Labor Unity
The Labor Right (LR), also known as Labor Forum, Labor Unity or simply Unity, is one of the two major political factions within the Australian Labor Party (ALP). It is nationally characterised by social democratic to Third Way economic policies, and competes with the Labor Left faction, which leans toward democratic socialism. Labor Right is composed of autonomous groups in each state and territory of Australia. The groups within the Labor Right come together as a broad alliance at the national level. The faction includes members with a range of political perspectives, including centrism, Third Way, partial privatisation, Keynesianism, Social democracy, and Labourism. State branches Factional power usually finds expression in the percentage vote of aligned delegates at party conferences. The power of the Labor Right varies from state to state, but it usually relies on certain trade unions, such as the Australian Workers' Union (AWU), Transport Workers Union (TWU), the Shop ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Matt Thistlethwaite
Matthew James Thistlethwaite (born 6 September 1972) is an Australian politician. He has been an Australian Labor Party member of the Australian House of Representatives since 2013, representing the electorate of Division of Kingsford Smith, Kingsford Smith. Since 29 July 2024, Thistlethwaite has served as the Minister for Immigration (Australia)#Assistant ministers for immigration, Assistant Minister for Immigration in the First Albanese ministry, ministry of Anthony Albanese. He is also serving as Minister for Foreign Affairs (Australia)#List of parliamentary secretaries and assistant ministers for foreign affairs, Assistant Minister for Foreign Affairs and Trade since May 2025. Thistlethwaite is a senior figure in the Labor Right faction and stands as the current convenor of the NSW branch. Before joining Parliament, he was the general secretary of the New South Wales branch of the Australian Labor Party. He served as a member of the Australian Senate from 2011 to 2013. From ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shop, Distributive And Allied Employees Association
The Shop, Distributive and Allied Employees' Association (SDA) is a private sector trade union in Australia, representing retail, fast-food and warehousing workers, and has branches in each state and territory. Its membership is predominantly in casual and insecure employment within retail and fast food establishments. The union also represents a significant membership of workers from culturally and linguistically diverse backgrounds. The main categories of workers covered by the SDA are retail, fast food and warehousing workers but the SDA also covers reserve and backdock employees, pharmacies, footwear repairing, modelling, and hairdressing/beauty. The SDA has overlapping with other trade unions and their areas of coverage, such as the Australasian Meat Industry Employees Union in the case of retail meat employees and the United Workers Union's coverage of warehousing employees and bakers employees. The SDA has branches across Australia. There is the Victorian Branch; New ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dividend Imputation
Dividend imputation is a corporate tax system in which some or all of the tax paid by a company may be attributed, or imputed, to the shareholders by way of a tax credit to reduce the income tax payable on a distribution. In comparison to the classical system, it reduces or eliminates the tax disadvantages of distributing dividends to shareholders by only requiring them to pay the difference between the corporate rate and their marginal tax rate. The imputation system effectively taxes distributed company profit at the shareholders' average tax rates. Australia, Malta and New Zealand have imputation systems. Canada, Korea and the United Kingdom have a partial imputation system. Germany had a dividend imputation system until 2000 and France until 2004. The objective of the dividend imputation system is to collect tax on distributed income at the shareholder's tax rate, in order to eliminate double taxation of company profits, once at the corporate level and again on distributio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tariff
A tariff or import tax is a duty (tax), duty imposed by a national Government, government, customs territory, or supranational union on imports of goods and is paid by the importer. Exceptionally, an export tax may be levied on exports of goods or raw materials and is paid by the exporter. Besides being a source of revenue, import duties can also be a form of regulation of International trade, foreign trade and policy that burden foreign products to encourage or safeguard domestic industry. Protective tariffs are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Tariffs on imports are designed to raise the price of imported goods to discourage consumption. The intention is for citizens to buy local products instead, which, according to support ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Australian Dollar
The Australian dollar (currency sign, sign: $; ISO 4217, code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar, dollar-denominated currencies; and also referred to as the dollar or Aussie dollar) is the official currency and Legal tender#Australia, legal tender of Australia, including States and territories of Australia, all of its external territories, and three independent sovereign Pacific Islands, Pacific Island states: Kiribati, Nauru, and Tuvalu. * ThMoney Trackersite allows users to track Australian banknotes as they circulate around Australia. Images of historic and modern Australian bank notes* [https://www.rba.gov.au/statistics/historical-data.html?v=2022-09-25-02-11-35#exchange-rates Reserve Bank of Australia – historical data of AUD since 1969 (various .xls files)] The banknotes of Australia {{Authority control 1966 establishments in Australia Articles containing video clips Circulating currencies Currencies int ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Floating Currency
In macroeconomics and economic policy, a floating exchange rate (also known as a fluctuating or flexible exchange rate) is a type of exchange rate regime in which a currency's value is allowed to fluctuate in response to foreign exchange market events. A currency that uses a floating exchange rate is known as a ''floating currency''. In contrast, a '' fixed currency'' is one where its value is specified in terms of material goods, another currency, or a set of currencies. The idea of a fixed currency is to reduce currency fluctuations. In the modern world, most of the world's currencies are floating, and include the most widely traded currencies: the United States dollar, the euro, the Japanese yen, the pound sterling, the Australian dollar, and the Swiss franc. However, even with floating currencies, central banks sometimes participate in markets to attempt to influence the value of floating exchange rates. The Canadian dollar has not seen interference by the Canadian nationa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Paul Keating
Paul John Keating (born 18 January 1944) is an Australian former politician and trade unionist who served as the 24th prime minister of Australia from 1991 to 1996. He held office as the leader of the Labor Party (ALP), having previously served as treasurer under Bob Hawke from 1983 to 1991 and as the seventh deputy prime minister from 1990 to 1991. Keating was born in Sydney and left school at the age of 14. He joined the Labor Party at the same age, serving a term as State president of Young Labor and working as a research assistant for a trade union. He was elected to the Australian House of Representatives at the age of 25, winning the division of Blaxland at the 1969 election. He was briefly minister for Northern Australia from October to November 1975, in the final weeks of the Whitlam government - along with Doug McClelland, he is the last surviving minister who served under Gough Whitlam. After the Dismissal removed Labor from power, he held senior portfolios i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bob Hawke
Robert James Lee Hawke (9 December 1929 – 16 May 2019) was an Australian politician and trade unionist who served as the 23rd prime minister of Australia from 1983 to 1991. He held office as the Australian Labor Party, leader of the Labor Party (ALP), having previously served as president of the Australian Council of Trade Unions from 1969 to 1980 and president of the Australian Labor Party National Executive, Labor Party national executive from 1973 to 1978. Hawke was born in Bordertown, South Australia, Border Town, South Australia. He attended the University of Western Australia and went on to study at University College, Oxford as a Rhodes Scholarship, Rhodes Scholar. In 1956, Hawke joined the Australian Council of Trade Unions (ACTU) as a research officer. Having risen to become responsible for national wage case arbitration, he was elected as president of the ACTU in 1969, where he achieved a high public profile. In 1973, he was appointed as president of the Labor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economic Rationalism
Economic rationalism is an Australian term often used in the discussion of macroeconomic policy, applicable to the economic policy of many governments around the world, in particular during the 1980s and 1990s. Economic rationalists tend to favour economically liberal policies: deregulation, a free market economy, privatisation of state-owned industries, lower direct taxation and higher indirect taxation, and a reduction of the size of the welfare state. Near-equivalents include Rogernomics (NZ), Thatcherism (UK) and Reaganomics (US). However, the term was also used to describe advocates of market-oriented reform within the Australian Labor Party, whose position was closer to what has become known as the "Third Way". Given that it is a phrase used by the sociologist Max Weber in ''The Protestant Ethic and the Spirit of Capitalism'', it is highly likely that the term was drawn from there and that its modern denotations can all be accommodated within Weber's usage. Its recen ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Maritime Union Of Australia
The Maritime Union of Australia (MUA) was a union which covered waterside workers, seafarers, port workers, professional divers, and office workers associated with Australian ports. The MUA was formed in 1993 with merger of the Seamen's Union of Australia and the Waterside Workers' Federation of Australia. In 2017 the MUA had about 16,000 members. It was affiliated with the Australian Council of Trade Unions, the Australian Labor Party and the International Transport Workers' Federation. From 2000 until its merger in 2018, Paddy Crumlin was National Secretary of the MUA and since 2010 he has been President of the International Transport Workers' Federation (ITF). He also holds the position of chair of the Dockers Section. In late 2015, the MUA and the Construction, Forestry, Mining and Energy Union (CFMEU) commenced merger talks. On 29 February 2016, at the MUA national conference, delegates voted unanimously in favour of the merger. The Fair Work Commission approved th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United Workers Union
The United Workers Union (UWU) is an Australian trade union. Described as the biggest blue-collar union in Australia, the UWU covers more than 150,000 workers within over 45 industries, including warehousing, defence, hospitality, health, disability support, early childhood education, aged care, logistics and supermarket supply, cleaning, security, farming, manufacturing, and market research. The union is the result of the 2019 merger of two Australian trade unions: United Voice and the National Union of Workers. The United Workers Union is a member of the Labor Left. The union is unique in its structure, having only one centralised federal branch which is not separated into state branches. History In 2018, plans began to merge the two the unions United Voice and National Union of Workers. In June 2019, the Fair Work Commission approved a vote on the proposed merger between the two unions held in August 2019. On 30 August 2019 the Australian Electoral Commission declared the r ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Construction, Forestry, Maritime, Mining And Energy Union
The Construction, Forestry and Maritime Employees Union (CFMEU) is Australia's largest union in the construction, forestry, maritime, textile, clothing and footwear production industries. The CFMEU has offices in all capital cities in Australia and in many major regional centres with the national office of the union being in Melbourne. Before the 2018 merger, the CFMEU had an estimated 120,000 members and employed around 400 full-time staff and officials. In March 2018, a two-year long process ended resulting in a merger between the old CFMEU, the Maritime Union of Australia and the Textile, Clothing and Footwear Union of Australia. The new CFMEU had a membership of approximately 144,000, 1% of the Australian workforce, with combined assets of $310 million and annual revenue of approximately $146 million. In July 2024, ''The Age'', ''The Sydney Morning Herald'', ''60 Minutes'' and the ''Australian Financial Review'' published allegations of corruption within the Construc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |