Albo’s Mediscare has gone nuclear

Albo and his asinine Medicare card stunt at the National Press Club, 20 April 2025.

Anthony Albanese is desperate to hold on to power. He revels in being an underestimated political underdog. Behind the scenes, he is a ‘factional ninja’ whose experience has been ‘shaped by decades of internecine feuds’. As a beta male, Albanese’s power is wielded most where it is shielded most – in the opaque world of Labor’s internal politics.

My report from the National Press Club for The Spectator Australia, Albo’s Mediscare has gone nuclear.

MICHAEL DE PERCY | "Anthony Albanese is desperate to hold on to power." 🙁

Healthcare is a black hole where you pay the Medicare levy, pay for health insurance that doesn’t cover much, then you pay the gap at the surgery.https://t.co/hutASK03CK

— The Spectator Australia (@SpectatorOz) April 29, 2025

Time to honour our Anzacs and ramp up defence spending

Marching with veterans in Gunning, ANZAC Day 2024

Australia has a habit of being caught with its pants down when it comes to defence spending. In 1938, Australia’s defence spend was a miserable 1.6 per cent of GDP. In the last ten years, it has wavered around 1.9 to 2 per cent. While the measure of defence spending as a percentage of GDP does not necessarily reflect the capability of one’s defence force, it does indicate that Australia has not been pulling its weight.

My election coverage in The Spectator Australia, Time to honour our Anzacs and ramp up defence spending.

MICHAEL DE PERCY | "Mrs Rinehart’s 5% Defence spending figure ought to be taken seriously."
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Australia’s most successful businessperson, Gina Rinehart, stated:

‘It is my belief that we urgently need to do more to defend Australians, starting with… pic.twitter.com/myRSYrYZ5Y

— The Spectator Australia (@SpectatorOz) April 26, 2025

Albo wants to tax 'future you'

One day, you're gonna get caught with some savings

If you want to get ahead in Australia, it will never happen under a Labor-Greens government. Albo and Adam are running out of your money, so now they are coming after ‘future you’.

We’ve been forced to have a large chunk of our money locked away in super funds since 1992. Of the $4.2 trillion currently locked away until retirement, union-controlled industry super funds hold about one quarter – over $1 trillion – of our money. Part of this ends up funding Labor. I explained how over a year ago.

But now Labor wants to double the concessional tax rate on super funds with a balance of $3 million or more (from 15 to 30 per cent), and also to tax unrealised capital gains. Basically, Labor wants to tax ‘future you’.

Writing in the Unfiltered newsletter, Alexandra Marshall had this to say:

And if you’re still thinking of taking the handouts and voting for Labor (or the Greens…) Michael de Percy warns that their new plan is to tax your future. Not only do the Greens want to rob your grave and deprive your children of their rightful inheritance, Albanese wants your retirement savings. ‘Labor wants to double the concessional tax rate on super funds with a balance of $3 million or more (from 15 to 30 per cent), and also to tax unrealised capital gains. Basically, Labor wants to tax ‘future you’.’

My lates in The Spectator Australia, Albo wants to tax future you.

MICHAEL DE PERCY | "Albo and Adam are running out of your money, so now they are coming after ‘future you’."

It is a truth universally acknowledged that if you leave a large pile of money 💰 sitting around in the economy - politicians will steal/tax it.https://t.co/wVPaDQhjOS

— The Spectator Australia (@SpectatorOz) April 24, 2025