PROFESSOR Peter Newman AO, the John Curtin Distinguished Professor of Sustainability at Curtin University, will be the first witness to appear before the Standing Committee on Infrastructure, Transport and Cities for its inquiry into increased transport connectivity and economic activity. 

Committee Chairman John Alexander MP said Professor Newman has devoted his career to sustainable transport and urban design, and is a perfect place to begin investigations into transport connectivity.

“Professor Newman’s most recent publication examines the use of private investment to fund urban rail networks,” Mr Alexander said.

“The discussion paper looks how rail and land developments add value in cities, and argues that such developments can lead to travel time saving, increased land values, concentration of economic activity and development, and environmental efficiencies.”

Mr Alexander said exploring funding mechanisms for major transport infrastructure will be a key focus for this inquiry.

The inquiry will examine the likely impact of increased transport connectivity on property values and property-related tax revenues, options for the use of value-capture mechanisms to sustainably fund transport infrastructure, the role of government in establishing sustainable value-capture funding mechanisms, international experiences with capturing the value of high speed rail infrastructure, and the impact of high speed rail on urban and regional development.

Further information on the Inquiry, including the full terms of reference and how to prepare a submission can be obtained from the Committee’s website at www.aph.gov.au/itc or from the Secretariat on (02) 6277 2352.

The professor will appear at 5.30pm on February 23.

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ISSUES of food and agriculture will be on the table for discussion today when experts and officials from the Department of Foreign Affairs and Trade (DFAT) and Australian Centre for International Agricultural Research (ACIAR) give evidence on Australia’s regional efforts in this important area.

The Foreign Affairs and Aid Sub-Committee of the Federal Parliament’s Joint Standing Committee on Foreign Affairs, Defence and Trade is conducting an inquiry into the role of development partnerships in agriculture and agribusiness in promoting prosperity, reducing poverty and enhancing stability in the Indo-Pacific region.

DFAT’s submission to the inquiry highlights the scale of the challenge in addressing world hunger and malnutrition, especially in the Asia-Pacific region.

The Department has advised that ‘[a]t present, enough food is produced to feed the world’s population, yet 795 million people suffer hunger, nearly two thirds of these in the Asia-Pacific region.’

"Close to 500 million people in our region still suffer chronic hunger and many countries struggle with the "double burden" of both under and over nutrition," DFAT points out. "Gender inequality remains a significant barrier to realising full productive potential."

The Hon Dr Sharman Stone MP, Sub-Committee Chair, said, "Agriculture, fisheries and water together represent one of the six priority areas under Australia’s development policy, these sectors are key areas of employment and economic growth and they play an important role in reducing poverty in the region."

Officers from the Australian Centre for International Agricultural Research (ACIAR), Australia’s specialist agricultural research-for-development agency will provide insight into international research and capacity building.

DFAT notes, a projected 60 per cent rise in global demand for food by 2050 is expected to create significant economic and business opportunities, but also presents major challenges, including increasing pressure on finite resources.

"Along with the key role development partnerships are playing in promoting prosperity, meeting future food demands will require improvements in productivity, market systems, resource management and governance," Dr Stone said, "while the transition to more efficient or profitable production must also translate into better nutrition for the poor."

This inquiry is consider how governments, NGOs and business can work with locals to overcome the stunting or obesity and consequent non-communicable diseases which now beset some of our nearest neighbours.

Time: 5:10pm to 6:30pm
Venue: Committee Room 1R3 
Parliament House, Canberra

A live audio broadcast will be available at http://www.aph.gov.au/News_and_Events/Watch_Parliament

Further details about the inquiry, including copies of submissions and how to contribute, can be obtained from the committee’s website at www.aph.gov.au/jfadt or by contacting the committee secretariat on (02) 6277 2313 or emailing This email address is being protected from spambots. You need JavaScript enabled to view it..

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THE Australian Government has welcomed today’s announcement that Arrium Mining and Materials has secured short-term finance and announced a plan to enable it to recapitalise the mining and materials business and implement a strategic plan.

This recapitalisation plan will allow the company to retain its profitable mining consumables division and provide additional funds for restructuring its Whyalla-based steel and mining activities.

Minister for Industry, Innovation and Science Christopher Pyne acknowledged the importance of this announcement to the people of Whyalla and the future of South Australia.

“Arrium is the major employer in Whyalla and a large employer across South Australia, with over 1700 workers across the state as at December 2015,”Mr Pyne said.

“This announcement demonstrates a strong commitment by Arrium to its ongoing viability, following its recent strategic review. However, this does not fully resolve the issues that Arrium is facing.

“The company still has work to do to finalise its recapitalisation and then ensure the Whyalla steelworks maintains its competitiveness.”

Arrium will continue to work to make an additional $60 million in savings at  the  Whyalla steelworks  to reach a cash break-even point. 

“The Government has implemented significant policy reforms to strengthen the competitiveness of Australia’s steel industry, including repealing the carbon tax and providing a 100 per cent exemption from the Renewable Energy Target,” Mr Pyne said.

To further assist the steel industry, Minister Pyne has recently requested the Anti‑Dumping Commission undertake an economic analysis of Asian steel and aluminium markets and the impact on the global and Australian markets.

“As both a South Australian and Minister for Industry, Innovation and Science, I am committed to working with Australian Steel makers in pursuing initiatives that support a competitive local industry.

www.industry.gov.au

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MINISTER for Employment, Senator Michaelia Cash said the underlying trend of the Australian labour market continues to demonstrate encouraging resilience, despite facing international headwinds and share market turmoil.

Figures released today show seasonally adjusted employment stands at 298,300 (or 2.6 per cent) higher than it was this time last year and well above the decade average of 1.8 per cent.

“There is still considerable underlying strength in the labour market. The overall trend and the statistics show the Australian labour market is holding up well,” Minister Cash said.

“Participation has increased slightly to 65.2 per cent, employment is higher than it was this time last year and we are seeing positive signs in relation to job vacancy figures.”

“Since being elected in September 2013, the Coalition Government has overseen the creation of 421,400 jobs, representing an increase of 3.7 per cent.”

Compared with January 2015, today’s ABS data shows over the past year;

• Total employment has risen by 298,300 (or 2.6 per cent)

• Full-time employment has increased by 157,800 (or 2.0 per cent), to stand at 8,185,800.

• Part-time employment increased by 140,500 (or 3.9 per cent), to stand at a record high of 3,708,700.

• Female employment has risen by 163,200 (or 3.1 per cent)

• Female full-time employment has risen by 93,000 (or 3.3 per cent) to stand at 2,943,600

• Male employment increased by 135,200 (or 2.2 per cent), to a record high of 6,399,900.

• Total unemployment has declined by 22,300 (or 2.8 per cent), with the unemployment rate declining by 0.3 percentage points

• The female unemployment rate has decreased by 0.3 percentage points

• The participation rate has risen from 64.7 per cent to 65.2 per cent

Minister Cash said in the last 12 months the Australian economy has created 298,300 under the Coalition Government – this compares with the last 12 months of the former Gillard-Rudd Labor Government where jobs growth was less than one third this rate.

“In trend terms it is important to remember that the unemployment rate is still 5.8 per cent and both full-time employment and part-time employment are at a record high,” Minister Cash said.

“Clearly there is more work to be done but the trajectory of jobs growth in Australia is still very positive.”

“The Government has a comprehensive jobs plan and we will continue to focus on increasing workforce participation, investing in vital infrastructure, finalising and implementing historic free trade agreements and assisting the unemployed back into the workforce through the new jobactive employment services programme.”

“The Government’s strategy to see the unemployment rate reduce will yield results as we implement our policies in 2016 and beyond.”

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