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The Weekend Neos Kosmos : 04 May 2019
DIGITAL.NEOSKOSMOS.COM THE WEEKEND NEOS KOSMOS | SATURDAY 4 MAY 2019 19 NEWS The Frydenberg Factor CONTINUED FROM PAGE 3 "It's a lie just like their 'Mediscare' during the last federal election." ABC's Fact Check backs him on that, calling the Opposition's Ms Plibersek's claim that the Coalition slashed $22 billon from education 'misleading'. TO GEAR, OR NOT TO, GEAR? Frydenberg's Budget is framed as an unambiguous contrast to the uncertainty in Labor's proposition to repeal negative gearing and to tax retirees' franking dividends. "Paul Keating has been very critical of the Labor Party's plans to increase the top rate of income tax and Wayne Swann is on the record saying that changes to negative gearing would be an economic disaster", says Frydenberg. "With respect to negative gearing, investors in the property market ensures that rents are lower than they otherwise would be, and anybody who rents their property will be pay more under Labor. He points to SQM Research that that predicts prices will fall nationally by 5 per cent and 12 per cent by 2022 if Labor scraps negative gearing and halves Capital Gains Tax discount from 50 per cent to 25 per cent. "If you rent in Victoria your rent will go up more than $65 per week. Anyone who owns a property will see it worth less under Labor." Frydenberg says that many Greek retirees will be hit by what he dubs 'Labor's new retirees' tax' calling it a 'blunt instrument.' "The majority have taxable income under $37000, they are not wealthy people," he says. The Reserve Bank governor identified the lack of wage growth as a wider economic undesirable. Frydenberg agrees, and wants to drive wage growth by creating a "strong economy with more jobs and higher productivity". "Over the current cycle, Australia's labour productivity has grown at an average rate of 1.6 per cent" he says, but concedes that growth "has been softer more recently." THE RIGHT'S COLONIES IN THE LIBERAL PARTY Frydenberg's mother, a Hungarian Jew arrived in Australia in 1950 as a stateless child from a refugee camp after escaping from The Holocaust. His father, also Jewish, migrated to Australia from Poland. He knows what racism and bigotry feel like, at the be- The Pan-Australian Justice for Cyprus Coordinating Committee (PASEKA) sent an open letter to Prime Minister Scott Morrison and Opposition Labor Leader Bill Shorten ahead of the 18 May elections. Honorable Sirs, An emotional Josh Frydenberg at the Jewish Holocaust Centre at the commemoration of the Holocaust. PHOTO: PETER HASKIN/THE AUSTRALIAN JEWISH NEWS Frydenberg says that many Greek retirees will be hit by what he dubs ‘Labor’s new retirees’ tax’ calling it a ‘blunt instrument.’ ginning of the campaign his posters were defaced by NeoNazis. The right wing gaggle that seems to be colonising the Liberal party has been a problem for moderates and centrists. The recent revelations about Islamophobic social posts by the now dis-endorsed Liberal Jeremy Hearn, or Evangelical Christians stacking the Victorian branch to block LGBTIQ people, do the Coalition no favours. Right wing ideologues suck the oxygen out of what has been, on the whole, good performances by Frydenberg and a reasonable one by Scott Morrison. "Hearn and people like him do not represent the Party, and that's why he's no longer a candidate, we acted swiftly to dis-endorse him," Frydenberg says. "Anyway Labor had two like that just now "Wayne Kurnorth shared anti-Semitic conspiracy theories and posted Islamic State memes online. "There is also deep anti-Semitism among a number of other candidates." He leans on Menzies, the Liberal Party's father, for philosophical premises and lists "personal responsibility, reward for effort, and a strong safety net and help for those who need it," as the Party's and key values. We are all migrants but we all want to live in Melbourne, or Sydney Frydenberg has an arsenal of qualifications. He has law, economics and international politics degrees from Monash, Oxford and Harvard and always wears his migrant heritage, faith and culture with pride. "You and I are the products of migration," he says. "Migration has made Australia strong, prosperous and harmonious nation and I want that to continue." He has no issue with the word multiculturalism, and says that regardless of debate he feels confident and strong about using and describing Australia as a multicultural nation and promoting its values. The previous member for Kooyong, Petro Georgiou was an architect of Fraser's multicultural policies and crossed the floor on refugee issues during the Howard Government. Frydenberg worries though about unplanned population growth and says more could have done more over years to "manage that growth". Melbourne is growing by two thousand people per week and that growth is "putting pressure on health, education and transport services," he adds. Frydenberg underlines the budget's "investment in significant infrastructure projects in Victoria, like the fast rail between Melbourne and Geelong, which will unlock the potential in the regions and also assist with congestion in city." AH, THE GREEKS! Frydenberg says that the Greek community "has had a massive contribution to Australia economically, socially and artistically." He highlights the positive relationship between "our two nations" and characterises it as "strong and absolutely critical." The Coalition has also "commitment of $5 million to the Greek Centre in Melbourne for two priority projects." He welcomes the final agreement after so many years between Australia and Greece for a working holiday visa, as well as Australia Greece social security agreement. Pension changes that came into force this year, means that pensioners who moved back to Greece prior to reaching the age pension age, "are now receiving an Australian pension based on the number of years living in Australia". A SPORTING CHANCE Frydenberg, a seasoned tennis player, beat Mark Philippoussis, 'the Scud'. "It was in doubles a long time ago and I had hair then," he says. In the photo sent by his adviser the Treasurer is holding a soccer ball and is standing next to Kimon Taliadoros the Football Victoria President. On the question of his football prowess he is frank, "I can't play well, but I try." Frydenberg's budget scored a few goals in the last minutes of the game. Can it do enough to secure a victory for the Coalition? Not according to the bookies. On the other hand, will Frydenberg be the leader of a future Liberal Party? No bets on that yet. At the outset please accept our members' gratitude for the position Australia holds on the Cyprus Issue. It is expressed in letters by previous Prime Ministers from both Parties. I quote: "I would like to restate the position of the Australian Government, which is to support the sovereignty and territorial integrity of the Republic of Cyprus. Australia recognises the Republic as the only legitimate authority on the island of Cyprus and does not recognise any other entities as legitimate authorities in Cyprus." This position is indeed in accordance with all Security Council Resolutions on Cyprus, including SC Resolutions 541 and 550 which among others state: 541 6. Call upon all States to respect the sovereignty, independence, territorial integrity and non-alignment of the Republic of Cyprus; 7. Call upon all states not to recognise any Cypriot State other than the Republic of Cyprus; 550 3. Reiterate the call upon all States not to recognise the purported State of the "Turkish Republic of Northern Cyprus" set up by secessionist acts and call upon them not to facilitate or in any way assist the aforesaid secessionist entity; 4. Call upon all States to respect the sovereignty, independence, territorial integrity, unity and nonalignment of the Republic of Cyprus. It is important for our Committee which consists of all the major Greek and Cyprian organisations to be reassured that the next Prime Minister of Australia will hold the same stance on the Cyprus Issue which is indeed considered by all as the major national issue. We are looking forward to an early reply as it will give us time to publish it in all the Greek Media in Australia before the forthcoming Federal elections. I have also been instructed by our members to convey to you our best wishes and every success. Yours sincerely, Constantinos Procopiou PASEKA President Open letter to Australian leaders by the Pan-Australian Justice for Cyprus Committee (PASEKA) YOUR WORDS. YOUR VOICE. PANTHEON PROJECT Our article about Massachusetts Institute of Technology’s new Pantheon project caused a stir among our readers. Those behind the study claim that Turkey tops Greece as the birthplace of great philosophers. See some of our reader’s comments below: Kim Chapman Uh, no it doesn’t. Turkey didn’t exist until almost a millennium after most of these philosophers had lived, the ancestors of the Turks weren’t even living anywhere near Anatolia at the time, it was a part of the Greek speaking world with the cities these philosophers were born in being Greek cities and colonies. Acoumina Karavis Perhaps the Greek Chairs at Universities worldwide should collectively and firmly remind MIT of the facts, and the way that they should be presented . The Status of MIT has sadly dropped in my view. 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