CBA CEO Defends $10.2bn Profit, Rejects Windfall Tax, Stresses Importance of Profitable Banks in Australian Politics Live

CBA CEO Defends .2bn Profit, Rejects Windfall Tax, Stresses Importance of Profitable Banks in Australian Politics Live



From 27m agoKey events27m‍ agoCBA ‌chief rejects any attempt to impose windfall tax​ after posting‌ record ⁢profit35m agoUpdate on disallowance motion ⁢for government’s 60-day dispensing change2h agoAlbanese praises Kevin ⁤Rudd at portrait unveiling2h agoNSW water regulator reports irrigators continue​ to illegally extract water2h agoCoalition seeks to‍ delay disallowance motion on 60-day dispensing3h‌ agoCoalition’s motion against prescription changes ‘callous disregard for consumers’, AMA says3h agoX platform‍ considering censorship of ‘outrage​ sharing’ of⁢ child abuse material3h agoScientists petition to end⁢ land clearing‌ and native forest logging before next election4h agoSet⁣ the Standard report: government to ‍introduce independent parliament support service4h agoBusiness Council of Australia calls for migration reforms4h ​agoGoogle tells parliament it disabled 600,000 child⁤ abuse accounts5h agoTeals push for ⁢stricter alcohol regulations ‌as Asahi’s Hard Solo launches5h agoGood morningFilters BETAKey events ⁢(13)Coalition (16)AMP (12)Labor party (11)Australia (9)Kevin‌ Rudd (9)7m ago22.41 EDTPaul Karp

Manager‌ of opposition business seeks to amend Labor’s robodebt ⁤motion, limiting apology to “Australians ​who⁤ received unlawful debt notices

Paul Fletcher also⁢ wants credit for the‌ Morrison government‍ having “cancelled⁤ the program and it ensured that those affected received a refund or had their debts zeroed, and [to note] that to date 99% of refunds have been issued”.

Fletcher told the House:

I’d like to start by expressing the opposition’s regret and extend our apology​ to Australians who received unlawful debt notices … To those Australians I simply ‍say: ‘We‍ are sorry.’ The apology I’ve repeated today is of​ course consistent with the apology of the then Morrison government in ⁢2020. When the Coalition government became aware of the problems, we cancelled the program and ensured that those affected received a refund or had their debts cancelled.”

But, as Bill Shorten noted in reply, the government had many warnings ‌the scheme ⁣was not lawful – including many, many losses in the ⁤administrative appeals ​tribunal, where debts were routinely erased.

Updated at‌ 22.45 EDT16m ago22.32 EDT

It ⁤is worth mentioning that Centrelink debt collection continues under this government. Debts are not raised through an automated process bereft of humans and ‍they are considered lawful,‌ but there are still thousands of people given debt notices.

Data on ⁣fraud and corruption investigations by Services Australia, and a breakdown of external cases by category (Centrelink, Medicare ⁢etc.) https://t.co/RBXmGcdk5thttps://t.co/Zq2fGttRwb pic.twitter.com/tmtLPAutPK

— Michael Klapdor (@whobekindto) August 9, 2023
20m ago22.28 EDTPaul Karp

House debates Bill Shorten motion on robodebt

The House ‌of Representatives is debating a motion from Bill Shorten that:

it accepts the findings of the robodebt ⁢royal‌ commission “regarding the former ministers involved in…

2023-08-09 21:33:08
Article from⁤ www.theguardian.com
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