News Muncher - category paul keating

8 months, 3 weeks ago

Sam Mostyn is a new kind of governor-general in more ways than one

ABC

Samantha Mostyn is accustomed to being the first. Ms Wood said her appointment showed "a different face of Australia … she's younger, she's a woman, she's a change maker." Danielle Wood of the Productivity Commission said Ms Mostyn was "a great listener" and "incredible communicator". "She brings together exactly the skill-set I think we want in a governor-general," said Ms …

Women Change Life Paul Keating Mostyn Ms Mostyn Samantha Mostyn

10 months ago

What happens now? Former treasurers and RBA governors say Australia's government must not lose its power to overrule the Reserve Bank

ABC

It's the most curious question. In March last year, the final report from the RBA Review made the recommendation that we strip Australia's treasurer of the power to overrule actions taken by the Reserve Bank. Former prime minister Paul Keating says it would be an error for the Parliament to remove a power that allows the government to overrule the …

Labor Bank Power Senate Central Parliament Liberal

1 year, 4 months ago

Labor's national conference underway, with tax, housing and nuclear submarines on the agenda

ABC

The Labor faithful from across the country have gathered in Brisbane this morning for one of the great spectacles of Australian politics: the national conference. 'Super profits tax' debate first on the agenda With the conference open, the 399 voting delegates will get right to business on the most pressing issues facing the government: the economy and housing. CFMEU secretary …

Labor Tax Debate National Voice Nuclear Submarines Smith

1 year, 7 months ago

Why does the federal government want to strip itself of power to overrule the Reserve Bank?

ABC

When central bankers use the phrase "in hindsight," prick your ears up. I'd asked him what he thought of the proposal, from the RBA Review, to strip Australia's government of its power to overrule an RBA decision. Former prime minister Paul Keating says it would be an error for the Parliament to remove a power that allows the government to …

Inflation Bank Power Central Banks Review Rba Reserve Bank

1 year, 7 months ago

Paul Keating warns treasurer not to remove government's power to override RBA decisions

ABC

Former prime minister Paul Keating has warned the Reserve Bank of Australia must not be allowed to become completely independent of government. Key points: Former PM Paul Keating says the Reserve Bank is not infallible He says Australian government needs be able to overrule some RBA decisions if necessary He says the override power has never been used, but it's …

Policy Monetary Policy Bank Power Interest Rates Rates Rba

1 year, 9 months ago

Paul Keating savages AUKUS nuclear submarine deal as Labor's worst since conscription

ABC

Former prime minister Paul Keating has taken aim at Australia's AUKUS nuclear-powered submarine deal with the United States and the United Kingdom, calling it the "worst international decision" by a Labor government since conscription in World War I. Key points: The AUKUS deal will see Australia spend up to $368 billion to acquire nuclear-powered submarines Mr Keating has dubbed it …

Labor China Australia Nuclear Minister Chinese Deal

2 years, 5 months ago

It's the last taboo in central banking. So will the RBA review look at how money is created?

ABC

Last week, the federal government announced its plan to hold a review of the Reserve Bank of Australia. Well, in late 2020, former prime minister Paul Keating said there was no reason why the RBA couldn't just buy Australian government bonds directly from the AOFM and bypass the secondary market altogether. He said that kind of direct monetary financing of …

Market Money Interest Bond Institutional Investors Central Banking Banks

2 years, 10 months ago

Russia, Donations and Distractions

ABC

STAN GRANT Tonight, playing politics with our national security. STAN GRANT I’ll get you to hold that thought, because we are going to come to the question of Russia. STAN GRANT Allegra Spender, you’re seeking to enter parliament at a time when we are really at a bit of a hinge point. Because she wasn’t rich and she wasn’t really …

Labor Climate Change Mental Health Europe China Ukraine Defence

3 years, 8 months ago

Paul Keating says Australians owed superannuation increase after being 'robbed' of real wage adjustments

ABC

Former prime minister Paul Keating has reignited claims a rise in the superannuation guarantee is the only way Australians are going to be able to adequately afford retirement without overburdening the pension system. Key points: The super guarantee is legislated to increase to 12pc by 2025, but the government says a decision will be made closer to the deadline Paul …

Retirement Cent System Super Keating Mr Callaghan Callaghan

4 years, 3 months ago

Paul Keating and Kevin Rudd unite to pressure Scott Morrison on superannuation guarantee increase

ABC

Two former Labor prime ministers have launched a coordinated strike on what they say is a "cowardly" and "cruel" Coalition plan to dump next year's increase in compulsory superannuation contributions. Key points: The mandatory superannuation guarantee is due to start increasing from next year The mandatory superannuation guarantee is due to start increasing from next year Prime Minister Scott Morrison …

Labor Prime Minister Cent Increase Next Year Morrison

4 years, 4 months ago

Paul Keating says superannuation withdrawals dwarf coronavirus support schemes like JobKeeper

ABC

Former prime minister Paul Keating says the early withdrawal of superannuation dwarfs the support the Federal Government has injected through its JobKeeper program — and has entrenched inequality between Australian generations. Key points: Australians are expected to have pulled $42 billion from their super accounts by the end of the year Australians are expected to have pulled $42 billion from …

Support Money Early Minister Billion That Money Emma

Filters

Articles for Paul Keating