Bowen warns on effects test

Original article by Primrose Riordan
The Australian Financial Review – Page: 11 : 22-Oct-15

The Australian Retailers Association, Master Grocers Australia and the Australian Chamber of Commerce & Industry are among the groups that support adding a so-called "effects" test to the Competition Act. However, shadow treasurer Chris Bowen has told an audience of grocers that small businesses would face a huge legal bill if they pursue action under the effects test and fail. Master Grocers Australia CEO Jos de Bruin has dismissed Bowen’s comments as a "scare campaign".

CORPORATES
AUSTRALIAN RETAILERS ASSOCIATION, MASTER GROCERS’ AUSTRALIA PTY LTD, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIAN LABOR PARTY, AUSTRALIAN HOTELS ASSOCIATION, NATIONAL FARMERS’ FEDERATION LIMITED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Murray reforms to end super’s ‘closed shop’

Original article by Joanna Mather, James Eyers, Sally Rose
The Australian Financial Review – Page: 1 & 4 : 21-Oct-15

The Australian Government will fully or partially adopt 42 of the financial system inquiry’s recommendations. These include opening the default superannuation fund regime – which is currently dominated by industry funds – to greater competition, including banks and other owners of retail super funds. However, the Government will not implement a recommendation to ban self-managed super funds from borrowing to invest in property.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. PRODUCTIVITY COMMISSION, COUNCIL OF FINANCIAL REGULATORS, AUSTRALIAN LABOR PARTY, INDUSTRY SUPER AUSTRALIA PTY LTD, FINANCIAL SERVICES COUNCIL, AMP LIMITED – ASX AMP

A majority of Australians support higher immigration and an Australian population over 30 million

Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 20-Oct-15

A special telephone Morgan Poll, which was carried out from 13-15 October 2015, has found that 57 per cent of Australians aged 14+ support a population of over 30 million in 30 years’ time. This is 22 per cent higher than in July 2010. The survey also shows that 69 per cent of Australians support immigration levels remaining the same or increasing, while just 26 per cent want immigration levels reduced. Meanwhile, 65 per cent of Australians support Muslim immigration, compared with 54 per cent in July 2010, while 28 per cent of Australians oppose Muslim immigration.

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS

Poorer families may earn double before tax in GST plan

Original article by Joanna Mather
The Australian Financial Review – Page: 5 : 20-Oct-15

CPA Australia supports the idea of raising the tax-free threshold to match the minimum wage at $A33,327 a year, to compensate low-income earners for increasing the goods and services tax. CPA CEO Alex Malley said such a move would make work more attractive than welfare payments. Australian National University research fellow Rob Bray has doubts about the effectiveness of the higher tax-free threshold.

CORPORATES
CPA AUSTRALIA, ACTU, LIBERAL PARTY OF AUSTRALIA, KPMG AUSTRALIA PTY LTD, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN NATIONAL UNIVERSITY

Overwhelming majority of Australians support the right to strike

Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 19-Oct-15

A special Roy Morgan telephone survey has found that 83 per cent of Australians aged 14+ believe that it should be legal for workers in private industry to go on strike. The survey, which was carried out from 13-15 October 2015, also shows that 80 per cent of Australians support the legal right of workers in public utilities such as trains, trams, and buses to strike. Meanwhile, 81 per cent support the right of professionals such as teachers and nurses working for the Government to strike, and 74 per cent support the rights of emergency services workers such as police, ambulance drivers and firefighters to strike. Roy Morgan Research executive chairman Gary Morgan says that analysis by demographics reveals that clear majorities of supporters of all major political parties, respondents of all age groups, residents from every State, and both men and women all believe that workers have a legal right to strike.

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED

Federal Voting Intention unchanged – L-NP (56%) leads ALP (44%) – equal biggest lead for L-NP since June 2013

Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 19-Oct-15

A multi-mode Morgan Poll on Federal voting intention has found that support for Australia’s ruling Liberal-National Coalition on a two-party preferred basis is unchanged at 56 per cent. The poll, which was carried out on the weekends of 10-11 and 17-18 October 2015, also shows that the Coalition’s primary vote has fallen by 0.5 per cent to 46.5 per cent, while the Roy Morgan Government Confidence Rating has risen by three points to 112 points. Roy Morgan Research executive chairman Gary Morgan says that if a federal election were held today Prime Minister Malcolm Turnbull would win with a "Fraser 1975" landslide.

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, KATTER’S AUSTRALIAN PARTY, PALMER UNITED PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NEWSPOLL, NEWS CORP AUSTRALIA PTY LTD, AUSTRALIAN BROADCASTING CORPORATION

Ziggy casts doubt on NBN timetable

Original article by James Chessell, David Ramli
The Australian Financial Review – Page: 1 & 8 : 19-Oct-15

NBN Co expects the national broadband network to be rolled out to an extra 7.5 million premises in the next three years. However, chairman Ziggy Switkowski says that achieving the target of making the network accessible to more than 11 million homes by 2020 would be an "heroic outcome" given the current state of the rollout. The Australian Government is confident that the rollout will be completed by 2020.

CORPORATES
NBN CO LIMITED, AUSTRALIA. DEPT OF COMMUNICATIONS, AUSTRALIAN LABOR PARTY, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD

Malcolm Turnbull in fresh push to curb union power

Original article by David Crowe
The Australian – Page: 1 & 6 : 19-Oct-15

The Australian Government will press ahead with legislation to reinstate the Australian Building & Construction Commission (ABCC). The bill was narrowly defeated in the Senate in August 2015, while a bill to impose criminal sanctions on officials of registered organisations such as unions was also rejected by the Senate. Employment Minister Michaelia Cash says the proposed merger between the Construction, Forestry, Mining & Energy Union and the Maritime Union of Australia highlights the need to reinstate the ABCC.

CORPORATES
AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, AUSTRALIA. DEPT OF EMPLOYMENT, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, MARITIME UNION OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, LIBERAL DEMOCRATIC PARTY, FAIRFAX MEDIA LIMITED – ASX FXJ, IPSOS AUSTRALIA PTY LTD, NEWSPOLL

Land tax joins GST on agenda

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 6 : 19-Oct-15

Australia’s federal and state governments will consider making changes to a range of state-based taxes as part of any tax reform process. Much of the debate on tax reform has centred on increasing the GST to 15 per cent, but other options that will be examined include changes to the land tax, payroll tax and stamp duty regimes. Economic modelling will be undertaken to examine how such reforms would affect government revenue.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, LIBERAL PARTY OF AUSTRALIA

Popular Premiers Mike Baird & Daniel Andrews have large leads in NSW & Victoria while other States are close

Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 16-Oct-15

An SMS Morgan Poll on State voting intention has found that support for the ruling New South Wales Coalition has risen by 3.5 per cent to 60.5 per cent on a two-party preferred basis since August 2015. The poll, which was carried out from 9-15 October, also shows that Premier Mike Baird’s rating as "Better Premier" has risen by 2.5 per cent to 74.5 per cent. In Victoria, support for the Australian Labor Party Government has fallen by 1.5 per cent to 55.5 per cent on a two-party preferred basis, while Daniel Andrews’ rating as "Better Premier" has risen by 2.5 per cent to 63.5 per cent.

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, LIBERAL PARTY OF NEW SOUTH WALES, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, LIBERAL-NATIONAL PARTY OF QUEENSLAND, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, LIBERAL PARTY OF VICTORIA, VICTORIA. DEPT OF PREMIER AND CABINET, LIBERAL PARTY OF WESTERN AUSTRALIA, WESTERN AUSTRALIA. DEPT OF THE PREMIER AND CABINET, LIBERAL PARTY OF SOUTH AUSTRALIA, SOUTH AUSTRALIA. DEPT OF THE PREMIER AND CABINET, LIBERAL PARTY OF TASMANIA, TASMANIA. DEPT OF PREMIER AND CABINET, AUSTRALIAN GREENS, PALMER UNITED PARTY, CHRISTIAN DEMOCRATIC PARTY, COUNTRY ALLIANCE, KATTER’S AUSTRALIAN PARTY, FAMILY FIRST PARTY AUSTRALIA LIMITED