AUSTRALIA – POLITICS AND GOVERNMENT

Red light flashing over fuel security

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Original article by Primrose Riordan
The Australian – Page: 1 & 4 : 7-Jan-19

There is growing concern about Australia’s limited onshore fuel stockpiles, with experts warning that it is less prepared than other developed nations for an international crisis that would affect fuel supplies. Data from the Department of Energy shows that Australia’s petrol stockpile would last 22 days, while the diesel fuel supply would be exhausted in just 17 days. In contrast, the International Energy Agency recommends that nations have a fuel stockpile equivalent to 90 days. The federal government has been criticised for delaying a review of Australia’s fuel stockpiles.

CORPORATES
AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, INTERNATIONAL ENERGY AGENCY, LIBERAL PARTY OF AUSTRALIA, DEAKIN UNIVERSITY, AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED, AUSTRALIA. DEPT OF HOME AFFAIRS, AUSTRALIA. DEPT OF DEFENCE

Senator bills for rally trip, admits he’s doomed

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Original article by Ben Packham, Richard Ferguson
The Australian – Page: 1 & 2 : 7-Jan-19

Independent senator Fraser ­Anning has defended his taxpayer-funded trip to attend an anti-immigration rally in Melbourne. Fraser says the trip was official parliamentary business, as the violent crimes committed by people of African appearance in Melbourne are now being replicated in his home state of Queensland. However, Anning concedes that he has little chance of retaining his seat at the next election. Both sides of politics have condemned the racially-motivated rally at St Kilda beach, while some federal MPs have criticised Anning for attending the event.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, ONE NATION PARTY, AUSTRALIAN LABOR PARTY

Calls for Setka to be kicked out of ALP

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Original article by Tom McIlroy
The Australian Financial Review – Page: 5 : 4-Jan-19

Construction, Forestry, Maritime, Mining & Energy Union official John Setka will appear on court on 9 January after police were called to his home on 26 December. Industrial Relations Minister Kelly O’Dwyer says the police charges mean that Setka should be expelled from the Australian Labor Party and step down from his role at the CFMMEU. Setka in turn has asked the media to respect his family’s privacy following the domestic incident.

CORPORATES
CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIA. DEPT OF JOBS AND SMALL BUSINESS, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, MELBOURNE MAGISTRATES’ COURT

Greens’ Basin bill bad for climate

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Original article by Richard Ferguson
The Australian – Page: 2 : 4-Jan-19

The Mineral Council of Australia has warned that a proposed ban on thermal coal production in Queensland’s Galilee Basin would force Asian countries to buy lower-quality coal from developing countries. The MCA argues that this could in turn result in higher global carbon emissions. In addition, it has questioned the constitutional validity of such a ban. The Australian Greens’ bill to ban thermal coal production in the Galilee Basin is also opposed by the Queensland division of the Construction, Forestry, Maritime, Mining & Energy Union.

CORPORATES
MINERALS COUNCIL OF AUSTRALIA, AUSTRALIAN GREENS, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, QUEENSLAND RESOURCES COUNCIL LIMITED, ADANI MINING PTY LTD

KPMG urges refund plan for black economy fines

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Original article by Tom McIlroy
The Australian Financial Review – Page: 5 : 3-Jan-19

KPMG’s submission to a Treasury review has proposed that individuals who have previously engaged in black economy activity could have part of their fine refunded if they have a proven track record of complying with tax laws. The firm suggested that individuals would be more likely to continue to comply with tax laws under such a system, and they could qualify for a refund after three years with a clean slate. The black economy is estimated to be worth up to $50bn a year.

CORPORATES
KPMG AUSTRALIA PTY LTD, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN TAXATION OFFICE

Labor plan to criminalise wage theft may backfire

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Original article by Anna Patty
The Sydney Morning Herald – Page: 5 : 3-Jan-19

University of Melbourne researchers Melissa Kennedy and John Howe have questioned the constitutional validity of Labor’s proposal for state laws aimed at addressing wage exploitation. They say the proposed laws in New South Wales and Victoria could conflict with federal laws such as the Fair Work Act, raising the possibility of a constitutional challenge. They have also raised concerns that criminalising wage theft could undermine the Fair Work Ombudsman’s ability to recover workers’ entitlements.

CORPORATES
UNIVERSITY OF MELBOURNE, AUSTRALIAN LABOR PARTY, AUSTRALIA. FAIR WORK OMBUDSMAN

Shorten policy a risk to free trade

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Original article by Geoff Connolly
The Australian – Page: 1 & 2 : 3-Jan-19

Labor’s national conference in December supported changes to the party’s policy platform with regard to free-trade agreements, including bans on deals that waive ­labour-market testing requirements or include Investor State Dispute Settlement provisions. However, Trade Minister Simon Birmingham says Labor’s policy would put Australia’s future free-trade deals at risk and undermine the ability of local companies to export their products and services. Meanwhile, data to be released on 3 January will highlight the economic benefits of Australia’s free-trade deals with China and South Korea.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE

Treasury ignored in race to cut taxes

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Original article by Michael Roddan
The Australian – Page: 2 : 2-Jan-19

The Treasury has confirmed that it did not undertake any economic modelling on the federal government’s plan to bring forward tax cuts for companies with turnover of less than $50m a year. However, Treasurer Josh Frydenberg says the tax package had been subject to revenue costing. Legislation to reduce the tax rate for small and medium enterprises to 25 per cent in 2021-22 rather than 2026-27 was passed with the support of Labor in October.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY

Dual citizenship crisis could have been avoided

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Original article by Tom McIlroy
The Australian Financial Review – Page: 5 : 2-Jan-19

Former attorney-general Daryl Williams proposed changes to section 44 of the Constitution in 1997 which would have avoided the need for MPs to resign in recent years due to their dual citizenship status. The National Archives has released cabinet papers which show that the Coalition government was open to holding a referendum on the issue if it had bipartisan support in parliament. The total cost of by-elections and legal bills arising from the dual citizenship crisis is tipped to exceed $24m.

CORPORATES
NATIONAL ARCHIVES OF AUSTRALIA, AUSTRALIAN ELECTORAL COMMISSION, LIBERAL PARTY OF AUSTRALIA, HIGH COURT OF AUSTRALIA, AUSTRALIA. DEPT OF HOME AFFAIRS

GetUp’s $500k donation to change poll climate

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Original article by Brad Norington
The Australian – Page: 1 & 4 : 21-Dec-18

Activist group GetUp has received a $495,000 donation from the Sunrise Project, an Australia-based charity that campaigns for 100 per cent renewable energy. GetUp’s national director Paul Oosting says the donation will be used to finance its activities prior to the 2019 federal election, when it is expected to hand out how-to-vote cards for the Greens and Labor. Western Australian Liberal MP Ben Morton claims that the Sunrise Project is a "clearing house of political donations from others". Sunrise Project executive director John Hepburn denies that it is a clearing house for activist groups.

CORPORATES
GETUP LIMITED, SUNRISE PROJECT, AUSTRALIAN GREENS, AUSTRALIAN LABOR PARTY, GREENPEACE, MINERAL COUNCIL OF AUSTRALIA, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA