Sunday, September 28, 2008

Top Ten Gambling Industry Donors to McCain, by Griff Palmer - The New York Times - 28th September 2008

The following is a list of the top ten highest campaign contributors to Senator John McCain since 1992 in the gambling industry, based on analysis of data from the Center for Responsive Politics.

1. MGM Mirage
$108,450

2. Mashantucket Pequot Tribe
$56,950

3. Wynn Resorts
$39,800

4. Las Vegas Sands
$32,500

5. International Game Technology
$19,450

6. Harrah's Entertainment
$14,000

7. Station Casinos
$13,800

8. Mandalay Resort Group
$10,000

9. (tie) Pascua Yaqui Tribe of Arizona
$8,000

Stockbridge-Munsee Community
$8,000

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Casino News Media

Tuesday, September 16, 2008

Malcolm Turnbull ousts Brendan Nelson as Liberal Party leader, by Phillip Hudson - The Sydney Morning Herald - 16th September 2008

Malcolm Turnbull today took the Liberal leadership by just four votes - 45 to 41 - from Brendan Nelson, saying he knew what it was like to be short of money.

"I do not come to the position of leader of the Liberal Party from a lifetime of privilege," he said at his first press conference.

"I know what it's like to be very short of money. I know what it's like to live in rented flats.

"I know what it's like to grow up with a single parent with no support other than a devoted and loyal father.

"I know Australians are doing it tough and some Australians even in the years of greatest prosperity will always do it tough.

"We know that this is a tough world and our job as Liberals is to ensure that our society is a fair one. A society of opportunity. A society where people can, like my father and I, be able to take advantage of those opportunities, to seize those opportunities and with enterprise and energy and good luck and hard work, do well.

"We are a party of opportunity and this, my friends, is a land of opportunity."

Mr Turnbull, 53, a former merchant banker and republican campaigner, was today elected the 12th leader of the Liberal Party.

He praised Dr Nelson for leading the party through difficult and challenging times and said he was owed a debt of gratitude.

In his victory speech inside the Liberals' party room, Mr Turnbull spoke about freedom and praised new Liberal Senator Helen Kroger for mentioning it in her maiden speech in the Senate last night.

The Prime Minister, Kevin Rudd, called on Mr Turnbull to support the push to make Australia a republic and said he looked forward to working with the new Liberal leader.

The Nationals leader, Warren Truss, congratulated Mr Turnbull.

"I am sure Mr Turnbull has the energy, determination and skills to be an effective leader of the Liberal Party," Mr Truss said.

Today's vote overturns the ballot that followed last November's federal election loss in which Dr Nelson beat Mr Turnbull by 45 votes to 42.

Mr Turnbull had been shadow treasurer and was the environment minister in the former Howard government.

There is speculation that Andrew Robb, the former party director and foreign affairs spokesman, could be promoted to the job of shadow treasurer.

Mr Turnbull said he would consult colleagues before announcing his new frontbench.

"I know I have the suppport of the entire party room,'' he said.

He offered Dr Nelson a position, but Dr Nelson said he wanted to go to the backbench.

Mr Turnbull said his wife Lucy and son Alex could not be in Canberra because "there wasn't much notice'' but his daughter Daisy was there.

"I want to say thank you to them. All my life I have been blessed with great family, whether it was the loyalty of my father in my youth or the love and the loyalty of my wife and my children today.''

"It is the love of our families that gives us the strength to serve the nation in the way we do.'

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Malcolm Turnbull

Turnbull: here's how I'd start to fix things, by Phillip Hudson - The Sydney Morning Herald - 16th September 2008

Malcolm Turnbull has used his first press conference as Liberal leader to accuse Kevin Rudd of policy recklessness and displaying a failure of economic leadership.

Mr Turnbull also said that, while Opposition policies would be under review, he would keep Brendan Nelson's plan to cut petrol excise by five cents a litre, oppose the Government's Medicare changes and maintain the policy on an emissions trading scheme.

He began the battle to claw back the Liberal's economic credentials by attacking Labor's claim to be fiscal kings.

He said the Government was not dealing well with the fallout from the economic crisis in America and the "massive collapse" on Wall Street.

"Labor claims to be superior economic managers. We are presently facing, probably, the gravest economic crisis globally in any of our lifetimes," Mr Turnbull said.

"We are seeing a collapse in global confidence. All year, from my very beginning as shadow treasurer, I have said to the Government their role is to lead.

"What Australia needs is real leadership. It needs strong leadership. It needs leaders that say this country is strong and can do anything. But we need confidence.

"We are suffering from a global collapse in confidence and instead of having a Government which talked up Australia, which spoke of our strengths, which spoke passionately about what we can do and why we are different, we've had a Government all year that's talked this country down."

He said that, when the subprime crisis started to hit and caused credit problems in Australia, the Treasurer, Wayne Swan, mismanaged the response.

"He begged the Reserve Bank to put up rates," Mr Turnbull said. "He created an environment where the Government of the day - and this is unique in the history of our country or indeed any country - exacerbated inflationary expectations. We have had a total failure of economic leadership in this country."

On emissions trading, Mr Turnbull said the Coalition's policy would remain to support a properly designed system to begin in 2011 or 2012.

"What we've seen from Kevin Rudd so far ... is an emissions trading scheme that will destroy Australian jobs. It will do economic harm with no environmental benefit," Mr Turnbull said.

He said the focus on the Liberals' position was "a little overdone" and what would matter was the position it took to the next election.

He said Mr Rudd was asking the public "to buy an emissions trading scheme without telling them what it will cost".

"Kevin Rudd is forming an emissions trading scheme for purely political grounds without knowing what will happen at the Copenhagen summit in 2009, without knowing what the new US president will do. It's an extraodinary act of political recklessness."

Mr Turnbull said the Liberals would stick with Dr Nelson's policy to cut petrol tax by five cents a litre - a policy he did not initially support.

He said the Liberals would also oppose the Government's Medicare levy surcharge changes, saying it was a Labor "act of retribution" designed to undermine the private health insurance industry and would most hurt those on lower incomes.

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Malcolm Turnbull

Saturday, September 13, 2008

Turnbull reins in before he reigns, by Glenn Milne - The Sunday Times - 12th September 2008

Malcolm Turnbull's decision to give Brendan Nelson's ailing leadership more time on the political respirator is the sign his wavering colleagues have been waiting for – the winds of political maturation.

Turnbull, the wealthiest man in the Federal Parliament, entered Liberal politics as a force of nature. The moment he seized the seat of Wentworth from sitting member Peter King in what became known as "the mother of all branch stacks", Turnbull was immediately regarded as the man most likely to succeed to the Liberal leadership.

This sense of manifest destiny was driven by a potent combination of personal fulfilment – a $170 million fortune amassed in the private sector – plus an ambition fired by an unerring sense of self-belief.

They are the positives in the Turnbull make-up. The overwhelming negative, though, was the way this blend of characteristics stoked his forces of impatience. Turnbull simply couldn't wait – for anybody or anything.

So he burst into the parliament and, as a backbencher, immediately commissioned – some would say bought – a suite of tax policies which, Peter Costello argues in his memoirs, conspired to undermine the Coalition's economic credentials.

Once inside Cabinet, he argued for the ratification of the Kyoto Protocols and then, according to Costello, leaked that fact during the election campaign to shore up his position in Greens-leaning, trendy Wentworth.

Then, when office was slipping from the Liberals' grasp in late 2007, it was Turnbull who turned on his political sponsor, John Howard, and told him he ought to go in the party's best interests. Ever since the defeat of November that year, and his narrowest of losses to Nelson in a subsequent leadership ballot, he's let anyone who cares to know that Nelson should move aside for him.

So, the news that with Costello apparently out of the way, Turnbull does not intend immediately throttling Nelson – which he could do – assumes the nature of a change in character.

The notion of Turnbull taking pause, rather than charging full tilt into the first available china shop, is a new and welcome development for those MPs still uncertain about whether to back him.

And it's welcome because it's smart. And like most pivotal moments in politics, it has, in fact, been some time in the making. In the past six months, even as Nelson has weakened, Turnbull has backed off his earlier, almost manic post-election agitation for a leadership change.

For his colleagues, that means their phones have stopped ringing off their hooks. Turnbull's interventions have been more subtle. He's become more collegiate; inviting MPs around to his parliamentary offices to discuss issues relevant to his shadow treasury portfolio. Which is most everything. Doing the mundane people work that Costello never did. But that Nelson always did.

Crucially, and again distinct from Costello, this has sent the message that he does not have a sense of leadership entitlement. A pause in campaigning against Nelson is not generosity on Turnbull's part, simply recognition that the opinion polls will do their work for him.

Ever since he assumed the leadership, Nelson has been able to argue that his inability to cut it with the Australian public has been due to the fact that Costello has been lingering over his shoulder as the putative Liberal leader. Now, all that's finished. Or has it? More of that later.

For the moment, let's assume that it's true. By giving Nelson space – and that means about two cycles of opinion polls – Turnbull will be able to argue that under no pressure from him and relieved of same from Costello, Nelson has still been unable to connect with the Australian public. Which, let's face it, decent bloke that Nelson is, was always going to be the case.

The point about Turnbull's discipline is twofold; it gives Nelson some dignity to resolve his fate on his own terms. And it gives Turnbull the lustre of restraint before striking.

Now, to return to Costello: A couple of observations, if I may, in the context of the Nelson vs Turnbull battle and Costello's apparent removal of himself from leadership contention.

Costello has steadfastly refused to say when he might leave the parliament. That means that for as long as his bum points south on a seat in the House of Representatives, he remains a viable leadership alternative. But – and this is critical – that viability now depends on how Turnbull fares when the inevitable leadership transition takes place.

The truth is that Costello's capacity to block Turnbull, the critic of his economic record, is now at an all-time low. Key former Costello supporters have now switched to Turnbull.

I ask them: "If Turnbull mounts a challenge and Costello rings to say, `Don't do it', what would be your response?"

They say: "Peter has now dealt himself out of the party's future, therefore he has no say in it. We will make up our own minds."

All roads point to Turnbull.

(Credit: The Sunday Times)

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Malcolm Turnbull

Tuesday, September 09, 2008

Greens' recount doubles value of gifts to Labor, by Wendy Frew and Jano Gibson - The Sydney Morning Herald - 8th Septemeber 2008

The political donations tap remains turned to full bore in NSW, with the state Labor Party raising $9.5 million in the 14 months to June, more than double the amount first reported by the media when Electoral Funding Authority data was released last week.

Much of the money has come from companies seeking State Government approval for controversial housing projects or lucrative gaming licences, such as Rosecorp's luxury apartments at Catherine Hill Bay and Star City Casino's exclusive licence renewal.

The release of the data follows a Galaxy poll conducted last week on behalf of the Greens that found 82 per cent of respondents favoured a ban on developer donations.

When the authority released donor declarations on Wednesday, it was first thought the ALP had raised only $4.3 million. A closer examination by the Greens showed the party's coffers had received more than twice that amount, and that donations were running more than $100,000 a month ahead of fund-raising efforts in previous years.

The party's NSW branch declined to comment on the donations.

Some of Labor's biggest donations came from key players fighting for the right to operate casinos in NSW.

In October Tabcorp, the owner of Star City Casino, had its exclusive casino licence renewed for another 12 years. Three weeks after the deal was secured, Star City gave Labor a cheque for $112,200.

A Hong Kong billionaire, Stanley Ho, who was believed to have been lobbying the then premier, Morris Iemma, for a second casino licence, donated $200,000 to Labor. Anthony Chan, who has the same Hong Kong address as Mr Ho, gave Labor $100,000.

A controversial proposal from Rosecorp to build hundreds of apartments in the hamlet of Catherine Hill Bay, on the Central Coast, was approved last week by the then minister for planning, Frank Sartor. In the 14 months to June, Rosecorp - a generous donor of long standing - donated another $117,700 to the state Labor Party.

In October Mr Sartor took control of Johnson Property Group's $650 million housing project at Cooranbong, near Lake Macquarie, from the council. In the 14 months to June, this year, the company donated $140,150 to the ALP.

The minister is also the consent authority for the company's proposal to build a satellite suburb at Pitt Town, 60 kilometres north-west of Sydney, and its proposed redevelopment of the 60-hectare Sydney Adventist Hospital site in Wahroonga.

Duncan Hardie, of Hardie Holdings, had donated an estimated $455,000 to the state ALP, starting in 2001. He topped that up with $100,000 in July last year. Mr Hardie has received favourable treatment in the Government's housing strategies for the Lower Hunter and the Mid-North Coast.

Between them, ClubsNSW and the Australian Hotels Association donated $239,350 in the 14-month period.

V8 Supercars Australia, which despite widespread community and business opposition is set to get approval from the State Government to turn Olympic Park into a street-car racetrack, donated $15,000 to the ALP.

In the months before last year's federal election two dinners at which the then federal Opposition leader Kevin Rudd was the star attraction yielded a war chest of $751,638 for NSW Labor.

Mr Iemma and senior state ministers hosted a series of "intimate dinners" that generated more than $120,000.

One of the four functions, involving Mr Iemma and the then treasurer, Michael Costa, on July 18 last year, raised $65,000. Among the 10 organisations that paid to attend were Star City Pty Ltd and ClubsNSW.

Two days earlier a dinner at which Mr Sartor was the attraction brought in $30,000. Paying for the privilege of dining with Mr Sartor were representatives from 11 companies, including The Village Building Co.

Three months before Mr Sartor had controversially rejected the advice of an expert panel and approved the rezoning of land owned by Village under a Canberra Airport flight path. (Credit: Fairfax)

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