Business News Releases

Free tram initiative continues to neglect tourism needs

 

THE Victoria Tourism Industry Council (VTIC) has criticised the State Government for failing to include many of Melbourne’s centrally located tourist attractions in its Free Tram Zone.

“The tourism industry is disappointed that this latest announcement regarding the Free Tram Zone once again excludes many key attractions that are vital to our visitor economy,” said VTIC Chief Executive Dianne Smith.

“VTIC supports the Free Tram Zone initiative, but we have recommended to the State Government that the zone must be expanded and we will continue to advocate for this change for the good of the tourism industry.”

Excluded sites include:

- Melbourne Museum

- Melbourne Cricket Ground

- Melbourne Convention and Exhibition Centre

- Southbank precinct including Eureka Skydeck and the Crown Complex

- Victoria Arts Centre

- National Gallery of Victoria 

“Public transport in Melbourne plays a key role in facilitating tourism, supporting visitation to key venues and providing a smooth travel experience within our city. This is a golden opportunity to significantly improve the visitor experience and grow the tourism economy, so we will continue to urge the State Government to commit to making this change,” said Ms Smith.

Ms Smith’s comments come as the State Government unveils the signage that will be used to alert passengers that they are within the transport zone where they can travel on trams free of charge.

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The Victoria Tourism Industry Council (VTIC) is the peak body for Victoria’s tourism and events industry, providing one united industry voice. Tourism and events are growth industries for Victoria and contribute $19.6 billion to the state economy each year and employ more than 200,000 people.

vtic.com.au

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ARA welcomes Draft Competition Policy Review Report

 

PEAK retail industry body the Australian Retailers Association (ARA) today welcomed the Harper Competition Review Draft Report.

ARA Executive Director Russell Zimmerman said that this is the first comprehensive review of Australia’s competition law, policy and institutional framework in 20 years.

“The ARA is hopeful that this review will help identify ways to build the economy and promote investment, growth, job creation and durable benefits to consumers and retailers alike.

“We certainly welcome the panel’s view that there is a need to reinvigorate Australia’s competition policy, and ensure that competition policy evolves.

“We were pleased to see the issue of trading hours brought to attention - as long as retailers are not forced to open by landlords if not profitable.

“It was also pleasing to see commentary about the effects test and the ARA will be putting forward a submission in relation to these areas before November to the Competition Policy Review committee,” Mr Zimmerman said.

Since 1903, the Australian Retailers Association (ARA) has been the peak industry body representing Australia’s $265 billion retail sector, which employs over 1.2 million people. The ARA ensures retail success by informing, protecting, advocating, educating and saving money for its 5,000 independent and national retail members throughout Australia.

Visit www.retail.org.au or call 1300 368 041.

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CSIRO to uncover insights into mining future at IMARC 2014

KEY insights into the future of mining at a national and global level will be presented by Australia’s national science agency – CSIRO –  at the International Mining and Resources Conference (IMARC 2014) in Melbourne next week (September 22-26).

CSIRO Chief Executive Megan Clark will provide IMARC delegates with a glimpse of mining in 2025 by describing the innovations, megatrends and technologies that will reshape the mining sector as part of an ‘incoming revolution’ (Tues 23 September).

The future of mining in Chile in the context of these global megatrends will be discussed at IMARC (Thursday 25 Sept) by Executive Director of CSIRO Chile Dr Orlando Jimenez.

CSIRO will release national citizen survey reports and data portals for Australia and Chile which will provide new insights into how the mining industry is perceived in each nation and what steps may be needed to sustain community support, acceptance and the ‘social licence to operate’ into the future (Tuesday 26 September).

IMARC participants will have the opportunity to hear from CSIRO’s Mineral Resources Flagship Director Jonathan Law about the key role of innovation in driving much-needed improvements in mining, mineral exploration and processing productivity.

Proving the point that ‘money does grow on trees’, CSIRO research geochemist Dr Mel Lintern will showcase the scientific method used to find gold in gum trees and now being applied for prospecting  in an area of Western Australian Mulga country the size of Greece. (Monday 22 September).

The trade exhibition at IMARC will include further information about a wide range of CSIRO productivity innovations and solutions across the value chain.

Highlights:

Gold in gum leaves and Mulga country – Dr Mel Lintern – Monday 22 September.
Attitudes to mining report release – Dr Kieren Moffat – Tuesday 23 September.
Innovation to drive productivity – Jonathan Law - Wednesday 24-Thursday 25 September.
Future of mining in Chile – Dr Orlando Jimenez - Thursday 25 September.

www.csiro.au

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Reef 2050 plan charts course for healthy future

THE REEF 2050 Long-Term Sustainability Plan launched today by the Australian and Queensland governments charts the course to progressively restore the health of the Great Barrier Reef over the coming decades. 

Queensland Resources Council Chief Executive Michael Roche said the action plan identifies the vital steps that must be taken in the next five years and beyond to protect the reef for future generations.

‘The Queensland Resources Council has been proud to be representing the resources sector in helping to develop this landmark Reef 2050 plan that will set a new course for turning around the health of our majestic reef,’ Mr Roche said. 

‘Achieving this ambition for the Reef cannot rely on governments alone. It will only be achievable with significant leadership and involvement from industry and all sectors of the community,’ Mr Roche said.

Reef 2050 is a comprehensive action plan that has been put together under the leadership of the Australian and Queensland governments, working with a Partnership Group comprising stakeholder representatives from the resources, ports, tourism, fishing, agriculture, Indigenous, local government, research and conservation sectors, Mr Roche said.

‘The contribution of the resources sector and its partner the ports sector, to the Reef 2050 actions and commitments is a substantial one, encompassing actions involving water quality monitoring and reporting, port development and dredging management strategies and commitments to using ships and ship crews that have been independently vetted for their quality,’ Mr Roche said.

‘In addition to these Reef 2050 actions, the resources industry expects to spend $250 million over the next 5 years on Reef-related environmental programs. 

‘We are part of a team that is working together to help turn around the health of the reef and I am pleased to say that many of the activities to improve the reef’s resilience are already well underway and achieving measurable gains,’ Mr Roche said.

www.qrc.org.au

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Mining subsidies exposed as a sham - QRC

A REPORT by an anti-mining 'think tank' claiming that the Australian resources sector was ripping money from state and territory government coffers has been exposed as nothing more than sham.

The Australia Institute, a founding member of the anti-coal and gas movement, released a report in June claiming that state and Territory governments across Australia were subsidising the Australian resources sector to the tune of $17.6 billion over a six year period between 2008/09 and 2013/14 .

An independent analysis by a former head of the New South Wales Treasury, Michael Schur, has revealed fundamental errors in a report that was designed to deceive the public into thinking state governments were funding the Australia's resources sector instead of vital public services.

Queensland Resources Council Chief Executive Michael Roche said it was no surprise the report by The Australia Institute, called Mining the Age of Entitlement, was deeply flawed.

‘The litany of errors that peppers the report are obvious,’ Mr Roche said.

‘The bulk of the expenditure claimed as a subsidy, $10.3 billion, is associated with the commercial provision of rail, port, water and electricity services and infrastructure from which the government generates significant income.

‘In addition, $3.7 billion in capital expenditure claimed as a ‘subsidy’ was spent by the government on items such as roads.

‘The TAI incorrectly asserts that capital expenditure on road projects associated with the resources sector constitutes a subsidy. Roads are funded largely through general taxation and are available to all vehicles whether private or business.

‘The remaining investments—comprising about 20 percent or $3.6 billion—aren’t associated with the mining and resources sector at all and appear to have been incorrectly categorised.’

‘There are a lot of very effective campaigns from anti-mining activists who want to shut down the fossil fuel industry in Australia, but this effort by the TAI takes the cake.’

Mr Schur, Managing director of Castalia Strategic Advisors, who undertook the report, said TAI's claims in its report were based on a flawed analytical framework and were, in the main, unfounded. 

‘Behaving commercially is mandatory for government-owned businesses - or public trading enterprises - it is embedded in the legal, policy and institutional frameworks by which they are governed,’ Mr Schur said.

‘All their expenditure is by definition therefore commercial, and cannot be a subsidy to the mining and resources sector.

‘Inexplicably, The Australia Institute claims that about $1 billion in Queensland passenger rail concessions are somehow a subsidy to the mining and resources sector and no logical reason is provided as to why this may be so,’ he said.

Mr Roche said TAI report was remarkable for turning out an instant collection of howlers asserting so-called subsidies such as:

A barge landing at Aurukun (there is no mine at Aurukun)
The capital cost of expanding the Meandu coal mine (supplying Tarong Power Station) is being recovered through electricity charges. The government owns the mine and the power station.
Rail infrastructure concessions totalling more than $1 billion over 2012-13 and 2013-14 were not for the benefit of resources companies (who pay full commercial rates for track use and freight services) but essentially a budget subsidy for passenger transport and unprofitable regional freight services.

‘Last financial year, resources sector companies spent almost $38 billion in Queensland on wages, goods and services and communities.

‘That direct spending injection is calculated to have generated total spending of $76 billion – one quarter of the state’s economy.’

A copy of the Castalia report can be found on the QRC website. 


Watch on Vimeo - Michael Roche in response to The Australia Institute’s report that has been exposed as a sham:  

QRCMichaelRocheTAIreport from QRC on Vimeo.



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