AUSTRALIA – POLITICS AND GOVERNMENT

Softly, softly IR push

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Original article by Ewin Hannan
The Australian Financial Review – Page: 1 & 8 : 5-Aug-15

Tourism Accommodation Australia chairman Martin Ferguson has urged the Federal Government to look at implementing the Productivity Commission’s proposed changes to penalty rates. The draft report recommends reducing Sunday penalty rates for workers in sectors such as hospitality and retailing to the level that applies for people who work on Saturdays. It also recommends allowing small and medium enterprises to offer new employees a statutory enterprise contract that does not have to be approved by the Fair Work Commission.

CORPORATES
TOURISM ACCOMMODATION AUSTRALIA, AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF EMPLOYMENT, ACTU, AUSTRALIAN LABOR PARTY

Softly, softly IR push

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Original article by Ewin Hannan
The Australian Financial Review – Page: 1 & 8 : 5-Aug-15

Tourism Accommodation Australia chairman Martin Ferguson has urged the Federal Government to look at implementing the Productivity Commission’s proposed changes to penalty rates. The draft report recommends reducing Sunday penalty rates for workers in sectors such as hospitality and retailing to the level that applies for people who work on Saturdays. It also recommends allowing small and medium enterprises to offer new employees a statutory enterprise contract that does not have to be approved by the Fair Work Commission.

CORPORATES
TOURISM ACCOMMODATION AUSTRALIA, AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF EMPLOYMENT, ACTU, AUSTRALIAN LABOR PARTY

Billson slams BCA ‘utter nonsense’

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 5-Aug-15

The Australian Government’s cabinet ministers have endorsed a proposal to add a so-called "effects test" to the Competition and Consumer Act. The reform was one of 56 recommendations made by the Harper review of competition laws, and is supported by the Australian Chamber of Commerce & Industry. However, the Business Council of Australia maintains that an effects test would adversely affect competition and make companies more vulnerable to litigation.

CORPORATES
AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, BUSINESS COUNCIL OF AUSTRALIA, THE AVALON, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIA. DEPT OF INDUSTRY AND SCIENCE, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY

‘We won’t have a captain’s pick’

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Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 4-Aug-15

Tony Smith and Andrew Southcott are regarded as the leading contenders to succeed Bronwyn Bishop as the Speaker in the House of Representatives. A ballot will be held by Liberal Party MPs to choose her successor when Parliament resumes in mid-August 2015. Liberal MPs have insisted that Bishop’s replacement be chosen by the party room rather than Prime Minister Tony Abbott. Meanwhile, Abbott has announced a review of the parliamentary entitlements system in the wake of the expense scandal.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. REMUNERATION TRIBUNAL, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY

PM defiant, Speaker quits

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Original article by Phillip Coorey, Primrose Riordan
The Australian Financial Review – Page: 1 & 4 : 3-Aug-15

Federal Opposition Leader Bill Shorten wants the Speaker of the lower house to be independent in future, in the wake of Bronwyn Bishop’s resignation over an expenses scandal. He also says Prime Minister Tony Abbott should reveal whether Bishop had been offered any incentives to step down. Meanwhile, Abbott has revealed plans for a sweeping review of parliamentary entitlements, while there is speculation that Bishop’s resignation may prompt a ministerial reshuffle in order to appoint a new Speaker.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF FINANCE, AUSTRALIAN FEDERAL POLICE

Australians give their views on Tony Abbott & Bill Shorten

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 30-Jul-15

A recent Morgan Poll showed that Prime Minister Tony Abbott has a rating of 42 per cent as the "Better PM", compared with a 41 per cent rating for Opposition Leader Bill Shorten. Special qualitative and quantitative research conducted by Roy Morgan Research has examined Australians’ views on why they prefer Abbott or Shorten as PM, as well as the reasons why they either approve or disapprove of each leaders’ performance.

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY

L-NP support slumps amid Bronwyn Bishop travel expense ‘misconduct’ and as the ALP commits to renewable energy & ‘turn back the boats’ policy

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 27-Jul-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 three per cent to 46 per cent. The poll, which was carried out on the weekends of 18-19 and 25-26 July 2015, also shows that the Coalition’s primary vote has fallen by 2.5 per cent to 39 per cent, while the Roy Morgan Government Confidence Rating has risen by 0.5 points to 91 points. Roy Morgan Research executive chairman Gary Morgan says the Coalition Government has no alternative but to show the electorate how it will grow the economy and provide more jobs, and the answer is not a higher GST or an increase in the Medicare levy.

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. ROYAL COMMISSION INTO TRADE UNION GOVERNANCE AND CORRUPTION, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, VICTORIA. DEPT OF PREMIER AND CABINET

Shorten loss on gay marriage

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 6 : 27-Jul-15

The Australian Labor Party’s National Conference has endorsed the policy of Opposition Leader Bill Shorten to turn back asylum-seeker boats. Meanwhile, conference delegates have voted in favour of giving Labor MPs a conscience vote on the issue of same-sex marriage, although this will be limited to the current and next term of parliament. Shorten has committed to legalising same-sex marriage within 100 days if Labor wins the next federal election. Labor’s policy on a renewable energy target and an emissions trading scheme were also endorsed.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NATIONAL UNION OF WORKERS, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN GREENS, AUSTRALIA. DEPT OF IMMIGRATION AND BORDER PROTECTION

New front in war over super governance

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Original article by Jennifer Hewett
The Australian Financial Review – Page: 1 & 2 : 27-Jul-15

The Federal Government’s proposed superannuation reforms have been criticised by Industry Super Australia in its submission to Assistant Treasurer Josh Frydenberg. The reforms will require one-third of super fund directors, and the chairman, to be independent, while employers and unions will no longer need to have representatives on the board. ISA argues that under the current governance model industry funds’ returns have generally been higher than those of retail funds.

CORPORATES
INDUSTRY SUPER AUSTRALIA PTY LTD, AUSTRALIA. DEPT OF THE TREASURY, HOST-PLUS, NATIONAL SENIORS AUSTRALIA LIMITED, MASTER BUILDERS AUSTRALIA INCORPORATED

Surprise wins in TPP deal: Robb

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Original article by John Garnaut
The Australian Financial Review – Page: 1 & 4 : 27-Jul-15

Australia’s Trade Minister Andrew Robb is confident that a deal on the proposed Trans Pacific Partnership (TPP) will be finalised in the last week of July 2015, after five years of negotiations. Robb says the nation’s agricultural sector is set to benefit from the TPP, but he adds that the biggest beneficiaries could include service industries such as the legal and education sectors. Robb also expects the mining equipment and services sector to benefit from the deal.

CORPORATES
AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, TRANS-PACIFIC PARTNERSHIP, WORLD TRADE ORGANIZATION, GENERAL AGREEMENT ON TARIFFS AND TRADE, NORTH AMERICAN FREE TRADE AGREEMENT, AUSTMINE LIMITED, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, GEKKO SYSTEMS PTY LTD, ORICA LIMITED – ASX ORI, MONADELPHOUS GROUP LIMITED – ASX MND, AUSDRILL LIMITED – ASX ASL, AUSENCO LIMITED – ASX AAX, WORLEYPARSONS LIMITED – ASX WOR, SINCLAIR KNIGHT MERZ PTY LTD