O75 Public Administration

Shorten defies Left on security

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Original article by Simon Benson
The Australian – Page: 1 & 2 : 2-Oct-18

It is understood that Opposition Leader Bill Shorten will commit to keeping the Department of Home Affairs intact if Labor wins the next federal election. This is despite members of the party’s left and some unions wanting to see it dismantled. Shorten’s plan takes away a potential weapon from the federal government, which could have used any promise that Labor would break up Home Affairs as an opportunity to criticise it for being "soft" on border control and national security.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF HOME AFFAIRS, AUSTRALIAN WORKERS’ UNION-FEDERATION OF INDUSTRIAL, MANUFACTURING AND ENGINEERING EMPLOYEES, MARITIME UNION OF AUSTRALIA, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Labor threat to derail GST distribution law

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Original article by Andrew Burrell, Matthew Denholm
The Australian – Page: 6 : 2-Oct-18

Prime Minister Scott Morrison has announced that he will introduce legislation aimed at changing the way that goods and services tax revenue is distributed. He promised that no state would be worse off under his GST plan, but shadow treasurer Chris Bowen said he is concerned that Morrison’s proposed legislation does not state explicitly that this would be the case. Similarly, the Tasmanian Government wants an "enforceable guarantee" from the federal government that it will not be worse off under the proposed changes.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, TASMANIA. DEPT OF PREMIER AND CABINET, TASMANIA. DEPT OF TREASURY AND FINANCE, NEW SOUTH WALES. THE TREASURY

Roy Morgan CEO Michele Levine talks to new Business Channel Your Money

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Original article by Roy Morgan
Market Research Update – Page: Online : 2-Oct-18

Michele Levine, the CEO of researcher Roy Morgan, speaks to Your Money presenter Adam Creighton. She talks about issues such as Roy Morgan’s inaugural Wealth Report, including the increase in wealth in Australia over the last decade, as well as leading economic indicators such as ANZ-Roy Morgan Consumer Confidence and Inflation Expectations. Levine also notes that research by Roy Morgan shows that Australians’ satisfaction with the nation’s banks has fallen slightly in the wake of the Finance Royal Commission; there has also been a rise in the level of distrust regarding both banks and a broader range of organisations, including health insurers and the media.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIA. ROYAL COMMISSION INTO MISCONDUCT IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES INDUSTRY

Collins forced to plug the subs gap

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Original article by Paul Maley
The Australian – Page: 1 & 2 : 1-Oct-18

The Federal Government has yet to sign a strategic partnering agreement with France-based Naval Group to build a new fleet of submarines. Marcus Hellyer of the Australian Strategic Policy ­Institute has warned that a delay in finalising the agreement may in turn push back the delivery date for the 12 new submarines. He says that the government may have to extend the life of the Collins-class submarines until at least the 2040s. The first of the new Shortfin Barracuda submarines is slated for delivery in the early 2030s.

CORPORATES
NAVAL GROUP, AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED, AUSTRALIA. DEPT OF DEFENCE, LOCKHEED MARTIN CORPORATION

PM to sandbag seats with GST overhaul

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Original article by Andrew Burrell
The Australian – Page: 1 & 4 : 1-Oct-18

Prime Minister Scott Morrison is poised to announce plans for changes to the formula for distributing goods and services tax revenue. The legislation, which would provide the states and territories with an additional $7.2bn in funding, is expected to be put forward during the next session of Parliament. The changes will benefit Western Australia in particular, where the Liberal Party is in danger of losing up to five seats at the next federal election. The proposed changes will include the introduction of a GST floor of $0.70 in the dollar from 2022-23, which will increase to $0.75 in 2024-25.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY

Indonesian tsunami sensors missed huge waves, warning lifted 34 minutes after being issued

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Original article by
abc.net.au – Page: Online : 1-Oct-18

Indonesia’s geophysics agency BKMG has been criticised for lifting a tsunami warning only 30 minutes after it was issued. Hundreds of people were killed after the Indonesian island of Sulawesi was hit by a major earthquake and subsequent huge waves on 28 September, with the death toll expected to rise as more bodies are discovered. It is not certain whether the tsunami occurred before or after the warning was lifted, while the closest tidal sensor to where the tsunami hit measured only modest changes to wave levels. More than 800 people died in the disaster.

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BKMG

Reality check on the big stick

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Original article by John Kehoe, James Eyers, Sarah Turner, William McInnes, James Frost
The Australian Financial Review – Page: 1 & 6 : 1-Oct-18

Prime Minister Scott Morrison says the interim report of the financial services royal commission has highlighted areas of concern that the federal government has been taking action to address in the last few years. Treasurer Josh Frydenberg adds that the report demonstrates the need for the financial services industry to improve its standards and accountability. However, he has warned against responding to the findings of the inquiry with onerous regulation that could adversely affect access to credit or undermine economic growth.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. ROYAL COMMISSION INTO MISCONDUCT IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES INDUSTRY, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, CAPITAL ECONOMICS LIMITED, AUSTRALIAN LABOR PARTY, RESERVE BANK OF AUSTRALIA, WESTPAC BANKING CORPORATION – ASX WBC, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB

Entire ABC board under pressure to go

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Original article by Aaron Patrick, Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 28-Sep-18

Greens senator Sarah Hanson-Young has called for the ABC’s whole board to be replaced following the resignation of chairman Justin Milne and the sacking of MD Michelle Guthrie. Meanwhile, Labor has called for appointments to the board to be made independently of government. The remaining board members have come under scrutiny for continuing to support Milne for several days after they had heard allegations by Guthrie that Milne had asked her to sack journalists who had been the subject of complaints by former prime minister Malcolm Turnbull.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, AUSTRALIAN GREENS, AUSTRALIAN LABOR PARTY, TELSTRA CORPORATION LIMITED – ASX TLS, OZEMAIL LIMITED, MYOB GROUP LIMITED – ASX MYO, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS

Female pay gap exposes unions

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Original article by Samantha Hutchinson
The Australian – Page: 1 & 10 : 28-Sep-18

The Menzies Research Centre’s analysis of the salary disclosures of 11 large trade unions in Australia shows that senior male officials were paid an average of $199,580 in 2017-18. In contrast, the average salary of the top female officials was just $162,669. The gender pay gap for the unions’ top five positions was 20.38 per cent in 2017-18. John Slater of the Menzies Research Centre says the union gender pay gap supports other data which suggests that many women are reluctant to take up jobs with high salaries but long and unpredictable hours of work.

CORPORATES
THE MENZIES RESEARCH CENTRE LIMITED, AUSTRALIA. REGISTERED ORGANISATIONS COMMISSION, GRATTAN INSTITUTE, AUSTRALIAN LABOR PARTY, ACTU, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, LIBERAL PARTY OF AUSTRALIA

‘Standards have deteriorated’: Malcolm Turnbull weighs in on ABC accusation

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Original article by Matthew Knott
The Sydney Morning Herald – Page: Online : 27-Sep-18

Former prime minister Malcolm Turnbull says there has been a decline in the ABC’s editorial standards in recent years. Turnbull has confirmed that he had raised concerns about the quality of the public broadcaster’s coverage with chairman Justin Milne and other members of the ABC’s board. However, he stresses that he has never complained about any perceived bias in the ABC’s coverage or requested that any ABC staffer be dismissed. Turnbull add that it is the ABC board’s responsibility to address unfair or inaccurate reporting.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET