News
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New laws could cut pay bonuses, warn miners
Businesses will likely scrap bonuses, share-based compensation and other incentives in a bid to simplify pay structures and avoid costly legal battles over what counts as ‘‘same pay’’ under the Albanese government’s complex labour hire laws, miners have warned. The Minerals Council of Australia will tell a Senate inquiry into the government’s Closing Loopholes Bill today that requirements for labour hire workers to get paid at least the same as directly engaged employees are so complex they will force business into lengthy litigation of more than a year and make such outsourcing ‘‘entirely impractical’’. The lobby group will deliver its hardline opposition to the laws on the first day of Senate hearings into the 284-page bill, which also includes rights for regular casuals to convert to permanent, minimum pay for gig workers, and jail for deliberate underpayments.
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Electric trucks may be 33pc less productive than diesel
Battery-powered mine trucks would haul less ore and spend less time on the road than diesel-fuelled alternatives, delivering a productivity hit of between 19 per cent and 33 per cent to Australia’s biggest export industry. A study of the most viable truck decarbonisation options found miners producing bulk commodities such as coal or iron ore would need to spend more money deploying a higher number of trucks plus recharging infrastructure if they wanted to maintain output volumes when switching to a zero emissions fleet. Mining technology consultancy Idoba said the switch to electric mining trucks was unlikely to be seamless and the next generation of mines could be designed differently to better suit the charging needs of electric trucks. Mr Rodgers said the productivity hit from electric trucks would not necessarily mean lower export volumes of Australian commodities.
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Labor IR Bill a ‘disastrous re-writing’ of labour laws: Minerals Council
The Federal Government’s planned industrial relations changes are a “disastrous rewriting” of labour laws that will trigger the collapse of small businesses, the peak mining body is warning. The Minerals Council is urging the Government to dump the “fundamentally flawed” legislation which it claims will harm the economy — in particular the mining sector — and add to cost-of-living pressures on families. “Small local businesses will be competing on wages and entitlements with some of the biggest companies in the world, rendering many unviable,” Ms Constable will tell the committee, according to a draft of her opening address supplied to The West Australian. “The only road out of this nightmare scenario will be litigation through the Fair Work Commission, at the company’s own expense and time. “Each company will need to satisfy the commission that they shouldn’t have been captured.”
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IRON ORE DRIVES $10B EXPORT LIFT
Stronger than expected iron ore prices have helped lift the forecast for Australia’s resources and energy exports by $10 billion this financial year, despite a deteriorating global steel demand outlook.“Despite the worsening outlook for global steel demand, iron ore prices strengthened again in September. The resilience in prices appears to reflect improved market sentiment due to the potential for new government measures to support China’s economy.”
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Nation ‘risks missing the next mining boom’
Australia must become more competitive or miss the next mining boom, with the Minerals Council of Australia warning current policy settings on taxation, project approvals and industrial relations are holding it back. The MCA has alerted the Albanese government that it risks squandering a “once-in-a-generation opportunity” to capitalise on surging demand for the critical minerals needed to help the world meet its net-zero targets.
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Employment goals undermined by damaging IR changes
The Albanese Government risks undermining its new employment aspirations by pursuing disruptive and destructive industrial relations changes that will only imperil employment and enterprise. While the stated goals and objectives defined in the government’s Employment White Paper are valuable and represent a positive step forward, they sit at complete odds with the ramifications of its so-called Closing the Loopholes bill. For employment, it is one step forward, and two steps back.
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BHP says labour Bill will smash dividends
“The effect of this proposal is that it will make Australia — and in our case, the resources sector — less competitive and more costly, and this comes at a time when global competition for investment in mining and minerals is dramatically increasing,” she said. “What that means is that a worker with decades of experience will, by law, have to be paid the same as a labour hire worker who’s brand new to the business. “For shareholders, this is something that you should be very concerned about, because where does this additional cost come from? It comes from dividends and it comes from a superannuation investment.”
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Perth public hearing to probe industrial relations proposals
“There’s no doubt WA will be the hardest hit by these ill-conceived reforms, which impact disproportionately on the mining sector,” Mr Rodwell said. Hancock Prospecting operations chief executive Gerhard Veldsman said the changes would be a retrograde step in conditions for their employees and the companies the sector supported. “These IR changes will hurt people, it will hurt regional communities and small businesses at a time when they need greater job security,” he said.
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CIA’S CYBER WARNING FOR OUR MINERS
Describing the ‘‘how’’ of cyberattacks is usually classified, he says, because revealing such information can provide important feedback to adversaries. But ultimately, if the device you have has a central processing unit, some power and is somehow connected to the internet, then ‘‘there’s a way to break into it and hack into it and stay there. That’s just a given.’’
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Hiring takes a hit from industrial relations changes, business warns
Big business has criticised the Albanese government for proposing retrospective anti-avoidance measures apply to Labor’s contentious labour hire changes, claiming the decision was already impacting hiring decisions by employers. He said the proposed changes introduced “unnecessary complexity and confusion into our workplace relations system at precisely the wrong time, with businesses big and small, facing extremely challenging conditions”. “As the government admits, it will also drive up prices for consumers during a cost-of-living crisis,” he said. “We again urge the government to go back to the drawing board, to identify the problems it is trying to solve before it introduces new laws that will impact nearly every business and every employee in Australia.”
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