Roy Morgan State of the Nation 24: Focus on Politics the 2016 Federal Election

Original article by Roy Morgan Research
Market Research Update – Page: online : 17-Jun-16

Roy Morgan Research has presented the latest Australia State of the Nation, with the focus on the 2016 Federal Election. Economic issues are still the main concern for Australians. The 7-Eleven wage exploitation scandal and a Fair Work Commission ruling against Coles have made voters sensitive to problems related to industrial relations. Australia’s real unemployment level is much higher than suggested by official figures. Roy Morgan’s unemployment & under-employment rate is at 18.1 per cent, versus the Australian Bureau of Statistics’ unemployment figure of 5.7 per cent. Australians’ voting intentions suggest that Malcolm Turnbull will to be re-elected as Prime Minister on 2 July 2016.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, 7-ELEVEN STORES PTY LTD, AUSTRALIAN GREENS, COLES GROUP LIMITED, REPUBLICAN PARTY (UNITED STATES), AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIAN ELECTORAL COMMISSION, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. FAIR WORK COMMISSION, VICTORIA. COUNTRY FIRE AUTHORITY, NICK XENOPHON TEAM, PALMER UNITED PARTY, JACQUI LAMBIE NETWORK, GLENN LAZARUS TEAM, JOHN MADIGAN’S MANUFACTURING AND FARMING PARTY, DERRYN HINCH’S JUSTICE PARTY, FAMILY FIRST PARTY AUSTRALIA LIMITED, LIBERAL DEMOCRATIC PARTY

Labor’s proposed environmental approval laws a ‘disaster’

Original article by Primrose Riordan
The Australian Financial Review – Page: 7 : 16-Jun-16

The Federal Opposition has been criticised over its proposal to reverse reforms that gave state governments increased responsibility for granting environmental approval for major projects. Northern Territory Treasurer David Tollner warns that the policy would result in job losses in industries such as agriculture and construction. New South Wales Environment Minister Mark Speakman has also expressed concern about the policy, although it is supported by Queensland Environment Minister Steven Miles.

CORPORATES
AUSTRALIAN LABOR PARTY, NORTHERN TERRITORY. DEPT OF THE TREASURY, NEW SOUTH WALES. DEPT OF PLANNING AND ENVIRONMENT, QUEENSLAND. DEPT OF ENVIRONMENT AND HERITAGE PROTECTION, TASMANIA. DEPT OF PRIMARY INDUSTRIES, WATER AND ENVIRONMENT, MINERALS COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF THE ENVIRONMENT

No deal vow as Tanya takes aim at Greens

Original article by David Crowe, Mark Coultan
The Australian – Page: 8 : 16-Jun-16

The Federal Government has launched a new advertising campaign in which it claims that the Opposition will seek an alliance with the Australian Greens and independents to form government. However, Opposition Leader Bill Shorten has ruled out an alliance with the Greens, while Deputy Leader Tanya Plibersek says the Greens’ election campaign is actively targeting the Australian Labor Party rather than the Coalition. She adds that there is lack of agreement within the Greens on some key issues.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, DEMOCRATIC LABOR PARTY

Blame-game in NBN backflip

Original article by Phillip Coorey, Paul Smith
The Australian Financial Review – Page: 5 : 14-Jun-16

The Australian Government has rejected claims that the Opposition’s policy will cap the cost of the national broadband network at $A29.5bn. The Australian Labor Party argues that its plan to resume deploying fibre-to-the-premises technology will reduce the cost of the rollout. Labor aims to connect an additional two million homes and businesses to the NBN via FTTP. However, Opposition Leader Bill Shorten has conceded that it would cost too much to upgrade premises that have been connected using fibre-to-the-home under the Coalition.

CORPORATES
AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, KPMG AUSTRALIA PTY LTD, McKINSEY AND COMPANY, INTELLIGENT BUSINESS RESEARCH SERVICES PTY LTD, TELSYTE PTY LTD, INTERNET AUSTRALIA

Labor, Libs leave $60b health hole

Original article by Laura Tingle
The Australian Financial Review – Page: 1 & 6 : 14-Jun-16

The issue of public hospital funding is under scrutiny, with the health policies of the Coalition and the Australian Labor Party only providing funding for the next four years. Professor Stephen Leeder notes that none of the major political parties have outlined a plan for sustainable funding of the public hospital system. Deloitte Access Economics’ Chris Richardson says Australia faces a "black hole" in hospital funding that will ultimately have to be addressed by the federal government rather than its state counterparts.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, DELOITTE ACCESS ECONOMICS PTY LTD, SOUTH AUSTRALIA. DEPT OF THE PREMIER AND CABINET

Copper stopper, two million more get fibre under Labor’s NBN plan

Original article by Phillip Coorey
The Australian Financial Review – Page: Online : 13-Jun-16

The Federal Opposition will announce details of its broadband policy on 13 June 2016. An additional two million homes and businesses will be connected to the national broadband network via fibre-to-the-home, rather than fire-to-the-node, if the Australian Labor Party wins the federal election. Labor will also seek to determine whether homes that have been connected via fire-to-the-node can be upgraded to fibre-to-the-home. Opposition Leader Bill Shorten says Australia needs a high-quality NBN in order to compete with Asia.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN FEDERAL POLICE

Reform FWC for actual fairness

Original article by Steve Knott
The Australian – Page: 12 : 10-Jun-16

Opposition Leader Bill Shorten’s abrupt change in stance regarding the Fair Work Commission’s review of weekend penalty rates was not unexpected. FWC president Iain Ross – a former ACTU official – was appointed by Shorten in 2012, when he was the nation’s industrial relations minister. Indeed, 18 of the 27 appointments to the "independent" FWC made by the Australian Labor Party between 2007 and 2013 were affiliated with Labor or were previously in the union movement. Meanwhile, a survey has found that 87 per cent of employers in the resources sector support a review of the FWC.

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

Overseas companies ‘can game the system’

Original article by Joe Kelly
The Australian – Page: 6 : 10-Jun-16

The Australian Labor Party’s proposal to increase the threshold for offshore investment in agricultural land has been criticised by Treasurer Scott Morrison. Labor would require purchases of farmland valued at $A50m or more to be approved by the Foreign Investment Review Board, but Morrison contends that offshore buyers would seek to avoid this by acquiring land for $A49m. Agriculture Minister Barnaby Joyce has also criticised Labor’s proposal to lift the threshold for foreign investment in the agribusiness sector to $A1bn.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, AUSTRALIA. DEPT OF AGRICULTURE AND WATER RESOURCES, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY

Labor retreats on cuts

Original article by Phillip Coorey, Patrick Durkin
The Australian Financial Review – Page: 1& 6 : 10-Jun-16

The Federal Opposition will unveil a number of savings measures on 10 June 2016 that it will implement if it wins the federal election. It will also no longer oppose some of the spending cuts that were announced in the Australian Government’s May 2014 Budget, which have been stalled in the Senate. These measures are expected to include the Government’s proposed changes to welfare payments such as the Family Tax Benefit and a reduction in R&D tax concessions. The Opposition aims to eliminate the budget deficit within five years.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF FINANCE

Labor admits bigger deficits prompting AAA warnings

Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 9-Jun-16

The Federal Opposition has conceded that the budget deficit will increase over the next four years under its 10-year economic plan. However, it expects to eliminate the deficit in 2020-21, and argues that its policies will have a much greater net benefit to the budget bottom line over a decade than the Australian Government’s plans to reduce the company tax rate. Finance Minister Mathias Cormann has warned that the Opposition’s higher deficit over the next four years could jeopardise Australia’s triple-A credit rating.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF FINANCE, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET