WA business leaders and academics have given this Federal Budget the big thumbs up. In Perth, more than 130 business leaders and academics were treated to an analysis of the Budget at a Committee for Economic Development of Australia briefing.
WA EMPLOYERS will have to pay an extra $767.53 million in compulsory workers’ compensation premiums this year.The Premium Rates Committee has announced compulsory workers’ compensation insurance premiums will rise by an average 35.3 per cent on 30 June.
While businesses are rapidly coming to grips with the proposed introduction of a GST, the fineries of the legislation are still being debated in the Senate.Already, 128 amendments by the Federal Government have been put up for consideration.
BARRACK Street traders look like getting short-term parking and loading bays back. At Perth City Council’s 11 May meeting, Councillor Jennifer MacGill moved the maximum number of parking bays and loading zones be placed between the trees on Barrack Street
THE housing industry will gain through the $199 million expansion of the Keystart Housing Scheme to a total allocation of $499 million to give 5,000 low to moderate income homebuyers access to their own homes.
RURAL WA will get a boost from some of the projects outlined in this State Budget. Nearly $40 million has been set aside for the development of the $200 million maritime support facility and the marine industry technology park at Jervoise Bay.
WA’S western rock lobster fishery could become the first in the world to receive international certification as a sustainable, well managed fishery under the recently established Marine Stewardship Council.
THE Federal Government should hold the line, press ahead with a reform agenda of the financial sector and avoid any tendency towards populist backsliding, which could undo all the good that has been done says ASX chairman, Maurice Newman.
THE Clough group has won contracts worth $116.7 million in just one week. The group’s Indonesian subsidiary PT Petrosea TBK has won a three year extension to a major coal mining contract in the province of Kalimantan on Borneo worth $91 million.
The Federal Government’s move to censor the Internet is a cynical exercise which is doomed to fail. The Broadcasting Services Amendment (Online Services) Bill has been developed by television regulators blundering into a field they know little about.