Swearing ruling lowers bar on behaviour

Original article by David Marin-Guzman
The Australian Financial Review – Page: 3 : 8-Nov-17

The Fair Work Commission has ruled that Construction, Forestry, Mining & Energy Union official Brad Upton is not a "fit and proper" person to hold a workplace right-of-entry permit. The ruling concerns his use of offensive language while addressing workers at the Gorgon LNG project. Meanwhile, the FWC has issued a separate ruling in which South32 was ordered to reinstate a CFMEU official for using similar language and making physical threats against eight workers.

CORPORATES
CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIA. FAIR WORK COMMISSION, SOUTH32 LIMITED – ASX S32, K&L GATES LLP, CLAYTON UTZ, AUSTRALIAN HUMAN RESOURCES INSTITUTE, AUSTRALIA. DEPT OF EMPLOYMENT, AUSTRALIAN LABOR PARTY, ELECTRICAL TRADES UNION

Kroger lashes Libs over GetUp!

Original article by Simon Benson, Andrew Clennell
The Australian – Page: 1 & 4 : 8-Nov-17

Liberal Party of Victoria president Michael Kroger has criticised several federal Liberal MPs for holding "secret" meetings with representatives of GetUp. Cabinet minister Christopher Pyne and backbenchers Tim Wilson and Trent Zimmerman are among the members of the Liberal Party’s moderate faction to have held meetings with the left-wing activist group. However, Prime Minister Malcolm Turnbull argues that GetUp meets with politicians from all political parties.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, LIBERAL PARTY OF VICTORIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, GETUP LIMITED, AUSTRALIAN LABOR PARTY

ANZ-Roy Morgan Australian Consumer Confidence: headline index eases slightly

Original article by Roy Morgan Research
Market Research Update – Page: Online : 8-Nov-17

ANZ-Roy Morgan Australian Consumer Confidence slipped 0.7% to 112.6 in the week ended 5 November 2017, a touch under its long-term average of 112.9. The details were broadly negative, with four out of five sub-indices showing falls. The outlook on economic conditions in the next year rose 2.1%, partially offsetting a 4.5% fall in the previous week. The sub-index on longer-term future economic conditions fell 2.8% to its lowest value in eight weeks. Meanwhile, consumers’ views about current financial conditions eased 0.5% after a solid 5.3% jump the previous week, and the outlook for future financial conditions fell for the third straight week, bringing the index down to its lowest point in 11 weeks.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

$30bn boost for PM’s tax reform plan

Original article by Simon Benson
The Australian – Page: 1 & 4 : 8-Nov-17

A new report from the Treasury has concluded that the Federal Government’s proposed $A65bn corporate tax cuts proposal would result in a total tax revenue gain of about $A30bn. The research paper estimates that reducing the company tax rate from 30 per cent to 25 per cent will increase the size of the domestic economy by more than one per cent over the long-term. The report also notes that the average company tax rate among OECD nations has fallen to 24 per cent, compared with 32 per cent in 2000, and it warns that Australia could face a permanent reduction in both GDP and real wages if it fails to take similar action.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN GREENS, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Weatherill’s tax grab to sting local bank

Original article by Michael Owen
The Australian – Page: 2 : 7-Nov-17

BankSA CEO Nick Reade contends the Weatherill government’s proposed bank levy will have a much greater impact on it than the government has claimed. He says the South Australian government has suggested the levy might only push up its company tax rate by as little as 0.1 per cent, but Reade says it will increase it by around three per cent. Meanwhile, the Weatherill government remains determined that the tax should go ahead, with Treasurer Tom Koutsantonis saying on 6 November there was "no chance at all" that it would change its mind.

CORPORATES
BANK OF SOUTH AUSTRALIA LIMITED,SOUTH AUSTRALIA. DEPT OF TREASURY AND FINANCE,SOUTH AUSTRALIA. DEPT OF THE PREMIER AND CABINET

Coalmine is not a convent when talking abuse

Original article by David Marin-Guzman
The Australian Financial Review – Page: 3 : 7-Nov-17

The Fair Work Commission has upheld an unfair dismissal claim against mining company South32. The company had dismissed Construction, Forestry, Mining and Energy Union delegate Matthew Gosek as a result of his use of abusive language and physical threats against eight co-workers. In upholding Gosek’s challenge against his dismissal, FWC Commissioner Bernie Riordan noted Gosek had been affected by a combination of alcohol and anti-depressants at the time, and that bad language was commonplace in the workplace. Industrial relations lawyer Stuart Wood says the FWC’s decision could be seen as condoning union bullying.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION,SOUTH32 LIMITED – ASX S32,ILLAWARRA COAL PTY LTD,GLENCORE AUSTRALIA PTY LTD,CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA

Malcolm Turnbull moves on citizenship, orders full disclosure

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

Prime Minister Malcolm Turnbull has called for all federal politicians to declare to the parliament that they are not dual citizens as a way of resolving the current citizenship saga. However, he continued to resist calls for a citizenship audit of federal MPs, as has been sought by the minor parties. Turnbull’s proposal would apply to both sitting and new MPs, with new MPs being required to make declarations within 21 days of being sworn in. Supporting documentation would be required by MPs when making their declaration.

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

Tasmanian dairy workers offer 20pc pay cut to save jobs

Original article by Sue Neales
The Australian – Page: Online : 7-Nov-17

Struggling dairy producer Murray Goulburn is due to close a milk processing plant at Edith Creek in Tasmania on 30 November. However, staff there have agreed to forgo around 20 per cent of their take-home wages if another company agrees to acquire the factory and keep it open. TasAsia Dairy is interested in acquiring the plant, and National Union of Workers’ official Neil Smith says it, the NWU and the plant’s more than 100 workers have entered into a preliminary agreement that would see it remain open.

CORPORATES
MURRAY GOULBURN CO-OPERATIVE COMPANY LIMITED,TASASIA DAIRY,NATIONAL UNION OF WORKERS,SAPUTO INCORPORATED,TASMANIA. DEPT OF EDUCATION,DUTCH HILL DAIRY GROUP

Offshore leak exposes Trump’s Russia links

Original article by International Consortium of Investigative Journalists
The Australian Financial Review – Page: 1 : 6-Nov-17

Some 13.4 million records from Bermudan law firm Appleby have been leaked to the international press. The records cover the period from 1950 to 2016. The leaked records contain significant revelations, including that US Secretary of Commerce Wilbur Ross has interests in a shipping company that has received close to $US70 million in revenue since 2014 from a company co-owned by the son-in-law of Russian President Vladimir Putin. The records also reveal detailed information about the Queen’s finances, and show that mining firm Glencore is Appleby’s largest client.

CORPORATES
APPLEBY, UNITED STATES. DEPT OF COMMERCE, GLENCORE PLC, NIKE INCORPORATED, APPLE INCORPORATED, MICROSOFT CORPORATION

2.334 million Australians now unemployed or under-employed

Original article by
Market Research Update – Page: Online : 6-Nov-17

A Roy Morgan survey has found that 1.226 million Australians were unemployed in October, an increase of 38,000 over the same time in 2016. A further 1.108 million Australians were under-employed, down 138,000 on the same time in 2016. The number of Australians in employment in October totalled 11,767,000, an increase of 104,000 over the past year, with the increase largely due to a rise in full-time jobs. Roy Morgan Research executive chairman Gary Morgan says employment growth has eased in the second half of 2017, while he notes the end of car manufacturing in Australia in October will have a flow-on effect to several automotive parts manufacturers and suppliers.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN BUREAU OF STATISTICS