Wary reaction to jobs data

Original article by Joanna Heath
The Australian Financial Review – Page: 5 : 12-Sep-14

Data from the Australian Bureau of Statistics (ABS) show that the economy added 121,000 jobs in August 2014. The jobless rate fell from a 12-year high of 6.4 per cent in July to 6.1 per cent. Economists have questioned the accuracy of the data, and Adam Boyton of Deutsche Bank says the Reserve Bank is likely to adopt a similar approach. The ABS changed the way it compiles employment data in July

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS,{SPAC}DEUTSCHE BANK AG,{SPAC}CITIGROUP PTY LTD,{SPAC}RESERVE BANK OF AUSTRALIA,{SPAC}AUSTRALIA. DEPT OF EMPLOYMENT

Abbott to pick winners not losers

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 6 : 12-Sep-14

The Australian Government has revealed details of its National Industry Investment and Competitiveness Agenda, which will give priority to industries and sectors in which the nation is a leader. These include the energy, mining, agriculture and services industries. As part of its new industry policy, the Government will seek to encourage more co-operation between the business, education and research sectors, while training of apprentices will be focused on providing skills that are needed in the workforce

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY,{SPAC}BUSINESS COUNCIL OF AUSTRALIA,{SPAC}IBM CORPORATION

‘Death knell’ for community TV as Turnbull flicks the internet switch

Original article by Mitchell Bingemann
The Australian – Page: 7 : 11-Sep-14

The Australian Government will reallocate the spectrum that is used by community TV stations. Communications Minister Malcolm Turnbull says community stations will need to become internet-only broadcasters from the start of 2016. He says this will provide them with access to a much larger audience, noting that only about 2,000 people watch community TV stations during prime-time

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS, AUSTRALIAN COMMUNITY TELEVISION ALLIANCE, CHANNEL 31, TELEVISION SYDNEY (TVS) LIMITED

‘Death knell’ for community TV as Turnbull flicks the internet switch

Original article by Mitchell Bingemann
The Australian – Page: 7 : 11-Sep-14

The Australian Government will reallocate the spectrum that is used by community TV stations. Communications Minister Malcolm Turnbull says community stations will need to become internet-only broadcasters from the start of 2016. He says this will provide them with access to a much larger audience, noting that only about 2,000 people watch community TV stations during prime-time

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS, AUSTRALIAN COMMUNITY TELEVISION ALLIANCE, CHANNEL 31, TELEVISION SYDNEY (TVS) LIMITED

Immigration to crack down on investor rort

Original article by Fleur Anderson
The Australian Financial Review – Page: 9 : 11-Sep-14

The Australian Government will make changes to the residency visa program for wealthy overseas investors. Immigration Minister Scott Morrison says the Government is concerned that some foreigners have abused the significant investor visa scheme, which gives them access to Australian residency on the condition that they invest a minimum of $A5 million in Australia for four years. Morrison said some investors have shifted their money out of Australia once they received a visa

CORPORATES
AUSTRALIA. DEPT OF IMMIGRATION AND BORDER PROTECTION, MACQUARIE GROUP LIMITED – ASX MQG, CREDIT SUISSE (AUSTRALIA) LIMITED, NATIONAL PRESS CLUB (AUSTRALIA), BANK OF CHINA GROUP

Road contract invalid if councils win court case

Original article by Henrietta Cook
The Age – Page: 5 : 11-Sep-14

The Moreland and Yarra councils have launched legal action against Victorian Planning Minister Matthew Guy. The councils want the Supreme Court to review his approval of the East West Link. The Australian Labor Party claims that if the court rules that the approval is invalid, any contract signed by the State Government will be deemed to be "unenforceable"

CORPORATES
MORELAND CITY COUNCIL, YARRA CITY COUNCIL, VICTORIA. DEPT OF TRANSPORT, PLANNING AND LOCAL INFRASTRUCTURE, SUPREME COURT OF VICTORIA, FEDERAL COURT OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Steely Gillard stares down corruption questions

Original article by Marianna Papadakis, Hannah Low
The Australian Financial Review – Page: 1 & 8 : 11-Sep-14

Former prime minister Julia Gillard has appeared before the Royal Commission into Trade Union Governance & Corruption. She told the commission on 10 September 2014 that she did not receive any financial benefit from a union slush fund which she helped to set up in 1992. Funds from the Australian Workers’ Union Workplace Reform Association were subsequently misused by Gillard’s then boyfriend, Bruce Wilson. Gillard told the commission that, in hindsight, she would have acted differently

CORPORATES
AUSTRALIA. ROYAL COMMISSION INTO TRADE UNION GOVERNANCE AND CORRUPTION, AUSTRALIAN WORKERS’ UNION – WORKPLACE REFORM ASSOCIATION INCORPORATED, HEALTH SERVICES UNION OF AUSTRALIA

Steely Gillard stares down corruption questions

Original article by Marianna Papadakis, Hannah Low
The Australian Financial Review – Page: 1 & 8 : 11-Sep-14

Former prime minister Julia Gillard has appeared before the Royal Commission into Trade Union Governance & Corruption. She told the commission on 10 September 2014 that she did not receive any financial benefit from a union slush fund which she helped to set up in 1992. Funds from the Australian Workers’ Union Workplace Reform Association were subsequently misused by Gillard’s then boyfriend, Bruce Wilson. Gillard told the commission that, in hindsight, she would have acted differently

CORPORATES
AUSTRALIA. ROYAL COMMISSION INTO TRADE UNION GOVERNANCE AND CORRUPTION, AUSTRALIAN WORKERS’ UNION – WORKPLACE REFORM ASSOCIATION INCORPORATED, HEALTH SERVICES UNION OF AUSTRALIA

Immigration to crack down on investor rort

Original article by Fleur Anderson
The Australian Financial Review – Page: 9 : 11-Sep-14

The Australian Government will make changes to the residency visa program for wealthy overseas investors. Immigration Minister Scott Morrison says the Government is concerned that some foreigners have abused the significant investor visa scheme, which gives them access to Australian residency on the condition that they invest a minimum of $A5 million in Australia for four years. Morrison said some investors have shifted their money out of Australia once they received a visa

CORPORATES
AUSTRALIA. DEPT OF IMMIGRATION AND BORDER PROTECTION, MACQUARIE GROUP LIMITED – ASX MQG, CREDIT SUISSE (AUSTRALIA) LIMITED, NATIONAL PRESS CLUB (AUSTRALIA), BANK OF CHINA GROUP

Kids to start big school with new report card

Original article by Eryk Bagshow
The Sydney Morning Herald – Page: 6 : 11-Sep-14

The New South Wales Government has introduced a new report card for children going from preschool to kindergarten. The "transition to school statement" will contain information gathered from teachers, parents and children themselves. Many parents and teachers are more concerned about funding for early childhood education

CORPORATES
NEW SOUTH WALES. DEPT OF EDUCATION AND COMMUNITIES, AUSTRALIA. DEPT OF EDUCATION