O75 Public Administration

Fall in job vacancies lifts rates pressure

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Original article by Michael Roddan
The Australian – Page: 2 : 27-Sep-19

Job vacancies in Australia declined by 1.9 per cent over the year to August, according to figures released by the Australian Bureau of Statistics. Private sector vacancies fell by 2.6 per cent over the period, while public sector vacancies surged 10.8 per cent. Callum Pickering from job site Indeed says there are now three people unemployed for every job vacancy, while ABS chief economist Bruce Hockman says the decline in job vacancies in the year to August was the biggest fall since February 2014. The figures increase the likelihood that the Reserve Bank will cut interest rates when it meets on 1 October.

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AUSTRALIAN BUREAU OF STATISTICS RESERVE BANK OF AUSTRALIA

Lockouts to go but NSW festival laws fail

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Original article by Andrew Clennell
The Australian – Page: Online : 27-Sep-19

New South Wales Premier Gladys Berejiklian has slammed Labor, Greens and crossbench MPs after they moved to disallow regulations governing the safety of music festivals in NSW. The Upper House move comes as a cross-parliamentary committee is expected to recommend on 30 September that lockout laws and late-night drink restrictions in Sydney’s CBD be repealed, but that restrictions in Kings Cross remain in place. Berejiklian claims the actions of the NSW Upper House MPs have put "thousands of lives at risk".

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NEW SOUTH WALES. DEPT OF PREMIER AND CABINET

Fighting furies from Tigerland take on the Mighty Giants

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Original article by Roy Morgan
Market Research Update – Page: Online : 27-Sep-19

This weekend’s AFL Grand Final pits traditional Victorian powerhouse Richmond against the GWS Giants, a club that only entered the competition in 2012. Roy Morgan’s latest AFL supporter data shows the Tigers clearly have the edge in support over the Giants, with over 450,000 supporters set to cheer on the ‘Yellow and Black’ on 28 September, compared to the Giants’ supporter base of just 190,000. A look at the supporters of the two clubs shows Richmond have a more even gender split than GWS, while both clubs have managed to attract young supporters; however, Richmond does better when it comes to attracting supporters over the age of 50. These are the latest findings from Roy Morgan’s Single Source survey, which is based on in-depth personal interviews conducted face-to-face with over 50,000 Australians each year in their own homes.

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ROY MORGAN LIMITED AUSTRALIAN FOOTBALL LEAGUE

Setka forks out $40k of members’ funds on ad

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Original article by Ewin Hannan
The Australian – Page: 5 : 26-Sep-19

Embattled Construction, Forestry, Maritime, Mining & Energy Union official John Setka has criticised senator Jacqui Lambie in a full-page advertisement in the ‘Herald Sun’. Lambie has signalled that she will support the federal government’s Ensuring Integrity Bill unless Setka steps down as Victorian secretary of the CFMMEU. Setka has accused her of attempting to blackmail himself and the union’s members. A spokesman for Setka says the ad was "union business", so it was funded by the CFMMEU rather than Setka.

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CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA

RBA boss blasts CEO salaries after Qantas boss Alan Joyce’s wage revealed

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Original article by James Hall
News.com.au – Page: Online : 26-Sep-19

Reserve Bank of Australia governor Philip Lowe has criticised the large salaries of the nation’s top business executives at a time of low wages growth. Lowe argues that CEOs should not be rewarded with performance-based incentives merely for doing their job, while he says ordinary Australians should receive a wage increase of at least three per cent. His comments follow revelations that Qantas CEO Alan Joyce received total remuneration of almost $24m in fiscal 2018. Lowe himself receives a base salary of $903,000.

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RESERVE BANK OF AUSTRALIA, QANTAS AIRWAYS LIMITED – ASX QAN

Brickworks backs union clampdown

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Original article by David Marin-Guzman
The Australian Financial Review – Page: 10 : 26-Sep-19

Brickworks executive Wladyslaw Kluktewicz has expressed support for the federal government’s Ensuring Integrity Bill. He has told a Senate inquiry that the proposed legislation is necessary to address the issue of "rogue" union officials who visit non-unionised workplaces and attempt to hold meetings with workers. Michael Wright, the Electrical Trades Union’s national assistant secretary, also appeared before the inquiry.

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BRICKWORKS LIMITED – ASX BKW, ELECTRICAL TRADES UNION, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Pollution at top of PM’s ocean plan

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Original article by Dennis Shanahan, Graham Lloyd
The Australian – Page: 1 & 4 : 26-Sep-19

Prime Minister Scott Morrison has told the United Nations’ General Assembly that problems such as plastics pollution and illegal fishing are a more "immediate threat" to the world’s oceans than climate change. Morrison argued that industry must take a leadership role in developing commercially sustainable ways of ensuring that plastics are recycled. His address to the UN has coincided with the release of a new report from the Intergovernmental Panel on Climate Change on global warming’s impact on sea levels.

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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED NATIONS. GENERAL ASSEMBLY, INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE, AUSTRALIAN CONSERVATION FOUNDATION INCORPORATED, AUSTRALIAN NATIONAL UNIVERSITY, UNIVERSITY OF NEW SOUTH WALES, WORLD WIDE FUND FOR NATURE AUSTRALIA, PRATT INDUSTRIES (USA) INCORPORATED, MINDEROO FOUNDATION

Forrest’s $300m war on plastic

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Original article by Jacob Greber
The Australian Financial Review – Page: 1 & 4 : 26-Sep-19

Australian iron ore magnate Andrew Forrest has revealed a proposal to reduce global plastic waste by imposing a levy on plastics manufacturers. Forrest says the levy would initially raise about $US20bn a year, which could potentially increase to $US100bn, and the proceeds would be used to encourage the plastics industry to collect waste products and convert them back into polymer resin for reuse. Forrest’s Minderoo Foundation will invest some $US300m ($442m) in the initiative. Forrest says plastics are the biggest threat to the world’s oceans.

CORPORATES
MINDEROO FOUNDATION, FORTESCUE METALS GROUP LIMITED – ASX FMG, UNITED NATIONS. GENERAL ASSEMBLY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, ELLEN MacARTHUR FOUNDATION, UNIVERSITY OF WESTERN AUSTRALIA

Government’s anti-union bill retrospective

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Original article by David Marin-Guzman
The Australian Financial Review – Page: 15 : 25-Sep-19

ACTU president Michele O’Neil has told a Senate inquiry that some provisions of the federal government’s Ensuring Integrity Bill are retrospective. She says the requirement that a court must be satisfied that the deregistration of a union or the disqualification of an official is unjust would allow the court to take into account industrial breaches that occurred before the legislation took effect. This would have implications for the Construction, Forestry, Maritime, Mining & Energy Union, which has a long history of breaching workplace laws.

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ACTU, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, THE AUSTRALIAN INDUSTRY GROUP

Low rates to push older people into casual work

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Original article by Robert Gottliebsen
The Australian – Page: 25 : 25-Sep-19

Record low interest rates are having a direct impact on the Australian labour market, by forcing older people to delay retirement and remain in full-time work for longer than they had intended. This is in turn reducing the employment opportunities for younger Australians, forcing many of them to take up casual roles or jobs in the ‘gig’ economy. Economist Callam Pickering notes that the proportion of younger workers who are underemployed has increased from about 11 per cent in 2008 to nearly 18 per cent. The trend for older people to continue working full-time is also dampening wages growth, as their priority is continuity of income rather than pay rises.

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RESERVE BANK OF AUSTRALIA