Business News Releases

Public hearings for inquiry into the Register of Environmental Organisations

The House of Representatives Standing Committee on the Environment will conduct two public hearings in Canberra on Tuesday, 16 June 2015 and Thursday, 18 June 2015, as part of its inquiry into the Register of Environmental Organisations.

Evidence will be heard from two of the agencies that administer not-for-profit environmental organisations, the Department of the Environment and the Australian Charities and Not-for-profits Commission.

Details of the public hearings are as follows:

Department of the Environment
Time: 4.00 pm
Date: Tuesday, 16 June 2015
Location: Committee Room 1R4, Parliament House, Canberra

Australian Charities and Not-for-profits Commission
Time: 9.30 am (approx.)
Date: Thursday, 18 June 2015
Location: Committee Room 1R4, Parliament House, Canberra

Audio from the hearings will be webcast at: http://www.aph.gov.au/News_and_Events/Watch_Parliament.

Submissions made by both organisations (submission numbers 185 and 189 respectively) are available at:  http://www.aph.gov.au/Parliamentary_Business/Committees/House/Environment/REO/Submissions.

Further details about the inquiry, including submissions received and the terms of reference, can be found on the inquiry’s website at: http://www.aph.gov.au/reo

ends

  • Created on .

Bendigo alliance to bolster VECCI’s support for regional business

VECCI Chief Executive Mark Stone said VECCI is "delighted to form an alliance with the Bendigo Business Council (BBC) and is committed to the long-term relationship and benefits for members".

"This agreement enables VECCI to enhance our reach in the local area, providing greater opportunity to develop policies that drive job creation, trade, investment and business growth in the Bendigo region," Mr Stone said.

"The alliance provides VECCI members in the Bendigo region and BBC members with a considerably expanded suite of benefits.

"We are pleased to welcome BBC members to the benefits of our VECCI Essentials membership. Benefits include access to business tools and templates, business intelligence through a range of publications and discounts on VECCI networking events, consulting services and training courses.

"We encourage VECCI members in the Bendigo region to capitalise on the BBC’s membership offerings including access to briefings and innovation forums, business promotional opportunities and discounts on BBC policy events and other functions.

"The agreement supports VECCI’s focus on regional business in the lead-up to our “Victoria Summit 2015 – Regional Victoria”. To be held in Bendigo (13-14 August 2015), the event will give regional leaders from throughout Victoria the opportunity to inform the State Government and Opposition on the policy changes needed to keep their regions growing.

"A workshop will be held in Bendigo on Tuesday 16 June, giving local businesses the chance to contribute to the Summit’s agenda.

"VECCI is delighted with this agreement that will be of great benefit to Victorian business, particularly those in the Bendigo region. For further information on the agreement or the Victoria Summit 2015, please call (03) 8662 5333 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

The Victorian Employers' Chamber of Commerce and Industry (VECCI) is the most influential business organisation in Victoria, informing and servicing more than 15,000 members, customers and clients around the state.

vecci.org.au

ends

  • Created on .

ACCC calls for comment on proposed acquisition of iiNet by TPG

 

The Australian Competition and Consumer Commission today released a Statement of Issues outlining the ACCC’s preliminary views on the proposed acquisition of iiNet Ltd (ASX:IIN) (iiNet) by TPG Telecom Ltd (ASX:TPM) (TPG).

The ACCC is seeking further information to determine whether the proposed acquisition would be likely to substantially lessen competition in the market for the supply of retail fixed broadband services.

“The proposed acquisition would combine two of the five largest suppliers of fixed broadband in Australia. The ACCC is exploring the extent to which the acquisition of iiNet will reduce competition by reducing the likely competitive tensions in respect of pricing, innovation and service quality,” ACCC Chairman Rod Sims said.

“The ACCC has received a number of submissions from consumers. Their concerns primarily focus upon fears that iiNet’s customer service levels will decline as a result of the proposed acquisition.”

“The ACCC is also considering whether the competitive constraint posed by the remaining competitors, namely Telstra, Optus, M2 and the much smaller market participants, would be sufficient to prevent a substantial lessening of competition in the supply of fixed broadband services. As a general proposition, competition is stronger when the market contains more competitors,” Mr Sims said.

The ACCC’s preliminary view is that the proposed acquisition is unlikely to raise competition concerns in other markets, including in relation to the supply of wholesale transmission (or backhaul), mobile broadband and voice services.

The Statement of Issues is not a final decision. It provides the ACCC’s preliminary views on the proposed acquisition and the lines of further inquiry that the ACCC wishes to undertake.

The ACCC invites further submissions from interested parties in response to the Statement of Issues by 2 July 2015. As a result, the ACCC’s final decision will be deferred until 20 August 2015.

The Statement of Issues is available athttp://registers.accc.gov.au/content/index.phtml/itemId/1185185/fromItemId/750991

ends

 

  • Created on .

VECCI welcomes FWC decision on annual leave management

CHIEF Executive Mark Stone says VECCI welcomes the Fair Work Commission (FWC) decision to introduce reasonable changes regarding the management of annual leave, as part of the FWC’s review of annual leave award provisions.

The announced changes mean:

  • Employers can direct an employee to take paid annual leave in circumstances where the employee holds an excessive balance of accrued annual leave.
  • Employees paid by means of EFT are able to be paid in accordance with their usual pay cycle while on paid annual leave rather than prior to commencement.
  • Employers can grant an employee leave in advance.
  • Employees are able to cash out a portion of their annual leave (provided their employer agrees) subject to a number of safeguards, including a residual balance of no less than four weeks annual leave. 

VECCI acknowledges the FWC has listened to the concerns of business in making these changes. We will continue to advocate for changes to our workplace relations system that support job growth, particularly given the fragility of our economy and persistently high unemployment, especially among young people.

The Victorian Employers' Chamber of Commerce and Industry (VECCI) is the most influential business organisation in Victoria, informing and servicing more than 15,000 members, customers and clients around the state.

vecci.org.au  

ends

  • Created on .

The pros and cons of selling uranium to India

A DEAL to sell uranium to India, with the potential for significant employment and export benefits, will be the focus of a public hearing in Canberra on Monday.

The Parliament’s Joint Treaties Committee is completing an inquiry into the deal which would see Australian uranium sold for the first time to a country that is not party to the Nuclear Non-Proliferation Agreement.

Australian Government witnesses will give evidence on the safeguards in the deal to ensure that Australian uranium is used for safe civilian purposes only and is not diverted to military programs.

Committee Chair, Wyatt Roy MP, said the deal could improve the lives of ordinary Indians by reducing energy poverty in India.

“The deal breaks new ground and the issues involved are complex.  It is important to ensure the deal is done right,” he said.

Negotiations for the sale of uranium to India began in 2006 and agreement was reached in 2014. The Government believes the deal maintains Australia’s strong commitment to nuclear nonproliferation and disarmament.

The deal has attracted criticism from some nuclear non-proliferation specialists because India is not party to the Nuclear Non-Proliferation Treaty and has been subject to external and internal criticism for its nuclear safety record.

“The committee will be undertaking a diligent and comprehensive look at the proposal to make sure all the issues are fully explored and considered,” Mr Roy said.

Public Hearing: Monday 15 June,
Committee Room 2R1,
Parliament House, Canberra,

11.30am – 1.00pm:
Australian Safeguards and Non-Proliferation Office
Department of Foreign Affairs and Trade
Australian Radiation and Nuclear Protection Agency
Department of Industry and Science

The hearings will be broadcast through: www.aph.gov.au/live

Copies of the treaties and submissions received can be found at: http://www.aph.gov.au/Parliamentary_Business/Committees/Joint/Treaties

ends

  • Created on .

Contact Us

 

PO Box 2144
MANSFIELD QLD 4122