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Walking away from traffic congestion in Melbourne

MELBOURNE’s economy is only as strong as its transportation system is efficient. Businesses rely on the free movement of freight and people into the CBD and around the city for work, to access services and for tourism.

The House Standing Committee on Infrastructure, Transport and Cities will consider the Australian Government’s role in delivering transport infrastructure critical to Melbourne’s global competitiveness at a public hearing in Melbourne on Tuesday. The hearing is part of a broader inquiry into the Australian Government’s role in the development of cities.  

The Committee would like to discuss strategies to boost the delivery of active and public transportation.

There is strong recognition amongst submitters to the inquiry that public and active modes of transport, like light rail, walking and cycling, can relieve traffic congesting major transit routes into the city.

However, some submitters have been critical of the cost benefit analysis process which informs Australia’s transport infrastructure investment decisions. They suggest that processes may not adequately factor in the congestion relief and health gains delivered by these modes.

In its submission to the inquiry, the Australian Cycling Promotion Foundation argued that the “provision of roads for motor vehicles is also extremely expensive given the low density of vehicles that use traffic lanes compared to other modes”.

It recommended that, “mode-agnostic cost benefit analysis is undertaken on all major transport projects to ensure decisions are made on an objective value for money basis”.

 

Public hearing details: 9.00 am – 2.30 pm, Tuesday, 21 November 2017, Meeting Room G3, 55 St Andrews Place, East Melbourne

9.00 am:               City of BallaratRegional Capitals AustraliaLatrobe City Council

10.40 am:             Roads AustraliaInner Melbourne Planning AllianceHale Infra Strategy Pty LtdTown and Country Planning Association

12.50 pm:            Heart FoundationAustralian Cycling Promotion FoundationCentre for Research Excellence in Healthy Liveable Communities, RMIT

2.30 pm: Close

The hearing will be broadcast live at aph.gov.au/live

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Fair Work Ombudsman targets businesses in Melbourne’s inner eastern suburbs

THE Fair Work Ombudsman’s latest proactive compliance and education campaign is targeting at least 200 businesses in Melbourne’s inner east.

Fair Work Inspectors are checking wage and time records of a cross-section of businesses in Hawthorn, Kew, Camberwell, Doncaster and surrounding suburbs to ensure that they are complying with their workplace obligations.

The region is being targeted primarily due to the vulnerability of its workforce, with the large numbers of young workers and a significant culturally and linguistically diverse community. Thirty-one per cent of the population speaks a language other than English at home.

Fair Work Ombudsman Natalie James said that young workers in particular are overrepresented in the disputes her agency deals with relating to the area.

“Around one-fifth of the workforce in Melbourne’s inner east is aged between 15-24, yet this cohort makes up almost 30 per cent of the disputes we receive from this area,” Ms James said.

This ranks the region ninth in the country in terms of the proportion of disputes received from young workers. Most of these disputes relate to the cafe, restaurant and takeaway foods sectors.

“Young workers can be particularly vulnerable to exploitation in the workplace due to their lack of work experience and limited understanding of their workplace entitlements,” Ms James said.

With the region projected to experience strong growth over coming years, the Fair Work Ombudsman’s proactive compliance activities will also help to ensure that new businesses entering the labour market fully understand and comply with workplace laws.

Businesses across a range of industries will be audited, including those in the retail trade, accommodation and food services and education and training industries.

Last financial year, the Fair Work Ombudsman received 244 disputes from Melbourne’s inner east region. The agency recovered more than $530,000 for 141 workers in the region during the same period.

“Our proactive compliance and education activities ensure that employers know how to access the advice and information they need,” Ms James said.

“With the wealth of information freely available about workplace rights and obligations, there are no excuses for businesses to not be providing their workers with their lawful pay and entitlements.”

Ms James said inspectors would be on the lookout for any instances of non-compliance and will take appropriate action in response to any identified breaches.

“We have a range of tools at our disposal, from letters of caution and on-the-spot fines to litigation in the courts for the most serious cases,” Ms James said.

“With maximum penalties for certain workplace contraventions recently increasing by up to ten times, employers must be aware that serious breaches of the law can expose them to big fines.

“Employers should be on notice that they cannot get away with deliberately flouting workplace laws.”

The Fair Work Ombudsman offers a range of free tools and resources for employers at www.fairwork.gov.au, including the Pay and Conditions Tool (PACT) to assist business owners to calculate applicable pay rates and templates for pay slips and time-and-wages sheets.

www.fairwork.gov.au

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Racing Queensland welcomes Tribunal ruling on Tabcorp-Tatts

RACING Queensland has welcomed a ruling from the Australian Competition Tribunal granting authority for the Tabcorp combination with Tatts Group.

The Full Federal Court had previously set aside an earlier determination from the Tribunal and sent the matter back to the Tribunal for reconsideration.

The ACCC had sought a review when the Tribunal granted authorisation for Tabcorp to acquire Tatts Group in June 2017.

In a statement this morning the Tribunal said "it has reconsidered the evidence, in relation to both anti-competitive detriment and public benefit, and concluded that the merger is likely to result in such benefit that it should be permitted to proceed".

RQ CEO Eliot Forbes had previously welcomed the proposed combination saying it would deliver greater certainty for the Queensland Racing Industry.

“I look forward to working with Tabcorp to grow and enhance the Queensland racing industry," dDr Forbes said. "We have a deed of understanding with Tabcorp that will bring meaningful benefits to racing in Queensland.

“That deed will result in an increase in capital investment in the Queensland wagering business (currently UBET) across retail and on-course wagering facilities, as well as increased investment in technology, sponsorships and marketing.”

The Tribunal expects to publish its reasons in full on Wednesday, November 22.

www.racingqueensland.com.au

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Boosting business in Geelong

MELCBOURNE is not the only city grappling with urban sprawl. With stronger population growth than all other regional Victorian municipalities combined, Geelong is rapidly expanding into new greenfield, master-planned communities in Armstrong Creek, Batesford South and Lovely Banks.

The House Standing Committee on Infrastructure, Transport and Cities will visit Victoria’s second city on Monday to discuss strategies to ensure these new communities have access to critical community infrastructure and employment opportunities in a timely manner.

The Committee is conducting a public hearing at City Hall as part of its inquiry into the Australian Government’s role in the development of cities.

It will discuss ways Australia’s regional cities can learn from capital cities’ experiences in accommodating much larger populations. It would like to see regional centres cultivate employment opportunities in new master-planned neighbourhoods, to minimise car dependency and avoid the congestion issues plaguing capital cities.

In its submission to the inquiry, the City of Greater Geelong said, “planning for population growth in the [region] has included planning for employment nodes and access to jobs”.

“It is critical to the Geelong region that as we grow in population that this is supported by growth in jobs.”

“Federal government support in investment attraction and funding for significant infrastructure can provide critical leverages to enable private investment in regional centres and assist in promoting the competitive advantage of regional locations for business.”

Further information on the inquiry, including the full terms of reference, is available on the Committee website.

 

Public hearing details: 9.00 am – 3.00 pm, Monday, 20 November 2017, Council Chamber Room, City Hall, 30 Gheringhap Street, Geelong

9.00 am: G21 – Geelong Region AllianceCommittee for GeelongCity of Greater Geelong, Geelong Chamber of Commerce

10.40 am: Wyndham City CouncilHorsham Rural City CouncilLeadWest

12.50 pm: Regional Development Australia – Barwon South West Committee, Barwon Regional Partnership, Urban Development Institute of Australia - Geelong Region Committee

2.10 pm: Professor Louise Johnson, Deakin University, Mr Todd Denham, UN Global Compact Cities Programme

3.00 pm: Close

The hearing will be broadcast live at aph.gov.au/live

Interested members of the public may wish to track the committee via the website

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Small business sector welcomes fair contracts law

THE Australian small business sector has embraced and welcomed legislation that protects them from unfair contracts.

Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, said a recent survey showed high awareness among small business operators of the unfair contract terms (UCT) legislation, which has now been in force for one year.

The East & Partners SME survey* of 1280 businesses showed 49.6 per cent had relied on the UCT legislation to negotiate fairer terms in the previous six months and the awareness level was 78.2 per cent.

“There is no doubt this protection was badly needed,” Ms Carnell said.

“Protections for consumers were introduced as part of the broader Australian Consumer Law and fully implemented in 2011.

“From 12 November 2016, the unfair contract terms law was extended to cover standard form small business contracts.

“Regulators have been enforcing the law and small businesses have welcomed the protection.”

Ms Carnell said her office had handled more than 20 assistance cases involving unfair contracts.

One example involved a standard form commercial lease.

“With the assistance of my office, the small business was able to negotiate removal of potentially unfair contract terms in the agreement,” Ms Carnell said.

Earlier this year, the Ombudsman worked with ASIC and the big-four banks to ensure small business loan contracts were fair and easier to understand.

“This means that banks can no longer unilaterally vary a contract,” she said.

“They no longer have the power to terminate a loan for an unspecified negative change in the circumstances of the customer.”

Ms Carnell said she was encouraged that most big businesses understood their obligations and had acted to ensure compliance.

“I wrote to Amazon recently to ensure their Australian contracts conform with the legislation and received a positive response. I’ve also written to Ali Baba along similar lines,” she said.

“After a Federal Court ruling against the contracts used by JJ Richards I wrote to other waste management companies and received assurances of their compliance.

“If a court finds that a term in a standard form contract is unfair, the term is void. This means that the term is treated as if it never existed.

“The effect of this legislation has been to level the playing field for small business in dealings with large entities that have much greater financial power.”

Small business operators who believe that contract terms are unfair can contact the Ombudsman’s office for assistance, phone 1300 650 460.

 

* The question was asked as part of the East & Partners SME Transaction Banking survey, which examines and forecasts demand for transaction banking product lines and service offerings within Australia’s Small to Medium Enterprise (SME) segment (A$1-20 million turnover per annum).

 

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Australia to host a unique new aid-for-trade program to assist women entrepreneurs

THE Export Council of Australia (ECA), in partnership with the Department of Foreign Affairs and Trade and Australia Awards, are hosting a delegation of female small business owners from across the Pacific in Australia from 12-24 November.

Lisa McAuley, CEO of the ECA said, “Given the contribution made by SMEs to job creation, programs that foster their growth can help raise incomes and reduce poverty in developing countries. Supporting developing countries to trade and prosper will ultimately benefit Australia’s trade and investment opportunities.”

The “Australia Awards: Women Trading Globally” course has been designed under the Aid for Trade initiative to assist small business owners from the Pacific to develop the capabilities needed to open their businesses to new international markets, as well as connect with other women entrepreneurs in Australia.

The program consists of one week of training in Brisbane, and one week of training in Sydney and is the first of its kind to be supported by the Australian government.

“In supporting the engagement of developing market SMEs into trade-based economic flows, Aid for Trade assists in ensuring the overall health and sustainability of global supply chains, and serves as a mechanism for encouraging sustainable sourcing, good governance, labour and child safety, anti-corruption measures and a range of related 21st Century trade practices.” Ms McAuley said.

Ms Collins Rex, Programme Manager and Head of Skills Development for the Export Council of Australia said, “We were overwhelmed by the response to our call for candidates, with over 250 remarkable women from across the Pacific submitting applications. It was extremely difficult to whittle down the original 250 to a shortlist of 100 and, ultimately, to select 15 extraordinary women to participate in this two-week intensive international business training program.”

The program consists of an intensive training course in Brisbane to assist particpants in developing their export strategy and business plan, followed by an interactive agenda in Sydney that will include a series of roundtable table events with trade experts and business leaders.

The program includes site visits with two fantastic female leaders in international trade, Samea Maakrun the Managing Director of Sasy n Savy and Jane Lu the Founder & CEO of Showpo, who have kindly opened their doors to the delegation. Participants will also undertake tours of innovation hubs including Triangles XYZ, Tank Stream Labs and Fishburners, as well as Indigenous advocacy training at UNSW.

The Export Council of Australia will host two networking events — in Brisbane, hosted by Microsoft Australia, and in Sydney — to encourage female exporters in New South Wales and Queensland to meet and network with the delegation.

www.export.org.au

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Global broadband giants come to Sydney

NBN Co chief executive officer, Bill Morrow, will today address the Global Broadband Futures conference in Sydney – which brings together an acclaimed line up of international telecom executives.

Speakers at the event include: Mike McTighe, Chairman of UK network operator Openreach; Bruno Jacobfeuerborn, chief technology officer of Deutsche Telekom; Byungki Oh, vice president of global development at Korea Telecom; and Jeff Finkelstein, executive director of advanced technology of US cable operator Cox Communications.

These companies will discuss how they are delivering next-generation broadband networks in their countries to meet the growing demands of end users.

NBN Co has a unique view to share in terms of the complexity of its build and the technology it will use to deliver universal access to every Australian by 2020.

Mr Morrow said, “We are very proud to be part of the Global Broadband Futures conference, this is a really important event for the local broadband industry.

"We continue to learn from our peers around the world and share our insights. Having these experts in the country allows us to learn from one another and make sure we deliver for Australia in the best way possible.

“It is so important for Australians to hear the facts about what is going on in the rest of the global broadband market.

“The reality is that the vast majority of countries around the world are adopting the same approach as nbn and deploying a range of technologies to deliver improved services, the significant difference being scale.

“For Australians to be able to hear that message from some of the leading telecom operators in the world will be extremely valuable in a noisy, often misinformed environment.”

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Industry groups unite on roadmap to drive Qld's economic growth

FIVE Queensland peak industry groups have united to release a joint roadmap outlining how the next State Government can create jobs, drive growth and build confidence across key sectors of the economy.

The ‘Driving Queensland’s Economic Growth’ State Election platform was developed and agreed upon by the peak representative bodies for broadacre primary producers, tourism businesses, the property industry, the resources sector and the timber industry.

These five industries directly employ almost half a million Queenslanders, and are responsible for feeding, powering, housing and showcasing the state.

AgForce, Queensland Tourism Industry Council, the Property Council, Queensland Resources Council and Timber Queensland are calling on the next State Government to:

  • Improve environmental management in Queensland by simplifying environmental regulations, investing in good quality land management on both state and private land, and recognising the work industry does as land custodians;
     
  • Build business confidence through innovation, investment and infrastructure, including by ensuring tax stability, cutting energy costs for all users, using infrastructure as an enabler of regional growth, and through skills development;
     
  • Commit to fact-based policies by guaranteeing evidence-based planning decisions and a genuine regulatory impact process for all major legislative changes;
     
  • Work with industry to identify, develop and implement solutions via a targeted Roundtable bringing together key industry and Ministerial representatives to develop a shared vision for the future, agreed solutions, and to track progress;
     
  • Pursue a genuine regional agenda with investment in regional strategies, and a senior Minister for Regional Development to ensure Queensland maximises the benefits of the Northern Australian Infrastructure Facility and that regional aspects of Government decisions are explicitly considered as part of the normal Cabinet process.


Queensland Resources Council Chief Executive Ian Macfarlane said: “The jobs of Queenslanders depend on a Government that works constructively with industry.

“Our combined industries employ hundreds of thousands of Queenslanders, particularly in regional communities across our vast state.

“What Queensland needs from its next Government is a commitment to policies that build our state’s foundation industries – including the resources sector – through a stable and consultative framework that encourages new investment.”

Property Council Queensland’s Executive Director Chris Mountford said the state’s property industry was seeking action from Queensland’s political leaders to unlock economic activity, create jobs and build confidence.

“There is significant room for improvement in Queensland’s regulatory and legislative framework to better support industry to attract new investment to Queensland,” he said.

“Whether it is tax arrangements, infrastructure investment or any other area of policy, Queensland can be a far more competitive destination to do business.

“Queensland’s shifting environmental regulation, in particular, provides little certainty for industry stakeholders and too often uses red tape as a substitute for evidence-based policy solutions. Greater collaboration with industry is needed to develop win-win environmental outcomes which benefit both Queensland’s ecology and economy.”

AgForce General President Grant Maudsley said demand for Queensland’s high-quality food and fibre was soaring, and the primary production sector needed political parties to commit to policies that take agriculture forward, not hold it back.

“We want fair and balanced policies that allow farmers to increase their productivity and profitability, as well as increased investment in infrastructure to make it safer, easier and cheaper to get our farm goods from the paddock to the plate,” he said.

Queensland Tourism Industry Council Chief Executive Daniel Gschwind said key priorities for the tourism industry included competitive investment of tourism marketing and event attraction and building the competitiveness of destination.

“Tourism needs the infrastructure and it needs the marketing, but it also needs an industry that has the capability, skills and capacity to drive innovation and create market-leading experiences,” he said.

Mr Gschwind said the tourism industry would also like to see government develop sustainable business opportunities through Queensland’s natural and cultural heritage.

Timber Queensland CEO Mick Stephens said the Queensland timber industry generated $3 billion in value each year and underpinned more than 25,000 jobs.

“Over 80 percent of timber industry jobs are located outside the Brisbane area so it is therefore crucial that all parties recognise and support this industry for regional growth and prosperity,” he said.

“Policies need to address critical issues such as high energy costs and improve our timber manufacturing competitiveness.”

A copy of the 'Driving Queensland's Economic Growth' Joint Election platform is available at http://bit.ly/2ABgQwy

www.qrc.org.au

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Business bank model urged for consideration

THE Australian Small Business and Family Enterprise Ombudsman has called for an Australian version of the British Business Bank to be considered.

Speaking at the Franchise Accountants Network conference in Sydney, Ombudsman Kate Carnell said access to finance was a major challenge for Australian small-medium enterprises.

“Banks are happy to lend to small businesses, but only if they have security such as property or cash,” Ms Carnell said.

“I’m concerned about SME lending constraints due to prudential requirements implemented after the Global Financial Crisis.

“The requirement for property security limits capital availability for small businesses with good cash flow and good prospects. Funding for many small businesses is unavailable at a reasonable cost.

“I’ve asked the Productivity Commission to explore the extent to which prudential risk weighting standards and capital requirements have had unintended consequences on lending to small businesses.”

Ms Carnell said the option of a Government-backed approach to small business lending like the British Business Bank should be considered.

“Other countries have identified a similar problem and come up with solutions,” she said.

“The British Business Bank can provide a government-backed 75 per cent guarantee against the outstanding facility balance, potentially converting a ‘no’ credit decision from a lender to a ‘yes’.

“The British Business Bank can also help small finance providers to tap institutional investors’ funds.

“Without a creative approach to small business lending in Australia we risk stifling growth, investment and employment.”

www.asbfeo.gov.au

 

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ASADA issues peptide warning

IN THE WAKE of a recent article which advertised peptides as ‘the legal performance enhancer even doctors are using’, ASADA has issued a stark warning on the safety of peptides and other substances not approved for human use, which are also banned in sport.

Peptides work by making changes to the human endocrine system, which includes the pancreas, ovaries, testes, thyroid and other hormone producing glands. Changes to this system can have very serious effects in regards to human growth, development and reproductive systems.

One recent research paper found that children given synthetic human growth hormone are at significantly higher risk of developing cancer in the long term. Other research conducted on hormone peptides has shown users are at increased risk of hypertensive episodes, haemorrhage, water intoxication and even death.

Professor Andrew McLachlan, Chair of the Anti-Doping Rule Violation Panel, and Professor of Pharmacy at the University of Sydney stated: “Peptides and SARMs carry a substantial risk of long term harmful health consequences, which are usually understated by the person promoting their use.“

“It is well known that growth hormone doping significantly increases the risk of some types of cancer, and has harmful effects on the heart and liver, but this is often ignored or underestimated by users.”

“Peptides such as ipamorelin are powerful medicines and can have significant adverse effects on the human body, especially when used without medical supervision and at doses outside the recommended range. Taking these substances is a risky gamble for anyone to take with their long term health.”

Raising awareness of the health effects of PEIDs is a key focus of ASADA CEO David Sharpe.

Mr Sharpe said: “It is irresponsible for any person in a position of authority to downplay or disregard the risks associated with these substances.”

“When it comes to the abuse of performance enhancing drugs, the risks are real and extremely dangerous. These include things like blood clots, liver damage, stroke, kidney damage, brain impairment and even death.”

“These substances need to be kept as far from athletes as possible. This is why ASADA is currently reviewing its education program, with a view to increasing athlete awareness of the health risks of PEIDs,” he said.

“In addition, I am also strengthening our relationships with health authorities and law enforcement in order to target unscrupulous medical practitioners including doctors, pharmacists and compounding chemists.”

www.asada.gov.au

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ATO takes sensible landing position on TBAR says IPA

THE Institute of Public Accountants (IPA) has commended the ATO for its announcement that events based reporting for self-managed superannuation funds (SMSFs) under the transfer balance account reporting (TBAR) regime will be limited to SMSFs with members with total super account balances of $1 million or more.

“The ATO is to be congratulated for this decision,” said IPA chief executive officer, Andrew Conway.

“Given the changes that occurred to superannuation that took effect from 1 July 2017, the landing point before reporting becomes mandatory is a sensible position taken by the ATO.

The SMSF industry can breathe a sigh of relief that the reporting will not impact the majority of funds in pension mode. Trustees can also rejoice as unnecessary reporting will not add to administrative burdens eating into their retirement balances.

“The relief will provide more time for the SMSF industry to adjust to a more contemporary reporting model over time. If a fund has one member in pension mode with a large balance, it will, by default cause the fund to have real time reporting in place but we believe the industry can live with this scenario compared to all-in approach across all funds.

“The $1 million threshold represents an appropriate risk based approach for the ATO to monitor breaches of the $1.6m transfer cap and is targeted to only impact likely offenders rather than the entire pension balance population,” said Mr Conway.

publicaccountants.org.au

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