Albanese proposes government spending to aid recovery in budget reply speech

In his budget reply speech, Anthony Albanese has flicked the switch from “we’ll have policies before the next election” to “here, have three policies”.



a man wearing a suit and tie: Photograph: Mick Tsikas/AAP


© Provided by The Guardian
Photograph: Mick Tsikas/AAP



a man wearing a suit and tie looking at the camera: Anthony Albanese says Labor will lift the childcare subsidy, map a plan to encourage more trains and modernise the grid, lowering energy prices and creating jobs.


© Photograph: Mick Tsikas/AAP
Anthony Albanese says Labor will lift the childcare subsidy, map a plan to encourage more trains and modernise the grid, lowering energy prices and creating jobs.

So what were the big ideas the Labor leader unveiled on Thursday night?

Rewiring the nation

Labor will invest $20bn (off budget) to establish a government-owned entity, Rewiring the Nation Corporation, to rebuild and modernise the electricity grid.

Think of it as the NBN Co of the electricity grid, a government body to make investments in infrastructure we all use that delivers an economic benefit but may not be built quickly (or at all) by the private sector.

Related: The arts sector is already suffering. This year’s budget

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South Korea proposes compromise abortion law after landmark court ruling

By Sangmi Cha

SEOUL (Reuters) – South Korea on Wednesday proposed allowing abortion up until the fourteenth week of pregnancy as part of a new law designed to comply with a landmark ruling by the constitutional court that struck down a decades-long ban.

South Korea criminalised abortion in 1953 when its leaders wanted to boost the population, but exceptions to the law were introduced in 1973, including when the pregnancy was caused by a sexual crime.

However, the Constitutional Court overturned the ban in April last year, saying it unconstitutionally curbed women’s rights and ordering the government to come up with a new law.

Under the new proposal, abortion would be banned after 14 weeks except in the case of a sex crime, or if the health of the mother is at risk, or if the fetus shows signs of severe birth defects, in which case abortion would be allowed

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EXCLUSIVE-EU chair Germany proposes rule of law scheme for getting bloc’s cash – document

BRUSSELS, Sept 28 (Reuters) – European Union chair Germany has proposed a rule of law conditionality scheme for accessing the bloc’s funds, including the new 750 billion euro coronavirus economic recovery fund, according to a document seen by Reuters.

The proposal is a basis for negotiations between the 27 EU member states – which in July agreed to such a mechanism but left it watered down to avoid a veto from Poland or Hungary – and the European Parliament.

EU lawmakers want to beef up the mechanism, meaning that the German proposal – sticking closely to the July agreement reached at a leaders’ summit after four days of tortuous talks – is all but certain to cause an outcry.

According to the German document, punishments for rule of law breaches would include suspending EU funding and be decided by a majority vote of EU member states acting on a recommendation

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EU chair Germany proposes rule of law scheme for getting bloc’s cash

By Gabriela Baczynska

BRUSSELS (Reuters) – Germany, current president of the European Union, has proposed a scheme that links access to European Union money, including the 750 billion euro recovery fund, to respecting the rule of law, a document seen by Reuters showed on Monday.

The proposal will underpin negotiations between the European Parliament and the 27 EU governments, which in July agreed to such a mechanism in principle but left out much detail to avoid a veto from Poland or Hungary, whose nationalist governments stand accused of flouting EU democratic norms.

Warsaw and Budapest are under EU investigations for undermining the independence of the judiciary, media and non-governmental organisations, and both could lose tens of billions of euros in funding if the rule of law mechanism is established.

In the recovery fund alone, excluding the linked long-term EU budget for 2021-27, Poland would be at risk of losing access

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Exclusive: EU Chair Germany Proposes Rule of Law Scheme for Getting Bloc’s Cash – Document | World News

BRUSSELS (Reuters) – European Union chair Germany has proposed a rule of law conditionality scheme for accessing the bloc’s funds, including the new 750 billion euro coronavirus economic recovery fund, according to a document seen by Reuters.

The proposal is a basis for negotiations between the 27 EU member states – which in July agreed to such a mechanism but left it watered down to avoid a veto from Poland or Hungary – and the European Parliament.

EU lawmakers want to beef up the mechanism, meaning that the German proposal – sticking closely to the July agreement reached at a leaders’ summit after four days of tortuous talks – is all but certain to cause an outcry.

According to the German document, punishments for rule of law breaches would include suspending EU funding and be decided by a majority vote of EU member states acting on a recommendation by the

Read More