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Unprecedented Federal Court injunction 'attacks fundamental workplace rights' - Maritime Union

WHARFIES are outraged after the Federal Court issued an interim injunction banning them from undertaking legally protected industrial action as part of their fight for a new workplace agreement, describing it as an attack on the fundamental democratic rights of all Australian workers.

The court order prevents more than 1800 workers employed at DP World Australia container terminals in Melbourne, Sydney, Brisbane and Fremantle from taking any form of legally protected industrial action until March 13, 2020.

The Maritime Union of Australia said the decision should send a shudder down the spine of all working Australians, with the Federal Court entrenching the power of foreign and local corporations and undermining the ability of workers to have any chance of standing up against workplace greed, inequality and for justice in the workplace.

The union said the decision effectively bans those fundamental traits so cherished by Australian workers, which have achieved so many gains and conditions that we continue to enjoy today, and are now all up for grabs by anti-worker legislation, courts and commissions.

MUA assistant national secretary Warren Smith said the Federal Court decision was just the latest in a long list of aggressive moves by DP World aimed at forcing workers to accept management’s demands for a new workplace agreement.

“This injunction doesn’t just prevent wharfies from taking legally protected industrial action, it is an alarming attack on democratic rights that will give companies open slather to strip all Australian workers of long held workplace conditions, which will effectively mean reduced standards of living for all,” Mr Smith said.

“In the Federal Court, DP World relied on distortions and straight-out verballing to muddy the waters in an effort to strip MUA members of their lawful right to take industrial action," he said.

“In the last year, DP World management have launched unlawful and aggressive attacks on workers’ rights, cancelling approved holidays, attempting to strip away social benefits such as income protection, sacking workers, docking pay, preventing workers from meeting with their union representatives, cancelling Christmas bonuses, and threatening the mass termination of 10 percent of the workforce.

“Our members don’t like corporate thuggery and they won’t back down to intimidation. They are willing to take the necessary steps are necessary to defend their hard-won rights and conditions from this company  and win new protections for themselves and their families," Mr Smith said.

“By using the Federal Court to strip away the democratic rights of Australian wharfies, DP World have made this the fight of every unionist and every worker in this country and around the world whose rights have just been removed in the name of corporate profit.”

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Ombudsman urges AMP to come to mediation table with planners

THE Australian Small Business and Family Enterprise Ombudsman Kate Carnell has urged AMP to formally commit to mediation, as it moves to exit up to 250 financial planning businesses.

“More than 80 AMP financial planners have approached my office in the past few months and many of them are telling us they face financial ruin as a result of AMP’s new exit terms,” Ms Carnell said..

“Many of those planners who borrowed from AMP to buy into the business at a set price, now face losing their homes and their livelihoods, as the financial institution seeks to impose a three-year restriction on working as a financial planner.

“My office has met with AMP and although they signalled they were open to mediation, they have yet to confirm their participation," she said.

“It’s critical these small business owners have clear information about their financial position before making any big decisions about their future. Mediation would be one way of providing that much-needed clarity.

“We’ve called on AMP to waive debts for those financial planners facing AMP-imposed reduced buyback values," Ms Carnell said.

“AMP has also been asked to extend its termination deadline, so that a resolution may be reached.

“Small businesses in the financial planning industry have faced a great deal of turmoil in the aftermath of the Banking Royal Commission, with hundreds of planners bearing the brunt of brutal restructures and fire sales by banks and wealth funds," she said.

“We remain concerned about a number of behaviours that may include the conduct of lookback audits, financial planning licensors shifting responsibility for client compensation payments to licencees, short notice periods provided to licencees exiting the business and restraint of trade provisions.

"Any small or family business that has been impacted by changes in the financial planning sector is encouraged to share their story," Ms Carnell said.l

E-mail This email address is being protected from spambots. You need JavaScript enabled to view it. or submit a request for assistance using the ASBFEO Online Form.

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FSC publishes submission on financial regulator reform

THE Financial Services Council (FSC) today has published its submission to the Financial Regulator Reform (No. 2) Bill 2019: Governance (FSRC Recommendations 6.9 and 6.11): Exposure Draft.

Given the recently enhanced Memorandum of Understanding between ASIC and APRA, the FSC submission outlines general support for the Bill and highlights a number of recommendations that would improve consumer outcomes and regulator accountability, for example:

  • Recommend APRA and ASIC collaborate on information, documentation and data requests and collection where reasonably practicable;
  • Failure to comply with the cooperation requirements by a Regulator should result in consequences; and
  • Given that compliance with the new obligations is to be overseen by the new Financial Regulator Oversight Authority, the Authority should commence operations at the same time as the Bill commences.

Read the submission in full: Financial Regulator Reform (No. 2) Bill 2019: Governance (FSRC Recommendations 6.9 and 6.11): Exposure Draft.

About the Financial Services Council

The Financial Services Council (FSC) has over 100 members representing Australia's retail and wholesale funds management businesses, superannuation funds, life insurers, financial advisory networks and licensed trustee companies. The industry is responsible for investing almost $3 trillion on behalf of more than 14.8 million Australians. The pool of funds under management is larger than Australia’s GDP and the capitalisation of the Australian Securities Exchange and is the fourth largest pool of managed funds in the world.

 

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ATA urges the Senate to vote ‘No’ on the Cash Ban Bill

THE Australian Taxpayers Alliance (ATA) has urged Australian Senators to vote 'No' to the Currency (Restrictions on the Use of Cash) Bill 2019, calling the banning of cash an attack on the freedoms of Australians.

A statment released by ATA policy director Emilie Dye said:

"Some incredibly insightful individuals testified at the Cash Ban hearing on Thursday. The message was clear: any restriction on cash is an attack on economic freedom. Australians should be allowed to make legal purchases with the legal tender of their choice instead of being forced onto the banking system.

"The Australian Taxpayers' Alliance, the nation's largest grassroots advocacy group, today urged the Australian Senate to listen to the voice of the people and vote no on the Currency (Restrictions on the Use of Cash) Bill 2019.

"A $10,000 restriction on the use of cash would harm small businesses, give more power to corporate banks, and would fail to restrict any criminal activities.

"Many Australians still use cash and wish to continue using this legal tender for their privacy and security. Banks and electronic payment methods are not always reliable. Look at the bushfire crisis and the thousands of Australians forced to use cash during a natural disaster. 

"Let us not forget the Royal Commission into the banking sector. Without healthy competition and restriction banks, particularly corporate banks will abuse their powers. Lower interest rates and higher bank fees hurt hardworking Australian.

"Law-abiding citizens, not lawless criminals, obey laws. Experts in Europe have proven restrictions on cash fail to impact money laundering, tax evasion, and terrorism. This bill would cost Australians dearly without addressing the problems it claims to fix.

"Ordinary Australians attempting to contribute to the economy through legal means could find themselves spending two years in jail should this bill become law."

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QRC welcomes new exploration funding

THE Queensland Resources Council has welcomed a new round funding from the State Government under its Collaborative Exploration Initiative.

QRC chief executive Ian Macfarlane said the new exploration grants were targeted at the underexplored areas in the mineral rich North West of the State.

“Globally it’s becoming more challenging to find new mineral deposits especially in the North West where resources are much deeper with dense ground cover,” Mr Macfarlane said.

“Every bit helps when it comes to exploration and these new grants can help unearth the state’s significant reserves of copper, nickel, zinc, graphite, and molybdenum and major deposits of cobalt, rhenium, scandium, tantalum, niobium, lithium, rare earths and vanadium.

“These critical minerals help support the global expansion of renewable energy, battery storage technology, the uptake of electric vehicles and state-of-the-art defence machinery," he said.

“This is more good news for the exploration industry following the release of our exploration scorecard last month which found 58 percent of explorers planned to increase or significantly increase their exploration expenditure and 92 percent of drilling companies forecasting similar or increased spending over the next 12 months.

“QRC and its sister organisation the Queensland Exploration Council fully support the work of the Collaborative Exploration Initiative which has assisted the resource industry for more than 10 years, with 58 companies and almost 50 significant mineral deposit discoveries in underexplored areas of the state, including a significant silver-lead-zinc deposit and contributions towards Australia’s largest copper-cobalt resource.”

The initiative is managed by the Geological Survey of Queensland.Applications are now open.

https://www.business.qld.gov.au/industries/mining-energy-water/resources/geoscience-information/exploration-incentives/exploration-grants

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