Author: roymorgansocial

Companies told they need to report protesting workers within 24 hours

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Original article by Ewin Hannan
The Australian – Page: 8 : 18-Oct-18

With unions set to commence a month of rallies on 18 October, Industrial Relations Minister Kelly O’Dwyer has warned that it is a prelude to the workplace turmoil that can be expected if Labor wins the next federal election. Meanwhile, the Australian Building & Construction Commission has told employers that they are required to advise it of any workers who participate in the rallies without authorisation within 24 hours. The ABCC has again stressed that employees could be prosecuted, prompting the construction union to accuse it of attempting to intimidate workers.

CORPORATES
AUSTRALIA. DEPT OF JOBS AND SMALL BUSINESS, AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIAN LABOR PARTY, ACTU, AUSTRALIA. FAIR WORK OMBUDSMAN

Payday lenders to face probe

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Original article by Michael Roddan
The Australian – Page: 21 : 18-Oct-18

The Senate will undertake an inquiry into payday lenders and short-term credit providers after the proposed probe was backed by the Greens and Centre Alliance. Payday lenders and so-called "buy now, pay later" credit providers were excluded from the financial services royal commission’s terms of reference. Shares in Afterpay Touch Group, Zip Co and Cash Converters fell sharply in response to news of the inquiry.

CORPORATES
AFTERPAY TOUCH GROUP LIMITED – ASX APT, ZIP CO LIMITED – ASX Z1P, CASH CONVERTERS INTERNATIONAL – ASX CCV, CREDIT CORP GROUP LIMITED – ASX CCP, AUSTRALIA. SENATE STANDING COMMITTEE ON ECONOMICS, AUSTRALIAN GREENS, CENTRE ALLIANCE, AUSTRALIA. ROYAL COMMISSION INTO MISCONDUCT IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES INDUSTRY, THORN GROUP LIMITED – ASX TGA, RADIO RENTALS, NIMBLE PTY LTD, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, AUSTRALIAN LABOR PARTY

I’m ready to lead ABC full-time, says fill-in boss

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Original article by Lilly Vitorovich, Stephen Brook
The Australian – Page: 2 : 18-Oct-18

David Anderson has expressed interest in becoming the ABC’s MD if he is offered the role. Anderson has been acting MD following the dismissal of Michelle Guthrie in late September. He says that maintaining the public broadcaster’s independence would one of his top priorities in the role. Meanwhile, ABC veteran Michael Mason has resigned as director of regional and local content; he has stressed that his departure is unrelated to the ABC’s recent leadership turmoil.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION

As TPP clears the Senate, Morrison hails export boon

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Original article by Phillip Coorey
The Australian Financial Review – Page: 2 : 18-Oct-18

The Senate has voted 33-15 to pass a bill to ratify the 11-nation Trans-Pacific Partnership, after it gained the support of Labor and several cross-benchers. Unions had opposed the TPP, particularly the provisions with regard to labour market testing and investor-state dispute settlements, and Labor will seek to remove these clauses from the TPP if it wins the next election. Prime Minister Scott Morrison notes that economic modelling suggests that the TPP will increase Australia’s national income by about $15.6bn a year by 2030.

CORPORATES
TRANS-PACIFIC PARTNERSHIP, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIAN GREENS, CENTRE ALLIANCE

BHP dials down copper target after unplanned outages

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Original article by Peter Ker
The Australian Financial Review – Page: 19 & 24 : 18-Oct-18

BHP Billiton’s production report for the September quarter shows that the resources giant has scaled back its forecast for copper output in 2018-19. BHP expects full-year production to be within the range of 1.62 million to 1.705 million tonnes, compared with previous guidance of 1.67 million to 1.77 million tonnes. The downgrade has been attributed to disruptions at the Olympic Dam mine in South Australia and the Spence project in Chile. Meanwhile, BHP’s iron ore shipments totalled 69.42 million tonnes during the quarter, and the company still expects Pilbara iron ore volumes of 273 million to 283 million tonnes for the full year.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, UBS HOLDINGS PTY LTD, RBC CAPITAL MARKETS

Indon FTA on track despite Israel uproar

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Original article by Andrew Tillett, Jacob Greber
The Australian Financial Review – Page: 4 : 18-Oct-18

Prime Minister Scott Morrison has downplayed concerns that a proposed free-trade agreement with Indonesia may be jeopardised by any change in Australia’s policy on Israel. According to media reports, Foreign Minister Marise Payne has been warned by her Indonesian counterpart that the nations’ bilateral relations would be damaged if Australia relocated its Israeli embassy from Tel Aviv to Jerusalem. Farmers are concerned that Australia’s live cattle exports to Muslim countries could be affected.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, INDONESIA. MINISTRY OF FOREIGN AFFAIRS, NATIONAL PARTY OF AUSTRALIA, NATIONAL FARMERS’ FEDERATION LIMITED, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Nats leader’s warning as Joyce circles

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Original article by Joe Kelly
The Australian – Page: 1 & 5 : 18-Oct-18

There is growing speculation that the position of National Party leader Michael McCormack could be under threat, and some Nationals MPs are said to support restoring Barnaby Joyce to the role ahead of the next federal election. Joyce himself has emphasised that he has not lobbied his colleagues regarding a leadership spill, although he concedes that he would accept the party’s leadership if the opportunity arose. Nationals frontbenchers David Littleproud and Darren Chester both say a leadership spill is unlikely.

CORPORATES
NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF AGRICULTURE AND WATER RESOURCES

Howard in late bid to rescue Libs

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Original article by Dennis Shanahan
The Australian – Page: 1 & 4 : 18-Oct-18

Former prime minister John Howard will campaign in the seat of Wentworth on behalf of Liberal candidate Dave Sharma. Malcolm Turnbull held the seat with a margin of 17 per cent, but Howard has warned that there is a high risk that the Liberals will lose Wentworth for the first time. He has also sent a letter to voters stressing that a Liberal win is necessary to ensure a stable government. Meanwhile, independent candidate Kerryn Phelps has condemned an email campaign in which it was alleged that she has withdrawn from the by-election after being diagnosed with HIV.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Phelps to trounce Liberals in key seat, party polling shows

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Original article by Andrew Clennell
The Australian – Page: 1 & 5 : 17-Oct-18

Liberal Party candidate Dave Sharma seems set to lose the Wentworth by-election on 21 October, according to the party’s latest polling. It shows that independent candidate Kerryn Phelps leads Sharma 55-45 on a two-party-preferred basis. The Liberals’ previous polling in Wentworth showed that Sharma had a narrow lead over Phelps. Meanwhile, Phelps is under scrutiny for allegedly breaching electoral laws by making election-related social media posts without the required authorisation.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN ELECTORAL COMMISSION, AUSTRALIAN MEDICAL ASSOCIATION LIMITED

Union threat to sue Ombudsman

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Original article by Ewin Hannan
The Australian – Page: 2 : 17-Oct-18

The Fair Work Ombudsman recently warned that workers who attend union-organised protest rallies in coming weeks without written approval from their employer risk being prosecuted for unprotected industrial action. However, ACTU secretary Sally McManus argues that the right to attend lawful political protests is protected by the Fair Work Act, and she has accused the FWO of misrepresenting the rights of workers. Unions have also warned of potential legal action if the FWO and employers do not retract their warnings to workers about attending the rallies.

CORPORATES
AUSTRALIA. FAIR WORK OMBUDSMAN, ACTU, HIGH COURT OF AUSTRALIA, AUSTRALIAN MINES AND METALS ASSOCIATION (INCORPORATED), THE AUSTRALIAN INDUSTRY GROUP