CSL signs deal to make two Covid vaccines

Original article by Jared Lynch
The Australian – Page: 15 : 8-Sep-20

Biopharmaceutical giant CSL has secured a $1.7bn deal with the federal government to produce 80 million doses of two coronavirus vaccine candidates. This comprises 30 million doses of the vaccine that is being developed by Oxford University and AstraZeneca, and 50 million doses of the vaccine that CSL is developing with the University of Queensland. Phase three clinical trials have commenced on the Oxford vaccine, while the home-grown vaccine is in phase one trials. The government will contribute $300m to the cost of upgrading CSL’s advanced manufacturing facility in Melbourne to produce the vaccines.

CORPORATES
CSL LIMITED – ASX CSL, OXFORD UNIVERSITY, ASTRAZENECA PLC

Third media report in a year

Original article by Max Mason
The Australian Financial Review – Page: 29 : 22-Jun-20

The federal government has issued a tender for an independent report on the media industry. The Department of Infrastructure, Transport, Regional Development & Communication will pay up $220,000 for the report, which will examine both the existing business models for the media sector and the regulatory regimes in other countries. The government previously received two separate reports on the regional broadcasting sector in late 2019 and early 2020, although this will not be a specific focus of the new report.

CORPORATES
AUSTRALIA. DEPT OF INFRASTRUCTURE, TRANSPORT, REGIONAL DEVELOPMENT AND COMMUNICATIONS

Spy chief says Huawei a threat to key infrastructure

Original article by Angus Grigg, Nick McKenzie
The Australian Financial Review – Page: 1 & 2 : 30-Oct-18

The federal government’s decision in August to ban "high-risk vendors" from building a 5G mobile network has been backed by Mike Burgess, the director-general of the Australian Signals Directorate. He says Australia’s critical infrastructure such as power and water networks would not have been able to be properly protected if such vendors had been allowed to build the 5G network. Although he did not mention them by name, it is assumed that Burgess was referring to Chinese firms Huawei and ZTE. Meanwhile, the Australian Strategic Policy Institute has expressed concern about the level of collaboration between Australian universities and Chinese military scientists.

CORPORATES
AUSTRALIAN SIGNALS DIRECTORATE, HUAWEI TECHNOLOGIES COMPANY LIMITED, ZTE CORPORATION, AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED, SINGTEL OPTUS PTY LTD, VODAFONE AUSTRALIA LIMITED, UNIVERSITY OF NEW SOUTH WALES

Collins forced to plug the subs gap

Original article by Paul Maley
The Australian – Page: 1 & 2 : 1-Oct-18

The Federal Government has yet to sign a strategic partnering agreement with France-based Naval Group to build a new fleet of submarines. Marcus Hellyer of the Australian Strategic Policy ­Institute has warned that a delay in finalising the agreement may in turn push back the delivery date for the 12 new submarines. He says that the government may have to extend the life of the Collins-class submarines until at least the 2040s. The first of the new Shortfin Barracuda submarines is slated for delivery in the early 2030s.

CORPORATES
NAVAL GROUP, AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED, AUSTRALIA. DEPT OF DEFENCE, LOCKHEED MARTIN CORPORATION

Doubts over crackdown on black economy

Original article by Tom McIlroy
The Australian Financial Review – Page: 12 : 16-Aug-18

Keith Swan of KPMG has questioned whether a Federal Government initiative will be effective in combatting the black economy. From mid-2019, companies that tender for federal contracts worth more than $4m will have to provide a statement of tax record from the Australian Taxation Office. Swan says that amongst other things, this requirement could potentially bar companies from tendering if they have had tax disputes with the ATO in the past. He adds that newly-formed companies with no tax history may have a competitive advantage over established rivals.

CORPORATES
KPMG AUSTRALIA PTY LTD, AUSTRALIAN TAXATION OFFICE, THOMSON REUTERS PLC

Rule Britannia as UK design wins $35b frigate deal

Original article by Andrew Tillett
The Australian Financial Review – Page: 9 : 29-Jun-18

The federal government has selected UK-based BAE Systems to build Australia’s new frigates. BAE secured the $A35 billion contract ahead of Italy’s Fincantieri and Spanish company Navantia. The frigates will be known as the Hunter class and are expected to enter service in the late 2020s. Prime Minister Malcolm Turnbull has indicated that the frigate program will create 4,000 jobs, while BAE has stated that the frigates will feature up to 70 per cent Australian content.

CORPORATES
BAE SYSTEMS PLC, FINCANTIERI CANTIERI NAVALI ITALIANI SPA, NAVANTIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF DEFENCE, AUSTAL LIMITED – ASX ASB, ASC PTY LTD

Huawei hits back over security ban

Original article by Andrew Tillett, Jennifer Hewett
The Australian Financial Review – Page: 1 & 2 : 18-Jun-18

Huawei Australia directors have refuted suggestions that the Chinese telco’s participation in the construction of a 5G wireless network raises national security concerns. They have written to federal MPs arguing that Huawei supplies equipment for the mobile networks of Optus, Vodafone and TPG, and they have warned that the company could potentially withdraw from Australia if it is excluded from the 5G project. Huawei has also dismissed concerns about its links to the Chinese government, stressing that it is a privately-owned company.

CORPORATES
HUAWEI TECHNOLOGIES COMPANY LIMITED, HUAWEI TECHNOLOGIES (AUSTRALIA) PTY LTD, SINGTEL OPTUS PTY LTD, VODAFONE AUSTRALIA LIMITED, TPG TELECOM LIMITED – ASX TPM, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA CHINA BUSINESS COUNCIL, ZTE CORPORATION, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIAN LABOR PARTY

Huawei to be banned from 5G

Original article by Phillip Coorey, Angus Grigg
The Australian Financial Review – Page: 1 & 4 : 14-Jun-18

Sources have indicated that Australia’s security and defence agencies have recommended against allowing Huawei to bid for contracts to build the nation’s 5G wireless networks. The Federal Government is expected to make a decision on the 5G contracts very soon, and Huawei has previously been excluded from providing equipment for the national broadband network due to national security concerns. The Chinese telco supplies equipment for the 4G networks of Optus and Vodafone, while Huawei’s John Lord recently noted that the company employs about 750 people in Australia.

CORPORATES
HUAWEI TECHNOLOGIES COMPANY LIMITED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, SINGTEL OPTUS PTY LTD, VODAFONE AUSTRALIA LIMITED, ZTE CORPORATION, TELSTRA CORPORATION LIMITED – ASX TLS, TELEFON AB LM ERICSSON, NOKIA OY AB, ALCATEL-LUCENT, UNITED STATES. SENATE SELECT COMMITTEE ON INTELLIGENCE, UNITED STATES. NATIONAL SECURITY AGENCY, UNITED STATES. DEPT OF HOMELAND SECURITY

Boral risks ban after ‘no’ code vote

Original article by Ewin Hannan
The Australian – Page: 1 & 2 : 29-Jun-17

Two-thirds of De Martin & Gasparini (DMG) employees have rejected a new enterprise bargaining agreement for the Boral subsidiary. The EBA has been revised to ensure compliance with the Federal Government’s new building code, and it removes a number of provisions that would not comply with the code. Companies with non-compliant codes may be ineligible to tender for federally-funded construction projects, and the outcome of the secret ballot at DMG may have implications for the broader Boral business.

CORPORATES
BORAL LIMITED – ASX BLD, DE MARTIN AND GASPARINI PTY LTD, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, AUSTRALIA. DEPT OF EMPLOYMENT

ABCC bill could shut out companies

Original article by Ewin Hannan
The Australian – Page: 1 & 4 : 19-Oct-16

The Federal Government will not back down on its plan to make a national building code retrospective as part of its legislation to reinstate the Australian Building & Construction Commission. The code will apply to all enterprise agreements that have been made since 2014, and compliance with the code will be a condition of being granted federal construction contracts. However, some pattern bargaining agreements struck by the Construction, Forestry, Mining & Energy Union and the Electrical Trades Union in Victoria and Queensland would not comply with the proposed code.

CORPORATES
AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, ELECTRICAL TRADES UNION, AUSTRALIA. DEPT OF EMPLOYMENT