Author: roymorgansocial

Pizza Hut must pay weekend penalties

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Original article by David Marin-Guzman
The Australian Financial Review – Page: 3 : 2-Oct-17

The Fair Work Commission ruled on 29 September that the national workplace agreement between Pizza Hut and the Shop Distributive & Allied Employees Association be terminated. The termination was made at the request of the SDA, but both it and Pizza Hut were not aware of the decision when asked for comment. The decision means Pizza Hut workers revert to the relevant award. As a result, their normal hourly rates will be reduced, but they will now receive full weekend and evening penalty rates.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION, PIZZA HUT AUSTRALIA, SHOP, DISTRIBUTIVE AND ALLIED EMPLOYEES’ ASSOCIATION, ALLEGRO FUNDS PTY LTD, DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, RETAIL AND FAST FOOD WORKERS UNION

Coalition ready to target states over coal seam gas bans

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Original article by Patrick Durkin, Angela Macdonald-Smith
The Australian Financial Review – Page: 5 : 2-Oct-17

Energy Minister Josh Frydenberg supports a suggestion by the Commonwealth Grants Commission concerning the goods and services tax and gas moratoriums or bans. The Commission has suggested states that have such bans could have their GST allocation reduced. Victoria has a ban on all on-shore gas exploration and development, but Treasurer Tim Pallas says it will not be "bullied" into lifting its ban. David Jochinke from the Victorian Farmers’ Federation said it would not be opposed to having the moratorium on conventional gas lifted, provided all possible risks are addressed.

CORPORATES
AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, AUSTRALIA. COMMONWEALTH GRANTS COMMISSION, VICTORIA. DEPT OF TREASURY AND FINANCE, VICTORIAN FARMERS FEDERATION, DOW CHEMICAL AUSTRALIA LIMITED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, CHEMISTRY AUSTRALIA

BC Iron inks deal with Palmer firm for Pilbara

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Original article by Tess Ingram
The Australian Financial Review – Page: 8 : 2-Oct-17

BC Iron reported on 29 September that it had entered into an agreement to acquire mining tenements in Western Australia’s Pilbara region from Clive Palmer’s Mineralogy company. BC Iron, in which billionaire Kerry Stokes has a 22.7 per cent stake, will pay Mineralogy $A9 million for the tenements, along with two ongoing royalties. The tenements are located near BC Iron’s Buckland iron ore project.

CORPORATES
BC IRON LIMITED – ASX BCI, MINERALOGY PTY LTD, CITIC PACIFIC MINING MANAGEMENT PTY LTD

Seven reaches out to culture critics

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Original article by Dana McCauley
The Australian – Page: 24 : 2-Oct-17

Television network Seven is keen to work with the Media, Entertainment & Arts Alliance over concerns the journalists’ union has with its work culture. It has also invited journalist Tracey Spicer, who voiced similar concerns on an ABC television program, to meet with CEO Tim Worner. A spokesperson for Seven notes that 60 per cent of its newsroom producers and journalists are female, while it has been pointed out that it would not have been able to achieve the ongoing success that it has if it did not have a good team culture.

CORPORATES
SEVEN NETWORK LIMITED, MEDIA, ENTERTAINMENT AND ARTS ALLIANCE, AUSTRALIAN BROADCASTING CORPORATION, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SKY NEWS

Reforms renew debate on ABC charter revision

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Original article by Stephen Brook
The Australian – Page: 24 & 26 : 2-Oct-17

The federal government has agreed to make changes to the ABC’s charter in return for getting its media reforms through parliament. The agreed changes include requiring that two members of its board come from rural and regional Australia. However, other suggestions as to how the ABC could change its charter include a requirement for it to express a balanced range of views, and that it not seek to compete in areas that are traditionally the domain of commercial companies.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, NATIONAL PARTY OF AUSTRALIA, ONE NATION PARTY, SPECIAL BROADCASTING SERVICE (SBS), NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, STAN ENTERTAINMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NETFLIX INCORPORATED, CURRENCY PRESS, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY, SCREEN PRODUCERS ASSOCIATION OF AUSTRALIA, AUSTRALIAN LABOR PARTY

‘Scrap quotas’ for unloved kids’ TV

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Original article by Stephen Brook
The Australian – Page: 24 : 2-Oct-17

Pamela Longstaff says Australian television content rules have not kept pace with trends such as the internet and subscription video services. Longstaff is the acting CEO of FreeTV, which has called for the scrapping of quotas for children’s television as part of its submission to a government review into Australian television content. Its research indicates children’s television programs are being viewed by a fraction of their potential target audience. Australian commercial TV networks spend $A1.5 billion per annum on domestic content

CORPORATES
FREE TV AUSTRALIA LIMITED, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS

Never before, never again: Storm farewell era of big three with premiership triumph

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Original article by Michael Chammas
The Sydney Morning Herald – Page: Online : 2-Oct-17

Melbourne Storm have won the 2017 NRL Premiership, defeating the North Queensland Cowboys by 34 to 6. Melbourne had led the match, played before an audience of 79,722 at ANZ Stadium, by 18-0 at half time. Melbourne’s Billy Slater was named player of the match, winning the Clive Churchill Medal, while the game was quite likely Cooper Cronk’s last one as an NRL player.

CORPORATES
MELBOURNE STORM RUGBY LEAGUE CLUB LIMITED, NATIONAL RUGBY LEAGUE, NORTH QUEENSLAND COWBOYS, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Sydney Symphony changes position on same-sex marriage after protest

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Original article by
Daily Review – Page: Online : 2-Oct-17

The Sydney Symphony Orchestra yesterday announced a change in its position on same-sex marriage, following significant protest against its ‘neutral’ stance. In a Facebook post published Sunday, the SSO’s Board says it has reconsidered its position and will publicly support a ‘yes’ vote in the same-sex marriage postal survey. On Thursday, the orchestra announced it was taking a neutral stance on same-sex marriage, and not supporting either side in the debate. This move came after arts figure and former SSO Chair Leo Schofield blasted the current Board in a widely-shared Facebook post.

CORPORATES
SYDNEY SYMPHONY ORCHESTRA, FACEBOOK INCORPORATED

Sellers beware: Auction action could be slowing to 50 per cent

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Original article by Nick Lenaghan
The Australian Financial Review – Page: 6 : 2-Oct-17

House auctions in Melbourne and Sydney on the weekend of 30 September-1 October were impacted significantly by the AFL and NRL grand finals respectively. Just 118 auctions were held in Melbourne, down from 1,361 for the previous weekend, although the clearance rate rose from 70.6 per cent to 89.4 per cent. Sydney auctions fell from 1,033 to 597, while its clearance rate increased from 65.9 per cent to 69.1 per cent. Louis Christopher from SQM Research expects clearance rates in both October and November to decline.

CORPORATES
SQM RESEARCH PTY LTD, CORELOGIC AUSTRALIA PTY LTD, BELLE PROPERTY PTY LTD, UBS GLOBAL REAL ESTATE INDEX

Taxpayers cop up to $400,000 Hadgkiss bill

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Original article by Ewin Hannan
The Weekend Australian – Page: 5 : 30-Sep-17

Former Australian Building & Construction Commission head Nigel Hadgkiss has been found by the Federal Court to have breached the Fair Work Act by the Federal Court. He has been directed to pay a penalty of $A8,500 for the breach, with the sum to be paid to the Construction, Forestry Mining & Energy Union. Dave Noonan from the CFMEU said it would give the money to a refuge that helps women escaping domestic violence. Employment Minister Michaelia Cash said taxpayers would be footing Hadgkiss’s legal bill for the case. The amount is expected to be between $A300,000 and $A400,000.

CORPORATES
AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION