‘Base racism’: Yes leader in no-holds-barred call

Original article by Rosie Lewis, Joe Kelly, Sarah Ison, Paige Taylor
The Australian Financial Review – Page: 1 & 4 : 13-Sep-23

Voice advocate Professor Marcia Langton has rejected claims that she accused No voters of racism in a speech in Bunbury on Sunday. Professor Langton said in her speech that if you start pulling apart the No case’s arguments, it either gets down to base racism or sheer stupidity. However, she stresses that she does not believe that the majority of Australians are racist, and contends that No campaigners are using racist tactics. Indigenous Australians Minister Linda Burney has called for both sides of the debate on an Indigenous Voice to parliament to "act respectfully and with care for their fellow Australians".

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Court urged to make example of CBA on pay

Original article by David Marin-Guzman
The Australian Financial Review – Page: 3 : 13-Sep-23

The Federal Court has been urged to impose the maximum penalty on the Commonwealth Bank of Australia for underpaying about 7,4000 employees some $16m over more than a decade. Michael Seck, the lawyer representing the Fair Work Ombudsman, contended that the penalty must be sufficient to deter other large companies from underpaying their staff. The bank had self-reported the underpayments to the FWO and has provided back-pay to all affected employees. The underpayments occured after CBA shifted affected employees from an enterprise agreement to individual agreements.

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COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, FEDERAL COURT OF AUSTRALIA, AUSTRALIA. FAIR WORK OMBUDSMAN

Key crossbenchers in bid to split up IR bill

Original article by Ewin Hannan
The Australian – Page: 5 : 13-Sep-23

Workplace Relations Minister Tony Burke has reiterated that the federal government wants the entire Closing Loopholes Bill to be passed by the end of 2023. This follows a push by Senate crossbenchers to remove four provisions from the bill and legislate them by the end of the year. They include proposed changes that would make it easier for first responders such as firefighters and ambulance crews to claim workers’ compensation for job-related post-traumatic stress disorder. Independent senator David Pocock says this would allow more time to consider the more contentious elements of the bill.

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AUSTRALIA. DEPT OF EMPLOYMENT AND WORKPLACE RELATIONS

PM flies blind in Qatar storm

Original article by Joe Kelly,Robyn Ironside
The Australian – Page: 1 & 5 : 6-Sep-23

The Senate will hold an inquiry into the federal government’s decision to block Qatar Airways’ application for additional flights to Australia, which was made by Transport Minister Catherine King on 10 July. There have been allegations that the decision was aimed at protecting Qantas from competition. Prime Minister Anthony Albanese told parliament on Tuesday that he did not discuss the issue with outgoing Qantas CEO Alan Joyce before the decision was made. He conceded that he had discussed the application with Virgin Australia Jayne Hrdlick on 13 July, and stated that he had only been made aware of King’s decision on Tuesday. However, this had been widely reported on 18 July. Five women who are suing Qatar Airways for invasive physical searches were also told of the decision in a letter from King that was dated 10 July.

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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET,QATAR AIRWAYS,QANTAS AIRWAYS LIMITED – ASX QAN,AUSTRALIA. DEPT OF INFRASTRUCTURE, TRANSPORT, REGIONAL DEVELOPMENT, COMMUNICATIONS AND THE ARTS

RBA to keep rates on hold as inflation stalls

Original article by Patrick Commins
The Australian – Page: 2 : 6-Sep-23

Philip Lowe has used his final statement as Reserve Bank of Australia governor to contend that the series of interest rate rises since May 2022 are working to establish a "more sustainable balance between supply and demand in the economy". He adds that the decision on Tuesday to pause official rates at 4.1 per cent for a third successive month will give the RBA board more time to assess the economic outlook and the impact of the interest rate rises to date. Lowe emphasised that bringing inflation under control is still the board’s priority. JP Morgan expects the RBA to increase the cash rate one more time, in November. Michele Bullock will formally succeed Lowe on 18 September.

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RESERVE BANK OF AUSTRALIA,JP MORGAN AUSTRALIA LIMITED

Burke to get extraordinary IR powers

Original article by David Marin-Guzman
The Australian Financial Review – Page: 1 & 4 : 6-Sep-23

Australian Chamber of Commerce & Industry CEO Andrew McKellar says the Closing Loopholes Bill contains at least 32 clauses that will allow Workplace Relations Minister Tony Burke to give himself new regulatory powers. He says this is an "extraordinary" number, and argues that it will heighten uncertainty about the real cost of the proposed industrial relations reforms to business. Master Builders Australia CEO Denita Wawn in turn says the ministerial powers will create greater uncertainty for independent contractors and businesses when entering commercial arrangements. Amongst other things, Burke will have broad powers to issue regulation that change the definitions for labour hire rules and gig economy workers’ pay.

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AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY,MASTER BUILDERS AUSTRALIA INCORPORATED,AUSTRALIA. DEPT OF EMPLOYMENT AND WORKPLACE RELATIONS

Liberals accused of dirty tactics over Indigenous voice pamphlet leading voters to site that harvests information

Original article by Tory Shepherd
The Guardian Australia – Page: Online : 6-Sep-23

The Coalition is under scrutiny over a pamphlet delivered to thousands of homes that directs electors to a website that harvests their personal information. The pamphlet advocating the ‘No’ case in the referendum on an Indigenous Voice to parliament includes a QR code with a link to the postal.vote website, which was also used by the Liberal and National parties during the 2022 election. It invites voters to apply for a postal vote by entering their name and contact details, and states that this will be forwarded to the Liberal and National parties. The site then informs electors that applications for postal votes are not yet available. The Australian Electoral Commission says people should always apply for a postal vote directly through it.

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LIBERAL PARTY OF AUSTRALIA,NATIONAL PARTY OF AUSTRALIA,AUSTRALIAN ELECTORAL COMMISSION

Gender balance improves, but still a long way to go

Original article by Helen Trinca
The Australian – Page: 15 : 6-Sep-23

Data from Chief Executive Women shows that 10 women were appointed as the CEO of an S&P/ASX 300 company in 2022-23. However, the net gain was eight, given that two female CEOs resigned during the period, while men still account for 91 per cent of CEO roles at the nation’s top 300 listed companies. CEW president Susan Lloyd-Hurwitz says progress towards gender equity is being made, but it is still "glacial". The figures do not include the more recent appointment of Michelle Jablko at Transurban and Fiona Hick’s resignation at Fortescue Metals Group. Vanessa Hudson was named the successor to Qantas CEO Alan Joyce in May, but her appointment was originally slated to take effect in November.

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CHIEF EXECUTIVE WOMEN,STANDARD AND POOR’S ASX 300 INDEX,TRANSURBAN GROUP LIMITED – ASX TCL,FORTESCUE METALS GROUP LIMITED – ASX FMG,QANTAS AIRWAYS LIMITED – ASX QAN

We could lose the race on critical minerals

Original article by Jennifer Hewett
The Australian Financial Review – Page: 2 : 6-Sep-23

Lynas Rare Earths has received a $US258m ($404m) grant from the Biden administration to build a heavy rare earths refinery in Texas. It will be the first facility of its kind outside of China, and will process material from Lynas’s Mt Weld mine in Western Australia. However, although the federal government has allocated some funding to Australia’s burgeoning critical minerals industry, its strategy for the sector seems to be based primarily on local companies gaining access to funding from the US. Tesla chair Robyn Denholm has used a Minerals Week speech in Canberra to call for greater action to capitalise on Australia’s competitive advantage in the criticals minerals sector.

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LYNAS RARE EARTHS LIMITED – ASX LYC,TESLA INCORPORATED

BHP says IR changes to cost more than $1.3b estimate

Original article by Peter Ker
The Australian Financial Review – Page: 5 : 6-Sep-23

BHP estimated in May that the ‘same job, same pay’ policy for labour hire workers would cost the resources group about $1.3bn a year. However, BHP believes that the actual cost may be much higher, given that the explanatory memorandum attached to the Closing Loopholes Bill could potentially capture mining service providers such as Thiess and Downer EDI. BHP did not take such providers into account when it released the initial estimate. BHP says it supports the intention of the bill with regard to low-paid and vulnerable workers, but argues that it is not appropriate for the mining sector; BHP notes that the average wage for employees in its Operations Services division is nearly $150,000 a year.

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BHP GROUP LIMITED – ASX BHP,THIESS PTY LTD,DOWNER EDI LIMITED – ASX DOW