Gamble by Palaszczuk pays off

Original article by Mark Ludlow
The Australian Financial Review – Page: 1 & 4 : 27/11/2017

Queensland Premier Annastacia Palaszczuk says she is optimistic of securing a majority in parliament, but says she will wait for all votes to be counted. With 76 per cent of votes having being counted as of 26 November, Labor had secured 43 seats, while the Liberal National Party is on 35 seats. A further 12 seats are in doubt. Palaszczuk contends her policies on education, jobs and health were well received by Queenslanders. However, others would take the view that it was her stance against One Nation and a proposed federal loan to Adani that helped her to get Greens preferences in the south-east of Queensland, while the LNP lost votes to One Nation in regional Queensland.

CORPORATES
QUEENSLAND. DEPT OF THE PREMIER AND CABINET AUSTRALIAN LABOR PARTY LIBERAL-NATIONAL PARTY OF QUEENSLAND ONE NATION PARTY AUSTRALIAN GREENS ADANI MINING PTY LTD NATIONAL PARTY OF AUSTRALIA AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY KATTER’S AUSTRALIAN PARTY

Australians are split on whether 2018 will be better than 2017

Original article by Roy Morgan Research
Market Research Update – Page: Online : 27/11/2017

A special Roy Morgan SMS Survey taken in mid-November shows only 31% of Australians think 2018 will be ‘better’ than 2017, while 39% say 2018 will be ‘the same’ and 30% say 2018 will be ‘worse’. Of concern is that 31% is the lowest figure ever recorded for Australians expecting next year to be ‘better’ and the 2017 results have the lowest net positive rating since 1990 when more Australians expected 1991 to be ‘worse’ (49%) than ‘better’ (33%). This is the first time in the history of this survey conducted since 1980 that no answer has reached the 40% mark. Analysis by States shows Victorians are most optimistic about 2018 with 33% expecting 2018 to be ‘better’, while South Australians are least optimistic about 2018, with 36% expecting 2018 to be ‘worse’.

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ROY MORGAN RESEARCH LIMITED

Premier stares down $2.3bn stadiums revolt

Original article by Andrew Clennell
The Australian – Page: 1 & 6 : 24-Nov-17

Not all members of the New South Wales cabinet are happy with plans to spend $A2.3 billion on upgrading two of Sydney’s biggest stadiums. The proposal to revamp Allianz Stadium and ANZ Stadium has been put forward by Sport Minister Stuart Ayres, and was strongly backed by Premier Gladys Berejiklian when she opened cabinet on 23 November. Seven ministers are understood to have voiced concern about the plan, particularly in regard to ANZ Stadium. However, it is believed cabinet was told the National Rugby League had threatened to take the grand final away from Sydney if ANZ Stadium was not upgraded.

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ALLIANZ AUSTRALIA LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, NEW SOUTH WALES. DEPT OF TOURISM, SPORT AND RECREATION, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET

Howard tackles PM on religion

Original article by Dennis Shanahan
The Australian – Page: 1 : 24-Nov-17

Former prime minister John Howard has refuted Prime Minister Malcolm Turnbull’s contention that boosting religious freedoms could lead to the adoption of sharia law in Australia. Howard says Turnbull’s arguments along these lines are "just plain wrong", noting that state governments would have to permit the introduction of sharia law, something that is just not going to happen. Howard says the federal government did not handle the same-sex marriage debate very well, apart from the actual postal survey.

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

Labor hits voters with new taxes

Original article by Mark Ludlow
The Australian Financial Review – Page: 10 : 24-Nov-17

Queensland Treasurer Curtis Pitt released details of four new or increased taxes on 23 November, just two days before that state’s election. The taxes, which include a new tax on luxury cars and an increase in the transfer duty surcharge imposed on overseas buyers of property, are due to come into effect in June 2018. They are aimed at helping to fund the $A2.8 billion worth of commitments that Labor has announced during the election campaign, but Liberal National Party treasury spokesman Scott Emerson says boosting taxes is not the way to grow the Queensland economy.

CORPORATES
QUEENSLAND. TREASURY, AUSTRALIAN LABOR PARTY, LIBERAL-NATIONAL PARTY OF QUEENSLAND, TATTS GROUP LIMITED – ASX TTS, PROPERTY COUNCIL OF QUEENSLAND

NEG will kill large-scale wind and solar boom

Original article by Ben Potter
The Australian Financial Review – Page: 12 : 24-Nov-17

The federal government’s proposed national energy guarantee will deter investments in large renewable energy projects if the emission reductions target that the government prefers is not changed. This is according to modelling by Bloomberg New Energy Finance, and comes as Energy Minister Josh Frydenberg and his state counterparts meet to discuss the NEG on 24 November. South Australia has indicated it will reject the NEG as it is currently proposed, while Queensland Energy Minister Mark Bailey says he will not agree to an NEG that does not meet the needs of his state.

CORPORATES
BLOOMBERG NEW ENERGY FINANCE, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, QUEENSLAND. DEPT OF ENERGY AND WATER SUPPLY, SOUTH AUSTRALIA. DEPT OF THE PREMIER AND CABINET, AUSTRALIAN LABOR PARTY, COUNCIL OF AUSTRALIAN GOVERNMENTS. ENERGY REFORM IMPLEMENTATION GROUP

Nats push much wider bank probe

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 7 : 24-Nov-17

Nationals senator Barry O’Sullivan released on 23 November details of his private members’ bill that calls for a commission of inquiry into the banking sector. Its release comes as efforts to have its tabling thwarted intensify. Former prime minister John Howard described the bill as "rank socialism", while Treasurer Scott Morrison met with the chairman of the big four banks, suggesting the need for them to come up with reforms that might reduce the impetus for an inquiry.

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NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, SKY NEWS, LIBERAL PARTY OF AUSTRALIA

Workers agree to pay freeze in deal to end ice cream boycott

Original article by Ewin Hannan
The Australian – Page: 4 : 23-Nov-17

Workers at Streets’ Minto ice cream factory in Sydney have agreed to an in-principle settlement of their long-running dispute over pay and conditions. Features of the new agreement between Unilever and the Australian Manufacturing Workers Union include a pay freeze for the next 12 months, changes to rosters, and a reduction in work breaks from 30 minutes to 20 minutes. As a result of the in-principle agreement, unions have agreed to withdraw their campaign for a consumer boycott of Streets’ brands.

CORPORATES
UNILEVER AUSTRALIA LIMITED, AUSTRALIAN MANUFACTURING WORKERS’ UNION, ACTU

NXT senator steps down over dual citizenship

Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 23-Nov-17

Nick Xenophon Team senator Skye Kakoschke-Moore has become the latest federal politician to become caught up in the dual-citizenship saga. Kakoschke-Moore announced her resignation from the Senate on 22 November, after discovering she had inherited dual UK citizenship through her mother. She asked that the Senate refer her case to the High Court when it resumes sitting in the week beginning 27 November.

CORPORATES
NICK XENOPHON TEAM, HIGH COURT OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, ONE NATION PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA

Airport rail begins within 10 years

Original article by Adam Carey
The Age – Page: 1 : 23-Nov-17

Victorian Premier Daniel Andrews will tell a meeting of the Victorian Chamber of Commerce and Industry on 23 November that construction of a rail link to Melbourne Airport will begin by 2026. The announcement of the rail link follows a meeting between transport ministers from the Victorian and federal governments on 22 November, with the two governments agreeing to commit $A30 million towards funding a study to determine how best to construct the link.

CORPORATES
VICTORIA. DEPT OF PREMIER AND CABINET, VICTORIAN CHAMBER OF COMMERCE AND INDUSTRY