Andrew Leigh 2022

The Albanese Government’s responsible economic management has ensured the labour market has been resilient in the face of global and domestic pressures.

More than a million jobs have been created since the election, the participation rate is near record highs and the unemployment rate at 4.1 per cent is lower than its historical average.

The Albanese Government has released proposals for the first phase of our commitment to improve information on the beneficial ownership of unlisted companies.

The reforms will ensure, for the first time, that unlisted companies maintain an accurate, up‑to‑date register of their real owners.

BRENT FORD:

But there is a change that is coming in terms of the Albanese government looking to make it easier for Australians to support causes close to their heart. And Josh, I know you like supporting causes, so this is one that will be something that you find quite interesting.

JOSH HAIZER:

Yeah.

FAITH TABALUJAN:

The Labor government maintains this legislation has been broadly welcomed by producers and farming bodies. Assistant Minister for Competition, Andrew Leigh says a mandatory code of conduct is key to curbing supermarket power.

ANDREW LEIGH:

The Albanese Government is making it easier for Australians to support causes close to their hearts by reforming the tax deductibility of donations and how philanthropic funds operate.

Under the changes, the government will remove the requirement that a gift must be at least $2 before a donor can claim a tax deduction.

On my coffee table sits a board game. Designed by Ralph Anspach, it is called Anti‑Monopoly. In the original version of the game, play starts with 3 kinds of ‘cartels’ – trusts, oligopolies and monopolies – dominating the board. Players represent competition authorities, bringing legal cases against the monopolised businesses.

Australia’s 3 million unpaid carers deserve to be seen and deserve to be valued.

That’s why the Albanese Government is funding the Australian Bureau of Statistics to help develop more accurate insights on the contribution carers make to our great country.

The Government has today passed the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 through the Senate.

These reforms are the largest shakeup of Australia’s merger settings in half a century and a big part of a new wave of competition policy which is all about making our economy more dynamic and productive.

The Albanese Labor Government has today passed the Fairer for Families And Farmers Bill to get Australians a better deal at the checkout and back our hardworking farmers who supply to our supermarkets.

The Albanese Labor Government has passed legislation that will hold large multinationals to account on their tax affairs, protect Australians who use Buy Now Pay Later (BNPL) services and support the Government’s commitment to double philanthropic giving.