Andrew Leigh 2022

In the economy, just as in sport, there are winners and losers. Sometimes you just play better on the day. But the rules of sport are set up to ensure fair play, and that's how the economy should function too.

BRIAN CARLTON:

Introduction

I acknowledge the people of the Kulin Nations, the Traditional Custodians of the land on which we gather today.

I pay my respects to their Elders, extend that respect to other First Nations people present today, and commit myself, as a member of the Albanese Government, to the implementation in full of the Uluru Statement from the Heart.

ANDREW LEIGH:

Thanks everyone for coming along today. My name is Andrew Leigh, the Assistant Minister for Competition and Charities and Treasury. I'll make a few remarks and I'll hand over to the OECDs Deputy Director of Tax David Bradbury.

TOM CONNELL:

Thanks Jess [Moore] and Tara [Anderson] for the introduction. It’s delightful to have so many generous altruists here in Parliament today. I acknowledge that we're meeting on the lands of the Ngunnawal people, and pay my respects to their elders, past, present and emerging. I also acknowledge parliamentary colleagues Daniel Mulino, Andrew Giles and Helen Haines.

Today the Albanese Government is pleased to announce seven important appointments to the Australian Competition Tribunal (the Tribunal).

Folk music is replete with songs about struggling employees in company towns. In Sixteen Tons, Johnny Cash sings ‘You load 16 tons, what do you get? / Another day older and deeper in debt / St. Peter, don't you call me 'cause I can't go / I owe my soul to the company store’.

This week, the Albanese Government has introduced the Treasury Laws Amendment (Refining and Improving Our Tax System) Bill 2023 (the Bill) into Parliament.

The Bill transfers administration of four unique Deductible Gift Recipient (DGR) categories to the Australian Taxation Office, and repeals provisions relating to maintenance of departmental registers.

WARREN ANDREW: