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Labor Right
The Labor Right, also known as Modern Labor, is a political faction of the Australian Labor Party (ALP) at the national level that is characterised by being more economically conservative and, in some cases, more socially conservative. The Labor Right is a broad alliance of various state factions and competes with the Labor Left faction. 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, Distributive and Allied Employees Association (SDA) and the Health Services Union (HSU). These unions send delegates to the conference, with delegates usually coming from the membership, the administration of the union or local branches covered by their activists. State-based factions (national sub-factions) which make up Labor Right i ...
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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. He was formerly a member of the Australian Senate from 2011 to 2013. Since 1 June 2022, Thistlethwaite has served as Assistant Minister for Defence, Veterans' Affairs and the Republic in the Albanese ministry, ministry of Anthony Albanese. He previously served as Parliamentary Secretary for Pacific Island Affairs and Parliamentary Secretary for Multicultural Affairs in the Julia Gillard, Gillard government from March to July 2013, and as Parliamentary Secretary for Infrastructure and Transport in the Kevin Rudd, Rudd government from July to September 2013. Before joining Parliament, he was the general secretary of the New South Wales branch of the Australian Labor Party. Early life Thistlethwaite was born in Sydney on 6 Sep ...
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Shop, Distributive And Allied Employees Association
The Shop, Distributive and Allied Employees' Association (SDA) is the largest private sector trade union in Australia, representing retail, fast-food and warehousing workers, and has branches in every state and territory. Its membership is predominantly in casual and insecure employment within the retail and fast food sectors. 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 ...
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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 imputation (economics), 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 Distribution (economics), distributed company profit at the shareholders' average tax rates. Australia, Malta and Taxation in New Zealand, New Zealand have imputation systems. Canada, Korea and the United Kingdom corporation tax, United Kingdom have a partial imputation system. Taxation in Germany, Germany had a dividend imputation system until 2000 and Taxation in France, France until 2004. The objective of the dividend imputation system is to collect tax on distributed in ...
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Tariff
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes 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). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce th ...
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Australian Dollar
The Australian dollar (sign: $; code: AUD) is the currency of Australia, including its external territories: Christmas Island, Cocos (Keeling) Islands, and Norfolk Island. It is officially used as currency by three independent Pacific Island states: Kiribati, Nauru, and Tuvalu. It is legal tender in Australia.''Reserve Bank Act 1959'', s.36(1)
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''Currency Act 1965'', s.16
Within Australia, it is almost always abbreviated with the ($), with A$ or AU$ sometimes used to distinguish it from other

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 to a ''fixed currency'', the value of which is instead specified in terms of material goods, another currency, or a set of currencies (the idea of the last being 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 Swiss franc, the Indian rupee, the pound sterling, the Japanese yen, and the Australian dollar. However, even with floating currencies, central banks often participate in markets to attempt to influence the value of floating exchange rates. The Canadian dollar most closely resembles a pure flo ...
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Paul Keating
Paul John Keating (born 18 January 1944) is an Australian former politician and unionist who served as the 24th prime minister of Australia from 1991 to 1996, holding office as the leader of the Australian Labor Party (ALP). He previously served as treasurer of Australia in the Hawke government from 1983 to 1991 and as deputy prime minister of Australia 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. Keating briefly served as Minister for Northern Australia from October to November 1975, in the final weeks of the Whitlam government. After the Dismissal removed Labor from power, he held senior portfolios in the Shadow Cabinets of Gough Whitlam and Bill Hayden. During th ...
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Bob Hawke
Robert James Lee Hawke (9 December 1929 â€“ 16 May 2019) was an Australian politician and union organiser who served as the 23rd prime minister of Australia from 1983 to 1991, holding office as the leader of the Australian Labor Party (ALP). Previously he served as the president of the Australian Council of Trade Unions from 1969 to 1980 and president of the Labor Party national executive from 1973 to 1980. Hawke was born in Border Town, South Australia. He attended the University of Western Australia and went on to study at University College, Oxford as a Rhodes Scholar, during which time he set a world record for downing a yard of ale in 11 seconds. 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 Party. In 1980 ...
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Economic Rationalism
Economic rationalism is an Australian term often used in the discussion of Macroeconomics, 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 economic liberalism, 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 (centrism), Third Way'. As it is a phrase used by the sociologist Max Weber in ''The Protestant Ethic and the Spirit of Capitalism'' the highest likelihood is the term was drawn from there and its modern denotations can all be accommo ...
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Third Way (centrism)
The Third Way is a centrist political position that attempts to reconcile right-wing and left-wing politics by advocating a varying synthesis of centre-right economic policies with centre-left social policies. The Third Way was born from a re-evaluation of political policies within various centre to centre-left progressive movements in the 1980s in response to doubt regarding the economic viability of the state and the perceived overuse of economic interventionist policies that had previously been popularised by Keynesianism, but which at that time contrasted with the rise of popularity for neoliberalism and the New Right starting in the late 1970s and throughout the 1980s.Lewis, Jane; Surender, Rebecca (2004). ''Welfare State Change: Towards a Third Way?'' Oxford University Press. pp. 3–4, 16. The Third Way has been promoted by social liberal and social-democratic parties.Whyman, Philip (2005). ''Third Way Economics: Theory and Evaluation''. Springer. . In the United St ...
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Roman Catholic
Roman or Romans most often refers to: *Rome, the capital city of Italy *Ancient Rome, Roman civilization from 8th century BC to 5th century AD *Roman people, the people of ancient Rome *'' Epistle to the Romans'', shortened to ''Romans'', a letter in the New Testament of the Christian Bible Roman or Romans may also refer to: Arts and entertainment Music * Romans (band), a Japanese pop group * ''Roman'' (album), by Sound Horizon, 2006 * ''Roman'' (EP), by Teen Top, 2011 *" Roman (My Dear Boy)", a 2004 single by Morning Musume Film and television * Film Roman, an American animation studio * ''Roman'' (film), a 2006 American suspense-horror film * ''Romans'' (2013 film), an Indian Malayalam comedy film * ''Romans'' (2017 film), a British drama film * ''The Romans'' (''Doctor Who''), a serial in British TV series People *Roman (given name), a given name, including a list of people and fictional characters *Roman (surname), including a list of people named Roman or Romans *ῬωμΠ...
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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 a merger of two unions: United Voice and the National Union of Workers. It 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 The Australian Electoral Commission (AEC) is the indepe ...
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