Business News Releases

Government to seek voluntary nominations for a National Radioactive Waste Management Facility site

THE Australian Government will begin a nationwide voluntary site nomination process for a radioactive waste management facility. A call for expressions of interest from landowners will open in March 2015.

The nationwide process will provide an opportunity for landowners in all States and Territories to nominate land for a facility under the National Radioactive Waste Management Act 2012.

The Department of Industry will establish technical and public interest stakeholder panels to assist in developing a framework to shortlist potentially suitable volunteered sites. Sites will be assessed against technical, economic, social and environmental factors.

The site, construction and operation of the facility will be subject to assessment and approval under the Environment Protection and Biodiversity Conservation Act 1999 and the Australian Radiation Protection and Nuclear Safety Act 1998.  This multi-stage process will involve extensive community consultation and ensure safety and the protection of human health and the environment.

Australia has 4,000 cubic metres of low level and 550 cubic metres of medium level waste in temporary storage. The Government is committed to taking responsibility for this waste, which is a by-product of world leading medical and industrial processes that benefit all Australians.

The site identification, assessment and selection will be transparent, rigorous and informed by thorough public consultation.

More information can be found at http://www.radioactivewaste.gov.au/

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Golfing greats return to Gold Coast in 2015

THE Australian PGA Championship will remain in Queensland under a new long-term agreement that will see the tournament hosted on the Gold Coast until 2017.

Minister for Tourism, Major Events, Small Business and the Commonwealth Games, Jann Stuckey, made the announcement to an enthusiastic crowd of golf fans.

“It is with great pleasure I announce the Australian PGA Championship will remain on the Gold Coast until 2017 under a new agreement between Tourism and Events Queensland and the PGA of Australia,” said Ms Stuckey.

“Australia’s oldest professional golf tournament, the Australian PGA Championship has quickly established itself as a must-see event on the Gold Coast event calendar.

Destination Success, Queensland’s 20-year plan for tourism, recognises the importance of securing major events such as this which drive repeat visitation to Queensland’s destinations.

“The Australian PGA Championship will be promoted as part of It’s Live! highlighting the perfect union of world-class events in world-class destinations."

Ms Stuckey said the agreement will see Tourism and Events Queensland work in partnership with the PGA of Australia to offer visitors an expanded program of entertainment throughout the Australian PGA Championship.

“A live music concert program, expanded fan zones and a stadium experience around the 16th hole are all options being considered to create a unique and Famous for fun Australian PGA Championship experience,” she said.

“I look forward to welcoming the world’s golfing greats, their families and friends back to the Gold Coast for the 2015 Australian PGA Championship.”

PGA of Australia Chief Executive Officer, Brian Thorburn re-affirmed the statements of Minister Stuckey for the future of the tournament on the Gold Coast.

“The Australian PGA Championship has a long and proud history in Queensland, and we are excited for what the future holds. Not only does it provide great opportunity for growth and development, it also provides certainty for our flagship event and one of Australia’s major golf tournaments.”

“The event has always been a favourite for players on the PGA Tour of Australasia, and with the Gold Coast confirmed as the home of the Australian PGA Championship for a further three years we have the opportunity to deliver an even greater spectacle for players, visitors and the local community” added Thorburn.

The Australian PGA Championship is co-sanctioned by the PGA Tour of Australasia and OneAsia, and is Australia’s oldest professional golf tournament. Past winners include Peter Thomson, Greg Norman, Ian Baker-Finch, Wayne Grady and current world number three Adam Scott.

www.teq.queensland.com

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Christmas spending projections for week 4: ANRA

RETAILERS are predicting the next seven days to be the biggest of the year as shoppers move their Christmas preparations into top gear, according to weekly Christmas spending projections released by the Australian National Retailers’ Association (ANRA) today.

“Despite consumer confidence readings suggesting a cautious community, more people have returned to retail in the last 12 months and delivered growth to the sector and the economy more broadly. This incremental growth will assist the sector in contributing a little more than four per cent to Australia’s GDP this year,” ANRA CEO Anna McPhee said.

Ms McPhee said more than $8.3 billion is expected to be spent nationally this week with the average family anticipated to spend about $1,060 on Christmas preparations including gifts, food, liquor and dining.

“Consumer spending is important for the national economy and it is encouraging that retail sales are expected to surge by around 10 per cent compared to last week with Australian shoppers anticipated to spend about $750 million more than the previous week.

“To prepare for the Christmas rush, the retail sector has employed approximately 39,000 additional staff this December as well as providing existing staff with extra shifts to support demand throughout this busy period.  The retail sector employs over 1.2 million Australians.

"Many retailers will offer extended trading hours over the next 10 days to meet heightened customer demand across the peak period. The extension of trading hours in the lead up to Christmas has been particularly successful in previous years and highlights how consumer expectations are changing.  Consumers want to be able to shop at times that are convenient,” she said.

ANRA’s survey of Christmas shoppers looked at Christmas shopping tactics between men and women and found differences in their approaches.

“Twice as many men than women expect to do most of their Christmas shopping between now and Christmas – with just under one in four men admitting they’ll probably do most of their shopping quite close to Christmas.

“Our survey showed women take a much more structured approach to Christmas shopping with one in four shopping throughout the year – compared to just 16 per cent of men. Women are also around twice as likely to buy fun things like toys (15% vs 8%) and more-so experiences (6% vs 2%).

“Christmas shoppers told us they will be shopping primarily for immediate family (81%). While 18 per cent admitted to buying a gift for themselves and 15 per cent said a gift for the family pet was also on the Christmas to-do list,” said Ms McPhee.

This year ANRA estimates $32.6 billion will be spent on gifts, food, liquor and dining. Shopping with Australian retailers online and in store supports Australian businesses, jobs and local communities. 

The below table provides a breakdown by state for the 30 days to Christmas (24-Nov to 24-Dec) and spending in the fourth week (15-Dec to 21-Dec):

 

 

NSW

VIC

QLD

SA

WA

TAS

NT

ACT

TOTAL

Total (million)

$10,559.8

$8,146.8

$6,554.5

$2,149.5

$3,721.4

$637.9

$307.1

$571.1

$32,648.1

Week 4 (million)

$2,612.0

$2,155.0

$1,683.2

$572.0

$934.9

$155.9

$72.5

$147.5

$8,333.0

www.anra.com.au

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Screen Awards etched in Brisbane’s cultural legacy

 

LORD MAYOR Graham Quirk has joined APSA chairman Michael Hawkins, APSA Academy president Dr Jack Thompson AM, jury members and finalists of the prestigious 8th Asia Pacific Screen Awards (APSA), ahead of the official awards ceremony to be held in City Hall tonight.

The Lord Mayor said the APSAs were the Asia Pacific region’s highest film accolades and were well respected in the international film community.

“In their 8th year, the Asia Pacific Screen Awards signal the emergence of Brisbane as a major economic and cultural player, not only in the Asia Pacific region, but across the globe,” Cr Quirk said.

“Off the back of the G20 Summit, where Brisbane was the capital city of the world, the APSAs build on this momentum and Brisbane’s reputation as Australia’s New World City.”

Cr Quirk said the APSAs were the largest and most prestigious gathering of international filmmakers in Australia each year and were expected to be attended by over 1,200 film industry luminaries from the Asia Pacific region and beyond.

“The Asia Pacific Screen Awards are a unique testament to the vibrancy and incredible artistic prowess evident in this region,” he said.

“In 2014, 36 films from 21 Asia Pacific countries received award nominations, with the films displaying cinematic excellence and cultural diversity of the vast Asia Pacific Region,” Cr Quirk said.

“Brisbane residents will be able see some of cinemas biggest stars during the black carpet arrivals including, legendary Aboriginal actor David Gulpilil (Charlie's Country), screen legend and APSA Academy president Dr Jack Thompson AM, ceremony presenter and acclaimed Australian actor Aaron Pedersen (Mystery Road), and Oscar-winning Australian producer Emile Sherman (The King's Speech).”

APSA chairman Michael Hawkins said the 2014 APSA Nominees and International Juries would be welcomed into the APSA Academy at a special event this afternoon by APSA Academy president and Australian screen legend Jack Thompson.

“The Academy is a growing body of the most influential names in Asia Pacific cinema, and provides a range of networking, funding and development opportunities to its members,” Mr Hawkins said.

The Asia Pacific Screen Awards, proudly presented by Treasury Casino and Hotel, is supported by Brisbane City Council.

APSA is managed by economic development board Brisbane Marketing in a unique collaboration with Paris-based UNESCO and FIAPF-International Federation of Film Producers Associations, recognising and promoting cinematic excellence and cultural diversity of the world’s fastest-growing film region, comprising 70 countries and areas, 4.5 billion people, and responsible for half of the world’s film output.

Watch the ceremony webcast live on Thursday, 11 December 2014 from 19.00 (AEST) at: http://www.asiapacificscreenacademy.com/the-awards/the-ceremony/

Black carpet arrivals: From 5.30pm Thursday, 11 December in King George Square, Brisbane City Hall.

To view 2013, highlights, trailers from nominated films and images visit

To view a full list of 2014 APSA nominations visit http://www.asiapacificscreenacademy.com/the-awards/2014-nominees/

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Retailers look forward to strong support from new Victorian Government Ministry

THE Australian Retailers Association (ARA) today welcomes the announcement of the new Victorian Government Ministry.

ARA Executive Director Russell Zimmerman said the ARA has had a long and close working relationship with the Victorian Government and welcomes the opportunity to work with the new Labor Government as closely as previous Labor Governments.

“The ARA has welcomed commitments to fix Vocational Education Training (VET) and looks forward to working alongside the new Premier Daniel Andrews to make sure Victoria’s largest private employer, the retail sector and its skills are looked after.

“The ARA has met with all key Ministers in their opposition roles and believes the new government is committed to growing the Victorian economy and retail investment.

“With most major Australian and international retailers looking to base their operations in Victoria, the government will be looked on kindly as they keep business friendly policies in place and fix those such as VET which have been causing problems for the sector.

“The ARA will be seeking to meet new Ministers over the coming months on issues ranging from planning, small business support, tax and skills to infrastructure and red tape,” Mr Zimmerman said.

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

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

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Christmas comes early for NSW retailers who can now trade 24-hours-a-day

THE Australian Retailers Association congratulates the New South Wales (NSW) Government’s decision to allow eligible retailers to trade 24-hours-a-day in the two weeks before Christmas.

Starting today, retailers and local shopping centres can offer shoppers more flexibility by extending their trading hours without requiring specific planning approval.

ARA Executive Director Russell Zimmerman said the industry strongly supported the changes, provided retailers who didn't want to open for extended hours during the Christmas shopping period were not forced to do so.

“This is a first for NSW and a great opportunity for retailers. The ARA would like to thank Minister for Planning Pru Goward and Minister for Small Business John Barilaro for supporting this initiative which will no doubt give local retailers a much-needed boost during the crucial shopping season.

“This move should help NSW in continuing to be the growth engine for the Australian economy while other states are going through structural adjustments.

“With only 14 days until Christmas, we’re confident that this move will also support the ARA’s predicted pre-Christmas sales figure of $45 billion to go through retail tills before 24 December 2014.

“The ARA now calls on state Labor and the NSW Upper House independents to support the government and allow Boxing Day trade for all retailers who want to open - not just the current restricted areas which kill trade for small and large businesses on the busiest trading day of the year,” Mr Zimmerman said.

*

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

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

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Regional Development Australia Fund to receive Public Accounts and Audit Committee scrutiny

PARLIAMENT’s Joint Public Accounts Committee will examine the ANAO Performance Audit Report, 2014-15, No. 9: The Design and Conduct of the Third and Fourth Funding Rounds of the Regional Development Australia Fund.

The Regional Development Australia Fund (RDAF) was established in early 2011 as a nationally competitive, merit-based grants program with discrete funding rounds.  RDAF was one of the initiatives established to deliver on the then Government's September 2010 agreement with the Independent Members for Lyne and New England.

Committee Chair, Dr Andrew Southcott MP, said that the inquiry reflects the Committee’s important role of holding Commonwealth agencies to account for the efficiency and effectiveness with which they use public monies. 

“In the case of the RDAF, the ANAO concluded that there was not a clear trail through the assessment stages to demonstrate that the projects awarded funding were those that had the greatest merit in terms of the published program guidelines,” Dr Southcott said.

“The ANAO also concluded that substantial work remains to be done on designing and implementing regional grant programs in a way where funding is awarded, and can be seen to have been awarded, to those applications that demonstrate the greatest merit in terms of the program guidelines.  The ANAO also stated that there needs to be a greater adherence to the those guidelines, and decisions need to be made in accordance with the public interest and without regard to party political considerations.

“There are a number of issues which arise out of this report which need further public scrutiny.  These include the failure of the Department of Regional Australia to implement previous recommendations from the ANAO and the Ministerial decisions made in May and June 2013 which saw recommended applications in Coalition-held electorates rejected and projects in Labor-held electorates which were not recommended for funding approved.”

Interested persons and organisations are invited to make submissions to the Committee’s inquiry, addressing the terms of reference, by Friday, 13 February 2015.  

Further information about the Committee’s inquiry, including details on how to lodge a submission, are available on the Committee’s website at: www.aph.gov.au/jcpaa.

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Passenger Movement Charge increase would deter international tourists, hit Victorian business

VICTORIA's peak tourism industry body today called on the Federal Government to ensure the tax incurred by visitors leaving Australia is not increased, as the additional cost would be a disincentive for international visitors.

“Visitors to Australia pay one of the highest departure taxes in the world. Any increase will particularly negatively impact the price-sensitive leisure travel market, which has been one of the biggest growth sectors for international visitation to Victoria. We don’t want to see this promising trend reversed because of a tax hike,” said VTIC Chief Executive Dianne Smith.

Ms Smith’s comments come amid the Federal Government’s review of the $55 per person Passenger Movement Charge (PMC) incurred by travellers when leaving Australia.

“Australia is already an expensive holiday destination by international standards. The focus must be on reducing taxes to drive greater visitation and encourage guests to spend money at our cafes, restaurants and tourist attractions to support job creation,” said Ms Smith.

VTIC’s announcement echoes those made by the Australian Tourism Export Council, Tourism and Transport Forum and National Tourism Alliance in calling on the Federal Government to honour its pre-election promise to ensure the charge remains unchanged.

“At $55 the PMC is a substantial proportion of the airfare from popular destinations such as New Zealand,” said Ms Smith.

"The Federal Government has identified tourism as a key growth sector and any increase to the PMC will hamper industry growth.”

*

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

vtic.com.au

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ABS October 2014 retail trade figures at 0.4% increase – retailers hope pre-Christmas sales will make up for a tough year in business

THE Australian Retailers Association (ARA) said the seasonally adjusted rise (0.4 percent increase) in monthly retail trade figures (month-on-month) reported today by the ABS followed a 1.2 percent rise in September 2014.

While October’s month on month growth was modest, year on year retail growth rose 5.7 percent (seasonally adjusted, compared to October 2013) - a positive sign for the retail industry.

ARA Executive Director Russell Zimmerman said retail sales were fairly slow in October thanks to the unpredictable weather and the reluctance of consumers to get a head start on their Christmas shopping.

“In seasonally adjusted terms household goods retailing rose 1.4 percent. Other industries which experienced rises were food retailing (0.5%), department stores (2.0%), clothing, footwear and personal accessory retailing (1.1%) and other retailing (0.2%). Halloween may have played a helping hand in these categories achieving a bump in sales as the event is becoming a bigger treat for retailers every October with a growing demand for lollies, spooky costumes, decorations and pumpkins.

“In seasonally adjusted terms the states which displayed rises were New South Wales (0.7%), Queensland (0.4%), South Australia (1.2%), Western Australia (0.1%) and the Australian Capital Territory (0.4%). Victoria remained relatively unchanged (0.0%). Tasmania (-1.0%) and the Northern Territory (-0.4%) both experienced a fall in sales.

“The Australian Retail Index (delivered by BDO and Retail Express) reported that the end of October saw all sectors showing slight but positive growth results, with the exception of furniture which dropped 2.3 percent. This sector is not traditionally influenced by the Christmas rush as much as other retail sectors.

“October’s modest results are somewhat expected and it will be interesting to see whether November’s results show a much sharper spike in sales when pre-Christmas shopping gets into full swing.

“The ARA is confident that retailers will achieve the expected $45 billion in sales between 15 November and 24 December, and we look forward to confirming these statistics in the New Year,” Mr Zimmerman said. 

MONTHLY RETAIL GROWTH (September 2014 – October 2014 seasonally adjusted)

Department stores (2.0%), Household goods retailing (1.4%), Clothing, footwear and personal accessory retailing (1.1%), Food retailing (0.5%), Other retailing (0.2%) and Cafes, restaurants and takeaway food services (-2.1%). Total sales (0.4%).

South Australia (1.2%), New South Wales (0.7%), Australian Capital Territory (0.4%), Queensland (0.4%), Western Australia (0.1%), Victoria (0.0%), Tasmania (-1.0%) and Northern Territory (-0.4%). Total sales (0.4%).

YEAR-ON-YEAR RETAIL GROWTH (October 2013 – October 2014 seasonally adjusted)

Household goods retailing (11.5%), Cafes, restaurants and takeaway food services (7.1%), Food retailing (5.7%), Other retailing (2.8%), Clothing, footwear and personal accessory retailing (0.4%) and Department
stores (-0.2%). Total sales (5.7%).

New South Wales (9.8%), Victoria (6.0%), South Australia (4.8%), Tasmania (4.0%), Western Australia (2.6%), Queensland (1.9%), Australian Capital Territory (1.4%) and Northern Territory (1.1%). Total sales (5.7%).

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

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

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Retailers support Murray recommendation for payment and credit card systems including surcharging

THE Australian Retailers Association (ARA) said retailers support the recommendation made by the Federal Government’s Financial Systems Inquiry (FSI) Murray Report to ensure credit card payment schemes fall under the same guidance as the two major card schemes for co-branded cards.

ARA Executive Director, and chair of Australian Merchant Payments Forum (AMPF), Russell Zimmerman said the three party schemes (where banks issue co-branded cards allowing systems like Diners and AMEX to avoid rules) are significantly hitting retailers’ bottom lines and this recommendation will benefit retailers and consumers.

The ARA also supports the tiered surcharging proposal where low cost payment systems, which could include three party credit card schemes will see surcharging removed but still allows a price indicator for higher cost schemes allowing retailers and consumers choice.

"The ARA and AMPF firmly believes that there is currently an unequal playing field with some card systems able to decide their own pricing model and choose if they wish to allow surcharging by the merchant. However, both Visa and MasterCard are regulated to ensure that merchants are rightfully not charged more than a reasonable Merchant Service Fee.

"As pointed out in the report proposals for surcharging standards should make surcharging standards simpler and more accurate, while encouraging system providers that are not subject to interchange fee standards to reduce their cost.

“All participants in the payments system must be treated fairly and equally. Regulations need to be broadened to include both three-party schemes (AMEX and Diners) alongside the currently-regulated four-party schemes (Visa and MasterCard).

“In principle, retailers do not believe in surcharging and in the vast majority of cases they don’t for the regulated low-cost two major card schemes. Where they do need to surcharge is on the unregulated high-cost schemes which then gives the consumer the choice of whether they use a high-cost unregulated surcharged card or a no-cost regulated card,” Mr Zimmerman said.

The ARA is pleased to see that many of our submission recommendations have been included in the report and that both the small and large retailers who put input into this process have been listened to.
 
Key points in the ARA’s FSI submission:

• Rule changes are required in relation to co-branded or companion cards issued by financial institutions and must include both three and four party schemes.

• Merchants should have the choice of routing for all payment transactions including, but not limited to, AMEX, scheme debit and contactless transactions, allowing the lowest transaction costs possible.

• As internet transactions increase (currently at 6 percent of total retail – expected to grow to 12 percent of retail sales by 2020) and technology changes rapidly from cards to mobile devices to new POS equipment, merchants will need to invest heavily in new technology. Merchants must be consulted as changes to the payment system occur as merchants are an integral part of the payments system.

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

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

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America seeks to abolish GST loophole while Australian retailers continue to suffer

THE Australian Retailers Association (ARA) urges all Australian state governments to stop playing politics and support the closing of the LVIT loophole following yesterday’s announcement that a coalition of American local and state government officials came together to insist on Congress levelling the tax playing field by passing the ‘Marketplace Fairness’ legislation.

The Marketplace Fairness Act (MFA) would bring sales taxes into the 21st century enabling local stores and online sellers to operate under the same rules.

The Act helps main street businesses by allowing local and state governments to collect already-owed taxes regardless of whether a purchase is made physically in a store, on the phone or online.

ARA Executive Director Russell Zimmerman said this announcement has re-ignited the GST debate and highlights the importance of Australia following suit.

“Australian retailers have been at a disadvantage for too long as the current system is outdated and does not reflect the realities of today’s marketplace," Mr Zimmerman said.

“Unfortunately, politics had got the better of the process in Western Australia (WA), and the blame does need to be levelled at the WA State Government which is refusing to allow changes to the GST unless it gets a bigger share of the GST pie.

“The WA Government must understand the impact this tax is having on its own local retailers. This loophole is costing thousands of retail jobs in Australia – a further 33, 000 jobs will be lost by 2015 in the discretionary retail sector, having already lost 80,000 jobs since 2007.

“The ARA will not give up the fight - we will be re-engaging with all key stakeholders to once again push the case to change this unfair tax arrangement at all levels of government. We will also be sure to target those governments not acting in the best interests of their local businesses,” Mr Zimmerman said.

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

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

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