772c306deb" target="_blank" rel="noopener">described</a> it as a “victory by default”. During the election campaign, Labor adopted a “small target” strategy. While Labor fought the 2019 election on ambitious proposals for tax reform, in the 2022 election they avoided putting forward policies that would deter voters, and emphasised their policy agreement with the Coalition – even promising to keep the Coalition’s stage three income tax cuts. The effects of this change in Labor strategy are evident in the AES data. Fewer voters cast their ballots based on policy preferences than in 2019, and the proportion of voters who saw “a good deal of difference” between the parties declined from 40% in 2019 to 28% in 2022. Labor also entered the election with Anthony Albanese as leader, who was more popular than both Scott Morrison and Labor’s predecessor, Bill Shorten. The previous majority government win for Labor in 2007 was one that generally inspired voters. Indeed in 2007, Kevin Rudd was the most popular prime minister in the history of the AES, and satisfaction with democracy was at a record high at that time. By contrast, Labor’s 2022 win was more about directing attention to the Coalition’s weak performance, rather than putting forward a policy agenda that was really attractive to voters. <h2>The big movers: women and young people</h2> The 2022 election brought into sharp focus two major changes in party support that have been slowly eroding the social bases of the major parties: gender and generation. There’s a significant gender gap in voter behaviour – since the early 2000s, fewer women have voted for the Coalition than men. Labor has the opposite gender voting gap, attracting more votes from women than men (though to a lesser extent). Since 2016, the gender gap in voting has been greater than in all previous elections covered by the AES. In 2022 just 32% of women voted for the Coalition, the lowest share ever. One contributing factor to this collapse in female support for the Coalition is the treatment of women within the Liberal party. The divide between how younger and older generations of Australians vote is more pronounced than the gender gap. Millennials (the oldest of whom are now in their 40s) and Generation Z (those born after 1996) make up an increasing proportion of the electorate, greatly outnumbering Baby Boomers. These younger generations have different voting patterns to previous generations at the same stage of life, and are also much further to the left in their party preferences. Just 27% of Millennials said they voted for the Coalition in 2022. At no time in the 35-year history of the AES has there been such a low level of support for either major party among younger people. The assumption that Millennials and Gen Z will shift to the right as they age hasn’t been supported by the evidence thus far. Which generation one is in seems to have a much more significant effect on voting behaviour than one’s age. Therefore, the implication is the electorate is moving further to the left and becoming more progressive across a range of policy areas. <h2>Increasing voter volatility</h2> As the traditional social bases of the major parties have gradually changed, so too have the political ties that have bound voters to parties. Around one in four voters say they don’t have an attachment to a political party, the highest figure ever recorded in the AES. The proportion of voters who considered voting for another party during the election campaign, at 36%, has at no time been higher. This is reflected most dramatically in the proportion of voters who said they had always voted for the same party. In 1967 this figure was 72%, and in 2022 it declined to an all-time low of 37%. <h2>What now for the party system?</h2> If voters are drifting away from the major parties, who are they choosing instead and what are the implications for the party system? The “teal” independents were obviously an important beneficiary. However, most teal voters were former Labor and Green voters casting a tactical vote to unseat a Liberal candidate. The medium-term fate of the teals will depend on how far they can create a distinct political identity to hold their support together at the 2025 election. More broadly, support for minor parties and independent candidates will continue to increase. The gradual changes in voting behaviour that are taking place, and which were especially pronounced in the 2022 election, represent an existential crisis for the Liberals. With their support base declining through generational replacement, they must not only attract new voters but also stem defection to give themselves a chance of election. As the political agenda moves towards support for action on climate change, constitutional recognition for Aboriginal and Torres Strait Islander people, and (perhaps) moving to a republic – all issues on which the Coalition is divided – it’s unclear where these new voters will come from. This article originally appeared on <a href="https://theconversation.com/what-explained-the-seismic-2022-federal-election-the-australian-election-study-has-answers-195286" target="_blank" rel="noopener">The Conversation</a>. Images: Getty

Legal

“A disgrace”: Grace Tame slams Scott Morrison

Grace Tame has hit out at former Prime Minister Scott Morrison, describing his secret acquisition of several government portfolios as a “disgrace”. Appearing on Thursday night’s episode of Q&A, Ms Tame was asked about her thoughts on Mr Morrison’s self-appointment to five ministerial portfolios during his time as Australia’s leader, and the 23-year-old activist had plenty to say. “The gaslighting, the dishonesty, was another level that we witnessed,” she said. “He wasn’t even a good enough villain – he had the ambitions of Voldemort with the brains of Peter Griffin,’ she added, referring to the villain of the Harry Potter series and main character of the TV series Family Guy. “It’s very important that we have people in positions of power that we can trust. “It was a disgrace – we need better than that.” Her comments come after Mr Morrison became the first former Prime Minister to be censured in federal parliament - a rare move to show parliament’s condemnation of his actions. Mr Morrison was condemned by members of the House of Representatives for failing to disclose that he had appointed himself as the minister for health, finance, home affairs and industry, energy, resources, science and treasury. During the Q&A episode, Ms Tame also revealed that she has considered stepping back from her public life, given that the man who sexually abused her as a child has continued to harrass her. “I’ll be honest with you, yes I do (think about stepping back),” she said. “I’ve had a really hard 24 hours. This morning I was meeting with the Department of Public Prosecutions. “The child sex offender who abused me has been menacing and harassing me all this year. “He hasn’t really stopped for the last 12 years, behind the scenes.” Images: Twitter / Getty Images

Jim Chalmers confronted by struggling pensioner over the cost of living crisis

A struggling pensioner with just $20 in her bank account has quizzed treasurer Jim Chalmers on what essentials she should be forced to give up in order to keep up with the surge in cost of living prices. The Treasurer appeared on ABC's Q+A on Thursday night for a post-budget breakdown, when Fiona got her chance to ask him a question. “With non-discretionary items rising faster than CPI indexation, welfare recipients like myself are meant to be grateful for (the rise to indexation). What essentials should I be cutting from my budget?” she said. Age, Carer and Disability Support Pensioners will receive a rise of $38.90 a fortnight for singles and $58.80 for couples as part of routine indexation, but Fiona said it was still not enough. “It’s all falling behind, I’m playing catch up,” she said. Her desperate plea left Chalmers struggling to offer her any hope, as he warned inflation would continue to rise, forcing the government to make difficult decisions. <blockquote class="twitter-tweet"> Jim Chalmers spruiked the simplicity of his first budget, but as the price of items rises faster than the rate of welfare - is it really ‘bread and butter’ for struggling households? <a href="https://twitter.com/hashtag/QandA?src=hash&ref_src=twsrc%5Etfw">#QandA</a> <a href="https://t.co/p0eECVajlR">pic.twitter.com/p0eECVajlR</a> — QandA (@QandA) <a href="https://twitter.com/QandA/status/1588105528353296384?ref_src=twsrc%5Etfw">November 3, 2022</a></blockquote> “The best thing we can do is try and address inflation. That’s what the budget was about,” he said. <div id="indie-campaign-DifJheZrCrms7j4pmefw-0" data-campaign-name="NCA FINANCE Cashed Up Newsletter OneClick SignUp" data-campaign-indie="newsletter-signup" data-jira="TSN-268" data-from="1645448400000" data-to="1680181200000"></div> “But I don’t want to pretend to Fiona or to anyone in Fiona’s position that the budget nine nights ago fixed all of these challenges. " “I do need to be upfront with all of you about the nature of this challenge that we are confronting right now." And our best contribution to this problem is being restrained in our spending.” Dr Chalmers was called up by host Stan Grant, who said Fiona’s question had been more about hard decisions she was having to make. For example, she said she had to make the choice to go for an eye scan rather than go to a doctors appointment because her GP no longer bulk bills. Dr Chalmers was unable to give Fiona a straight answer, rather saying he understood how difficult it was for people in a similar position. “The cost of living is going through the roof, and that has a disproportionate impact on the most vulnerable amongst us, and we understand that,” Dr Chalmers said. “My responsibility to you, Fiona, and to the whole country, is to try and take the right economic decisions, to make sure we are not making inflation worse.” “The main thing I can do here – the worst thing that could happen for Fiona and for people around Australia – is if we let this inflation get out of control … That’s what I’m trying to avoid.” Image credits: Q+A / Getty Images

Retirement Income

What can we expect from the incoming budget?

Treasurer Jim Chalmers is due to hand down his first budget on Tuesday night, but “pre-budget” announcements have shed some light on what we can expect. The budget hand down will see Mr Chalmers explain how the global economy has deteriorated over this past year. He has said it will probably be necessary to spend more money than the government will raise in taxes over the next couple years, making it a budget “deficit”. While Mr Chalmers has spent the last few months lowering expectations in the lead-up to the reveal of the numbers in this budget, here is what we know about some of the major areas that will be affected. Parental Leave Australia’s current 20 weeks of paid parental leave will be extended to 26 weeks - but it won’t happen overnight. The Labor government plans to stagger the increase, adding two weeks to the program every year. The current scheme sees the primary caregiver receive 18 weeks of leave paid at the minimum wage, with two additional weeks for the partner. In July 2024, 2025, and 2026, another two weeks will be added to the program, bringing it up to a maximum of 26 weeks (or six months) of paid parental leave. The leave will also be more flexible, with parents able to split the leave more equitably or claimed in its entirety by single parents. Childcare With Labor promising to make childcare cheaper during the last election, the new government will be increasing the childcare subsidy in this budget. Legislation has already been introduced to parliament to increase the subsidy for early childhood education for 90 percent of families earning $80,000 or less a year. For every $5,000 families earn over $80,000 up to $530,000 a year, the subsidy will decrease by one percentage point. The new subsidy is due to commence from July 2023 and is expected to cost $5.1 billion over the next four years. A 12-month inquiry into rising childcare costs by the Australian Competition and Consumer Commission (ACCC) has also been announced, with the inquiry said to cost $10.8 million. Aged Care and Health In the wake of the royal commission into aged care, the government has introduced legislation to parliament to reform the sector, with an expected cost of $2.5 billion. Recommendations made by the commission are also set to be adopted, including raising the standard of care, ensuring aged care homes have a registered nurse on-site 24/7, and increasing the transparency of the sector and its funding. The government has also promised to increase wages for aged care workers, but have yet to disclose a figure. New commitments to subsidise medicine and spend more on Medicare will also feature in this budget, with Health Minister Mark Butler saying that $9.9 billion would be invested in these measures. Tax Cuts While there have been no changes to the controversial stage three tax cuts in this budget, it has been announced that the Albanese government won’t be extending the low-and-medium income tax offset (LMITO) after it expired on June 30. As a result, tax returns for the 2021-22 financial year will be the last where Australians earning under $126,000 will receive a tax offset of up to $1500. Electric cars are in, fuel excise is out The six-month fuel excise introduced by the Morrison government, which saw petrol prices drop by over 20 cents a litre, won’t be extended after it ended in September. But, legislation has been introduced to make electric cars cheaper, such as removing fringe benefits tax and import tariffs from eligible electric vehicles. It is hoped the changes will make electric vehicles more affordable, encourage their take-up and help the Albanese government meet its emissions targets. NBN Another of Labor’s election promises, the government will be injecting the National Broadband Network (NBN) with a $2.4 billion equity investment over the next four years. The government has said the investment will give 1.5 million homes and businesses the option to upgrade to faster fibre broadband access by 2025. Wellbeing and climate change In a first for Australia, the budget will dedicate a chapter to wellbeing, including outlining how the government plans to measure wellbeing going forward. For the first time since the Abbott government, the Treasury has also been asked to model the impact of climate change on the economy in this year’s budget. Legislation has been introduced for a disaster ready fund intended to help fund projects that mitigate and prepare for climate change. This will provide up to $200 million a year for projects such as flood levees, cyclone shelters, fire breaks and evacuation centres. General expectations Mr Chalmers has shared some predictions for what will happen over the next few years in relation to food costs, inflation and unemployment. The Treasurer said it’s expected that the price of food will increase significantly later this year due to the floods across NSW, Victoria and Tasmania. He said Treasury officials think annual inflation will peak at around 7.75 percent at the end of this year before declining in mid-2023, while unemployment will likely rise from its current 3.5 percent to 4.5 percent in 2023-24. Image: Jim Chalmers MP (Facebook)

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