AUSTRALIA – POLITICS AND GOVERNMENT

‘We’re not doing it’: PM quickly nixes call to raise GST

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Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 29-Oct-19

Prime Minister Scott Morrison has ruled out any changes to the goods and services tax regime without seeking a mandate from voters. Morrison has indicated that the federal government looked at broadening the GST when he was Treasurer, but such a move was deemed to have little economic benefit. Liberal senator Dean Smith recently broke ranks with his Coalition colleagues by advocating an increase in the rate and scope of the GST, arguing that the additional revenue would allow the states to abolish payroll taxes.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF FINANCE, AUSTRALIAN LABOR PARTY, NEW SOUTH WALES. THE TREASURY

Unions push for jail terms for wage theft

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Original article by David Marin-Guzman
The Australian Financial Review – Page: 4 : 29-Oct-19

The ACTU has urged the federal government to introduce harsher penalties for employers who underpay their staff. Its submission to the government’s compliance discussion paper advocates a maximum jail term of five years or a fine of up to $2m for individuals and $10m for a company. The Australian Chamber of Commerce & Industry has in turn expressed concern about imposing criminal penalties for breaches of workplace laws. It has argued that such penalties should also apply to the Construction, Forestry, Maritime, Mining & Energy Union.

CORPORATES
ACTU, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA

Explosive, gobsmacking statements by Tax Commissioner raise serious concerns about democracy, the rule of law and cover-up

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Original article by Ken Phillips
Self-Employed Australia – Page: Online : 28-Oct-19

Tax Commissioner Chris Jordan used an appearance before the Senate Economics Legislation Committee on 23 October to refute claims that the Australian Taxation Office can recover unpaid tax debts by taking money directly out of people’s bank accounts. The allegation was aired in advertisements funded by the ‘Right to Know’ campaign. Jordan says the ATO only takes action such as garnishee orders as a last resort, but there is documented evidence that the ATO emptied at least one person’s bank account and did not inform them of this until 10 days later. The ATO must be reigned in, but this is unlikely to happen until the federal government considers that the ATO is doing damage to it politically.

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AUSTRALIAN TAXATION OFFICE, AUSTRALIA. SENATE ECONOMICS LEGISLATION COMMITEE

Setka not going anywhere, says union

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Original article by Ewin Hannan
The Australian – Page: 4 : 25-Oct-19

The CFMMEU’s national conference in Adelaide has passed a motion calling on Labor to oppose exploitative free-trade agreements. Dave Noonan, the head of the union’s construction division, has criticised Labor leader Anthony Albanese for agreeing to support ‘sell-out’ free trade deals. He also said the CFMMEU’s Victorian secretary John Setka had the full support of delegates at the national conference and he will not resign. Noonan added that Setka’s resignation from Labor will have no impact, arguing that many of the CFMMEU’s leaders have not been party members.

CORPORATES
CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF EMPLOYMENT, SKILLS, SMALL AND FAMILY BUSINESS, AUSTRALIA. ATTORNEY-GENERAL’S DEPT

Union bill set to pass, with or without Setka

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Original article by Phillip Coorey, Joanna Mather
The Australian Financial Review – Page: 4 : 25-Oct-19

The federal government is believed to have secured Centre Alliance’s support for the Ensuring Integrity Bill after agreeing to some changes to the draft legislation. Independent senator Jacqui Lambie maintains that she will back the legislation unless John Setka resigns as the Victorian secretary of the Construction, Forestry, Maritime, Mining & Energy Union. Industrial Relations Minister Christian Porter has in turn urged Labor to sever its ties with the militant union, arguing that the problem is "much bigger" than Setka.

CORPORATES
CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIA. DEPT OF EMPLOYMENT, SKILLS, SMALL AND FAMILY BUSINESS, CENTRE ALLIANCE, ONE NATION PARTY

Attorney-General hits out at press campaign

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Original article by Joe Kelly
The Australian – Page: 2 : 25-Oct-19

Attorney-General Christian Porter has rejected suggestions that journalists should receive a blanket exemption from national security and criminal laws. Responding to the Right to Know campaign, Porter argued that allowing the media industry to contest the issuance of a warrant against a journalist could potentially stop the police from preventing a serious crime. He conceded that there is scope for changes in some areas, such as Freedom of Information laws.

CORPORATES
AUSTRALIA. ATTORNEY-GENERAL’S DEPT, WIKILEAKS

Paris on radar in green surge

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Original article by Graham Lloyd
The Australian – Page: 1 & 7 : 24-Oct-19

Research by the Australian National University has spent 11 times the global average on renewable energy in recent years. The researcher conclude that the nation will be able to meet its Paris emissions reduction targets without needing to use Kyoto carryover credits if this level of investment is sustained. The ANU researchers also forecast that Australia’s carbon emissions will fall by 3-4 per cent between 2020 and 2022 as a result of the investment in renewables.

CORPORATES
AUSTRALIAN NATIONAL UNIVERSITY, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY

Let whistleblowers speak to avoid a corrupt society

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Original article by Joyce Moullakis
The Australian – Page: 2 : 24-Oct-19

Commonwealth Bank of Australia whistleblower Jeff Morris has criticised the federal government’s handling of the issue of protection for whistleblowers and journalists. He has questioned the government’s "ethics and intent" with regard to whistleblowers, warning that its attempts to shut down dissent on the issue will allow corruption and wrongdoing to thrive. Morris exposed the misconduct within CBA’s financial planning division which resulted in customers receiving compensation.

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Parties urge shorter pre-polling time

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Original article by Geoff Chambers
The Australian – Page: 6 : 24-Oct-19

The issue of early voting in federal elections came under scrutiny by the joint standing committee on electoral matters on 23 October. Andrew Hirst, the Liberal Party’s federal director, told the committee’s inquiry into the 18 May election that the pre-polling period should be reduced from three weeks to two, while the number of pre-polling centres should be reduced to 2013 levels. He argued that pre-polling means that many people have voted before political parties have released their key election policies.

CORPORATES
AUSTRALIA. JOINT STANDING COMMITTEE ON ELECTORAL MATTERS, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN ELECTORAL COMMISSION, GETUP LIMITED

Monetary policy beats fiscal stimulus

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Original article by Matthew Cranston
The Australian Financial Review – Page: 4 : 24-Oct-19

Treasury secretary Steven Kennedy is upbeat about the outlook for the Australian economy. He has told the Senate estimates committee that the economy is growing ‘modestly’ and it should continue to strengthen. Kennedy also contended that monetary policy is still a better option for boosting economic growth than fiscal stimulus. He also stressed the need for structural reform and an increase in labour productivity.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. SENATE STANDING COMMITTEE ON ECONOMICS, RESERVE BANK OF AUSTRALIA