Online, Oxfordshire, Community landscape stewardship - building economic and environmental sustainability. We want to hear from you. And then in 2008, it played a key role as a leaders summit for the first time and you have to understand that the economies represented around the table in Brisbane will all comprise of about 85% of the world’s GDP. You can listen to Josh Frydenberg on the Politics with Michelle Grattan podcast here. Delivered on 6 October 2020 on the second reading of the appropriation bill (No. But has it gone off the boil since then? That is based on what other jurisdictions have done, like the “corrections calendar” in the United States as well as the “repeal day” in Western Australia. The interview was first broadcast on CNBC’s Squawk Box Asia on … And 75% of the world’s trade and just above two-thirds of the world’s population. LEIGH SALES, PRESENTER: Your promises and targets are based on these … —
Michelle Grattan: Australia will host the G20 leaders meeting late this year. Flood, drought, fires, and a global pandemic. We just see a concentration of foreign ownership by a sole company in such a key set of assets as in the gas transmission sector in Australia. Really in the jurisdictions where they are earning the revenue. Who to trust on Covid-19?
CNBC is a division of NBCUniversal. The finance meetings will be held in Sydney in the coming week and issues that will be on the agenda there include infrastructure financing, how we can tap the private sector better for the financing of infrastructure, regulatory reform.
Michelle Grattan, University of Canberra. FRYDENBERG: You are right we've seen improvements on the receipt side as companies are doing well, jobs and employment is increasing and that is leading to more government revenue at the same time lower government payments since the number of working age Australians on welfare has fallen to its lowest level in 25 years, but we're still on track to bring the budget back to balance in 2019, 2020. We've seen GDP growth through the year at three point four percent. Not lowering the environmental standards, that is not what we are on about. But in terms of what you're going to be selling as we head into the election cycle, the election is going to be held some time potentially in the middle half of next year.
Michelle Grattan: On the domestic front, another part of your responsibilities is leading the coalition’s deregulation agenda.
Michelle Grattan: And will “repeal day” be a once off exercise or will it become part of the national calendar? It obviously has a strong economic focus and many of the world’s leading central bankers and finance ministers will descend on Sydney to participate in an important forum chaired by Joe Hockey.
What is the biggest challenge for the Australian economy right now?
What's going to be your economic story to tell the electorate and seek re-election because we know that under the former Prime Minister Malcolm Turnbull and his former Treasurer Scott Morrison, the big keystone economic policy of the government was this cut to corporate tax particularly for the big end of town, that was seen to give the economy a shot in the arm. Sign up for free newsletters and get more CNBC delivered to your inbox. Will we see that surplus when you front everyone in a few weeks' time and reveal the mid-year budget update because we saw a big improvement from what was handed down in May to what was just revealed at the end of September. Posted by Andrew Leigh 56sc on September 04, 2020 E&OE TRANSCRIPT RADIO INTERVIEW ABC NEWS RADIO FRIDAY, 4 SEPTEMBER 2020.
Josh Frydenberg: Well, we are going to have a “repeal day”. But what worries you the most when you're determining forecasts and looking at how the Australian economy is performing right now? Speeches.
Josh Frydenberg: Well Campbell Newman, I think, is very focused on making sure this G20 is a great success. What both Tony Abbott and Joe Hockey have spoken about is the fact that it’s business not government that creates jobs. There’s the L20 which is the Labour 20, where union leaders like Ged Kearney are involved. We've seen our unemployment rate fall to 5 percent, the lowest level since 2012, with strong, increased employment across various brackets including seniors, women as well as younger people and we've also seen a budget that is on track to come back to balance in 2019, 2020, a year earlier than expected, and we have had triple A credit rating reaffirmed by Fitch and Standard and Poors most recently. Infrastructure spending, lower taxes.
FRYDENBERG: Well, as you know, the tit-for-tat tariffs that we've seen extended by both the US and China has only been affecting about 2 percent of world trade. MATT: How is Australia's relationship with China?
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