Tag: Kevin Rudd

With just one day to go until Australia heads to the polls, many small business owners are asking themselves which party best represents their needs.

The Australian Chamber of Commerce and Industry (ACCI) has been waging the ‘Small Business Too Big to Ignore’ campaign since April in a bid to ensure the sector isn’t forgotten in the 2013 federal election.

Julia Gillard has named Brendan O’Connor as new the Minister for Small Business, with the portfolio getting a boost to the federal cabinet for the first time after last Monday’s leadership ballot led to a cabinet reshuffle.

Julia Gillard has won this morning’s Labor leadership ballot 71 votes to 31, demonstrating she has the majority support of the Caucus. Kevin Rudd has confirmed he’ll move to the backbench and remain as Member for Griffith.

Following weeks of speculation about his aspirations to again lead the Labor party, Kevin Rudd has dramatically resigned as Foreign Minister, saying leadership rumblings have become a “soap opera” that’s impacting business confidence.

A report from Goldman Sachs suggests that Julia Gillard’s compromise with the mining industry could cost the budget more than $35 billion this decade.

The Resource Super Profits Tax will now be known as the Minerals Resource Rent Tax, in a compromise between Julia Gillard’s, Federal Government and the miners.

Social media has been awash with interesting comments since the political assignation of Kevin last week. It has been said 1000 times in the last seven days, but politics is a blood sport and what’s made it even bloodier is the part social media has played.

Julia Gillard has come under fire for refusing to elevate the Minister for Small Business, Craig Emerson into Cabinet in her Cabinet re-shuffle today.

Treasurer Wayne Swan has been forced to defend the Labor Party’s moves to oust former Prime Minister Kevin Rudd through caucus dealing at the G20 conference in Toronto, Canada.