Shorten’s policies shrink small businesses

Original article by Craig Laundry
The Daily Telegraph – Page: 64 : 16-Feb-18

Opposition Leader Bill Shorten has outlined plans to tie the minimum wage to 60 per cent of the median wage. As well as potentially putting up to one million small companies out of business, his plan is one similar to that rejected by the Fair Work Commission in 2017, with the FWC being an independent body that Shorten himself helped to set up. Australia already has the second-highest minimum wage in the OECD, with 3.3 per cent increase in 2017 being the largest since 2011. Australian small businesses provide 4.7 million jobs, and account for $A378 billion in outputs; Shorten’s plan would spell disaster for the sector.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIAN LABOR PARTY, ACTU, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE

Laundy’s bid to toughen IR rules

Original article by Ewin Hannan
The Australian – Page: 1 & 2 : 9-Feb-18

Workplace Relations Minister Craig Laundy has signalled that the Federal Government may consider amendments to the Fair Work Act aimed at providing greater protection to workers in the enterprise bargaining process. Laundy says there may be a case for strengthening existing provisions of the Act that require workers to be fully informed of the pay and conditions in an enterprise agreement before they vote for it. He has also warned of the potential for huge job losses if a future Labor government were to implements the ACTU’s proposals regarding the minimum wage and workplace laws.

CORPORATES
AUSTRALIA. DEPT OF EMPLOYMENT, AUSTRALIAN LABOR PARTY, ACTU, AUSTRALIA. FAIR WORK COMMISSION, COLES SUPERMARKETS AUSTRALIA PTY LTD, WOOLWORTHS SUPERMARKETS, McDONALD’S AUSTRALIA LIMITED, KFC

PM switches to plan B on tax reform

Original article by Joe Kelly, Simon Benson
The Australian – Page: 1 & 8 : 9-Feb-18

The Senate is set to reject the Federal Government’s corporate tax cuts package after One Nation and the Nick Xenophon Team advised that they will vote against it. The two minor parties have a combined six seats in the Senate, and just three cross-benchers currently support the tax reforms. The lower house passed the company tax cuts bill on 8 February, and Treasurer Scott Morrison says the Government remains committed to getting the tax cuts through the Senate. However, the package’s looming defeat in the upper house will allow the Government to focus on personal income tax cuts in the May 2018 Budget.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, ONE NATION PARTY, NICK XENOPHON TEAM, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, LIBERAL DEMOCRATIC PARTY, AMP LIMITED – ASX AMP

Living-wage bid could be death of businesses

Original article by Ewin Hannan
The Australian – Page: 1 & 2 : 2-Feb-18

Scott Barklamb of the Australian Chamber of Commerce & Industry says small businesses in particular would face a big increase in wage costs if a future government adopted the ACTU’s proposal for a "living wage". The Federal Opposition has indicated that it may consider permanently setting the minimum wage at a proportion of the median wage, although it has not specified what this would be. The ACTU’s target for a living wage is 60 per cent of the median wage, and Workplace Minister Craig Laundy says implementing this target would force many businesses to close.

CORPORATES
AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, ACTU, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF EMPLOYMENT, AUSTRALIA. FAIR WORK COMMISSION, UNIVERSITY OF ADELAIDE, THE WORLD BAR

PM’s tax cut drive for companies, workers

Original article by Simon Benson
The Australian – Page: 1 & 4 : 1-Feb-18

Prime Minister Malcolm Turnbull will use a speech on 1 February to push for broad-based tax reforms that provide tax cuts for individuals and companies. He will state that the Coalition will aim to deliver tax relief to middle-income earners while retaining its goal of returning the Budget to surplus in 2020-21. Turnbull has reiterated that company tax cuts will be at the top of the Coalition’s agenda when Parliament resumes, stressing that the issue has become more urgent in the wake of tax reforms in the US.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN ELECTORAL COMMISSION, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Labor accused of posturing on ICAC

Original article by Chris Merritt, Nicola Berkovic
The Australian – Page: 4 : 1-Feb-18

The Federal Government has urged Opposition Leader Bill Shorten to provide more details on his proposal to establish a national anti-corruption commission. Attorney-General Christian Porter argues that amongst other things, Shorten should state whether such an agency would hold public hearings and would be able to examine how former Labor senator Sam Dastyari obtained security intelligence ­information. He adds that some state-based anti-corruption agencies have at times breached the rights of individuals.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. ATTORNEY-GENERAL’S DEPT, NEW SOUTH WALES. INDEPENDENT COMMISSION AGAINST CORRUPTION, HIGH COURT OF AUSTRALIA

ALP eyes plan to set minimum wage increases

Original article by Ewin Hannan
The Australian – Page: 1 & 4 : 1-Feb-18

The Federal Opposition’s workplace relations spokesman Brendan O’Connor has indicated that a future Labor government could potentially mandate that the minimum wage be permanently fixed at a proportion of the median wage. He says this is among the options that will be considered, but employers’ groups warn that adopting a so-called "living wage" would reduce job opportunities for people on low wages and make small businesses less viable. The ACTU has suggested that a living wage should be set at 60 per cent of the median wage.

CORPORATES
AUSTRALIAN LABOR PARTY, ACTU, THE AUSTRALIAN INDUSTRY GROUP, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIA. DEPT OF EMPLOYMENT, AUSTRALIA. FAIR WORK COMMISSION

Shorten war on business

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 8 : 31-Jan-18

Opposition Leader Bill Shorten has committed to establishing a national anti-corruption commission if Labor wins the next federal election. He has also signalled plans to either increase the minimum wage or replace it with a so-called "living wage". Meanwhile, business groups have expressed concern over Shorten’s proposal to rebalance enterprise bargaining laws in favour of workers. Private health insurance companies will also be targeted by Shorten, while he has ruled out supporting the Federal Government’s company tax cuts package.

CORPORATES
AUSTRALIAN LABOR PARTY, THE AUSTRALIAN INDUSTRY GROUP, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, ACTU, AUSTRALIA. FAIR WORK COMMISSION

Labor’s Fair Work plan insane

Original article by Ewin Hannan
The Australian – Page: 4 : 25-Jan-18

Australian Mines & Metals Association CEO Steve Knott has criticised the Federal Opposition’s proposal to give Fair Work Commission more power to arbitrate industrial disputes. He argues that the FWC is already dominated by former union officials and Labor supporters, adding that it would be "insanity" to give it more power. Australian Industry Group CEO Innes Willox says the FWC’s existing powers to intervene are sufficient.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIAN MINES AND METALS ASSOCIATION (INCORPORATED), AUSTRALIAN LABOR PARTY, THE AUSTRALIAN INDUSTRY GROUP, ACTU

ALP’s Fair Work Commission power play

Original article by Ewin Hannan
The Australian – Page: 1 & 2 : 24-Jan-18

ACTU secretary Sally McManus has expressed support for the Federal Opposition’s proposal to give the Fair Work Commission more power to arbitrate industrial disputes. Labor’s workplace relations spokesman Brendan O’Connor says that while the parties to a dispute should always seek to resolve it themselves, an alternative is needed when one party has not acted in good faith. However, Australian Industry Group CEO Innes Willox has warned against any changes to the Fair Work Act that would give unions more bargaining power.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIAN LABOR PARTY, ACTU, THE AUSTRALIAN INDUSTRY GROUP, UNIVERSITY OF ADELAIDE