Thursday, 11 January 2018

FINANCE

Treasurer Scott Morrison announced an extension of the PC inquiry into horizontal fiscal equalisation. [Full Text]

Treasury issued documents relating to income inequality. [Full Text]

FINANCE / HOUSING AND PROPERTY

Treasury issued information relating to Labor's negative gearing and capital gains tax policies. [Full Text]

Shadow Treasurer Chris Bowen said that the released documents refute the Government's attack on Labor's policies. [Full Text]

The Property Council said negative gearing should be retained with policy efforts focused instead on pulling the levers that can have a real impact on supply and prices. [Full Text]

The HIA said approvals for new dwellings jumped by 11.7 per cent during November to reach their highest level since August 2016. [Full Text]

Master Builders said non-residential approvals data was up in value terms by 6 per cent in November, and up by more than 13 per cent over the previous 12 months. [Full Text]

The ABS issued 'Building Approvals, Australia, Nov 2017'. [Full Text]

FINANCE / ENERGY / TRANSPORT

Treasurer Morrison said the Government has acted to reduce energy bills and petrol prices. [Full Text]

FINANCE / ENERGY

DEE invited submissions to a review of the operation of the Clean Energy Finance Corporation Act. [Full Text]

ENERGY / ECONOMICS

DIIS issued 'December 2017 Resources and Energy Quarterly and Major Projects'. [Full Text]

Minister Matt Canavan said that report showed the value of the resources sector to the economy. [Full Text]

ECONOMICS

The RBA issued the Index of Commodity Prices for December. [Full Text]

AiGroup's Performance of Manufacturing Index fell 1.1 points to 56.2 in December. [Full Text]

AiGroup's Performance of Services Index lifted by 0.3 points to 52.0 in December. [Full Text]

ECONOMICS / HOUSING AND PROPERTY

AiGroup's Performance of Construction Index eased by 4.7 points to 52.8 in December. [Full Text]

INDUSTRY

The Australian Government announced the appointment of Stephen McBurney as the Commissioner of ABCC for a five-year term commencing on 6 February. [Full Text]

Master Builders said that the appointment of a permanent Commissioner would boost industry confidence. [Full Text]

NEW SOUTH WALES / PLANNING

Professors Rob Roggema from UTS and Peter Bishop from UCL said before creating a 'third city' in Sydney's west, current infrastructure should be bought up to international standards. [Full Text]

NEW SOUTH WALES / TRANSPORT

Premier Gladys Berejiklian and Minister Andrew Constance announced the completion of 400 NSW Government transport infrastructure projects. [Full Text]

NEW SOUTH WALES / ENVIRONMENT

Minister Gabrielle Upton announced new air quality monitoring stations in Parramatta, Gunnedah and Narrabri as part of NSW's Air Quality Monitoring Network. [Full Text]

NEW SOUTH WALES / LOCAL GOVERNMENT / ENVIRONMENT

Minister Upton issued Blue Mountains City Council with a notice of intention to issue a Performance Improvement Order as a result of asbestos handling concerns. [Full Text]

NEW SOUTH WALES / INDUSTRY / REGULATION

Minister Matt Kean announced an Australian-first defect bond scheme to provide a structured process to rectify defects early in the building lifecycle. [Full Text]

Minister Victor Dominello announced that changes to the NSW Home Building Compensation scheme have commenced. [Full Text]

NEW SOUTH WALES / INDUSTRY / EDUCATION

Minister Adam Marshall said enrolments in Certificate IV in Property Services (Real Estate) increased 44 per cent in 2017. [Full Text]

NEW SOUTH WALES / TOURISM / ECONOMICS

Minister Marshall said that over a six month period, Sydney.com and Visitnsw.com generated more than 2.9 million sales leads for the NSW tourism industry. [Full Text]

NEW SOUTH WALES / TOURISM / PLANNING

The industry is responding to demand from increasing visitor numbers to Sydney with 7,100 new and refurbished hotel rooms open for business by 2022, Minister Marshall said. [Full Text]

NEW SOUTH WALES / TOURISM / RURAL AND REGIONAL

Minister Marshall announced a two-year partnership between the NSW Government and Webjet to promote Sydney, and rural and regional NSW. [Full Text]

NORTHERN TERRITORY / PLANNING

Chief Minister Michael Gunner said that the Cavenagh House building will be demolished and replaced by a 'green' nine-storey office tower which will become the new administrative headquarters for the Department of Health. [Full Text]

VICTORIA / HOUSING AND PROPERTY / ECONOMICS

Treasurer Tim Pallas said the value of residential building approvals rose 47.8 per cent in November and 92.7 per cent over the year. [Full Text]

VICTORIA / FINANCE

Treasurer Tim Pallas said that Prime Minister Malcolm Turnbull's proposed GST cut for Victoria would have a major impact on the state's public services. [Full Text]

VICTORIA / FINANCE / INFRASTRUCTURE

Shadow Minister Anthony Albanese said that Victoria will receive 9.7 per cent of the Federal infrastructure budget this financial year, despite being home to 25 per cent of Australians. [Full Text]

VICTORIA / INFRASTRUCTURE / TRANSPORT

Minister Luke Donnellan said that Hoddle Street in Melbourne, Victoria's busiest arterial road, will be shut for an eight-day construction blitz. [Full Text]

VICTORIA / EDUCATION

Acting Premier James Merlino announced that Melbourne's first vertical public school, South Melbourne Primary School, will open in two weeks. [Full Text]

VICTORIA / PLANNING / RURAL AND REGIONAL

Acting Minister Jaala Pulford said that Prime Minister Turnbull has failed to deliver a single dollar from a $20 million jobs and investment package promised to Geelong in 2016. [Full Text]

QUEENSLAND / ENERGY

Minister Dr Anthony Lynham discussed the Queensland Government's strategy to ensure electricity supply and help reduce wholesale prices. [Full Text]

QUEENSLAND / GENERAL

The AEC issued names and boundaries of federal electoral divisions in Queensland. [Full Text]

SOUTH AUSTRALIA / ECONOMICS / INFRASTRUCTURE

Shadow Minister Albanese said that Federal infrastructure investment in SA will plummet by 90 per cent from $921 million this financial year to $95 million in 2020-21. [Full Text]

SOUTH AUSTRALIA / INFRASTRUCTURE / TRANSPORT

Minister Stephen Mullighan discussed the $80 million tram extension project. [Full Text]

SOUTH AUSTRALIA / INFRASTRUCTURE / FINANCE

Minister Mullighan said SA Liberals have been caught blocking infrastructure investment for the Gawler Electrification project. [Full Text]

WESTERN AUSTRALIA / FINANCE

Shadow Treasurer Chris Bowen said only Labor has a plan to help fix WA's GST revenue share. [Full Text]

WESTERN AUSTRALIA

The Property Council said that in 2018 the property industry is expecting real progress on key policy reforms that will support WA's growth. [Full Text]