BILL DRAFTING – AUSTRALIA

Hanson set to scupper ownership laws

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Original article by Darren Davidson
The Australian – Page: 26 : 30-Jan-17

There is speculation that One Nation will vote against the Federal Government’s cross-media ownership reforms when Parliament resumes in February. One Nation founder Pauline Hanson has declined to comment on her party’s intentions, although the Government is likely to need its support to pass the bill in the Senate. Meanwhile, Senator Nick Xenophon will push for amendments to the bill, as well as the introduction of a "super tax" on digital players Google and Facebook.

CORPORATES
ONE NATION PARTY, NICK XENOPHON TEAM, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, FAIRFAX MEDIA LIMITED – ASX FXJ, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Fifield turns to crossbench support to force media reform over the line

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Original article by Max Mason
The Australian Financial Review – Page: 18 : 12-Jan-17

The Australian Government’s cross-media ownership bill was passed by the lower house in November 2016. However, the support of cross-benchers may be crucial to the Government’s chances of the bill being passed by the Senate. The Australian Labor Party opposes abolition of the "two out of three rule", but the majority of cross-benchers are said to be generally supportive of the bill in its present form. Cross-benchers may seek some compromises in negotiations with the Government.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, ONE NATION PARTY, NICK XENOPHON TEAM

Delay taints PM’s ABCC victory

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Original article by David Crowe
The Australian – Page: 1 & 5 : 1-Dec-16

The Senate has voted 36-33 in favour of a bill to reinstate the Australian Building & Construction Commission, but existing enterprise bargaining agreements will not have to comply with the new building code until November 2018. The Federal Government agreed to a two-year transition period in order to secure the support of Senator Derryn Hinch, who says he had concerns about the retrospective nature of the code as originally proposed by the Government. Meanwhile, the Opposition’s employment spokesman Brendan O’Connor says the Australian Labor Party will abolish the ABCC if it wins the next federal election.

CORPORATES
AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, AUSTRALIAN LABOR PARTY, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, LEND LEASE GROUP LIMITED – ASX LLC, PROBUILD PTY LTD, MASTER BUILDERS AUSTRALIA INCORPORATED, AUSTRALIA. DEPT OF EMPLOYMENT, ONE NATION PARTY

Delay taints PM’s ABCC victory

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Original article by David Crowe
The Australian – Page: 1 & 5 : 1-Dec-16

The Senate has voted 36-33 in favour of a bill to reinstate the Australian Building & Construction Commission, but existing enterprise bargaining agreements will not have to comply with the new building code until November 2018. The Federal Government agreed to a two-year transition period in order to secure the support of Senator Derryn Hinch, who says he had concerns about the retrospective nature of the code as originally proposed by the Government. Meanwhile, the Opposition’s employment spokesman Brendan O’Connor says the Australian Labor Party will abolish the ABCC if it wins the next federal election.

CORPORATES
AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, AUSTRALIAN LABOR PARTY, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, LEND LEASE GROUP LIMITED – ASX LLC, PROBUILD PTY LTD, MASTER BUILDERS AUSTRALIA INCORPORATED, AUSTRALIA. DEPT OF EMPLOYMENT, ONE NATION PARTY

Turnbull seals ABCC return with water deal

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Original article by David Crowe
The Australian – Page: Online : 30-Nov-16

The Senate seems set to pass the Federal Government’s bill to reinstate the Australian Building & Construction Commission. Senator Nick Xenophon will support the bill after the Government agreed to meet with state premiers regularly to increase water flows to the Murray-Darling river system. However, the Government has yielded to lobbying by organisations such as the Australian Industry Group and will introduce a two-year transition period for enterprise bargaining agreements to comply with the new building code.

CORPORATES
AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, NICK XENOPHON TEAM, THE AUSTRALIAN INDUSTRY GROUP, AUSTRALIAN MINES AND METALS ASSOCIATION (INCORPORATED), CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, LEND LEASE GROUP LIMITED – ASX LLC, PROBUILD PTY LTD, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, KANE CONSTRUCTIONS PTY LTD, CIMIC GROUP LIMITED – ASX CIM, NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF AGRICULTURE AND WATER RESOURCES

Unions run riot to kill workplace relations deal

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Original article by David Crowe
The Australian – Page: 1 & 4 : 29-Nov-16

The Federal Government is said to be close to securing a deal with Nick Xenophon regarding water reform in return for his support for its bill to reinstate the Australian Building & Construction Commission. However, the Construction, Forestry, Mining & Energy Union is launching a series of rolling stoppages at building sites in a campaign against the ABCC bill. The protected industrial ­action is aimed at putting pressure on construction firms to endorse enterprise bargaining agreements that do not comply with the new building code.

CORPORATES
AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, KANE CONSTRUCTIONS PTY LTD, CIMIC GROUP LIMITED – ASX CIM, LEND LEASE GROUP LIMITED – ASX LLC, AUSTRALIA. DEPT OF EMPLOYMENT, MASTER BUILDERS AUSTRALIA INCORPORATED, THE AUSTRALIAN INDUSTRY GROUP, AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS)

Turnbull in race to save IR agenda

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Original article by David Crowe
The Australian – Page: 1 & 4 : 28-Nov-16

The Australian Government has agreed to introduce a proposed "security of payments" regime for subcontractors in order to gain Senate crossbenchers’ support for a bill to reinstate the Australian Building & Construction Commission. However, the increased protection for subcontractors will be conditional on the passage of the ABCC bill through the upper house. Meanwhile, Senator Nick Xenophon will continue to push for increased water flows in the Murray-Darling river system.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NICK XENOPHON TEAM, AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, AUSTRALIA. ATTORNEY-GENERAL’S DEPT, AUSTRALIA. DEPT OF AGRICULTURE AND WATER RESOURCES, NATIONAL PARTY OF AUSTRALIA, LIBERAL PARTY OF AUSTRALIA, SOUTH AUSTRALIA. DEPT OF ENVIRONMENT, WATER AND NATURAL RESOURCES, LIBERAL DEMOCRATIC PARTY, NEW SOUTH WALES. DEPT OF NATURAL RESOURCES, QUEENSLAND. DEPT OF NATURAL RESOURCES AND MINES, AUSTRALIAN LABOR PARTY

Super win sparks stoush

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Original article by Phillip Coorey, Joanna Mather
The Australian Financial Review – Page: 1 & 8 : 24-Nov-16

Federal Treasurer Scott Morrison has ruled out further changes to superannuation after the Senate passed tax reforms that had been announced in the May 2016 Budget. The changes that take effect on 1 July 2017 include restricting annual concessional contributions to no more than $A25,000 and imposing a $A1.6m cap on super retirement accounts. The reforms are expected to generate total savings of $A3bn over four years. However, the Government has stressed the need for a further $A20bn of Budget repair measures if the nation is to retain its "AAA" credit rating.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, S&P GLOBAL RATINGS

ABCC set for action on site by year’s end

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Original article by David Crowe
The Australian – Page: 4 : 23-Nov-16

The Federal Government may wait until the final week of parliament to pursue its bill to reinstate the Australian Building & Construction Commission. It is optimistic that the majority of Senate cross-benchers will support the ABCC bill, after all but one voted for the bill to establish a registered organisations commission. The Government is holding talks with the Nick Xenophon Team regarding amendments to the ABCC bill to provide subcontractors with security of payment in the proposed building code.

CORPORATES
AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, NICK XENOPHON TEAM, FAIR WORK BUILDING AND CONSTRUCTION, AUSTRALIA. DEPT OF EMPLOYMENT, ONE NATION PTY LTD, LIBERAL DEMOCRATIC PARTY, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS

Senate deal could see whistleblower bounty

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Original article by Matthew Knott, Georgia Wilkins
The Age – Page: 4 : 23-Nov-16

Senate crossbenchers Nick Xenophon and Derryn Hinch have warned that the Australian Government will face a backlash if it tries to back down on a deal to increase protection for whistleblowers. The Government agreed to the reforms in return for support for its bill to establish a registered organisations commission. The US system of paying bounties to whistleblowers is being considered by a parliamentary inquiry, which will report its recommendations by mid-2017.

CORPORATES
NICK XENOPHON TEAM, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, BHP BILLITON LIMITED – ASX BHP, UNITED STATES. SECURITIES AND EXCHANGE COMMISSION, 7-ELEVEN STORES PTY LTD, GRIFFITH UNIVERSITY