BUSINESS AND POLITICS – AUSTRALIA

100 per cent sure Bowen knows best

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Original article by Glen Norris, Greg Brown
The Australian – Page: 1 & 4 : 5-Feb-25

Energy Minister Chris Bowen and Resources Minister Madeleine King have defended the federal government’s ambitious renewable energy target, amid growing opposition within the business community. Bowen and King have stated that the government takes its advice on energy policy from experts. Infrastructure NSW chairman Graham Bradley is amongst the business leaders who contend that the target of generating 82 per cent of Australia’s electicity via renewables by 2030 is unrealistic and must be revised.

CORPORATES
AUSTRALIA. DEPT OF CLIMATE CHANGE, ENERGY, THE ENVIRONMENT AND WATER, AUSTRALIA. DEPT OF INDUSTRY, SCIENCE AND RESOURCES, INFRASTRUCTURE NEW SOUTH WALES

Renewables target: 82 per cent of no chance

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Original article by Greg Brown
The Australian – Page: 1 & 6 : 4-Feb-25

Australian Chamber of Commerce & Industry CEO Andrew McKellar doubts that the federal government’s 2030 renewable energy target is realistic. He says Labor will need to reconsider its goal of having 82 per cent of the nation’s electricity generated via renewables by the end of the decade. McKellar contends that while renewables will be the ‘backbone’ of the energy grid in the medium to longer term, there will need to be a strong focus on gas exploration, production and supply in the near-term. Council of Small Business Organisations Australia CEO Luke Achterstraat agrees that the renewables target should be reviewed.

CORPORATES
AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, COUNCIL OF SMALL BUSINESS ORGANISATIONS OF AUSTRALIA LIMITED

ACCI warns of need for cap on spending

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Original article by Sarah Ison
The Australian – Page: 6 : 30-Jan-25

The Australian Chamber of Commerce & Industry will call for federal government spending to be capped at 25 per cent of GDP. The ACCI’s pre-election Agenda for Business policy blueprint will also advocate tax reform, the abolition of stamp duty and changing the definition of a small business to 25 employees or less, compared with the current threshold of 15 employees. CEO Andrew McKellar will use a speech on Thursday to argue that rising government spending is pushing up interest rates and adversely affecting productivity. Data released in late 2024 shows that government spending has risen to a record high of almost 28 per cent of GDP.

CORPORATES
AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY

PM’s green tape tangle for miners

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Original article by Noah Yim, Brad Thompson
The Australian – Page: 1 & 4 : 8-Jan-25

The Minerals Council of Australia has expressed concern about key elements of the federal government’s proposed critical minerals production tax incentive scheme. The MCA contends that the ‘community benefit principles’ requirement of the tax incentive would create uncertainty for the nation’s critical minerals industry, which is already facing strong global competition. The government estimates that the tax incentive will cost about $7bn over a decade, but create secure jobs in Australia and diversify global supply chains by processing critical minerals onshore rather than exporting the raw materials overseas.

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MINERALS COUNCIL OF AUSTRALIA

Bosses reject ACTU’s new bargaining push

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Original article by Ewin Hannan
The Australian – Page: 4 : 3-Dec-24

The Australian Resources & Energy Employer Association has called for restrictions on the use of multi-employer bargaining. Its submission to a review of the federal government’s ‘Secure Jobs, Better Pay’ laws has argued that it should only be available in workplaces where an employer has agreed to bargain collectively. AREEA also opposes the ACTU’s push to broaden the scope of multi-employer bargaining, while it has called for the intractable bargaining provisions to be wound back.

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AUSTRALIAN RESOURCES AND ENERGY EMPLOYER ASSOCIATION, ACTU

ALP delays small business IR review beyond election

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Original article by David Marin-Guzman
The Australian Financial Review – Page: 7 : 30-Oct-24

The federal government agreed to review small business exemptions from the Fair Work Act in return for the support of crossbench senators David Pocock and Jacqui Lambie for its second tranche of industrial relations reforms. Amongst other things, the proposed review will consider the definition of a small business, which is currently set at fewer than 15 employees. However, the government has advised that the review may be delayed until mid-2025. Council of Small Business Organisations Australia CEO Luke Achterstraat says the current definition of a small business is not ‘fit for purpose’, and the government needs to provide the sector with as much certainty and confidence as possible.

CORPORATES
COUNCIL OF SMALL BUSINESS ORGANISATIONS OF AUSTRALIA LIMITED

Seven Media boss warning on evil forces

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Original article by Sophie Elsworth
The Australian – Page: 3 : 30-Oct-24

Seven West Media’s director of news and current affairs, Anthony De Ceglie, says the federal government should "definitely" designate Meta under the news media bargaining code before the upcoming election. De Ceglie has also warned that social media platforms represent the biggest threat to traditional media outlets, and urged the government to "step up" to help the industry. He added that artificial intelligence platforms such as ChatGPT are also a major threat to news outlets.

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SEVEN WEST MEDIA LIMITED – ASX SWM, META PLATFORMS INCORPORATED

Rio Tinto’s red alert on green laws killing mining

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Original article by Brad Thompson
The Australian – Page: 2 : 16-Oct-24

Rio Tinto contends that the federal government must find a balance between protecting the environment and supporting the resources sector. Rio Tinto’s Australian CEO Kellie Parker has stressed the need to take into account different perspectives and practical thinking in the nation’s approach to environmental protection, as well as a regulatory system that supports and enhances the contribution that the resources sector makes to the economy and society. Parker adds that Rio Tinto is committed to meeting rigorous environmental standards.

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RIO TINTO LIMITED – ASX RIO

ALP under fire over small business review

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Original article by Ewin Hannan
The Australian – Page: 4 : 15-Oct-24

Australian Chamber of Commerce & Industry CEO Andrew McKellar has defended its call for the federal government to change the legal definition of a small business. He contends that the push to change this from 15 employees to 25 is not aimed at undermining the rights of workers. The Council of Small Business Organisations Australia supports the ACCI’s push, says CEO Luke Achterstraat. He adds that the government’s refusal to consider the proposal has undermined the Fair Work Ombudsman’s own review of the definition of a small business; Labor had commissioned this to secure the support of independent senator David Pocock for its workplace reforms.

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AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, COUNCIL OF SMALL BUSINESS ORGANISATIONS OF AUSTRALIA LIMITED

No retreat on IR laws: Albanese

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 18-Sep-24

Industrial relations is set to be a key federal election issue, after Prime Minister Anthony Albanese indicated on Tuesday that Labor will not back down on the reforms it has implemented. The Coalition in turn has committed to repealing key aspects of the reforms, including multiple-employer bargaining. Meanwhile, Albanese has told the Business Council of Australia’s annual dinner that his government is "proudly pro-business and pro-worker". Albanese used his speech to highlight Labor policies and initiatives that have helped the business sector. However, BCA CEO Bran Black and president Geoff Culbert both criticised Labor’s workplace reforms in their speeches at the event.

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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, BUSINESS COUNCIL OF AUSTRALIA, AUSTRALIAN LABOR PARTY