Day departs the house as home-building dreams turn to nightmare

Original article by Ben Butler, Samantha Hutchins, Rick Wallace
The Australian – Page: 1 & 5 : 18-Oct-16

Family First senator Bob Day has resigned from Parliament after his residential development company, Home Australia, was placed in the hands of liquidators from McGrathNicol. The collapse has affected 207 unfinished homes in five states, and the liquidators will seek to have other builders complete these homes. Day has apologised to affected customers and conceded that he will lose his own home, as he had provided a personal guarantee for Home Australia’s debts. He has committed to repaying all of the company’s debts.

CORPORATES
FAMILY FIRST PARTY AUSTRALIA LIMITED, HOME AUSTRALIA PTY LTD, McGRATH NICOL AND PARTNERS SERVICES PTY LTD, GOSHEN CAPITAL RESOURCES, HSBC HOLDINGS PLC, QBE INSURANCE GROUP LIMITED – ASX QBE

Shamed Dastyari bites the dust

Original article by Primrose Riordan
The Australian Financial Review – Page: 1 & 5 : 8-Sep-16

Senator Sam Dastyari has stood down as Shadow Minister for Consumer Affairs to allow the Australian Labor Party to focus again on policies rather than his behaviour. He announced his resignation on 7 September 2016. Dastyari was found to have had a legal bill paid by Yuhu Group’s Huang Xiangmo, who is also the head of the Australia Council for the Promotion of Peaceful Reunification of China. On another occasion, Dastyari’s travel bill was paid by Top Education’s Minshen Zhu.

CORPORATES
AUSTRALIAN LABOR PARTY, YUHU GROUP (AUSTRALIA) PTY LTD, TOP EDUCATION INSTITUTE, COMMUNIST PARTY (CHINA), AUSTRALIAN FELLOWSHIP OF CHINA GUANGDONG ASSOCIATIONS INCORPORATED

Women’s work in cabinet drops as touted promotions evaporate

Original article by Rosie Lewis
The Australian – Page: 5 : 19-Jul-16

The number of cabinet portfolios allocated to women has fallen in the Australian Government’s post-election reshuffle. The role of Marise Payne as Defence Minister will be reduced, with Christopher Pyne assuming responsibility for the construction of new naval vessels as the Minister for Defence Industries. Kelly O’Dwyer has been promoted to Minister for Revenue and Financial Services, although the small business portfolio has been reallocated.

CORPORATES
AUSTRALIA. DEPT OF DEFENCE, AUSTRALIA. DEPT OF FINANCE, AUSTRALIA. DEPT OF HEALTH, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

PM resets agenda with reshuffle

Original article by David Crowe
The Australian – Page: 1 & 4 : 19-Jul-16

The new Australian Government will have 23 cabinet ministers, with increased representation for the National Party. The role of the minister for Northern Australia, Matt Canavan, has been expanded to include the resources portfolio, and he has moved from the outer ministry to cabinet. Meanwhile, former resources minister Josh Frydenberg will take on the environment and energy portfolio, Greg Hunt has been appointed Minister for Industry, ­Innovation and Science, and former assistant treasurer Kelly O’Dwyer has been promoted to the Minister for Revenue and Financial Services.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF INFRASTRUCTURE AND REGIONAL DEVELOPMENT, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, AUSTRALIA. DEPT OF FINANCE, AUSTRALIA. DEPT OF THE ENVIRONMENT, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN ELECTORAL COMMISSION

Malcolm in muddle over cabinet reshuffle delay

Original article by Sid Maher
The Australian – Page: 1 & 6 : 11-Feb-16

The Australian Government is likely to make changes to its frontbench team after Trade Minister Andrew Robb revealed that he will not contest the next election. Robb is likely to remain in Cabinet in the near-term, as he is holding free-trade negotiations. National Party Leader and Deputy Prime Minister Warren Truss also intends to retire, although he is not expected to stand down until Parliament adjourns in mid-March ahead of the May 2016 Budget.

CORPORATES
AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN FEDERAL POLICE, CHINA NATIONAL METALS AND MINERALS IMPORT EXPORT COMPANY, AUSTRALIAN HUMAN RIGHTS COMMISSION, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY

Turnbull dodges bullet, Nationals left red-faced

Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 15-Dec-15

Liberal Party of Australia backbencher Ian Macfarlane has signalled that he may quit Parliament after his attempt to defect to the National Party was thwarted. The Liberal National Party of Queensland’s state executive voted 14-12 to prevent him from resigning from the federal Liberal Party to join the National Party. Macfarlane was dropped from the frontbench when Malcolm Turnbull replaced Tony Abbott as Prime Minister.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, LIBERAL-NATIONAL PARTY OF QUEENSLAND, AUSTRALIAN LABOR PARTY

Nats seek more power over policy

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 4-Dec-15

Australia’s former industry minister Ian Macfarlane has resigned from the Liberal Party and joined its Coalition partner, the National Party. Scott Buchholz is also considering a switch to the National Party, which will now press the Liberal Party for an additional minister and an increased role in the federal government. Macfarlane says he is keen to take on a ministerial portfolio again but stresses that any appointments must be based on merit. He lost the industry portfolio in a ministerial reshuffle under new Prime Minister Malcolm Turnbull.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, LIBERAL-NATIONAL PARTY OF QUEENSLAND, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, QUEENSLAND GRAINGROWERS’ ASSOCIATION

Turnbull’s cabinet clean-out

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 21-Sep-15

Prime Minister Malcolm Turnbull has expanded his cabinet team from 20 to 23. Key appointments include Scott Morrison as Treasurer, Christian Porter as Social Services Minister and Marise Payne in the defence portfolio. A by-election will be held in the North Sydney seat of former treasurer Joe Hockey, who has announced that he will quit Parliament. Meanwhile, Turnbull has flagged a review of all Coalition policies, saying government policy must be responsive to a "rapidly-changing disruptive environment".

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF SOCIAL SERVICES, AUSTRALIA. DEPT OF DEFENCE, AUSTRALIA. DEPT OF INDUSTRY AND SCIENCE, RESERVE BANK OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Treasurer Morrison promises to stop the debt

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 7 : 21-Sep-15

Australia’s new Treasurer Scott Morrison says he will aim to reduce the Budget deficit and the nation’s debt. He has indicated that job creation will be also be a priority, with some 300,000 jobs created during the tenure of predecessor Joe Hockey. Morrison adds that the process of producing white papers on issues such as taxation and the federation will not be affected by the ministerial reshuffle.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF SOCIAL SERVICES, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF IMMIGRATION AND BORDER PROTECTION, AUSTRALIAN LABOR PARTY

Coup backers to be promoted

Original article by Phillip Coorey
The Australian Financial Review – Page: 7 : 17-Sep-15

Tony Abbott supporters Kevin Andrews and Eric Abetz are expected to be among the casualties when Prime Minister Malcolm Turnbull announces his new frontbench team. It is expected that at least nine Coalition members who supported Turnbull in the leadership spill will be promoted in the ministerial reshuffle, and Turnbull has indicated that he is keen for more women to become government ministers. Several Abbott backers are tipped to retain their portfolios, including Andrew Robb.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF DEFENCE, AUSTRALIA. DEPT OF EMPLOYMENT, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIA. DEPT OF IMMIGRATION AND BORDER PROTECTION, AUSTRALIA. DEPT OF COMMUNICATIONS, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF SOCIAL SERVICES, AUSTRALIA. DEPT OF FINANCE, AUSTRALIA. DEPT OF EDUCATION AND TRAINING, LIBERAL PARTY OF AUSTRALIA