A Fair Economy

I believe our economy should serve its people. Labor will always work for an economy that is both strong and fair. We can deliver growth, efficiency and social justice when we provide quality education and training, support industries to provide jobs that are fairly paid and stable, and recognise the distinct needs of regional Australia, all while embracing the potential of technology and innovation. Australia is at its best when the benefits of economic growth are there for all to share. 

Transcript: Doorstop February 20

11.15am | February 20, 2019

Well it's another morning and it's another revelation about the company "Helloworld". This is the travel company that receives billions of dollars in Government contracts.

Transcript: Doorstop February 13

1.00pm | February 13, 2019

Commissioner Hayne has finished his work. He has prepared his report, he has released it, and the Royal Commission has made 76 recommendations to protect consumers, to stop the rorts and rip-offs in the financial sector that hurt people so much. Unfortunately the Government is dragging its feet on implementing these recommendations. 

Transcript: Sky News AM Agenda

12.30pm | February 05, 2019

Well, this is a damning report on the industry and an indictment on a culture of greed and I think it aligns with the community's perception about the problems in the sector. But the Commissioner has done his work now and it is up to the politicians and to the Parliament to respond.

Transcript: Money News with Ross Greenwood 2GB

12.00pm | January 24, 2019

Transcript: Money News with Ross Greenwood 2GB

Transcript: Financial Services Hearing in Brisbane

1.30pm | January 23, 2019

I wanted to make a few remarks about the significance of today’s inquiry. More than two years ago, the present Government received a report telling them that there was an urgent need for reform around small amount credit. That pay day loans were out of control, that people were experiencing real hardship. In the years since, we’ve seen the banking royal commission expose just how badly things can go when you’re not watching carefully in the financial services industry. Unfortunately, for years, the Government has refused to act on reforms that were proposed for small amount credit contracts.

Media Release: Labor Steps Up To Tackle "Buy Now Pay Later"

8.15am | November 30, 2018

Labor is announcing today that we will move to give ASIC new powers to protect consumers by including ‘buy now, pay later’ providers in the scope of new design and distribution obligations and product intervention powers.

Media Release: Greater Tax Transparency Recommended in Aged Care

10.00am | November 28, 2018

A Senate Committee has recommended greater tax transparency for for-profit aged care providers. The Senate Economics References Committee report into Financial and Tax Practices of For-Profit recommends that for-profit aged care organisations that are in receipt of large sums of public money should be subject to more rigorous transparency protocols. Australians have the right to know the tax practices of large corporations.

Media Release: Labor Will Protect Australians In Financial Stress

11.00am | October 18, 2018

Labor has moved to establish a Senate Inquiry to examine financial services that were excluded from the terms of reference of the Financial Services Royal Commission.

Superannuation at NSW Labor Conference 2018

4.30pm | July 01, 2018

Today I moved at the NSW Labor annual conference that the next Labor Government take concrete and specific actions to improve women’s economic security in retirement.

Speech on Personal Income Tax Changes

12.30pm | June 19, 2018

Australia has a progressive tax system. That's something that we've had since very early in our history, and it lies at the heart of our conception as an egalitarian nation.