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Labor pledges not to restrict negative gearing or increase CGT

MASTER BUILDERS Australia has commended the Australian Labor Party for its commitment to maintain the current settings for negative gearing and capital gains tax.

“The Opposition Leader’s pledge that Labor will not restrict negative gearing or increase capital gains tax should they win government at the next Federal Election is good news for the building industry, the economy and the community,” Master Builders Australia CEO Denita Wawn said.

“This announcement shows the Opposition’s recognition that new home building and increasing home ownership is vital to economic recovery and people’s financial security.

“With a Federal Election looming, the Opposition’s acknowledgement that restricting negative gearing and increasing capital gains tax would undermine housing supply, jobs and sabotage economic recovery is timely,” Ms Wawn said.

“We appreciate the efforts of the Shadow Minister for Housing and Homelessness, Jason Clare MP, to discuss this issue with Master Builders since the last Federal Election.

“Master Builders looks forward to continuing working with him to advance other policies that promote the accessibility of homeownership to all Australians and increase the supply of an appropriate mix of housing options, including social and affordable housing,” Ms Wawn said.

www.masterbuilders.com.au

 

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Unionised hair stylists set for pay rise through landmark agreement

CASUALLY EMPLOYED hair stylists are set to receive a pay rise for working weekends, after Hair Stylists Australia, the SDA, and Hair and Beauty Australia reached an agreement they will present to the Fair Work Commission.

Under the agreement, a total increase of about $5.75 per hour will be added to weekend casual rates. The pay rise will be implemented gradually during 2022 and 2023. This means a casual hair stylist working a full eight-hour days over the weekend would take home an extra $92.

The agreed position will now be presented to the Full Bench of the Fair Work Commission on July 28. The Australian Workers Union, which founded and supports Hair Stylists Australia, lauded the agreement as a stride forward for the working rights of hair stylists.

"By standing up and joining their union, hair stylists have shown they can take on their bosses and win themselves a pay rise," AWU national secretary Daniel Walton said.

"All casual hair stylists who work weekends will see their pay rise off the back of this decision. Before this case started, bosses thought they could cut the wages of Australian hair stylists, instead they will now be raising them.

"As qualified tradespeople, Australian hair stylists are underpaid and undervalued for the work they do. While in the long term we want to achieve much more, we should nevertheless recognise this decision as historic because hair stylists were able to stand up for themselves at the Fair Work Commission and win a genuine advance.

"If hair stylists continue to get behind their union this will be just the first of many wins to come."

Hair Stylists Australia ambassador Rachael Yarwood, who works as a causal senior stylist in suburban Sydney, said the result fixed an inequity in the system.

“My colleagues, who were permanent, earned exactly the same as me on our Saturday shifts, and it never seemed fair. If they took time off, they were still paid. But if my son was sick, or if I went on holiday, I got nothing. I thought casuals were supposed to be paid more to make up for that,” Ms Yarwood said.

“Without casual loading, my Saturday pay is only $2 more. I don’t know how many people would give up their weekends for an extra $2 an hour.

"We’re just standing up for ourselves and saying: ‘This isn’t fair. Why are we the only trade that’s being paid like this?’ I’m really glad that HSA has helped us finally make it right.”

 

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Climate Council says 'Australian gas biggest loser' as Japan revises energy targets 

JAPAN plans to double its renewable energy target for 2030 and, at the same time, halve its use of gas, a move that could pull the rug out from Australia’s already flimsy gas-led recovery plans, according to the Climate Council.

“Japan is one of Australia’s biggest export markets for LNG. This development could undermine the Federal Government’s support for new gas earmarked for export,” Climate Councillor and energy expert Madeline Taylor said.

“The government has allocated tens of millions of dollars into opening up new gas basins like the Beetaloo basin in the NT and the Bowen and Galilee basins in Queensland, but it’s not clear this spending is necessary, given the growing uncertainty around having buyers for this gas,” Dr Taylor said. 

The revised figures, laid out in a draft plan by Japan’s Ministry of Economy, Trade and Industry, report renewables should account for 36-38 percent of power supply in 2030, double the 18 percent level in March 2020. 

Meanwhile, the share of liquefied gas in Japan’s energy mix is set to drop by almost half from 37 percent today to around 20 percent in 2030. 

“Japan’s revised energy plans come months after US President Joe Biden’s Leaders Summit on Climate, where Japan pledged to slash emissions 46 percent from 2013 levels by 2030, up from its earlier goal of 26 percent,” Dr Taylor said. 

“In contrast, Australia has not adopted a binding net zero emissions target, nor has it raised the ambition of its 2030 target, which is well below scientific recommendations. Japan’s move shows global momentum for climate action is accelerating. This creates economic risks for Australian LNG exports, which represent up to 82 percent of Australian gas production. 

“As one of the sunniest and windiest countries on earth, Australia could be generating and exporting renewable energy to meet rising global demand. The government must accelerate progress towards a renewables-powered economy instead,” Dr Taylor said.

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Senex and Queensland keep doing heavy lifting on domestic gas supply

THE Queensland Resources Council (QRC) has congratulated Senex Energy on signing a new gas supply agreement for up to 11 petajoules (PJ) of natural gas from the company’s Atlas operation in the state’s Surat Basin to supply Adbri’s South Australian manufacturing operations to 2030. 

QRC chief executive Ian Macfarlane said today’s announcement showcases the critical role Queensland’s gas industry is playing in boosting jobs in industry and manufacturing in other parts of the country.   

QRC member Senex has now signed almost 60 PJ of natural gas sales agreements - supplied from its Atlas operation near Wandoan - with a range of household names including CSR Building Projects, Orora, Visy Glass, CleanCo Queensland and Southern Oil Refining. 

“Senex’ Atlas operation is a domestic-only gas production tenure, which is only offered in Queensland, and ensures Australia’s manufacturing industries can access the gas they need to operate,” Mr Macfarlane said. 

“The QRC has always been a strong supporter of Queensland’s domestic gas policy and today’s announcement is another example of how this state continues to do all the heavy lifting to provide extra gas for the eastern Australian market. 

“Queensland’s resources industry is playing a critical role in keeping the Queensland economy working and we should make full use of our state’s abundance of renewable and non-renewable energy resources.” 

Senex has agreed to supply low-carbon cement manufacturer Adbri with natural gas for seven years from 2023.

www.qrc.org.au

 

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Committee to examine mobile payment and digital wallet financial services and supply chain financing

THE Parliamentary Joint Committee on Corporations and Financial Services will examine cutting edge developments in Australian financial services across three days of hearings next week.

On July 26 and 27, the committee will mainly consider the nature of commercial relationships and business models operating within the mobile payment and digital wallet financial services ecosystem.

On July 28, the committee will explore supply chain financing. Aspects of supply chain financing will also be examined in days one and two as two witnesses are scheduled to give evidence in relation to both inquiries.

Committee Chair, Andrew Wallace MP, said the mobile payment and digital wallet inquiry would provide the committee with an opportunity to understand the way mobile payments and digital wallets are developing as major players in Australia’s e-commerce ecosystem.

"Australians are usually early adopters of technology," Mr Wallace said. "Many of the submissions received so far have highlighted that Australia is emerging as one of the largest users of contactless payments in the world.

"COVID-19 has further escalated the adoption of digital payment options, so it is important for this committee to explore the commercial relationships and business models that currently support these popular payment methods,’ Mr Wallace said.

The committee is keen to hear from providers of these financial services about the relationship they have with merchants and vendors and how this influences the end user, the consumer. Consideration will also be given to international commercial arrangements and what impact these have on Australian consumers, competition, and pricing.

"In order for us to be on the front foot in delivering a safe and secure digital wallet system in Australia’s e-commerce landscape, we need to ensure the adequacy and performance of Australia’s legislation, regulations, self-regulation, industry codes, standards and dispute resolution arrangements," Mr Wallace said.

On the third day the committee will hear evidence related to the use of supply chain financing in Australia’s business environment.

"We know that the supply chain financing market in Australia has had a slower uptake than North America and Europe, for example, but we are nevertheless keen to get a greater sense of how this kind of financing is being used to support business operations in Australia and any associated risks," Mr Wallace said.

"The recent collapse of supply chain financing firm Greensill has thrown a spotlight on this finance mechanism and the committee considers that the time is right to take a preliminary examination of supply chain financing to determine whether the regulatory settings are fit for purpose prior to determining whether a full parliamentary inquiry should be undertaken."

Committee website: Parliamentary Joint Committee on Corporations and Financial Services – Parliament of Australia (aph.gov.au)

 

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AWU welcomes the NSW Government's recognition of the 'future of gas'

THE Australian Workers' Union (AWU) has welcomed the NSW Government's 'Future of Gas Statement,' which has reaffirmed the government's commitment to the Narrabri gas project as well as increasing pipeline infrastructure to provide access to markets.

The statement aims to provide industry, regional communities and farmers on the role gas will play in supporting economic prosperity and future land use for gas exploration.

AWU national secretary Daniel Walton said the Future of Gas Statement was an important clarification of the important role gas had to play in the future of the state.

"The Narrarbi gas project has the potential to help Australian workers in a range of ways and I'm glad to see the NSW Government commit to these today," Mr Walton said.

"Connecting NSW directly to the Australian Gas Supply Hub in Wallumbilla will be a crucial move, given the current pipeline has been at capacity during the current high market.

"Crucially, the AWU has long emphasised the important and special role gas has in supporting manufacturing. We are therefore very happy to see a Special Activation Precinct (SAP) at Narrabri underway to enable opportunities for energy-intensive manufacturing, like fertiliser and plastics manufacturing, to be located near a secure and reliable gas supply," Mr Walton said.

"Gas from Narrabri can complement renewable energy initiatives by firming the grid, and the strict regulations will ensure all production is harmonious with other nearby land uses.

"We also welcome the commitment to invest in opportunities for the use of hydrogen in hybrid with natural gas and eventually as a replacement fuel."

Mr Walton said while the bulk of the statement was positive, the continued commitment to LNG important terminals remained confusing.

"Australia has abundant gas reserves. The idea that we would be setting up facilities to 'import' gas via ships is bizarre and future Australians will scratch their heads that this concept was entertained," Mr Walton said.

"Australian buyers should not have to 'import' gas the same way gas-poor nations in our region have to. Local manufactures are lucky enough to operate in a country with abundant gas, they just need their governments to introduce measures to shore up affordable supply."

 

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Upgrades to Defence Training Areas and Ranges in the Northern Territory

THE Parliamentary Standing Committee on Public Works will scrutinise a $747 million proposal from the Department of Defence to provide essential upgrades to facilities and infrastructure at four existing Defence training areas in the Northern Territory at a public hearing on Thursday July 22, 2021.

The inquiry into the Department of Defence, United States Force Posture Initiatives Northern Territory Training Areas and Ranges Upgrades will examine the need and cost effectiveness of the proposed upgrades to: Robertson Barracks Close Training Area; Kangaroo Flats Training Area; Mount Bundey Training Area; and Bradshaw Field Training Area in the Northern Territory.

Public hearing details

Date: Thursday, 22 July 2021
Time: 3.30pm to 4.30pm (AEST)
Location: via teleconference

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

The Parliamentary Standing Committee on Public Works is not involved in the tendering process, awarding of contracts or details of the proposed works. Inquiries on these matters should be addressed to the relevant Commonwealth entities. 

For more information about this committee, visit its website.

 

 

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Aquaculture Committee travels to the Northern Territory

THE House Agriculture and Water Resources Committee will travel to the Northern Territory next week to hear from a range of stakeholders as part of its inquiry into the Australian aquaculture sector.

The hearings and several site visits in the Darwin region will form part of the committee’s inquiry into the Australian aquaculture sector.

Committee Chair, Rick Wilson MP, said aquaculture businesses and research organisations will be among the witnesses appearing before the Committee, including: Humpty Doo Barramundi, Paspaley Group, and the Northern Territory Government, with representatives from the Darwin Aquaculture Centre.

"These hearings will contribute significantly to the existing body of evidence for this inquiry," Mr Wilson said. "The committee looks forward to discussing opportunities for the expansion of the aquaculture sector in northern Australia.

"We look forward to hearing from aquaculture enterprises about their experiences running successful ventures. It will be particularly useful to learn about present challenges and how the government can help redress concerns around biosecurity, environmental management, and current regulatory frameworks," Mr Wilson said.

For further information, visit the inquiry website.

Public hearing details

Date: Monday, 26 July 2021
Time: 10.10am to 12.10pm ACST
A live audio stream of the hearing will be accessible at www.aph.gov.au/Watch_Read_Listen.

 

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Indigenous Affairs Committee to conduct final hearings for participation inquiry

THE Indigenous Affairs Committee will this week speak with representatives from the Department of Finance, Indigenous Business Australia, the National Indigenous Australians Agency, Supply Nation, Accor Hotel Group, and Voyages Indigenous Tourism in the final series of public hearings for its Inquiry into Pathways and Participation Opportunities for Indigenous Australians in Employment and Business.

Committee Chair, Julian Leeser MP, noted that this discussion would offer key stakeholders an opportunity to make final observations on matters which have arisen throughout the inquiry.

"The committee looks forward in particular to discussing the merits of current government procurement and employment policies, as well as suggested improvements which have been canvassed by various stakeholders," Mr Leeser said.

"The committee has been focused throughout this inquiry on ways to overcome some of the barriers to employment and business for Indigenous Australians. These final hearings will shed further light on opportunities to do this through various Government programs," Mr Leeser said.

Public hearing details

Date: Thursday, 22 July 2021
Time: 12pm to 5pm AEST

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

A full program will be available at the inquiry website.

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Parliamentary public hearings on Mental Health and Suicide Prevention

THE House Select Committee on Mental Health and Suicide Prevention has announced the dates for its July public hearings with a range of health and allied health stakeholders.

The Committee had planned to hold these hearings at various locations across the country, including Perth, Brisbane, Melbourne, and Sydney. COVID-19 restrictions have meant these hearings will now be held via videoconference.

The Committee will hear from organisations, governments, and individuals on workforce concerns and service accessibility. The Committee will also enquire into digital models of service, affordability, and the capacity of mental health initiatives to meet the needs of at-risk communities.

Chair of the Committee, Dr Fiona Martin MP, said, "These upcoming hearings give the Committee an opportunity to explore how best to utilise the mental health workforce to ensure the safety, accessibility, equity and quality of mental health services across Australia. The public hearings enable the Committee to build upon its evidence base and understand pressing issues across the mental health and suicide prevention sectors."

The final report of the Committee is due to be presented by November 1, 2021.

Public hearing details

Date: Wednesday 21 July 2021
Time: 10am to 4:30pm AEST

Date: Monday 26 July 2021
Time: 9:30am to 4pm AEST

Date: Wednesday 28 July 2021
Time: 10am to 4pm AEST

Date: Thursday 29 July 2021
Time: 10am to 4pm AEST

The public hearing programs will be available on the Committee website. Due to the public hearings being held by videoconference, public access will be available via the live broadcast at aph.gov.au/live.

Lifeline Australia 13 11 14
BeyondBlue 1300 224 636

Suicide Call Back 1300 659 467
eheadspace 1800 650 890

Kids Help Line 1800 551 800

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Qld resources sector to join ‘Team Australia’ on regional vaccination roll-out

QUEENSLAND resources companies have been asked to put their hands up to help roll out COVID-19 vaccinations in regional communities once vaccine supplies increase in the coming weeks and months.

The Queensland Resources Council (QRC) is working with the Queensland and Australian governments, Minerals Council of Australia (MCA) and the Australian Petroleum Production and Exploration Association (APPEA) to determine how members can help with transport, logistics, facilities and medical staff to fast-track a regional vaccination program.

QRC chief executive Ian Macfarlane has sent a survey to all members to gauge what level of support the Queensland resources sector can provide over the coming months.

Mr Macfarlane said the QRC would work with the State Government, Queensland Health’s Primary Health Networks and Hospitals, state-based vaccine delivery authorities and local councils to give regional Queenslanders faster access to vaccinations.

“Right through the COVID crisis, the health and safety of our employees and the regional communities in which we operate has always been our top priority,” Mr Macfarlane said.

“If we can go a step further to safeguard regional Queenslanders by supporting the ‘Team Australia’ vaccination roll-out, I know resources companies will do what they can to help out.”

Last week the MCA attended a roundtable meeting with Federal Treasurer Josh Frydenberg and Vaccine Taskforce head Lieutenant General John Frewen to discuss how Australia’s business community could expedite the vaccine roll-out once more stocks became available.

As a result, the QRC and other MCA members around Australia have been asked to consider how resources companies can ‘encourage, incentivise and participate’ in a national vaccination program.

Mr Macfarlane said more details around vaccine availability and the roll-out program still need to be provided by government, but in the meantime the QRC is compiling a list of resources companies with the capacity to help fast-track vaccinations in regional areas.

www.qrc.org.au

 

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