PAY DAY LOANS ON TRACK TO HIT MORE THAN A MILLION HOMES

New data released by the Consumer Action Law Centre and the Stop the Debt Trap Alliance has shown that the number of households currently holding a pay day loan is now fast approaching the one million mark.Pay day loans are almost exclusively used by people on low or very low incomes to try to keep their heads above water. However, they often fall into a debt cycle due to the outrageous fees and interest rates of almost 900 per cent.This report provides never before seen data demonstrating the extent of harm caused by the payday lending industry and the impact on the people who are most susceptible. Continue reading

REFURB CASH BOOST FOR ALBION PARK MEN’S SHED

Albion Park Men’s shed is set for a $7,500 cash injection under the Federal Government Stronger Community Grants Scheme.     Member for Whitlam, Stephen Jones, will today present the cheque to members of the Albion Park Men’s Shed. Continue reading

FRAUDULENT DIRECTORS GET 3 YEAR - $15 BILLION FREE RIDE UNDER MORRISON

Labor is concerned by reports that the key enforcement tool to catch dodgy directors – a Director Identification Number - will not be up and running for at least three years. Fraudulent directors will cost legitimate business owners, their employees and the economy an estimated $15 billion due to Scott Morrison’s inaction in that time. Each day the Morrison Government fails to act on the issue, it could be costing tradies, small business and the economy around $14.5 million. Continue reading

TIME FOR REAL ACTION ON UNPAID SUPER

Evidence provided today at the Senate Economic Legislation Committee’s public hearing clearly shows that the government’s proposed Superannuation Amnesty Bill will do nothing to address the systemic issue of non-payment or underpayment of super or support workers who have had their superannuation stolen by unscrupulous employers. Continue reading

MR MORRISON’S BACKPACKER TAX CHAOS

There is more chaos within the Morrison Government today with the Federal Court of Australia ruling Scott Morrison’s backpacker tax cannot be applied to workers from some countries that have a tax treaty with Australia. The backpacker tax was always an ill-conceived and rushed Government revenue grab – by then Treasurer, Scott Morrison – but sadly, it was broadly supported by the farm sector and National Party MPs. Continue reading

MORRISON GOVERNMENT INACTION COULD COST TRADIES, SMALL BUSINESS AND ECONOMY $14.5 MILLION PER DAY

Each day the Morrison Government fails to act on the issue of dodgy directors  and developer rip offs, it could be costing tradies, small business and the economy around $14.5 million per day. Continue reading

WORKERS, FARMERS, AND SMALL BUSINESSES WIN AS LABOR DOES SUKKAR’S HOMEWORK

The Treasury Laws Amendment (2019 Tax Integrity and Other Measures No. 1) Bill 2019 passed the House yesterday, with amendments secured by Labor and the crossbench in the Senate which protect workers, farmers and small businesses. Continue reading

GOVERNMENT PLAYING POLITICS WITH CENSUS

This morning under questioning by Senator McAllister, the ABS has admitted that they scrapped proposed new questions about gender and sexuality from a census trial this year after an intervention from Minister Sukkar’s office Continue reading

NOBODY REALLY TRUSTS THE LIBERALS ON BANKS

This morning Josh Frydenberg has caved to pressure from bank customers, the media and Labor by announcing a new inquiry into bank competition. Labor has been calling for the ACCC to play a bigger role in banking competition, so we welcome today’s announcement in principle but we will work through the detail. Continue reading

MORRISON MUST PROVIDE CERTAINTY ON SUPERANNUATION

This morning, Shadow Assistant Treasurer Stephen Jones called on Scott Morrison to end the white anting of Australia’s superannuation system and provide certainty for Australians retirement savings. Continue reading