Business News Releases

Juukan Gorge inquiry: Queensland perspectives

ON TUESDAY, June8, the Northern Australia Committee will hear from representatives of the Cape York Land Council, AECOM, Torres Shire Council and Gur A Baradharaw Kod Torres Strait Sea and Land Council Torres Strait Islander Corporation (GBK).

The inquiry into the destruction of Indigenous heritage sites at Juukan Gorge will further examine Aboriginal and Torres Strait Islander heritage legislation in Queensland, with a public hearing by videoconference.

The Committee will delve into cultural heritage problems experienced in Queensland by both Aboriginal and Torres Strait Islander peoples.

Committee Chair Warren Entsch said, "Cultural heritage protection is the primary objective of the Committee. By discussing issues with those affected we can ensure that the Committee’s report will include the voices of stakeholders from across Australia."

A key issue for the Cape York Land Council is that politicians and bureaucrats should not be making decisions relating to heritage protection and management.

An important issue for AECOM is that authorised Indigenous parties must be treated as crucial partners by governments and proponents in decision making processes for heritage management.

GBK wants land users to recognise and appreciate that the relationship between Aboriginal and Torres Strait People and their environment is one based on balance in harmony with nature and observance of their ancestral customs.

A program for the public hearing is available on the Committee’s website.

Public hearing details

Date: Tuesday, 8 June 2021
Time: 10am to 4pm AEST
Location: by video/teleconference

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

 

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Old headaches return for SMEs as pandemic pressure subsides - MYOB report

THE PRESSURE on small and medium sized enterprises (SMEs) from economic decline due to COVID-19 is felt by 35 percent of SMEs, down 20 percentage points compared to this time last year, however past pressures are creeping back to pre-pandemic levels with some increasing 6 percent in the past six months, according to the new MYOB Business Monitor. 

The latest research of more than 1,000 Australian SME owners and operators found top business concerns to be cashflow and the cost of utilities, felt by 32 percent of respondents. The greatest increases include access to finance, a pressure for 26 percent of respondents up from 20 percent in December, and late payments from customers increased to 29 percent from 25 percent. 

As some businesses return to normality, traditional business concerns are creeping back in, according to Emma Fawcett, MYOB’s general manager SME.

“It’s an unfortunate return to ‘business as usual’ for the country’s 2.29 million SMEs with 14 of the 16 business pressures measured by the MYOB Business Monitor increasing in the last six months," Ms Fawcett said. "This demonstrates that as COVID-19 pressure subsides other business pressures increase. 

“SME concerns with payment times and old bugbears associated with physical presence – such as utilities like electricity and gas – are back on the table. It seems these issues were temporarily superseded during the pandemic but are increasingly back on the radar now for many SMEs.”

Business confidence

The research, conducted before Victoria’s latest lockdown, found overall business owners were feeling positive about the year ahead, with 57 percent predicting an uplift in Australia’s economy and almost half (48%) predicting their revenue will be up a year’s time.

The latest Business Monitor shows a marked difference in confidence for the coming year by industry, with 78 percent of finance and insurance SMEs predicting the economy will improve in the next 12 months, compared with a national average of 57 percent. Retail and hospitality are at the other end of the spectrum with only 46 percent predicting uplift.

Queensland SMEs are the most confident with 60 percent predicting an improvement in the economy in the year ahead, followed by Victorians, at 59 percent when the survey was conducted prior to the latest lockdown. In New South Wales 58 percent believed the economy would improve as did 55 percent of Western Australian SMEs. 

Nationally 30 percent report an increase in revenue on a year ago, up from 19 percent in December. The likelihood of a revenue increase in 12 months time is up 11 points to 48 percent compared with 37 percent at the end of last year.

Business priorities

In the next 12 months SMEs are looking to increase the prices and margins on what they sell (30%), retaining customers (29%), as well as customer acquisition, employee payments and marketing/advertising online (all 28%).

“After a challenging trading year, it’s encouraging to see SMEs looking to explore new revenue opportunities over the next 12 months,” Ms Fawcett said.

“It’s concerning those operational pressures are on the rise as the country recovers from COVID-19, however an overall confidence in the economy as well as SME revenue, is a good sign for a sector that makes up 95 percent of Australian businesses.”

About MYOB

MYOB is a business platform with a purpose of helping more businesses in Australia and New Zealand start, survive and succeed. MYOB delivers end-to-end business management tools and accounting solutions for SMEs and the mid-market, direct to businesses, as well as a network of accountants, bookkeepers and consultants. MYOB operates across four key segments: small and medium enterprises (SME), enterprise, financial services and practice.  myob.com  @MYOB on Twitter.

About MYOB Business Monitor

The MYOB Business Monitor researches business performance and attitudes regarding areas such as profitability, cash flow, pipeline work, technology usage and the government.  This report presents the summary findings for key indicators from the MYOB Business Monitor comprising a national sample of 1,005 business owners, managers and directors (operators), conducted from March 17 to April 22, 2021. The businesses participating in the online survey were both non-employing and employing businesses. All data has been weighted by industry type, location and number of employees, which are in line with the Australian Bureau of Statistics (ABS - Counts of Australian businesses, including entries and exits - 8165.0).  

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Ombudsman launches Review of Discretionary Mutual Fund proposal

THE Australian Small Business and Family Enterprise Ombudsman Bruce Billson has today launched a Review of the Discretionary Mutual Fund proposed for small businesses in the amusement, leisure and recreation sector unable to secure essential insurance coverage.

Mr Billson said the self-generated review would build on ASBFEO’s Insurance Inquiry as well as ongoing feedback from the Australian Amusement, Leisure and Recreation Association (AALARA) on behalf of its members – many of which face imminent closure without adequate insurance coverage.

“Our country shows that we all love so much are facing a bleak future because small businesses, such as ride-operators, cannot get insurance coverage,” Mr Billson said.

“Closure of these small businesses will mean significant job losses and hurt local economies.

“Our review will be a deep dive into the inaccessibility of insurance for amusement, leisure and recreation businesses, so that we can provide further advice to the Australian Government on what measures could help these small businesses secure the insurance products needed to remain in operation.

“At the core of this review, my office will independently examine AALARA’s proposal to establish an industry-owned and operated Discretionary Mutual Fund as the most effective and durable solution to the sector’s insurance crisis," Mr Billson said.

“We will consider if this proposal will resolve the insurance issues in the sector, the responsibilities and obligations it would impose, its adequacy in satisfying regulatory requirements as well as other options that may assist these businesses.

“This review will use the Ombudsman’s internal expertise and seek external expert advice on complex issues, such as specialist legal, financial sustainability and actuarial matters.”

AALARA president Shane McGrath welcomed ASBFEO’s Review of its proposed Discretionary Mutual Fund, which it is seeking to establish in partnership with Aon.

“The amusement, attractions, leisure and recreation industries are facing catastrophic consequences without necessary insurance coverage,” Mr McGrath said.

“ASBFEO’s review will provide vital information to the Australian Government about the challenges our members are up against regarding insurance accessibility, as well as what that means for these businesses and what support could help address insurance issues faced by the sector," he said.  

A final report is expected to be completed in August.

www.asbfeo.gov.au

 

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Committee focuses on infrastructure procurement

A NEW parliamentary inquiry will examine procurement practices for government-funded infrastructure.

Committee chair of the House of Representatives Standing Committee on Infrastructure, Transport and CitiesJohn Alexander OAM MP, said, "This is an important and timely inquiry as Australia focuses on its economic recovery."

The Australian Government has committed $110 billion to a 10-year infrastructure pipeline, as part of Australia’s Economic Recovery Plan. This includes $15.2 billion in new commitments to infrastructure projects in the 2021-22 Budget.

"Given the size of this investment, it is important that procurement practices for these government-funded infrastructure projects provide the best value for tax-payer dollars and support developing Australian industry capabilities and Australian jobs," Mr Alexander said.

"The committee will examine challenges and opportunities to enhance Australia’s sovereign industry capability, including for Australian-owned businesses. We are keen to hear about: what is working well here and internationally; opportunities to improve procurement practices; and how governments at all levels can better cooperate on infrastructure procurement."

The committee has invited submissions from stakeholders and interested parties. The full terms of reference are available on the committee’s website.

Submissions are being sought by Friday, 16 July 2021. Submissions can be made online or by emailing This email address is being protected from spambots. You need JavaScript enabled to view it..

 

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Expensive and dangerous: Nuclear doesn’t stack up says ETU

LIFTING THE BAN on nuclear power generation in NSW using unproven small-scale reactors will only push up power bills, damage the environment and compromise safety, according to the Electrical Trades Union (ETU).

ETU National and NSW Secretary, Allen Hicks, said nuclear power would be hugely expensive compared to renewable energy, and that small nuclear reactors were still a pipe dream.

The recommendation around small scale reactors is one of 60 contained in the NSW Productivity Commission’s White Paper, which is supposedly designed to reboot the state’s economy, according to Mr Hicks.

“The Productivity Commission has lost the plot if it thinks small modular reactors, a technology that has been ‘just around the corner’ since the 1970’s but still doesn’t exist, is the answer to NSW’s productivity growth,” Mr Hicks said.

“Even if someone finally manages to build one that works, the electricity price forecast for their output is six times more expensive than renewables.

“Why does the Productivity Commission want NSW residents paying six times more for their electricity?

"There are massive offshore wind projects waiting for federal approval off the NSW coast near Newcastle, Wollongong and Eden. Rather than pie-in-the sky nuclear nonsense we should get on with approving this clean energy and getting it into out grid," he said.

"The commission said lifting the ban would provide another source of firming capacity in the grid. But its own report admits “a wide degree of uncertainty” about small-scale nuclear reactors, mainly due to cost," Mr Hicks said.

NSW Treasurer Dominic Perrottet said the government “will consider everything” in the report.

But Mr Hicks said the State Government must hit the stop button on nuclear power, as the business model for a dirty and dangerous technology did not stack up.

“Even if they improve the technology, a small modular reactor would take far too long to build, and we don’t have time to waste in the fight against climate change,” Mr Hicks said.

“Globally, most countries are moving away from nuclear power. Few new reactors are being built and nuclear companies are going bankrupt or facing financial distress. 

“Nuclear power also has the potential to contribute to weapons proliferation.”

Mr Hicks said the government should instead continue to focus on renewable energy. 

“With a bit of foresight, some investment and some big thinkers, Australia is uniquely positioned in the world to become a renewable energy leader," he said.

"Boosting the economy, providing more jobs, and dealing with climate change are big problems, but nuclear power is not the answer.”

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New rule paves way for collective bargaining by small businesses

THE Australian Small Business and Family Enterprise Ombudsman, Bruce Billson said small businesses, franchisees and fuel retailers can join together to enhance their bargaining power, under new rules in place under the Australian Competition and Consumer Commission (ACCC).

Mr Billson said under the new arrangement, small businesses could collectively negotiate with the larger companies that buy their products.

“This strengthens the position of small businesses at the negotiating table considerably,” Mr Billson said.

“Collective bargaining is a potential game-changer for small businesses as it boosts their purchasing power and mitigates the risk of predatory tactics sometimes used by larger companies to financially squeeze their small suppliers.

“It also saves time and money for small businesses in contract negotiations, as they can share the cost and resources.

“The ACCC previously only allowed collective bargaining on a case-by-case basis, but now small business groups choosing to engage in collective bargaining simply need to provide a one-page notice to the regulator, that’s free of charge," Mr Billson said.

“In addition to the cost savings and red tape reduction, the new provisions better accommodate the dynamic pace of the small business economy by allowing participants to enter and exit the group without the need for a new approval. 

“Importantly, the arrangement – known as a class exemption – applies to businesses with an annual turnover of less than $10 million per year. It covers 98 percent of Australian businesses.

“It’s an initiative that will help small businesses remain competitive and viable, at a time when it is needed the most.”

More information about the ACCC’s small business class exemption can be found here.

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Growing aquaculture to $2 billion

THE Australian Government’s ongoing commitment to grow the value of Australian aquaculture to $2 billion by 2027 will be discussed at an upcoming public hearing by the ​House Agriculture and Water Resources Committee

The Committee will speak to the Department of Agriculture, Water, and the Environment this Thursday as part of its inquiry into the Australian aquaculture sector. Witnesses will appear in person.

Committee Chair, Rick Wilson MP, noted that, while the day-to-day operations of aquaculture enterprises are regulated by state and territory governments, the Commonwealth holds several key functions which directly affect the sector. These include biosecurity and environmental management, aquatic animal health, food safety, national research programs, and market access and trade.  ​​​

"The Government is currently implementing a National Aquaculture Strategy which recognises the increasingly important role of the sector to the Australian economy and aims to grow its value to $2 billion by 2027. The Committee looks forward to discussing the progress of this strategy with the Department," Mr Wilson said. 

For further information, visit the inquiry website.

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Orcoa rolls out its Smart Poles project to energise regional communications

ORCDA LIMITED has entered into a memorandum of understanding (MoU) with several delivery parties for implementing the design, development, and roll-out of its Smart Poles Project.

This MoU involves five parties: Wagners CFT Manufacturing, Future Meridian, RC Birili and Betta Power Services.

Wagners CFT Manufacturing Pty Ltd is responsible for the composite smart pole manufacture and hardware integration into the Smart Poles.

Future Meridian Pty Ltd's role is to act as government liason, responsible for the grant process, assisting with sales and infrastructure funding needs.

RC Birili Pty Ltd is responsible for digital systems delivery, hardware sourcing and Indigenous engagement in the project.

Betta Power Services is responsible for managing a state and, if successful, a national installation roll-out. Betta's role also includes transporting Smart Poles from factory to the relevant installation points.

Orcoda Limited is handing contract management, management of digital platforms and connectivity into Orcoda existing transport technology platforms. 

The Smart Pole is an integrated road-aligned eco-system for enhancing technology across data transportation grids and to support special purpose access by multiple parties and licencees, such as government transport departments, municipalities, private entities, telcos, law enforcement groups.

The company's strategic goal is for the Smart Pole to leverage real-time system reporting, data, and for special purpose sensors to be built into the Smart Pole, based on the relevant needs and product demand. The Smart Pole is intended to facilitate roads and highways with intelligent management, vehicle flow detection, vehicle monitoring, road maintenance, road safety, emergency rescue, and support intelligent messaging and intelligent payment systems.

Orcoda said it intends to be at the forefront of developing a new generation of connected poles. linked to our existing transport logistics software for supporting existing and future transport infrastructure and logistics projects with each pole across a network generating multiple revenue streams once installed.

Importantly, the Smart Poles are intended to leverage 5G base stations for enhancing signal strength and interconnectivity across urban and regional areas.Orcoda's vision for the Smart Poles Project includes ultimately combinig all these capabilities with inbuilt video capabilities so operators and licencees are able to utlise internet connectivity, AI processing, and AR across large geographical areas where big data can be utilised to reduce costs and improve services.

Orcoda managing director, Geoff Jamieson said the company believes the benefits of this vision will eventually benefit the bottom line of every Orcoda business division.

“Our Smart Poles Project represents significant opportunities to substantially grow our recurring revenues into the future and our team is excited about benefits that our technology can deliver to transport services and infrastructure both nationally and internationally," Mr Jamieson said.

"Our next steps, now we have an expert team together, will be to apply for Federal Government grants to support the funding of a pilot program to demonstrate the potential capabilities and benefits of an Orcoda Smart Pole network.

“We look forward to updating the market on grants and other milestones for rolling out our Smart Poles Project," he said.

"I want to also thank our shareholders for continuing to support us and also thank and acknowledge the many other key business stakeholders, including employees, clients as well as our old and new commercial partners.” 

 

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Finding the path from the justice system to employment

THE Glen Drug and Rehabilitation Centre will give evidence to the House Standing Committee on Indigenous Affairs this Thursday and talk about the success and challenges it has faced helping both Indigenous and non-Indigenous men move into employment.

The hearing is part of the Committee’s inquiry into pathways and participation opportunities for First Nations peoples in employment and business. Witnesses will be appearing via videoconference.

Committee Chair, Julian Leeser MP, said the Committee visited ‘The Glen’ during its public hearings on the Central Coast in April and was very impressed with its work.

"The Glen has operated since 1994 and has helped both Indigenous and non-Indigenous men with a history of addiction and contact with the criminal justice system to overcome significant hurdles and move into employment," Mr Lesseer said. "The Committee noted, however, that these men still faced immense structural barriers which can make it very difficult to find work.

"The Committee looks forward to speaking with The Glen about their successes as well as the ongoing challenges for participants in their program," Mr Leeser said.

Public hearing details

Date: Thursday, 3 June 2021
Time: 11.40am to 12.25pm AEDT

A live audio stream of the hearing will be accessible at https://www.aph.gov.au/Watch_Read_Listen.

A full program will be available at the inquiry website.

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ACCC fails in 'cartel' case against Country Care Group

COUNTRY CARE GROUP and founder Rob Hogan today prevailed in the landmark Federal Court action instigated by the Australian Competition and Consumer Commission (ACCC) and brought by the Commonwealth Director of Public Prosecutions (CDPP).

The jury unanimously dismissed all charges against the regional business.

Country Care Group founder, Rob Hogan, said, "“This is a resounding victory for Country Care Group and myself with a full dismissal of all charges brought against us. Throughout the long process of defending these charges, dating back more than five years, I have consistently maintained my innocence.

"Today that innocence has been clearly confirmed by the jury with the ACCC and the CDPP unable to persuade a single juror of their case.

“While I am naturally pleased with today’s outcome, it should never have come to this point," Mr Hogan said. "This trial exposed the ACCC’s deeply flawed processes in investigating cartel allegations, particularly with respect to the ACCC’s approach to immunity witnesses.

"During the trial the ACCC and CDPP’s key immunity witness was exposed as a disgruntled individual who held a grudge against me and Country Care Group. He admitted under cross examination that he had misled and withheld important information from the ACCC and lied to the jury.

“Questions should be asked as to how it can be that the ACCC did not identify the obvious issues with this witness, particularly given the defence was able to uncover significant untruths in this witnesses statement from documents which had been in the ACCC’s possession for years.

“This is more than just a win for Country Care Group and me, it’s a win for all Mum and Dad style businesses around Australia, who are the lifeblood of this country. The ACCC and the CDPP need to be held to account for the significant failures in their investigation and approach to these criminal proceedings.

“It is a disgrace, but for us it’s finally time to move on,” he said.

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Navy Women’s Mentor Program now available to all through Women & Leadership Australia

THE Expert Mentoring Program, created by Women and Leadership Australia (WLA) to support the Royal Australian Navy in their gender equity work, is now available for all people in Australia who wish to contribute to gender equity in their industry and organisation.

The program was created in partnership with the Royal Australian Navy, as part of the service's initiatives to support more women to take on entry level, middle and senior leadership roles within the organisation.

Lieutenant Kim Green, from the Directorate of Navy Culture, said of the program, “The Navy Women’s Mentoring Program links Navy personnel of all ranks, categories, primary qualifications and experience, from across the country through a virtual mentoring framework where the support and development of all Navy people is a priority.

"Navy views mentorship as a key enabler to retention and capability and as Navy continues to grow our female participation rate, the mentoring program is seen as a key enabler for gender equality and future gender parity.

“The inaugural first round of the Navy Women’s Mentoring Program was well received with over 200 personnel registering for mentorship. As the mentoring program matures we are seeing an increased demand for future participation which is a fantastic outcome for Navy and our people,” Lt Green said.

The program has now been adapted to assist current and aspiring mentors in all industries to maximise their approach, in order to provide meaningful professional and personal growth to their mentees.

Suzi Finkelstein, CEO of WLA, said of the initiative, “We have done so much meaningful work with the Navy. The impact of this program inspired us to adapt this program for all industries. We want to ensure women across all industries and sectors can benefit from this best-practice mentoring program.

“Mentoring is a powerful tool for enabling gender equity and breaking down stereotypes. Good mentors have no agenda other than assisting their mentees in reaching their own goals. They aim to provide a safe, confidential space for their mentees to explore new ideas, and an unbiased sounding board to test their assumptions.

“And for the mentor, the relationship can build confidence, provide opportunities for self-reflection, and generate a sense of satisfaction in supporting emerging women leaders.​

“The Expert Mentoring Program imbues mentors with the skills required to facilitate learning, connection and advancement for the mentee.”

Chief Petty Officer Zoe Mack, who participated in the Navy Women’s Mentoring Program said, “Throughout working with my mentor I have gained insight into different opportunities available to me that I hadn’t previously considered. My mentor encouraged and supported me to tread my own path and facilitated a space for me to be unapologetic with my ambitions. Discussions with my mentor have propelled me, shaping my career into something that fulfils me and helped me find strength in non-traditional paths.

“The Navy Women’s Mentoring Program has not only assisted me in having clarity of my own professional career path, but has also given me the confidence and the skills to support the younger generation of Navy personnel to develop theirs.”

The Expert Mentor Program is a one day, online, immersive program. Facilitated by Women and Leadership Australia, participants will spend the day learning from WLA’s expert leadership facilitators and subject matter experts.

https://www.wla.edu.au/emp.html

 

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