No changes to RET in power supply overhaul

Original article by David Crowe
The Australian – Page: 1 & 4 : 15-Sep-17

The Federal Government is expected to retain the renewable energy target in its current form, due to the prospect of any changes being rejected by the Senate and concern that further changes could create sovereign risk for investors. However, the Government is expected to announce that the RET will not apply to new projects from 2020. Meanwhile, Opposition Leader Bill Shorten has been criticised in parliament over his claim that the average Sydney household’s electricity bill has risen by $A1,000 since the Coalition was elected in 2013.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, AUSTRALIAN ENERGY REGULATOR, ENERGY CONSUMERS AUSTRALIA, BAECONOMICS PTY LTD, MINERALS COUNCIL OF AUSTRALIA, AUSTRALIA. OFFICE OF THE CHIEF SCIENTIST

Fifield close to reform breakthrough

Original article by Darren Davidson
The Australian – Page: 24 : 11-Sep-17

Communications Minister Mitch Fifield is believed to be close to securing a deal for the Nick Xenophon Team to support cross-media ownership reforms in the Senate. Fifield held negotiations with NXT senators ahead of Senate debate on the media reform bill on 11 September. The Government hopes to end the impasse which followed its rejection of NXT’s original proposal regarding tax breaks for smaller media companies. The media reforms require the support of a majority of cross-benchers.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, NICK XENOPHON TEAM, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, ONE NATION PARTY, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), NETFLIX INCORPORATED, AMAZON.COM INCORPORATED, FACEBOOK INCORPORATED, GOOGLE INCORPORATED

‘Zombie’ blockade to stymie PM’s agenda

Original article by Rosie Lewis
The Australian – Page: 5 : 8-Aug-17

The Australian Government is seeking to have 10 important measures passed by the Senate, but it is suggested that only two will get through because of a lack of cross-bench support. Changes to citizenship laws, higher education reforms, the same-sex marriage plebiscite and the media reform package are among the bills that are likely to be rejected. As a result, savings and revenue measures valued at some $A12 billion are at risk.

CORPORATES
AUSTRALIAN LABOR PARTY, LIBERAL DEMOCRATIC PARTY, ONE NATION PARTY, AUSTRALIAN CONSERVATIVES, AUSTRALIAN GREENS, NATIONAL PARTY OF AUSTRALIA

‘Libs have Buckley’s chance’ of quick win on media reform

Original article by Rosie Lewis
The Australian – Page: 2 : 22-Jun-17

The Australian Government has prioritised its schools funding package over the media reform bill in the Senate, although Communications Minister Mitch Fifield is said to still be aiming for a vote on the latter in coming days. However, independent senator Nick Xenophon says there is little chance of the media reforms getting through the Senate before Parliament’s winter recess. The Nick Xenophon Team and the Greens are open to supporting the reforms, subject to measures aimed at safeguarding media diversity.

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

National crosses floor to save penalty rates

Original article by Joe Kelly
The Australian – Page: 4 : 21-Jun-17

The Australian Labor Party’s proposed change to the Fair Work Amendment bill has been defeated by one vote in the House of Representatives. Labor had sought to use legislation to overturn the Fair Work Commission’s decision to reduce weekend penalty rates for employees in the retail and hospitality sector. The Labor amendment was defeated 73-72 after Coalition backbencher George Christensen voted with the Opposition.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. FAIR WORK COMMISSION, LIBERAL-NATIONAL PARTY OF QUEENSLAND

Morrison bank levy gets over the line

Original article by Joe Kelly
The Australian – Page: 4 : 20-Jun-17

The Senate has passed a bill to impose a levy on the nation’s five largest banks, after the Australian Labor Party voted for it. However, One Nation opposed the levy, with Senator Brian Burston describing it as a "lazy, ugly, cheap solution". The Senate’s eco­nomics legislation committee has recommended that the levy should be reviewed within two years. Australian Bankers’ Association CEO Anna Bligh says any future review should consider adding a sunset clause to the legislation, but this has been ruled out by Treasurer Scott Morrison.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, ONE NATION PARTY, AUSTRALIAN BANKERS’ ASSOCIATION, LIBERAL PARTY OF AUSTRALIA

Adani coal bid clears native title hurdle

Original article by Andrew Tillett
The Australian Financial Review – Page: 9 : 15-Jun-17

The Senate has passed amendments to the Native Title Act to overturn the Federal Court’s decision in the McGlade case. The court had ruled that an indigenous land use agreement would not be valid unless it was signed by every registered native title claimant, rather than just a majority of traditional owners. The McGlade ruling had major implications for Adani’s proposed Carmichael coal mine in Queensland. Some traditional owners oppose the project and intend to press ahead with legal action in a bid to stop it from proceeding.

CORPORATES
ADANI MINING PTY LTD, ADANI ENTERPRISES LIMITED, FEDERAL COURT OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIA. NATIONAL NATIVE TITLE TRIBUNAL, AUSTRALIA. ATTORNEY-GENERAL’S DEPT, SUPREME COURT OF QUEENSLAND, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Sugar the sweetener for One Nation to back media reform

Original article by Mitchell Bingemann
The Australian – Page: 23 : 27-Mar-17

One Nation will not support cross-media ownership reforms unless the Federal Government agrees to back its push for a national code of conduct for the sugarcane industry. The Senate had been scheduled to debate the media bill in the week beginning 27 March, but One Nation will only support abolition of the "reach rule" and the "two-out-of-three" rule if the Government intervenes in a stand-off between Queensland sugarcane farmers and Wilmar International. The media reform bill requires the support of One Nation and the Nick Xenophon Team.

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

Reforms face stiff test from Hanson

Original article by Mitchell Bingemann
The Australian – Page: 23 : 13-Feb-17

The Federal Government’s cross-media ownership reforms will require the support of Senate crossbenchers. However, One Nation senator Pauline Hanson is said to be concerned about foreign ownership of Australian media assets, while Nick Xenophon advocates imposing a "super profits" tax on Google and Facebook due to their growing dominance of the online advertising market. Communications Minister Mitch Fifield is tipped to introduce the media reform bill in the upper house in mid-February 2017.

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

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

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