Economy on the rise: Morrison

Original article by David Uren
The Australian – Page: 1 & 4 : 20-Jul-17

Federal Treasurer Scott Morrison will address a conference in Melbourne on 20 July 2017. He will note that key indicators – such as business and consumer sentiment, corporate profits and job advertisements – show that the Australian economy is gaining strength. Morrison will also caution against trying to return the Budget to surplus too quickly, as this could potentially stall economic growth. Meanwhile, Morrison argues that although Australia’s gross debt now exceeds $A500bn, it would be closer to $A1trn if the Australian Labor Party was still in office.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCH, RESERVE BANK OF AUSTRALIA, INTERNATIONAL MONETARY FUND

Union bid to penalise builders for IR deals

Original article by Ewin Hannan
The Australian – Page: 1 & 2 : 19-Jul-17

The Electrical Trades Union is seeking a trade-off with employers to ensure that their enterprise bargaining agreements comply with the Australian Government’s building code. Amongst other things, the ETU wants workers to receive double-time pay rates for working on a scheduled rostered day off and to receive a day in lieu. Existing EBAs provide for a day in lieu and standard pay rates for working on RDOs. EBAs will have to comply with the building code from September for companies to be eligible for federally-funded construction projects.

CORPORATES
ELECTRICAL TRADES UNION, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIA. DEPT OF EMPLOYMENT, AUSTRALIAN LABOR PARTY, MASTER BUILDERS AUSTRALIA INCORPORATED, JOHN HOLLAND PTY LTD

Jury out on Turnbull security overhaul

Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 19-Jul-17

Professor John Blaxland of the Australian National University is among those to have questioned the merits of the Federal Government’s move to create a national security "super-portfolio". Immigration and Border Protection Minister Peter Dutton will be in charge of the new Department of Home Affairs, which will embrace his existing portfolio as well as agencies such as ASIO, the Australian Federal Police and AUSTRAC. Some members of the Liberal Party’s moderate faction have also expressed reservations about the changes.

CORPORATES
AUSTRALIA. DEPT OF IMMIGRATION AND BORDER PROTECTION, AUSTRALIAN SECURITY INTELLIGENCE ORGANISATION, AUSTRALIAN FEDERAL POLICE, AUSTRALIA. ATTORNEY-GENERAL’S DEPT. AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE, AUSTRALIAN CRIMINAL INTELLIGENCE COMMISSION, AUSTRALIA. OFFICE OF TRANSPORT SECURITY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN NATIONAL UNIVERSITY, AUSTRALIAN LABOR PARTY, AUSTRALIA. OFFICE OF THE INSPECTOR-GENERAL OF INTELLIGENCE AND SECURITY, AUSTRALIA. INDEPENDENT NATIONAL SECURITY LEGISLATION MONITOR, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIA. DEPT OF DEFENCE

MPs rush to confirm true-blue credentials

Original article by Rosie Lewis
The Australian – Page: 1 & 5 : 19-Jul-17

Federal MPs who were born overseas have moved to clarify that they are eligible to hold seats in Parliament after Greens senator Larissa Waters was forced to resign after discovering that she had dual citizenship. Waters was born in Canada but was not aware that she was a Canadian citizen. Greens senator Scott Ludlam also resigned recently after discovering that he still held New Zealand citizenship. The resignation of Waters and Ludlam means the Government needs the support of just nine non-Coalition senators to pass bills, but cross-benchers have cautioned against taking advantage of this.

CORPORATES
AUSTRALIAN GREENS, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN ELECTORAL COMMISSION, HIGH COURT OF AUSTRALIA, COURT OF DISPUTED RETURNS, AUSTRALIAN DEMOCRATS

ANZ-Roy Morgan Australian Consumer Confidence virtually unchanged at 112.5

Original article by Roy Morgan Research
Market Research Update – Page: Online : 19-Jul-17

ANZ-Roy Morgan Australian Consumer Confidence edged down 0.4% to 112.5 in the week ended 16 July 2017, following a 1.3% fall the previous week. The details were mixed. Consumers were quite optimistic about their financial conditions next year, but were less upbeat towards the current financial situation. Households’ views around current financial conditions fell 1.8%, following two straight weekly rises. Views towards future conditions were more upbeat, with the sub-index rising a solid 3.7%. Both sub-indexes remain close to their long-term averages. Consumers’ views towards current economic conditions remained unchanged, but views around future economic conditions fell 1.6%, following a 2.5% decline previously. Both sub-indexes remain under their long-term averages.

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

PM to opt for security super agency

Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 18-Jul-17

Prime Minister Malcolm Turnbull appears set to go ahead with the creation of a new national security "super-portfolio". The proposed new department, which would be headed by Immigration Minister Peter Dutton, would see Dutton assume control of agencies such as the Australian Federal Police and ASIO, along with border protection. The concept does not have total support within the Coalition, with Defence Minister Marise Payne and Foreign Minister Julie Bishop among those to have previously expressed misgivings about the idea.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF IMMIGRATION AND BORDER PROTECTION, AUSTRALIAN FEDERAL POLICE, AUSTRALIAN SECURITY INTELLIGENCE ORGANISATION, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIA. ATTORNEY-GENERAL’S DEPT, AUSTRALIA. DEPT OF DEFENCE, GREAT BRITAIN. HOME OFFICE, AUSTRALIA. DEPT OF FINANCE, AUSTRALIAN LABOR PARTY

Queensland denies power price-gouging

Original article by Mark Ludlow
The Australian Financial Review – Page: 5 : 18-Jul-17

Queensland’s Energy Minister Mark Bailey has rejected claims that CS Energy and Stanwell Corporation are involved in "price gouging". The allegations were raised by Federal Energy Minister Josh Frydenberg, who has asked the Australian Energy Regulator to investigate the two state-owned power companies. Bailey says they follow the same rules as privately-owned generators, and that Frydenberg is just trying to divert attention away from the Federal Government’s internal ructions on energy policy.

CORPORATES
QUEENSLAND. DEPT OF ENERGY AND WATER SUPPLY, CS ENERGY LIMITED, STANWELL CORPORATION LIMITED, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, AUSTRALIAN ENERGY REGULATOR, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, COUNCIL OF AUSTRALIAN GOVERNMENTS, RIO TINTO LIMITED – ASX RIO, SUN METALS CORPORATION PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIAN LABOR PARTY

In July Labour/Greens now just ahead of National but New Zealand First again in the ‘box seat’

Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 17-Jul-17

A New Zealand Roy Morgan Poll on voting intention has found that support for the governing National Party has fallen by 3.5% to 43% in July 2017. Support for the Labour Party has risen 5% to 30.5%, while support for a potential Labour/Greens alliance is up 4.5% at 44%. The Roy Morgan Government Confidence Rating has increased 5pts to 139.5pts. Roy Morgan Research executive chairman Gary Morgan says the New Zealand election in September is now too close to call, and New Zealand First with 8% support (down 1%) are once again in the box seat to determine which parties form Government.

CORPORATES
MORGAN POLLROY MORGAN RESEARCH LIMITEDNATIONAL PARTY OF NEW ZEALANDLABOUR PARTY (NEW ZEALAND)GREEN PARTY OF AOTEAROA NEW ZEALANDCONSERVATIVE PARTY OF NEW ZEALANDTHE MAORI PARTYUNITED FUTURE PARTY (NEW ZEALAND)NEW ZEALAND FIRST PARTYACT NEW ZEALANDINTERNET PARTYMANA PARTY

Migrants a boon for workforce

Original article by David UrenPaige Taylor
The Australian – Page: 1 & 2 : 17-Jul-17

Demographer Peter McDonald says total employment grew by 730,000 between 2011 and 2016, with migrants accounting for 600,000 of the new jobs. McDonald, from the University of Melbourne, says it is incorrect to state that migrants are stealing jobs from people who were born in Australia, nor are they taking jobs from those who are unemployed. Australia’s annual migrant intake is upwards of 200,000 a year, and former prime minister Tony Abbott believes that immigration levels need to be reduced.

CORPORATES
UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCHCORNELL UNIVERSITY

Australians view Terrorism & War as the most important problems facing the World after terrorist incidents and rising global tensions

Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 17-Jul-17

A special Roy Morgan telephone survey has found that in mid-2017, 31% of Australians regard Terrorism & War as the biggest problems facing the World. This has nearly doubled since March, up by 15%, while also up 8% from a year ago. Although Terrorism & War is the dominant World problem in mid-2017, other major themes to emerge on a global level were Environmental issues led by Climate change and Global warming, which was mentioned by 21% of respondents, and Economic issues (mentioned by 18% of respondents). Analysing the question by Age and Gender shows that Women (33%) are more concerned about Terrorism & War than Men (29%), while older age groups are clearly more concerned about these issues than younger Australians. Australians aged 65+ are the most concerned about Terrorism & War – over 48% mentioned the issues as the biggest problem facing the World, far higher than any other age group.

CORPORATES
ROY MORGAN RESEARCH LIMITED