Wednesday, 19 June 2019 Sydney

Invest In Australia Blog::

  • Liberty’s acquisition of Steelforce not opposed

    The ACCC will not oppose the proposed acquisition of Steelforce Holdings Pty Ltd (Steelforce) by GFG Alliance Australia (Liberty).

    Liberty and Steelforce both manufacture and distribute long steel products, which are used for construction and industrial purposes.

    The ACCC’s review focused on the wholesale supply and distribution of three types of long steel products: hollows, structurals and merchant bars.

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  • Concerns about Landmark’s proposed acquisition of Ruralco

    The ACCC has released a statement of issues raising preliminary competition concerns about Nutrien’s proposed acquisition of Ruralco (ASX: RHL).

    Nutrien operates in Australia through its wholly owned subsidiary, Landmark. Landmark and Ruralco supply rural merchandise such as fertiliser, fencing and animal health products and other services through their branded retail store networks.

    Both companies also have wholesale businesses supplying rural merchandise to independent stores.

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  • Government action on homelessness

    The only way to address the housing shortage and reduce homelessness is to provide more homes for those who need them.

    We are working hard to deliver on our Plan, but we recognise there is still more to be done.

    To accelerate the building of more houses to address this challenge, we have heavily front-ended our $125 million housing commitment in Stage Two of the Government’s Affordable Housing Strategy.

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  • Melbourne selected as first international city for Uber Air

    Melbourne has been announced as the first international launch city for Uber Air at the Uber Elevate Summit 2019 in Washington, DC.

    Melbourne will become the first city outside the United States to trial Uber’s aerial ridesharing service.

    Uber Air is an aerial ridesharing service being developed by Uber, which will use small, environmentally friendly electric vertical take-off and landing (VTOL) aircraft for commuter travel in cities across the world.

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  • Ombudsman welcomes Bill to better protect subcontractors

    The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed changes to the Small Business Development Corporation Act 1983 tabled by Small Business Minister Paul Papalia in the Western Australian Parliament today.

    The amendments will boost the powers of WA’s Small Business Commissioner David Eaton to receive and investigate complaints of mistreatment of subcontractors and small businesses on construction projects.

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  • Labor stunt fails

    Labor’s constant time wasting stunts in Parliament do nothing to help Tasmanians.

    This week in Parliament, the Government is focussed on delivering the Budget, which will deliver more services for Tasmanians, and First Homeowner Grant legislation, which will support more people to get a home.

    Labor are again focussed on political games.

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  • Labor clearly not paying attention

    Labor is either being ignorant or wilfully misleading around what they have been told previously both in Parliament and at Estimates.

    Just last year in Budget Estimates, I explained in response to a question from Sarah Lovell that not all beds on the new wards being constructed for young Tasmanians would be dedicated for mental health.

    I said:

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  • Slowing growth in filled jobs

    The total number of filled jobs in Australia grew slowly in the March quarter 2019, according to new figures released today by the Australian Bureau of Statistics (ABS). Filled jobs (that is, jobs with a person in them) increased by around 0.2 per cent in the quarter, and 2.8 per cent over the year, in seasonally adjusted terms. 

    “This slowing growth in jobs echoes the weaker growth in employment that we have been observing since September 2018,” said Bruce Hockman, Chief Economist at the ABS.

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  • Lazy Labor's budget session shocker

    Labor’s lacklustre efforts to respond to the budget has proven once again that they are a lazy, fence-sitting, policy-free opposition.

    In the last month in Parliament, the Hodgman majority Liberal Government has handed down a budget in surplus across the forward estimates and which delivers record funding for infrastructure, health and education. In contrast, Labor has completely failed the test.

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  • Put Your Best Glass Forward For The Best Of Wine Tourism Awards

    South Australian wineries and wine-related businesses are being urged to enter the South Australian Best of Wine Tourism Awards for the chance to be thrust into the international spotlight.

    The awards, which celebrate excellence and innovation in wine tourism, are part of Adelaide and South Australia’s membership of the Great Wine Capitals Global Network.

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