POLITICIANS – AUSTRALIA

Swan admits MRRT revenue failure

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Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 19-Aug-14

The former Australian Government revealed details of its proposed Resources Super Profit Tax on 2 May 2010. However, a book written by ex-treasurer Wayne Swan shows that the mining sector was only told about plans for the tax several days earlier. Swan also notes that generous deductions granted to mining companies for investing in their mining operations were a major contributor to the lower-than-expected revenue from the minerals resource rent tax

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, XSTRATA AG

Mighty slip-up as former speaker guilty of dishonesty

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Original article by Megan Gorrey
The Sydney Morning Herald – Page: 1 & 5 : 29-Jul-14

The Australian Capital Territory Magistrates’ Court will sentence Peter Slipper on 22 September 2014. The former speaker of the federal lower house has been convicted of dishonestly using government taxi vouchers on three separate occasions in 2010. His lawyer had argued that the prosecution had failed to prove that Slipper had not been on parliamentary business at the time. Slipper had pleaded not guilty

CORPORATES
AUSTRALIAN CAPITAL TERRITORY MAGISTRATES’ COURT, CLONAKILLA WINES PTY LTD, POACHERS PANTRY, DOONKUNA ESTATE PTY LTD, YASS VALLEY WINES, SHAW ESTATE VINEYARD, GALLAGHER WINES, AUSTRALIA. DIRECTOR OF PUBLIC PROSECUTIONS

Hockey’s budget hole heading to $41b

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1-Apr : 17-Jul-14

The Australian Government may face resistance in the Senate to its plans to abolish some $A4bn worth of tax breaks as part of its proposal to repeal the mining tax. Two independent senators intend to vote against scrapping the tax breaks, and the defeat of this measure would be another blow for the Government, which has already faced opposition from Palmer United Party senators to several other measures that are linked to the mining tax

CORPORATES
PALMER UNITED PARTY, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, AUSTRALIA. DEPT OF THE TREASURY, LIBERAL DEMOCRATIC PARTY

Editing of TV interview was ‘unethical’, says new senator

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Original article by Heath Aston
The Sydney Morning Herald – Page: 6 : 14-Jul-14

A complaint letter to Seven West Media and the Australian Communications & Media Authority was prepared by defamation lawyer Peter Breen, the adviser to new federal senator Ricky Muir. The Australian Motoring Enthusiast Party politician however asked Breen not to lodge the complaint, over the treatment of Muir by journalist Mike Willesee. The "Sunday Night" current affairs program in June 2014 had shown an interview with Muir during which he struggled to give answers, and it also included footage of Muir being coached by party founder Keith Littler. Muir claims he was told this part would be edited out, and that Seven acted in a "unethical" manner

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, AUSTRALIAN MOTORING ENTHUSIAST PARTY, AUSTRALIAN BROADCASTING CORPORATION, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY

Abbott gets deal to axe carbon tax

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 14-Jul-14

The Australian Government appears to have secured a compromise deal with Clive Palmer to abolish the carbon tax. The Government has agreed to Palmer’s requirement that the energy sector will be the only industry that would be subject to a disclosure regime regarding the carbon tax and the cost saving arising from its abolition. The Government hopes to put the carbon tax repeal legislation to the Senate on 14 July 2014

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, PALMER UNITED PARTY, BUSINESS COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF THE ENVIRONMENT, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, THE AUSTRALIAN INDUSTRY GROUP, AUSTRALIA. CLIMATE CHANGE AUTHORITY