CEOs are more optimistic about growth than international counterparts, despite concerns about over-regulation and the Government's response to Australia's fiscal deficit, according to a PwC report launched today.
The ‘Review of Tax Impediments Facing Small Businesses’ by the Board of Taxation was published this week. The report outlines the Government’s plans to reduce the red tape hindering the success and growth of Australia’s small businesses.
SUBJECTS: Industrial relations, contracting laws, Prime Minister Tony Abbott, Victorian Liberal Presidency
Thank you for joining us this morning and we will come to some of the other issues affecting the Government in just a moment, but what do you want to do about the law on contractors and employment law?
The clarity of what is a contractor versus an employee is something that is very important to everybody contributing to the workplace - whether you are the person that has been engaged to carry out certain work and complete certain assignments, or whether you are a business that is engaging that talent.
The Productivity Commission has today released five issues papers, commencing its review of the workplace relations system.
The Productivity Commission has for the first time established an online comments forum on its website which individuals can use to quickly and simply submit their experiences of the system to allow greater participation in the review.
Submissions can be made on any aspect of the system covered by the Terms of Reference, whether or not they are covered in the issues papers.
The independent review, foreshadowed in the Coalition’s Policy to Improve the Fair Work Laws (released in May 2013), will assess the operation of the Fair Work framework and consider options for improvement before making recommendations to Government.
The Australian Minister for Agriculture, Barnaby Joyce, and the Queensland Minister for Agriculture, Fisheries and Forestry, John McVeigh, have today reaffirmed their governments’ commitment to strengthening agricultural industries in Queensland by announcing over $14 million in new research and development investments.
Making the announcement in Toowoomba today, Minister Joyce said the funding was for three separate projects which would together fund around 17 research and technical jobs in Queensland.
Mount Isa is a thriving and dynamic city in the heart of the great North West of Queensland.
Today the Isa is an icon of industry, oasis for commerce and land of bountiful opportunity.
Trade and Investment Minister Andrew Robb today welcomed an international campaign promoting the achievements of young Australians and the power of the nation’s education system to shape a career.
Culminating on 26 January 2015, Australia Day, the Future Chasers: Australian Experiences, Global Impact campaign profiles 19 young decision-makers helping to define the next generation’s success and influence.
The campaign will tell the stories of 15 young Australians and four international alumni from Malaysia, Indonesia, Sri Lanka and India.
Offshore fisheries management near Western Australia will be strengthened with changes agreed to by the Parliamentary Secretary to the Minister for Agriculture, Senator Richard Colbeck, and the Western Australian Fisheries Minister, Ken Baston.
The changes to the Offshore Constitutional Settlement arrangements between the Commonwealth and Western Australia were agreed to at the Fisheries Ministers Meeting in Melbourne in December and implementation will begin immediately.
Senator Colbeck said the Australian Government is committed to a collaborative approach to fisheries working with the jurisdictions on ways to streamline regulations and reduce red tape.
Minister for Agriculture, Barnaby Joyce, today said that Australia has now been established as a clear world leader in the welfare of exported live animals. The Exporter Supply Chain Assurance System (ESCAS) report released today contains data that indicates more than 99% of livestock exported have experienced a positive welfare outcome since comprehensive welfare standards spanning the entire supply chain were introduced in 2011.
The high rate of compliance with international animal welfare standards covers more than eight million exported animals to over 860 facilities across 18 countries.
Sydney is a global city at the heart of the Australian economy. More than $100 billion is generated here each year – almost a quarter of our entire state’s GDP.
Our amazing harbour and landmarks such as the Harbour Bridge and Sydney Opera House, world class international events, museums, galleries and cultural life are well known. But it’s our investment in both our community and our economy that I’m most excited about.
Geotechnical analysis of the northern parts of Commonwealth-owned land at Badgerys Creek commenced today.
Deputy Prime Minister and Minister for Infrastructure and Regional Development Warren Truss said the geotechnical drilling is a crucial step in planning for the proposed Western Sydney airport.
“A team of engineers will be at Badgerys Creek to profile the subsoil and rock at several locations over the next week,” Mr Truss said.
“A drilling rig will drill several boreholes to a depth of 20 metres, and pits up to five metres deep will be dug by an excavator. The samples will be analysed over the coming weeks.
Australian agricultural opportunities were successfully promoted during a week-long trade mission to India as part of the Australian Business Week in India (ABWI) last week.
Senator Richard Colbeck, Parliamentary Secretary to the Minister for Agriculture, represented Australian agriculture at ABWI. The event was attended by about 450 people including representatives of Australia’s food, beverage, fibre and textile industries, and the Australian and Indian governments.
“It was a real privilege to be involved in discussions that will give Australian exporters, our food and beverage, and innovative agricultural technology companies an opportunity to engage with the important trade market in India,” Senator Colbeck said.
Western Australian farmers can now apply for loans for debt restructuring as well as productivity enhancement activities under the Farm Finance concessional loans scheme.
Minister for Agriculture, Barnaby Joyce, said expanding the Farm Finance concessional loans to include debt restructuring introduced the sort of flexibility that farmers had been calling for and will provide another option for Western Australian farming businesses experiencing drought conditions.
“We listened to farmers across WA about what they need to help them through, and that’s why we worked with the Western Australian Government to expand the loan conditions for the $25 million that is available under this second round of Farm Finance loans.
The Assistant Treasurer, the Honourable Josh Frydenberg, today released the Inspector-General of Taxation's Review into the Australian Taxation Office's (ATO) administration of valuation matters.
Valuation requirements have been an area of ongoing concern for taxpayers. The Inspector-General has identified inherent difficulties associated with the nature and associated costs of valuations.
Given these issues, the Inspector-General has made nine recommendations to the ATO aimed at taking a more practical and transparent approach to assessing taxpayer valuations and developing administrative safe harbours.
The results of today’s ACCI Survey of Investor Confidence are a timely reminder that when it comes to building our economic future, we can no longer afford to just “set and forget” in the tradition of the Labor Party.
The survey is a call to action for us all to work in the best interests of our country to fix our economy.
However, with today’s release of the December quarter figures the Labor Party continue to scaremonger and happily peddle doom and gloom.
Mr Bowen and the Labor Party spent 2014 being obstructionists. They have actively blocked budget measures aimed to fix and build our economy.
Leader of the Government in the SenateMinister for EmploymentMinister Assisting the Prime Minister for the Public ServiceSenator for TasmaniaMedia reports about the spread of the culture of unlawfulness in the building and construction industry highlight the need for the Senate to pass legislation to re-establish the Australian Building and Construction Commission (ABCC), Minister for Employment Senator Eric Abetz said today.
“The deliberate abolition of the ABCC by the former Labor Government has, according to the FWBC, seen the disregard for the law that defined the industry in Victoria and Western Australia spread to South Australia, Queensland and New South Wales,” Senator Abetz said.
Wollongong is a dynamic and innovative city that offers outstanding investment opportunities. It is the capital of the Illawarra region, which is the third largest regional economy in New South Wales, and produces more than $16 billion in goods and services each year.
Perth Airport's strategic direction has been laid out for the next 20 years, with its Master Plan approved by the Australian Government.
Acting Prime Minister and Minister for Infrastructure and Regional Development Warren Truss said the Master Plan predicts significant growth in passenger and aircraft numbers.
“Perth Airport currently contributes $2.61 billion to the gross regional product of Western Australia and facilitates 17,800 full time jobs,” Mr Truss said.
“The Master Plan I have approved outlines its aim of lifting gross regional product to an exceptional $7.04 billion by 2034, which will have significant benefits for Western Australia's economy.
Australian lychee and mango growers are now able to export to the US, opening the door to the lucrative market for Australia’s 800 growers.
Minister for Agriculture, Barnaby Joyce, today congratulated lychee and mango growers, exporters and the food treatment industry that have helped pave the way to open the valuable US market and wished them every success.
“I look forward to an increase in the numbers of growers who take up the opportunity presented by this US deal into the future,” Minister Joyce said.
Australian growers produced 45,000 tonnes of mangoes in 2012-13 with exports valued at $16 million. Each year approximately 3500-4000 tonnes of lychees are produced in Australia with exports estimated to be worth $18-20 million.
Minister for Trade and Investment Andrew Robb is encouraging businesses to explore potential export opportunities with Japan, as the Free Trade Agreement with Australia’s second-largest trading partner commences today.
Speaking from Mumbai where he is leading a 450-strong Australian business delegation, Mr Robb said the Japan-Australia Economic Partnership Agreement (JAEPA) provides improved access to Japan’s growing markets, with more than 97 per cent of Australia’s exports receiving preferential or duty free access when fully implemented.
Local Governments will be recognised for their vital role in Australian communities through the 2015 National Awards for Local Government.
Acting Prime Minister and Minister for Infrastructure and Regional Development Warren Truss said the awards give local governments the opportunity to share knowledge and experience, to gain recognition and to grow as a sector.
“As former Mayor, I understand the vital role Councils play in delivering innovative solutions to local challenges,” Mr Truss said.
“Through these awards, the Australian Government celebrates the essential role local governments play in the lives of people living right across Australia.
Australian businesses have new opportunities to boost exports and break into key Asian markets with the implementation of landmark free trade agreements with Japan and South Korea. Australian consumers will also benefit from better priced manufactured goods including cheaper cars and electrical appliances.
The Japan–Australia Closer Economic Partnership Agreement (JAEPA) comes into force today on the heels of the Korea–Australia Free Trade Agreement (KAFTA), which took effect on 12 December 2014.
Industry and Science Minister Ian Macfarlane said Australian businesses and investors now have a competitive edge in a market with a combined population of more than 177 million people and a combined GDP of more than $6 trillion.
The Australian Government is delivering on its election commitment to improve the health of Western Australia's Swan and Canning rivers with $1 million in funding.
Minister for the Environment, Greg Hunt today announced the funding boost during a visit to the iconic Western Australian river system with the Federal Member for Swan, Steve Irons.
"Together with other major rivers around Australia, the Swan and Canning rivers are receiving Australian Government support under the National Landcare Programme to improve their water quality and habitats, and increase community awareness of river health," Mr Hunt said.
Getting mouldboard ploughing right, the advantage of an expensive herbicide strategy and how not to narrow windrow burn are just some of the initial learnings from a long-term trial in southern Victoria’s high rainfall zone. The project was set up to address the problem of herbicide resistance in the high rainfall zone (HRZ), particularly southern Victoria. It is being led by the University of Adelaide’s Dr Chris Preston in conjunction with Southern Farming Systems (SFS).