Business News Releases

Inquiry into food insecurity in remote Indigenous communities holds additional hearings

THE INQUIRY into food pricing and food security in remote Indigenous communities is holding further public hearings this week on Thursday October 8 and Friday October 9.

The Eon Foundation will be appearing on Thursday and the National Indigenous Australians Agency (NIAA) will appear on Friday, followed by Outback Stores.

Julian Leeser MP, Chair of the House of Representatives Indigenous Affairs Committee, said the Eon Foundation would provide valuable insights into local food production in remote areas and that the Committee looked forward to continuing its discussions with NIAA and the Commonwealth-owned Outback Stores, who appeared previously for the inquiry in June, on possible solutions to food insecurity in remote First Nations communities.

“Market gardens and other avenues for remote food production have had mixed success in the past. We look forward to discussing this with the Eon Foundation who provide nutrition and horticulture education and training to 37 communities across Western Australia and the Northern Territory," Mr Leeser said.

“Our second hearing this week with the NIAA and also with Outback Stores will allow us to further explore some practical responses and possible policy solutions to the food insecurity issues facing many Indigenous people.”

The witnesses will be appearing by videoconference or teleconference due to social distancing requirements relating to COVID-19. Full programs are available from the inquiry website.

Public hearing details

Date: Thursday, 8 October 2020
Time: 11.45am to 12.30pm AEDT
Location: Via video and teleconference

Date: Friday, 9 October 2020
Time: 9.30am to 11.45am AEDT
Location: Via video and teleconference

Audio broadcasts will be accessible at aph.gov.au/live.

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Consumer Engagement Award finalists announced

ENERGY NETWORKS putting customers at the centre of their business have been shortlisted for the 2020 Consumer Engagement Award. Shortlisted organisations include Australian Gas Infrastructure Group, AusNet Services, Evoenergy and Jemena Electricity Network.

Energy Consumers Australia Interim CEO Lynne Gallagher said the 2020 entries showed networks were taking steps on a range of engagement activities, demonstrating the maturing of consumer engagement within many businesses.

“We are seeing an uplift and commitment to working directly with customers by many network businesses, exploring new ways to deepen engagement and collaboration with consumers in the face of new challenges such as COVID-19 and extreme weather events,” Ms Gallagher said.

“The award shines a light on best practice engagement activities across the energy network sector and we hope many of these good practices become common practice by sharing knowledge across the sector.”

Energy Networks Australia CEO Andrew Dillon said the consistently high standard of entries to this year’s awards showed continual improvement by networks in their engagement practices.

“It is encouraging to see how every year networks are stepping up with new projects and engagement to deliver improved services and benefits to customers,” he said.

The winner will be announced in October. All 15 nominations will be published in a report to celebrate the consumer engagement work being done by energy networks across the nation.

The reports from last years' nominees can be accessed in the Consumer Engagement report

www.energynetworks.com.au

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CFMEU and ACA urge reforms to spark housing construction boom

THE CFMEU and the Australian Constructors Association are calling for targeted reforms to drive construction in Build-To-Rent and social housing to stimulate the economy and boost jobs ahead of the Federal Budget.

The peak construction industry groups are also warning that moves to allow people to further drawdown on their superannuation savings could weaken investment in the nation's vital construction industry as it recovers from the economic shock of the pandemic.

Reforms to enable Build-To-Rent construction projects could boost the economy by $10 billion, create up to 23,000 jobs, and build 20,000 homes over the next four years. This would help offset a continued downturn the industry is expecting in the construction of apartments and student accommodation.

Build-To-Rent is a big part of the rental market and commercial construction sector in North America, Europe and Asia which helps sustain development of large-scale affordable housing.

However, in Australia, a raft of state and federal tax rules act as a barrier to investment. In particular, the application of GST is uneven between apartments sold to individuals and apartments built to rent by the developer.

Reforming the GST rules for BTR construction projects and coordinating with the National Cabinet to reform State and Territory rules would enable investment in a range of shovel-ready projects across the country.

Along with increased social housing, these measures would provide homes for people who need them and create tens of thousands of jobs.

A recent report by construction giant and ACA member Multiplex estimates that changes to the rules around GST and other tax measures on Build-to-Rent projects would boost the Australian economy by up to $10b, potentially create 23,000 jobs, and build 20,000 new home around the country over the next four years.

The Federal Government can also enact reforms that give the green light to Australia's $2 trillion superannuation sector to more easily invest in nation-building stimulus projects such as the construction of Build-To-Rent homes and social housing.

The Federal Government must also be wary of the unintended consequences of encouraging further drawdowns on people's retirement savings, which could affect the capacity of super funds to invest in non-liquid assets like the large-scale construction projects the economy will need in coming years.

In particular, the use of superannuation for housing deposits is poor public policy and goes against the concept of super as a long-term investment for people's retirement security.

The construction industry has worked hard to maintain its role as a principle driver of the Australian economy through the pandemic crisis. Builders and unions have worked together in the national interest to keep the industry going, to keep people in jobs, and to ensure that construction maintains its role at the heart of our economy.

The government can assist by enacting these reforms that will free up investment to boost the industry and help build the homes that the Australian people need.

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QRC welcomes Premier's 'no deals' promise ruling out power-sharing with Greens

THE Queensland Resources Council has welcomed Premier Annastacia Palaszczuk’s promise to 'no deals', ruling out a power-sharing alliance with the Greens to stay in office after the October 31 State Election.

QRC chief executive Ian Macfarlane said while the QRC would continue to warn Queenslanders about the risk to jobs of voting for or preferencing the Greens right up until 6pm on election night, the Premier’s promise – ruling out a Labor-Greens alliance in government - was "very welcome news for the resources sector and for Queensland".

“The Greens have made it clear they are against new mining projects and want to put an end to the existing mining and gas industry, terminate existing mining leases in the Galilee Basin and increase royalty taxes on resources, which will stop future jobs being created,” Mr Macfarlane said.

“Queensland needs the resources sector and the 372,000 jobs it supports more than ever during its recovery from COVID-19. The Greens want to stop jobs in our sector and others,” he said.

“We cannot afford to surrender jobs when tens of thousands of Queensland men and women are out of work and unemployment is forecast to keep rising to 9 percent later this year.”

Queensland’s resources industry contributed $63 billion in export dollars to the state economy last year and $5.3 billion in royalty taxes to help fund government services such as nurses, doctors, teachers, roads, schools and hospital and health facilities throughout the state.

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Builders back apprentice wage subsidy boost

THE Federal Government’s $1.2 billion commitment to support 100,000 new apprentices or trainees will boost opportunities for young people and business confidence in the building and construction industry, according to Master Builders Australia CEO Denita Wawn.

"Young people and building and construction businesses will be big winners from this new 50 percent wage subsidy,” Ms Wawn said.

“The confidence of building and construction businesses to take on apprentices has been further shaken by the COVID crisis and the Federal Government’s move help will sure up their commitment to invest in the future of their business and the future building industry workforce.

“We know that the building and construction industry takes substantially longer than the rest of the economy to recover from economic down turn and this 50 percent wage subsidy will give confidence to our sector that it can sustainably continue training its future workforce,” Ms Wawn said.

“Our members need confidence that they can and should continue to invest in the future capacity of their businesses despite the dramatic collapse in demand that we currently witnessing, and anticipate will worsen, particularly over the next 12 months.

“This $1.2 billion investment by the Government is undoubtedly good news but its effectiveness will be blunted without further stimulus to support and activate demand for building and construction services,” Ms Wawn said.

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QRC urges Queenslanders to vote for COVID-19 recovery – jobs first, Greens last

THE Queensland Resources Council is urging voters at this month’s state election to back a strong economic recovery post-COVID by putting job security first and the Greens last on their ballot paper.

With COVID-19 predicted to put tens of thousands more Queenslanders out of work and unemployment expected to peak at 9 per cent, QRC chief executive Ian Macfarlane said it was vital for people to vote for candidates who support the resources sector and the jobs it creates.

“Now is not the time to risk a single job in Queensland by voting for the Greens or by putting them anywhere but last on your ballot paper,” Mr Macfarlane said.

“The Greens have made it clear they are against new mining projects and want to put an end to the existing mining and gas industry, terminate existing mining leases in the Galilee Basin, and increase royalty taxes on resources, effectively stopping future jobs being created.

“The Greens want to shut the resources sector down and put hundreds of thousands of people and almost 15,000 small businesses out of work.”

The QRC today launched a campaign to urge voters to put their job first and vote the Greens last.

Mr Macfarlane said it was time for voters to “plan for the worst and hope for the best” by making job security and Queensland’s financial stability top priority at the October 31 election.

“Make no mistake, there are grim times ahead for many people and businesses in Queensland because of COVID-19. No industry is immune, including the resources sector, and none of us know how much longer this pandemic will affect the global economy.”

Mr Macfarlane said if people want to protect their job and keep the Queensland economy strong, they need to put the Greens last on their ballot paper so they don’t unintentionally vote in a minority government controlled by the Greens.

 “If the Greens get into a position of influence in Queensland, it will be a disaster for the resources industry and for the 372,000 people employed in our sector and the 14,400 businesses that depend on us," Mr Macfarlane.

“The Greens also want to shut down jobs in farming, tourism, forestry and fishing which are all essential industries for post-COVID recovery and job-creation, particularly in regional Queensland.”

Mr Macfarlane said the QRC will work constructively with whoever wins government to ensure the mining and gas industry continues to be in a position to underpin the state economy.

“We’re extremely lucky to live in such a resource-rich state, so we’re asking voters not to jeopardise our strong position compared to other states and countries by supporting a party or a person that doesn’t support Queensland’s number one export industry,” he said.

“Without mining and gas holding up the state economy right now, Queensland would be in dire financial straits. The Greens’ anti-mining and anti-gas policy will end up costing Queensland jobs and money that we can’t afford to lose.”

Queensland’s resources industry contributed $63 billion in export dollars to the state economy last year and $5.3 billion in royalty taxes to help fund government services such as nurses, doctors, teachers, roads, schools and hospital and health facilities throughout the state.

www.qrc.org.au

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Contact Harald trace technology supports fight against large COVID-19 outbreaks

WITH NEWS this week that the Victorian State Government is keen to return Melbourne to COVID-normal, a quarter of the workforce in high-risk industries such as abattoirs and supermarkets will be tested for COVID-19 regardless of whether they have symptoms or not[i].

With the Victorian Government wanting to drive up testing rates as case numbers decline, it’s an important opportunity for businesses to consider how they will manage their staff – and their ongoing health and wellbeing - and the potential risk of Coronavirus as the country moves through the second wave of the pandemic.

“Using a business based contact tracing system delivers a greater level of confidence for both the employer and its employees to feel safe within their working environment, to know that should a positive case of COVID-19 be detected, its impact and spread will be managed and minimised,” said Elissa Reid, director of product and safety at Contact Harald.

She said contact tracing solution Contact Harald provides this simple line of defence for Australian businesses operating in high-risk industries, allowing them to manage infections swiftly, and prevent an entire business closure in the event that a staff member becomes unwell.

“At a tipping point in time, where we aim to return the country to a place of normality, what matters most isn’t just the amount of testing, but the speed of communication and tracing to minimise further spread,” Ms Reid said.

When Melbourne was forced into lockdown again in late June, Melbourne business Koko Black felt the pinch immediately, and went on the lookout for technology that would help it operate more safely for staff and safeguard its business continuity.

CEO Nick Georges went on the hunt for a product that would ensure they could manage any outbreak in the lead up to their busiest time of the year, after trialling several devices, they landed on Contact Harald.

Contact Harald gave us the confidence that as we get closer to Christmas, we’re not going to have an event that pushes us off the rails. Even the staff have more confidence; seeing this tool and the company’s diligence has had a very positive impact,” Mr Georges said.

Using wearable, stand-alone card technology and operating on low-energy Bluetooth technology, Contact Harald provides businesses with the confidence to safely manage their staff’s health by recording card-to-card interactions within a defined facility, Ms Reid said. Contact Harald cleverly determines when two people have been in close proximity of each other within certain set time limits, allowing for easier, faster detection.

Should an individual become unwell, the data stored on the card issued to them while on-site is flagged within the system, automatically matching data to other cards active in the worksite active at the same time. This allows businesses to manage potential health risks, and immediately identify and alert staff to take swift action to isolate, get tested and better manage the health of their own immediate contacts outside of the business.

“Naturally, privacy is a major issue for both businesses and their staff members, so confidentiality was a key focus in the development of Contact Harald,” Ms Reid said. No personal information is stored on a Contact Harald card, giving both businesses and staff members peace of mind that both their health and their privacy is being protected.”

[i] Ref 1: https://www.theage.com.au/national/victoria/one-in-four-workers-in-supermarkets-abattoirs-to-be-tested-each-week-20200929-p560bm.html

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Taking the Talktober challenge - IPA backs The Male Hug

THE Institute of Public Accountants (IPA) said it was proud to support The Male Hug, a dedicated men’s mental health organisation founded by IPA member, Tony Rabah.

“We congratulate Tony Rabah and The Male Hug team for such an important initiative in getting men to talk about issues that may be impacting their mental health and wellbeing,” IPA chief executive officer Andrew Conway said.

“I am also pleased to be an ambassador for The Male Hug organisation and its new initiative, Talktober, where I and others taking up the Talktober challenge are committed to call at least one male each day for the month of October.

“The timing is also perfect as it coincides with World Mental Health month,” said Mr Conway.

Founder and CEO of the Male Hug, Tony Rabah, said men were vulnerable to mental illness because of the inherent belief and conditioning that they "just have to ‘suck it up’ and get on with it".

“The COVID-19 pandemic has been devastating and so many men are doing it tough; many have lost their jobs, closed their doors or are just struggling through on a day-to-day basis, unsure of where there next customer is coming from," Mr Rabah said.

“The Male Hug is encouraging men from all fields to not hold feeling or emotions back and to talk to someone.  We would rather a person join our Let’s Chat Buddy Program, than to suffer in silence feeling alone and desperate,” Mr Rabah said.

For more information about The Male Hug and the Talktober challenge go to www.themalehug.com.au or www.themalehug.com.au/talktober

 

About the Institute of Public Accountants

The IPA, formed in 1923, is one of Australia’s three legally recognised professional accounting bodies.  In late 2014, the IPA acquired the Institute of Financial Accountants in the UK and formed the IPA Group, with more than 38,000 members and students in over 80 countries.  The IPA Group is the largest SME focused accountancy organisation in the world. The IPA is a member of the International Federation of Accountants, the Accounting Professional and Ethical Standards Board and the Confederation of Asian and Pacific Accountants. www.publicaccountants.org.au

About The Male Hug

The Male Hug is an initiative that seeks to raise the awareness of men’s mental health and promote the open dialogue of this often-sensitive issue. Mental health is an issue that is becoming more prevalent but continues to find degrees of negative stigma associated with it, particularly amongst men. The Male Hug seeks to tackle the stigma associated with men’s mental health as it looks to take its place as a support service for men by providing support and encouraging men to talk in a safe and friendly environment that is free of judgement.

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CFMMEU officials penalised $282k over Palmerston Police Station intimidation

THE Federal Court has penalised the CFMMEU and three of its officials $282,200 for attempting to shut down construction at the Palmerston Police Station site in May 2018.

At the time, the three CFMMEU officials demanded work stop on the $30 million law and order and community safety facility.

The Court found that when NT Worksafe officers arrived at the site, two of the CFMMEU officials – Arturo Menon and Roland Cummins – behaved in an improper manner towards the officers.

In attempting to shut the site down Mr Menon falsely told workers they were entitled to go home on full pay.

In commenting on Mr Menon’s improper conduct towards the WorkSafe inspectors, Justice White said, “Such officers should be able to discharge their duties without being subject to aggression or any form of intimidation.” 

Justice White also aaid of the three CFMMEU officials, "They could have addressed those safety concerns with civility, without engaging in foul-mouthed language, without making threats, and without making statements which were false or misleading. Their improper conduct arises from the way in which they chose to deal with the matters of concern.

“There is no evidence of any contrition or regret by any of the respondents for their conduct. Apart from the formal admissions in the pleadings, there has been no acknowledgement by any of the respondents of the wrongfulness of their conduct.”

Justice White also commented on the behaviour of the CFMMEU, “…The very persistence of the CFMMEU in the course of conduct indicates that its contraventions should be viewed seriously. This is reinforced by the fact that it sought by its course of conduct to achieve its objective of closing the site by multiple means over an extended period. In addition, for the reasons given earlier, account is to be taken of the additional gravity of the conduct of the CFMMEU by reason of the increased culpability of its contraventions indicated by its long history of prior contraventions."

ABCC commissioner Stephen McBurney said it was imperative that independent WorkSafe inspectors who had responsibility to regulate the health and safety on building and construction sites were permitted to carry out their important work free from aggression and intimidation.

“The facts in this case highlight just how inappropriate it is for union officials to threaten the contractor and its employees in an attempt to force their will upon them,” Mr McBurney said. 

“Regrettably, this is not an isolated case, it is the continuation of a pattern of behaviour replicated now in every State and Territory in Australia. Since the commencement of the current iteration of the ABCC on 2 December 2016, the courts have imposed penalties of $10,682,595 on the CFMMEU, its officials and representatives for 1459 contraventions of the law. [see below table]

“Many of these cases have been characterised by a lack of contrition and remorse, with no indication of an intention to address or rectify this unlawful behaviour.

“The obvious conclusion to be drawn from the history of contravening is that the unlawful conduct has occurred with the sanction and endorsement of the leadership of the CFMMEU across the country.”

State

Contraventions Found

Penalties Imposed

VIC

200

$2,999,200

NSW

148

$2,866,200

QLD

906

$2,768,505

WA

34

$573,600

TAS

18

$394,500

SA

30

$384,040

ACT

28

$361,100

NT

95

$335,450

Total

1459

$10,682,595

 

Penalties

CFMMEU

$260,000

Arturo Menon

$10,700

Roland Cummins

$6,300

Paul Taylor

$5,200

Total

$282,200

 

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Helping builders and tradies staring down barrel of destruction

Master Builders Australia has commended the Federal Government’s expansion of the First Home Loan Deposit Scheme.

Denita Wawn, CEO of Master Builders Australia said, “The scheme is a proven success story. Expanding it for new homes ticks all the right boxes to help us build our way to economic recovery.

“Thousands of small builders and tradies are staring down the barrel of destruction. This move by the government is going to help save jobs and keep businesses afloat.

“Boosting home ownership and residential building activity are among the most effective ways to fire up aggregate demand, which is exactly what we need right now,” Ms Wawn said.

“Helping people overcome the deposit gap so they can achieve home ownership is important now more than ever.

“It is the single most effective way of building financial security which is fundamental to people’s mental and physical wellbeing,” Ms Wawn said.

“Master Builders Australia called for the government to make this move it in its Pre-Budget Submission and today’s announcement proves that they are listening.

“That’s because expanding this scheme, particularly when combined with HomeBuilder and less restrictive mortgage lending rules, can help the country build its way out of recession,” Ms Wawn said.

“Home building has the second largest multiplier effect in the economy through its supply chain. The building industry is deeply integrated into the economic fabric of this country, more building means more growth and more jobs."

www.masterbuilders.com.au

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Loss carry back scheme would boost otherwise profitable businesses

THE Australian Small Business and Family Enterprise Ombudsman Kate Carnell said formerly profitable small businesses impacted by the COVID crisis would get a much-needed cash flow boost if loss carry-back tax provisions were re-introduced.

The Ombudsman’s comments follow media reports the Federal Government is considering an OECD recommendation to implement a loss carry-back provision for usually profitable businesses that will report a loss this year due to the pandemic-induced economic downturn.

“This is a tax initiative that would result in tangible benefits for small businesses that would have otherwise been profitable if not for harsh trading restrictions and lockdowns,” Ms Carnell said.

“It effectively allows a small business that has paid tax on profits in previous years to claim back that tax offset a loss in the current year.

“This has been adopted by other countries such as the US, Japan, New Zealand, Germany and Belgium and was previously introduced for a short time by the Gillard Government.

“When it was first introduced in 2012, the Institute of Public Accountants (IPA) said the loss carry-back measure would benefit 110,000 Australian businesses.

“Unfortunately the provision was scrapped in 2013 with the repeal of the Mineral Resource Rent Tax, despite being recommended by the Henry Tax Review.

“While we haven’t seen the detail on this proposal as yet, the OECD is recommending Australia introduce the loss carry-back provision to mitigate the damage inflicted on businesses that were previously profitable," Ms Carnell said.

“Generally speaking, the Federal Government has an opportunity to implement tax reforms now that will support the small business sector grow and hire to restart the economy.

“Our COVID-19 Recovery Plan outlines a number of additional recommendations to build economic confidence, including a range of taxation reforms.”

www.asbfeo.gov.au

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