Smelter offered millions to stay put

Original article by Nick Evans
The Australian – Page: 2 : 14-Dec-20

Alcoa’s aluminium smelter at Portland in Victoria will receive $76.8m from the Australian Energy Market Operator for load-shedding during periods of peak demand for electricity. The payments from AEMO’s Reliability & Emergency Reserve Trade scheme will be guaranteed by the federal government. Energy Minister Angus Taylor stresses that the payments do not constitute a subsidy; instead, they will compensate Alcoa for its role in stabilising the electricity grid. The deal will in itself not ensure the future of the smelter, which remains under pressure due to high energy costs.

CORPORATES
ALCOA INCORPORATED, ALCOA OF AUSTRALIA LIMITED, AUSTRALIAN ENERGY MARKET OPERATOR LIMITED, AUSTRALIA. DEPT OF INDUSTRY, SCIENCE, ENERGY AND RESOURCES

Job ads targeting migrants overwhelmingly offering below the minimum wage

Original article by Isobel Roe
abc.net au – Page: Online : 14-Dec-20

Unions New South Wales looked at 3,000 job advertisements in foreign languages and aimed at migrant workers and found that 88 per cent were offering below award rates. The rate of job ads offering illegal pay rates has risen over 14 per cent since the start of the pandemic, while Unions NSW’s latest survey found that the construction and cleaning sectors were the worst offenders in terms of paying below the minimum wage. Migrant workers are reluctant to pursue complaints over poor wage rates for fear it could put their visa status at risk.

CORPORATES
UNIONS NSW

Refinery rescue deal to safeguard fuel stocks

Original article by Ben Packham
The Australian – Page: 5 : 14-Dec-20

The federal government is set to announce a rescue package for the Lytton, Geelong and Altona oil refineries to ensure that they remain operational until mid-2021. The refineries will receive a payment of at least $0.01 per litre for their petrol, diesel and jet fuel production over the six months from 1 January. Energy Minister Angus Taylor says the government is finalising a long-term market mechanism for the production payment, which is slated to take effect from 1 July. The future of Australia’s three remaining refineries has come under scrutiny following BP’s recent decision to close its Kwinana plant.

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY, SCIENCE, ENERGY AND RESOURCES, AMPOL LIMITED – ALD, EXXONMOBIL AUSTRALIA PTY LTD, VIVA ENERGY GROUP LIMITED – ASX VEA, BP AUSTRALIA LIMITED

Canavan calls for retaliatory levy on iron ore to China

Original article by Ben Packham
The Australian – Page: 6 : 14-Dec-20

Former resources minister Matt Canavan contends that the federal government should respond to China’s import bans and punitive tariffs by imposing a levy on iron ore exports. Australia ships nearly 900 million tonnes of iron ore to China each year, and Canavan argues that a levy of just one per cent would raise more than $800m annually; this could be used to compensate companies that have been hit by China’s trade sanctions. Canavan notes that iron ore has not been affected by the trade war, as China cannot quickly and easily source an alternative supply.

CORPORATES

NSW to consider testing international travellers before they board for Sydney

Original article by Amelia McGuire
The Age – Page: Online : 14-Dec-20

New South Wales has reported no new locally-acquired COVID-19 cases for 11 consecutive days, but the number of cases among returned travellers has risen to 34. NSW Health Minister Brad Hazzard has indicated that the state government is looking at the viability of requiring airlines to test passengers and flight crews for the coronavirus before they board a plane to Australia. Meanwhile, six returned travellers in hotel quarantine in Victoria have tested positive for COVID-19, and an additional 24 have symptoms of the virus.

CORPORATES
NEW SOUTH WALES. MINISTRY OF HEALTH

Chinese Communist Party insiders infiltrate Western consulates

Original article by Sharri Markson
The Australian – Page: 1 & 7 : 14-Dec-20

Members of the Chinese Communist Party are working in at least 10 foreign consulates in Shanghai, including those of Australia, the US and the UK. This follows the examination of a leaked copy of CCP membership records, which has also found that CCP members are working in companies such as Boeing and AstraZeneca, as well as Western universities. Australia hires local staff for its Shanghai consulate through the Shanghai Foreign Agency Service Department, which is a Chinese government agency, and the leaked database indicates that it has at least 12 active CCP branches

CORPORATES
COMMUNIST PARTY (CHINA), BOEING COMPANY, ASTRAZENECA PLC

China not playing by trade pact rules

Original article by Ben Packham, Will Glasgow
The Australian – Page: 4 : 9-Dec-20

Trade Minister Simon Birmingham says the federal government is considering "all dispute settlement options" in response to China’s recent move to ban a range of imports from Australia. He has also suggested that the targeted nature of the import bans raises questions about China’s adherence to the free-trade agreement that the two nations signed in 2015. China has yet to explain why it has banned meat exports from Queensland-based abattoir Meramist, although there is speculation that it is in retaliation to the federal government’s Foreign Relations Bill.

CORPORATES
AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, MERAMIST PTY LTD

COVID travel ban extended, as Australia reaches astonishing virus milestone

Original article by
The New Daily – Page: Online : 9-Dec-20

Australians will be prohibited from travelling overseas until at least 17 March. Health Minister Greg Hunt has cited the ongoing COVID-19 health crisis overseas for the decision to extend the ban, which was slated to expire on 17 December. The ban also prevents international cruise ships from entering Australian waters. Meanwhile, the number of active cases across Australia has fallen to 42, with returned travellers in hotel quarantine accounting for all but one of these cases. Victoria has had no active cases for 39 days; however, six returned travellers have been isolated in a special ‘hot’ hotel in Melbourne after showing symptoms of the coronavirus. Another returned traveller has tested negative for COVID-19 after arriving in Melbourne on 7 December.

CORPORATES
AUSTRALIA. DEPT OF HEALTH

Union takes Tax Office bosses to Federal Court in work from home row

Original article by Noel Towell
The Age – Page: Online : 9-Dec-20

The Australian Services Union has commenced legal action against senior executives at the Australian Taxation Office. The ASU alleges that the executives – including Commissioner of Taxation Chris Jordan – were in breach of workplace laws and the ATO’s enterprise agreement, which includes working at home provisions. The union claims that ATO staff who had been working from home due to the pandemic were ordered to return to their offices without the required notice period when the federal government announced stimulus measures such as the JobKeeper wage subsidy scheme.

CORPORATES
AUSTRALIAN SERVICES UNION, AUSTRALIAN TAXATION OFFICE

Labor snubs job-saving IR reboot

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 14 : 9-Dec-20

Labor has advised that it will not support a key provision in the federal government’s industrial relations omnibus bill. The controversial reform would allow the Fair Work Commission to approve enterprise agreements that do not comply with the ‘better-off-overall test’ in the Fair Work Act. The FWC will be able to take into account factors such as the impact of COVID-19 in approving non-compliant agreements. ACTU secretary Sally McManus says the proposed reform is ‘diabolical’, although it has been welcomed by business groups

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. FAIR WORK COMMISSION, ACTU