Labor’s ill-conceived attack on farmers with properties in self-managed super funds (SMSFs) has been stalled, as the Albanese Labor Government delays its shocking SMSF tax policy until after the next election. Federal Member for Groom, Garth Hamilton said the Labor government was cooking up yet another plan that would hurt the farming community, by taxing…
Mr HAMILTON (Groom) (13:54): We learned in today’s AFR that this evening our Prime Minister, in a speech, will be telling a group of business leaders that, with regard to the fight against inflation, the worst is now behind us. You can almost picture him on the aircraft carrier: ‘Mission accomplished! The worst is behind…
Mr HAMILTON (Groom) (11:55): I move: That this House: (1) acknowledges the importance of superannuation for all Australians, particularly younger Australians; (2) notes that, according to the Association of Superannuation Funds of Australia, in March 2023, $595,000 is the amount required to retire ‘comfortably’ in Australia; (3) recognises that young people are becoming increasingly disheartened…
The Albanese Labor Government has weakened Australia’s economy through additional red tape, costly industrial relations reform, and falling productivity. The final report of the Inquiry into promoting economic dynamism, competition and business formation was provided to the House of Representatives yesterday. Deputy Chair of the Standing Committee on Economics, Garth Hamilton, welcomed the report and…
Mr HAMILTON (Groom) (17:44): What a fantastic contribution to end on productivity, a point that I will take further. I am going to make the obvious observation and repeat what has been said. The incursion of conflict into a conversation on productivity is something that is detrimental to all Australians across the workforce and all…
Mr HAMILTON (Groom) (10:15): At the request of the member for Hume, I move opposition amendment (1): (1) Clause 1, page 1 (lines 5 and 6), omit “Treasury Laws Amendment (Cost of Living Tax Cuts) Act 2024“, substitute “Treasury Laws Amendment (Broken Promise) Act 2024“. This amendment would change the name of the Treasury Laws…
Mr HAMILTON (Groom) (16:05): There’s so much to cover here today. Goodness me, where do I start? In times past, it took wars to unify the House. Nowadays, Elton John does the job just fine in the way he has brought us together. I’m going to blame the member for Moreton for this. I hope…
The latest data from the Australian Bureau of Statistics (ABS) show the Albanese Labor Government is failing to get cost of living under control, with September quarter data showing inflation was running at 1.2 per cent, up from 0.8 per cent. Federal Member for Groom and Deputy Chair of the House Economics Committee, Garth Hamilton…