O75 Public Administration

Abbott to bomb Syria, take in more refugees

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 9-Sep-15

The Australian Government has committed to increasing the nation’s intake of refugees from Syria’s civil war. This is expected to be in addition to the 13,750 refugees that the Coalition has previously agreed to accept each year. The Government has indicated that persecuted religious minorities such as Christians and Yazidis will receive priority, although some politicians have argued that religion should not be a factor. Meanwhile, Australian fighter jets stationed in the Middle East will soon commence airstrikes in Syria.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. NATIONAL SECURITY COMMITTEE, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIA. DEPT OF IMMIGRATION AND BORDER PROTECTION, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, AUSTRALIAN GREENS, UNITED NATIONS. HIGH COMMISSIONER FOR REFUGEES

Visa amnesty needed for all victims

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Original article by Stephen Clibborn
The Age – Page: 44 : 9-Sep-15

The Australian Government is said to be considering providing an amnesty to foreign students who have been allegedly cheated out of wages by 7-Eleven. While the Government should grant an amnesty to international students, it also needs to take action on the exploitation of all foreign workers by dodgy employers. Data from the Fair Work Ombudsman shows that migrant workers on temporary visas are also being underpaid by employers in many sectors of the economy. Any amnesty should apply to all of these employees.

CORPORATES
7-ELEVEN STORES PTY LTD, AUSTRALIA. FAIR WORK OMBUDSMAN, UNIVERSITY OF SYDNEY

Super fund CEO ‘knew’ about leak

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Original article by Ewin Hannan
The Australian Financial Review – Page: 1 & 6 : 8-Sep-15

Cbus CEO David Atkin has been accused of being likely involved in the leaking of confidential information to the construction industry union. Jeremy Stoljar, counsel assisting the Royal Commission into Trade Union Governance & Corruption, also stated in a submission to royal commissioner Dyson Heydon that the relationship of Cbus with the Construction, Forestry, Mining & Energy Union was problematic and characterised by "serious cultural problems."

CORPORATES
CONSTRUCTION AND BUILDING UNIONS’ SUPERANNUATION FUND, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIA. ROYAL COMMISSION INTO TRADE UNION GOVERNANCE AND CORRUPTION, LIS-CON HOLDINGS PTY LTD

Concerns rise about restrictions in crowdfunded shares proposal

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Original article by Rose Powell
The Australian Financial Review – Page: 22 : 8-Sep-15

The Australian Government’s proposed crowdsourced equity investment legislation contains a cap on the number of investors in start-ups that are allowed to raise crowdsourced equity. Another cap limits the amount of capital to be raised to $A2 million The Australian Chamber of Commerce & Industry writes in a submission to a Treasury inquiry that both caps should be removed.

CORPORATES
AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, BLUE CHILLI TECHNOLOGY PTY LTD, AUSTRALIA. DEPT OF THE TREASURY, ARTESIAN VENTURE PARTNERS PTY LTD, VENTURECROWD PTY LTD

Betting review’s focus live wagers, tax

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Original article by Perry Williams
The Australian Financial Review – Page: 15 : 8-Sep-15

Former New South Wales premier Barry O’Farrell will undertake a review of the Interactive Gambling Act on behalf of the Australian Government. The review will examine factors such as technology issues associated with online gambling, including the growing popularity of in-play betting, as well as the extent of illegal overseas gambling. The review’s final recommendations are slated to be delivered to the Government in mid-December 2015.

CORPORATES
AUSTRALIA. DEPT OF SOCIAL SERVICES, AUSTRALIA. DEPT OF COMMUNICATIONS, AUSTRALIAN INSTITUTE OF FAMILY STUDIES, WILLIAM HILL LIMITED, BET365 GROUP LIMITED, LADBROKES GROUP PLC, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY, AUSTRALIAN FEDERAL POLICE

L-NP (45%) well behind ALP (55%) on two-party preferred basis as Government Confidence down 5.5pts to 90, Greens at record high – 16.5%

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 7-Sep-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 has fallen by 0.5 per cent to 45 per cent. The poll, which was carried out on the weekends of 29-30 August and 5-6 September 2015, also shows that the Coalition’s primary vote has fallen by two per cent to 36.5 per cent, while the Roy Morgan Government Confidence Rating has fallen by 5.5 points to 90 points. Roy Morgan Research executive chairman Gary Morgan says the nation’s high level of unemployment and under-employment is the biggest challenge facing the Federal Government as it deals with the end of the mining boom and the imminent closure of the Australian car manufacturing industry over the next two years.

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

China free trade agreement ‘will not be renegotiated’

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Original article by Joanna Mather
The Australian Financial Review – Page: 4 : 7-Sep-15

Federal Treasurer Joe Hockey has told China’s Finance Minister Lou Jiwei that Australia will not seek to make changes to the free trade agreement between the two nations. Meanwhile, Trade Minister Andrew Robb has rejected a call by Opposition Leader Bill Shorten to require jobs on infrastructure projects to be advertised in Australia before Chinese workers are hired on 457 visas. He has also criticised a Construction, Forestry, Mining & Energy Union campaign against the trade deal.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE CHINA. MINISTRY OF FINANCE AUSTRALIAN LABOR PARTY CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA ACTU MASTER BUILDERS AUSTRALIA INCORPORATED

Aussie fall below US60c may shore up economy

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Original article by Rose Powell
The Australian Financial Review – Page: 22 : 4-Sep-15

A decline in the Australian dollar is not necessarily a negative development. Deutsche Bank chief economist Adam Boyton says a weaker dollar can assist the economy in adjusting itself to a post-mining environment and help prevent it from falling into recession. Boyton predicts that the Australian currency could fall to as low as $US0.50 by the end of 2016.

CORPORATES
DEUTSCHE BANK AG, KAIZEN CAPITAL PTY LTD, HSBC AUSTRALIA HOLDINGS PTY LTD, RESERVE BANK OF AUSTRALIA, SUNCORP GROUP LIMITED – ASX SUN, WESTPAC (NZ) INVESTMENTS LIMITED, WESTPAC BANKING CORPORATION – ASX WBC, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

Australian August real unemployment 9.2% – up for first time in 6 months

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 4-Sep-15

Australian employment has increased to a new record in August to 11,578,000 (up a large 437,000 since August 2014). The strong rise in employment has been led by a large increase in full-time employment over the past year to 7,747,000 (up 300,000) and a strong increase in part-time employment to 3,831,000 (up 137,000),according to today’s Roy Morgan August employment estimates. However, despite the strong rise in Australian employment over the past year an increasing workforce means unemployment has also increased – now at 9.2 per cent (up 0.5 per cent in the last month and from a year ago).

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, 7-ELEVEN STORES PTY LTD, UNITED PETROLEUM PTY LTD, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. PRODUCTIVITY COMMISSION, ALIBABA.COM CORPORATION, NEW YORK STOCK EXCHANGE, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET

Gary Morgan – Solving the ‘cash economy’ is ‘too hard’ for Joe Hockey and Bill Shorten to tackle. Amnesty is the only solution to allow the economy to start afresh

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 4-Sep-15

The 7-Eleven Stores and now United Petroleum scandals confirm what we at Roy Morgan have been saying for years about the "cash economy". A few years ago I asked Opposition Leader Bill Shorten if he would tackle the "cash economy", Shorten’s answer – "too hard"! (Shorten was Employment and Workplace Relations Minister during the Rudd-Gillard-Rudd Governments). Recently I asked Treasurer Joe Hockey the same question at the Australian Chamber of Commerce and Industry (ACCI) Business Leaders’ Summit. Hockey avoided the question and spoke to his talking points. Obviously the only viable solution to deal with cash "rorts" is to declare an amnesty and allow the economy to start afresh – taxes can be cut without putting up the GST. Unfortunately the issues created by Australia’s large "cash economy" are ignored by politicians and the Fair Work Judiciary – many of whom have reached their current positions following careers and close associations with the unions and the ALP.

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, 7-ELEVEN STORES PTY LTD, UNITED PETROLEUM PTY LTD, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. PRODUCTIVITY COMMISSION, ALIBABA.COM CORPORATION, NEW YORK STOCK EXCHANGE, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET