Federal Politics

Is it any wonder politicians are on the nose?

Cyclone Debbie provided a rare and overlooked moment of bipartisanship in today's politics.

In a barely noticed respite from last week's hyper-partisan squabbling, Malcolm Turnbull and Bill Shorten actually agreed on a couple of things. It is an enduring curiosity that such moments tend to escape attention.

Turnbull's company tax deal 'exxy' but effective

Senator Nick Xenophon during debate in the Senate on Friday.

In the end, the deal to secure Malcolm Turnbull's signature election pledge of enterprise tax cuts, at least for small and medium businesses, was, to use the vernacular, a little "exxy". Big business missed out. A bridge too far. As such the cost to the budget is substantially less - around $20 billion. The X-man of Australian politics, Nick Xenophon has once again proved the master-negotiator, and Turnbull, the great deal-maker and achiever of results. As in all compromises, neither got all they wanted, But both will be happy.

What you need to know about PM's company tax cuts

Prime Minister Malcolm Turnbull in question time on Thursday.

When the Prime Minister rose for the last Question Time before the budget to say Australia has some of the highest corporate tax rates in the world, he was right, as he was the dozens of times before that, but the determined logic has so far failed to convince the Senate crossbench.