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The Liberal Party Of Australia (LPA)

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The Liberal Party of Australia, also known as the ‘Libs’ or ‘LPA’, is a center-right political party in Australia. It was founded on 31st August 1945 in replace of the United Australia Party. The Liberal Party of Australia is currently the largest and dominant party in Australia’s politics. In 2013 election, The Liberal Party of Australia won 90 seats out of 150 which formed the government, while their opposition, Australian Labor Party, holds 55 seats (Liberal Party of Australia). The current leader of the Liberal Party of Australia is Malcolm Turnbull and the deputy leader is Julie Bishop.
1.1 Where are they based
The Liberal Party of Australia is based in Australia, with its headquarter at Cnr Blackall & Macquarie Streets, Barton, ACT 2600, …show more content…

Three of the main policies will be focusing on three different areas of Australia’s need – economy, education, and export agreements.
1.3.1 Economy
New economy support population growth, provide jobs opportunities, and secure the future for Australians families. The Liberal Party of Australia has several strategies regarding innovations, new markets and more investments. These include:
- An innovation science program, that provide opportunities for young Australians in starting up small business, with the support of tax incentives. This also gives children an insight and preparation for the future jobs involving Science, Engineering, Technology and Mathematics fields.
- Through export trade deals, Australia will be able to provide new business opportunities, for people in different industries.
- Tax cut and incentives for small businesses and ‘hard-working’ families encourage families to work hence improves the economy by reducing tax that boost spending.
- A sustainable budget with crackdowns on tax avoidance and loopholes, address the issue of tax avoidance that are cause by legal …show more content…

These export trade agreements, in the next two decades, will create thousands of available jobs, and also boost the GDP by approximately $25 billion, which benefits consumers, households and economic growth. There are several strategies under the new trade agreement that targets partnership and bring benefits:
- Australia has benefit from the China-Australia Free Trade Agreement (i.e. CFTA). It is believed that 96% of Australia’s exports to China will be tax free which will benefit farmers by not having to pay heavy tax on export goods such as dairy, beef, lamb, wine, horticulture and seafood.
- It is believed that after the Japan-Australia Economic Partnership Agreement (i.e. JAFTA), more than 97% of Australia’s export will enter Japan with duty free. The heavy tax on beef, will be halved while other goods such as wine, seafood, processed food, fruit, vegetables and nuts will be tax free. This will benefit consumers as the price of Japanese goods will

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