Author: roymorgansocial

Keating’s praise for Curtin vision of war

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Original article by Troy Bramston
The Australian – Page: 7 : 28-Nov-17

Former Prime Minister Paul Keating has referred to Sir Robert Menzies as a "woeful coward". Keating made his comments while speaking at the launch of "John Curtin’s War" at the Lowy Institute on 27 November. The book was written by John Edwards, a one-time adviser to Keating. Keating said that Menzies failed to understand the threat that Japan posed to Australia in the lead-up to World War II. Keating said that Curtin, who became prime minister in 1941, made decisions "quickly and resolutely".

CORPORATES
LOWY INSTITUTE FOR INTERNATIONAL POLICY

Melbourne beer hops into Chinese market

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Original article by Claire Heaney
Herald Sun – Page: 35 : 28-Nov-17

Shares in beer maker Broo rose 30.5 per cent on 27 November after it released details of a distribution agreement with Beijing Jihua Information Consultant. The distribution deal relates to Broo’s Premium Lager, will run for seven years, and is of exclusive nature. Broo stated it estimated the deal will result in "distribution revenue" of about $A120 million over its seven years. Broo is in the process of developing what it claims will be "the world’s greatest brewery" in the Victorian city of Ballarat.

CORPORATES
BROO LIMITED – ASX BEE, BEIJING JIHUA INFORMATION CONSULTANT, HENAN LIQUOR, ASX LIMITED – ASX ASX, MILDURA BREWERY

Triple J moves Hottest 100 from Australia Day

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Original article by Broede Carmody
The Age – Page: 3 : 28-Nov-17

Radio station Triple J will no longer count down its 100 top songs of the year on Australia Day, announcing on 27 November that it would move the Hottest 100 to the fourth weekend in January. Triple J stated a survey of listeners had found that 60 per cent had supported the change of date. The decision was initially prompted by an online petition started in August, with Triple J asked to move the Hottest 100 from Australia Day out of respect to Indigenous Australians. The Greens have welcomed the change, but federal Minister for Communications Mitch Fifield said he was "bewildered" by the change in date.

CORPORATES
TRIPLE J PTY LTD, AUSTRALIAN GREENS, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS

Wage justice for apprentices

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Original article by David Marin-Guzman
The Australian Financial Review – Page: 9 : 28-Nov-17

The Electrical Trades Union estimates that Queensland apprentices could be owed as much as $A70 million in back pay. Its comments follow the full Federal Court’s decision to uphold a previous ruling by the Fair Work Commission that Queensland employers should have been paying apprentices under federal awards since the start of 2014, rather than under low-paying state awards. Employer groups such as the Master Builders Association and the Housing Industry Association had appealed the Commission’s ruling, as had training group All Trades Queensland.

CORPORATES
ELECTRICAL TRADES UNION, FEDERAL COURT OF AUSTRALIA, AUSTRALIA. FAIR WORK COMMISSION, MASTER BUILDERS’ ASSOCIATION OF QUEENSLAND, HOUSING INDUSTRY ASSOCIATION (QUEENSLAND)

Myer trims staff hours to cut costs

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Original article by Sue Mitchell
The Australian Financial Review – Page: 15 : 28-Nov-17

Department store chain Myer is cutting staff hours at its poorer performing stores to help reduce costs, although the move appears at odds with CEO Richard Umbers’ New Myer strategy. A key feature of the strategy involves boosting "customer facing hours". Myer’s same-store sales fell by 2.1 per cent in the three months to October, and Umbers told its AGM on 24 November that there had been no improvement since then. Myer has been the subject of sustained attack recently from major shareholder Solomon Lew over its performance.

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, PREMIER INVESTMENTS LIMITED – ASX PMV, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, DEUTSCHE BANK AG

Business alarm as vote brings on merger of militant super union

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Original article by Ewin Hannan
The Australian – Page: Online : 28-Nov-17

Members of the Maritime Union of Australia have voted in favour of a merger with the Construction Forestry Mining & Energy Union. It is expected the two unions will ask the Fair Work Commission in January 2018 to approve their alliance, which would create a union with 144,000 members. However, employer groups have indicated they will go to the High Court if necessary in an attempt to block the FWC from approving the merger. Fifty per cent of MUA members took part in the vote, with 87 per cent of votes supporting the merger.

CORPORATES
MARITIME UNION OF AUSTRALIA, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIA. FAIR WORK COMMISSION, HIGH COURT OF AUSTRALIA, AUSTRALIA. DEPT OF EMPLOYMENT, TEXTILE, CLOTHING AND FOOTWEAR UNION OF AUSTRALIA, AUSTRALIAN MINES AND METALS ASSOCIATION (INCORPORATED), FEDERAL COURT OF AUSTRALIA, MASTER BUILDERS’ ASSOCIATION

Pilbara minnows tank on Novo no-go

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Original article by Paul Garvey
The Australian – Page: 28 : 28-Nov-17

Shares in companies targeting the Pilbara region of Western Australia for gold performed badly on 27 November. This followed an announcement by Canadian-based resources firm Novo Resources that the results of attempts to test conglomerate deposits at its Purdy’s Well tenement with a specialist drill rig had been "disappointing". Shares in its joint-venture partner Artemis Resources fell by 19.7 per cent, while Impact Minerals, De Grey Mining, Kairos Minerals and Marindi Metals all dropped by at least 20 per cent.

CORPORATES
NOVO RESOURCES CORPORATION, ARTEMIS RESOURCES LIMITED – ASX ARV, IMPACT MINERALS LIMITED – ASX IPT, DE GREY MINING LIMITED – ASX DEG, KAIROS MINERALS LIMITED – ASX KAI, MARINDI METALS LIMITED -ASX MZN

Nine exposed to potential class action over Don Burke allegations

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Original article by Dana McCauley
The Australian – Page: Online : 28-Nov-17

The Nine Network is to investigate sexual harassment, bullying and assault allegations made against Don Burke by female staff and associates. The accusations against Burke, host of the long-running "Burke’s Backyard" show that was broadcast on Nine, were made as part of an investigation by the ABC and Fairfax Media. Roger Singh from Shine Lawyers notes media firms could be hit with significant damages claims if it was found they were negligent in their duty of care in terms of staff that had been the subject of abuse.

CORPORATES
NINE NETWORK AUSTRALIA LIMITED, AUSTRALIAN BROADCASTING CORPORATION, FAIRFAX MEDIA LIMITED – ASX FXJ, SHINE LAWYERS, CTC PRODUCTIONS PTY LTD

Malcolm Turnbull under pressure to allow bank probe

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Original article by Phillip Coorey
The Australian Financial Review – Page: Online : 28-Nov-17

Nationals MP Llew O’Brien has indicated he is prepared to cross the floor of the House of Representatives to support a private members’ bill to establish a commission of inquiry into the banking sector. Nationals MP George Christensen has already indicated he cross the floor to support the bill in the lower house. The bill has been instigated by Nationals senator Barry O’Sullivan, and already has enough support to pass through the upper house. O’Sullivan says the federal government should perhaps take control of the process to get the bill enacted, given the current state of the numbers.

CORPORATES
NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, ONE NATION PARTY, AUSTRALIAN GREENS, AUSTRALIAN LABOR PARTY, KATTER’S AUSTRALIAN PARTY, AUSTRALIA. DEPT OF THE TREASURY

NSW may boycott SA water inquiry

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Original article by Edmund Tadros
The Australian Financial Review – Page: 3 : 27/11/2017

South Australian Premier Jay Weatherill has announced a Royal Commission into claims that the Murray-Darling Basin has been the subject of water theft by upstream irrigators. His decision follows the release of two reports that were highly critical of how the Basin is being managed by both the Murray-Darling Basin Authority and the various states. Both reports were prompted by a July television program that aired claims of water theft by cotton farmers in New South Wales, along with allegations that NSW bureaucrats were involved in subverting the Murray-Darling Basin agreement. The NSW government is yet to indicate whether it will permit ministers and public servants to appear before the Commission.

CORPORATES
SOUTH AUSTRALIA. DEPT OF THE PREMIER AND CABINET MURRAY-DARLING BASIN COMMISSION NEW SOUTH WALES. DEPT OF PRIMARY INDUSTRIES NEW SOUTH WALES. INDEPENDENT COMMISSION AGAINST CORRUPTION NEW SOUTH WALES. OMBUDSMAN’S OFFICE AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET