EMPLOYERS’ ASSOCIATIONS – AUSTRALIA

‘Thoughtful’ King answers BCA call

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Original article by Patrick Durkin
The Australian Financial Review – Page: 5 : 8-Nov-16

Former Origin Energy CEO Grant King will succeed Catherine Livingstone as president of the Business Council of Australia. Origin’s ex-finance director Karen Moses has praised King’s appointment and says he is well-suited to his new role as head of the lobby group. King recently stepped down as Origin CEO after more than two decades at the company.

CORPORATES
BUSINESS COUNCIL OF AUSTRALIA, ORIGIN ENERGY LIMITED – ASX ORG, BORAL LIMITED – ASX BLD, TELSTRA CORPORATION LIMITED – ASX TLS, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, WESFARMERS LIMITED – ASX WES, CHARTER HALL GROUP – ASX CHC, SANTOS LIMITED – ASX STO, AGL ENERGY LIMITED – ASX AGL, MACQUARIE GROUP LIMITED – ASX MQG, AUSTRALIA PACIFIC LNG LIMITED, AUSTRALIAN LABOR PARTY

Senate urged to pass tax reforms

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Original article by Annabel Hepworth
The Australian – Page: 19 & 23 : 28-Sep-16

The Federal Government’s bill to progressively reduce the company tax rate is being scrutinised by a Senate committee. The Business Council of Australia has used its submission to argue the case for Parliament to pass all of the tax reforms rather than restricting tax cuts to the small business sector. The Minerals Council of Australia and the Australian Industry Group also favour implementing the tax cuts in full, although the latter concedes that providing tax relief to small businesses would be better than having the entire bill reject by Parliament.

CORPORATES
BUSINESS COUNCIL OF AUSTRALIA, MINERALS COUNCIL OF AUSTRALIA, THE AUSTRALIAN INDUSTRY GROUP, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, ACTU, AUSTRALIAN LABOR PARTY, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT

Business chiefs lobby crossbench on company tax

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Original article by David Crowe
The Australian – Page: 1 & 4 : 26-Aug-16

Analysis of tax data by the Business Council of Australia shows that the nation’s 12 largest companies account for approximately 33 per cent of corporate tax revenue. The BCA intends to ramp up its campaign in support of the Federal Government’s proposal to progressively reduce the tax rate for all companies. Crossbench senators will be targeted by its lobbying campaign. The BCA will argue that a high tax rate will deter companies from investing in Australia, while increased investment will in turn stimulate economic growth.

CORPORATES
BUSINESS COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, NICK XENOPHON TEAM, ONE NATION PARTY, LIBERAL PARTY OF VICTORIA, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, WESFARMERS LIMITED – ASX WES, QANTAS AIRWAYS LIMITED – ASX QAN, COCA-COLA AMATIL LIMITED – ASX CCL, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, WESTPAC BANKING CORPORATION – ASX WBC, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, TELSTRA CORPORATION LIMITED – ASX TLS, WOOLWORTHS LIMITED – ASX WOW, FORTESCUE METALS GROUP LIMITED – ASX FMG, SUNCORP GROUP LIMITED – ASX SUN, BP AUSTRALIA LIMITED, ARRIUM LIMITED – ASX ARI, OXFAM

Union claim for casual workers’ upgrade a ‘threat to full-time jobs’

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Original article by Joe Kelly
The Australian – Page: 2 : 18-Aug-16

The Australian Chamber of Commerce & Industry has warned of the economic cost of the ACTU’s push for casual workers to become permanent employees after being in a job for six months. ACCI CEO James Pearson says modelling by Australian National University economists suggests that the proposed reform would cost the economy about $A3.7bn a year and result in the loss of 19,000 full-time equivalent jobs. The Fair Work Commission is likely to rule on the matter later in 2016.

CORPORATES
ACTU, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIAN NATIONAL UNIVERSITY, AUSTRALIA. FAIR WORK COMMISSION

Millions can cash out leave

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Original article by Nick Toscano
The Age – Page: 23 : 4-Aug-16

Almost two million Australian employees who are covered by the modern industrial awards system will now have the option of cashing out part of their annual leave entitlement. The Fair Work Commission’s decision to allow cashing out has the support of the Australian Chamber of Commerce & Industry, although ACTU secretary Dave Oliver has expressed concern about the potential ramifications of the decision. The FWC is expected to issue a ruling on weekend penalty rates in September 2016.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, ACTU

Fears wage rise will hit hiring

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Original article by David Crowe
The Australian – Page: 2 : 1-Jun-16

Australian Chamber of Commerce & Industry CEO James Pearson says the $A15.80 per week increase in the minimum wage will make small businesses in particular less likely to hire additional staff. The minimum wage will increase by 2.4 per cent to $A672.70 a week, but Pearson notes that wages in the private sector rose by just 1.9 per cent in the March 2016 quarter and the annual inflation rate is 1.3 per cent. ACTU secretary Dave Oliver says the increase in the minimum wage is good but should have been higher.

CORPORATES
AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, ACTU, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIA. DEPT OF EMPLOYMENT, AUSTRALIAN BUREAU OF STATISTICS

New ACCI head urges big workplace fix

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Original article by Ewin Hannan
The Australian Financial Review – Page: 7 : 31-May-16

Australian Chamber of Commerce & Industry CEO James Pearson has called for action on the issue of industrial relations reform. He says ACCI surveys show that over-regulation and the compliance burden are key concerns for its members, and he has called for both sides of politics to put workplace reform on their policy agenda. Pearson also notes that debate on workplace reform is constantly stifled by unions’ claims that it will result in a return to WorkChoices-style workplace laws.

CORPORATES
AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIAN LABOR PARTY, NATIONAL PRESS CLUB (AUSTRALIA), ACTU, SHELL COMPANY OF AUSTRALIA LIMITED, CHEVRON AUSTRALIA PTY LTD, AUSTRALIAN PETROLEUM PRODUCTION AND EXPLORATION ASSOCIATION LIMITED, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, WESTERN AUSTRALIA. DEPT OF INDUSTRY AND RESOURCES, AUSTRALIA. FAIR WORK COMMISSION

Business united in push for PM’s economic agenda

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Original article by David Crowe
The Australian – Page: 1 & 6 : 25-May-16

Support for the Federal Government’s push to reduce the corporate tax rate will be a key element of the Australian Chamber of Commerce & Industry’s policy agenda, which will be launched on 25 May 2016. ACCI CEO James Pearson has urged bipartisan support for the eventual adoption of a uniform tax rate for all businesses, arguing that this is necessary in order to encourage investment and create jobs. Meanwhile, Opposition Leader Bill Shorten has defended the Australian Labor Party’s economic plan, stressing that its focus is on "fairness".

CORPORATES
AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Business to push Turnbull tax cuts

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 10 : 20-May-16

The Business Council of Australia will spearhead a campaign by business groups to promote the Australian Government’s proposal to progressively reduce the company tax rate to 25 per cent. The BCA has not become directly involved in a federal election campaign since 2007. The advertising campaign is expected to embrace traditional and online media, and be launched at around the mid-point of the election campaign.

CORPORATES
BUSINESS COUNCIL OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF IMMIGRATION AND BORDER PROTECTION, AUSTRALIAN MEDICAL ASSOCIATION LIMITED, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA, JWS RESEARCH PTY LTD

Labor leaves low wage to tribunal

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Original article by Elizabeth Colman, Greg Brown
The Australian – Page: 4 : 1-Apr-16

The Australian Labor Party will not make a submission on the Fair Work Commission’s review of the minimum wage. Workplace relations spokesman Brendan O’Connor says Labor has confidence in the wage review process and believes that it will consider factors such as the rising cost of living. The ACTU is seeking a $A30 per week increase in the minimum wage. Employer groups have proposed a much lower increase, citing factors such as the uncertain economic outlook and Australia’s high minimum wage compared with some countries.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. FAIR WORK COMMISSION, ACTU, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, THE AUSTRALIAN INDUSTRY GROUP, UNITED VOICE, RESERVE BANK OF AUSTRALIA, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT