Politics Live: Shorten under pressure following pledge to repeal tax cuts for 20,000 businesses

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Politics Live: Shorten under pressure following pledge to repeal tax cuts for 20,000 businesses

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The end

We'll wind up today's blog right there. 

Another day focused on company tax. The negotiations continue but, with One Nation's (current) position, the prospects are not good for the government's centrepiece legislation.

The blog will be back tomorrow for the last day (probably) of this sitting week. The Parliament will then rise for the six-week winter break. 

Until then, you can find me on Facebook here and Twitter here. Photos today were from Alex Ellinghausen – find him on Twitter here.

And, as always, I welcome your feedback and hot tips at fergus.hunter@fairfaxmedia.com.au.

The PM at work.

The PM at work. Credit: Alex Ellinghausen

Analysis: Shorten's surprise call presents a test for Turnbull

By David Crowe

Bill Shorten has given Malcolm Turnbull three political gifts in almost as many months, but the Prime Minister seems unsure of what to do with them.

The Opposition Leader keeps making decisions that give Turnbull and his government another crowd of aggrieved voters who might be convinced to back the Coalition at the next election.

First, the Labor policy on dividend imputation scared older Australians who thought their tax refunds were safe. Shorten staged a backflip to exempt many of these people, but he gave retirees a good reason to vote for the Coalition.

Secondly, the Labor decision on income tax drew a hard line between those who are better off under one side or the other. Calculations vary, but someone on $75,000 today stands to gain more from the government plan over seven years.

Thirdly, the surprise Shorten call on company tax means that many small business owners now know they will be better off under the Coalition than under Labor – if not now, then in years to come as they grow.

Read the full piece here

NSW Labor MP cultivated by Chinese intelligence

By Nick McKenzie, Alexandra Smith and Fergus Hunter

Chinese government intelligence operatives sought to cultivate NSW Labor MP Ernest Wong in Australia and China, according to information gathered by Australian security agencies.

The clandestine operatives did not disclose their ties to Beijing’s intelligence apparatus when they targeted Mr Wong in his role as a politician and NSW community leader. It is understood Australian agencies have evidence of direct dealings between suspected Chinese government intelligence agents and Mr Wong.

A typical aim of intelligence operations is to gather information and gain access to networks using personal relationships and familiarity. Well placed sources say Mr Wong was likely targeted because he is able to open doors to more influential Labor party politicians.

However, there is no suggestion that Mr Wong has ever acted inappropriately or wittingly passed any information on.

There is also no suggestion that Mr Wong, a member of the NSW upper house, ever knew he was being cultivated or targeted by Beijing's agents, although sources aware of sensitive information gathered by national security agencies said he appeared to be the target of a long-term operation.

Read more here

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QT in pictures

Ross Hart arrives at QT on a difficult day.

Ross Hart arrives at QT on a difficult day.Credit: Alex Ellinghausen

Albanese.

Albanese.Credit: Alex Ellinghausen

Shorten and Albanese.

Shorten and Albanese. Credit: Alex Ellinghausen

Shorten and Bowen.

Shorten and Bowen.Credit: Alex Ellinghausen

Bishop.

Bishop.Credit: Alex Ellinghausen

Turnbull.

Turnbull.Credit: Alex Ellinghausen

Q21 - Dixer

Question from SA Liberal Nicolle Flint to Citizenship and Multicultural Affairs Minister Alan Tudge

Flint asks about policies, including innovative visa programs, to support Australian businesses and jobs. 

Tudge says the government is doing a variety of things to help businesses grow. These includes visas to "attract the best and brightest from around the world". It also includes trade agreements and tax cuts. 

And, with that, Question Time is over. 

Q20

Question from Labor MP Julie Owens to Malcolm Turnbull

Owens notes sackings at Optus and asks why they deserve a tax cut. 

Turnbull says the government believes in lower taxes but is also ensuring that everyone pays their tax, including multinational companies, through a crackdown on tax avoidance. 

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Q19 - Dixer

Question from Queensland Liberal Warren Entsch to Trade Minister Steven Ciobo

Entsch asks about policies to help Australian tourism. 

Ciobo notes record growth in the industry and says tax cuts will incentivise further investment. 

He says Labor is a threat to that and is "heavily divided and very confused". 

After going into factional issues in the Labor Party, he is actually told to be more relevant by Speaker Tony Smith. A rare occurrence for a Dixer. 

Q18

Question from Labor frontbencher Julie Collins to Malcolm Turnbull

Collins asks about penalty rate cuts for working people vs tax cuts for large companies. 

Turnbull says Labor has a "job-destroying" stance on tax cuts. He then launches into a long monologue on Ross Hart's interview earlier today.

Q17 - Dixer

Question from NSW Liberal Julian Leeser to Craig Laundy

Leeser asks about policies to stimulate investment in small businesses. 

Laundy says the Coalition gets that small and medium-sized, family-owned businesses are the backbone of the economy. He says Labor does not understand this. 

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Q16

Question from Chris Bowen to Scott Morrison

Bowen asks if, given risks to the economy, it is the "worst possible time to lock in an $80 billion big business tax cut".

Morrison says the government is bringing down government debt. He says Labor should come clean on its tax plans. 

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