The NSW economy will see over $11.6 billion of private investment and 2,400 new jobs under Stage 1 of the NSW Government’s plan to reach net zero emissions by 2050.
Energy and Environment Minister Matt Kean said the plan, the first of its kind in Australia, is all about reducing the State’s emissions in ways that grow the economy.
“Where there are technologies that can reduce both our emissions and costs for households and businesses, we want to roll them out across the State. Where these technologies are not yet commercial, we want to invest in their development so they will be available in the decades to come,” Mr Kean said.
“Almost two-thirds of the private investment under the plan will go to regional and rural NSW, creating job opportunities and diversifying local economies that are doing it tough after the drought and devastating bushfire season.
“Global markets are rapidly changing in response to climate change, with many of the world’s biggest economies and companies committed to reach net zero emissions by 2050. NSW already leads the nation with its economic and investment plans and from today, NSW will lead the nation with its Net Zero Plan.
“Our actions are firmly grounded in science and economics, not ideology, to give our workers and businesses to best opportunity to thrive in a low-carbon world.”
Under the plan, household electricity prices will fall, regional businesses will have access to new technologies and markets, industry will be supported to modernise their plant and increase productivity and consumers will have more information to help them make financially and environmentally sustainable choices.
The plan is financially supported by the landmark $2 billion bilateral agreement between the Commonwealth and NSW Government announced in January 2020.
For more information about the Net Zero Plan Stage 1: 2020-2030 visit https://www.environment.nsw.gov.au/topics/climate-change/net-zero-plan
Author: admin
$4 MILLION COMMUNITY INFRASTRUCTURE BOOST
Thirty-two community organisations in NSW have been awarded more than $4 million, to fund local projects that build or upgrade facilities across sport and recreation, arts and culture, disaster readiness and essential community infrastructure.
Minister for Customer Service Victor Dominello said the NSW Government’s Infrastructure Grants program funds important projects across the state to support community organisations that work tirelessly to create resilient, healthy and connected communities.
“The projects we’re funding will boost equity, social inclusion and participation – making a real difference in people’s lives across NSW,” Mr Dominello said.
“Since 2015, the NSW Government has funded over 380 community projects worth $58 million under the Infrastructure Grants program.”
The program also targets projects that support drought-affected communities and youth, mental health and domestic violence services and, for the next round opening in March 2020, was expanded to accommodate bushfire impacted communities.
A significant number of grants in this round have been allocated to community organisations in bushfire impacted communities.
The grants are made possible by the Clubgrants Category 3 Fund which re-invests profits from registered clubs’ gaming machines into community infrastructure projects across three key areas:
- Arts and Culture;
- Disaster Readiness and Community Infrastructure; and
- Sport and Recreation
A new round of applications for funding opens on 16 March 2020. Learn more at responsiblegambling.nsw.gov.au/funding-opportunities/infrastructure-grants.
CORONA RESPONSE MUST PROTECT CASUAL WORKERS
Federal Member for Newcastle Sharon Claydon has called for greater protection for casual workers in the Newcastle-Hunter region as part of the coronavirus stimulus package.
Ms Claydon said local businesses and workers were particularly vulnerable to the flow-on impacts of coronavirus.
“Our region is heavily exposed to the economic shockwaves from corona, given the significance of our small business, tourism and hospitality sectors,” Ms Claydon said.
“Regretfully, these same industries are also heavily reliant on casual workers, who are enormously vulnerable and without sick pay if they get their shifts cut or have to go into isolation.”
Ms Claydon said that concerns about workers had been a key theme of feedback from local business and representative organisations.
“Local businesses are facing unprecedented challenges themselves, but the consistent message they’ve been giving me is they want to protect their workers,” Ms Claydon said.
“The Morrison Government is doing nothing to ensure that the many thousands of casual workers in our community get through this terrible time. The message is clearly ‘You’re on your own.’”
Ms Claydon said it was also a public health issue to contain the spread of the virus.
“The last thing we would want is sick workers continuing to go to work because they can’t afford to do otherwise,” Ms Claydon said.
“This isn’t just about protecting vulnerable workers – it’s about protecting our entire community.”
Ms Claydon said it the problem shouldn’t fall on the shoulders of business to fix.
“It’s great that some businesses have announced that they will continue to pay workers who have to go into isolation, but it’s neither fair nor reasonable to expect all businesses to do this.
“Successive Liberal Federal Governments have supported an increasingly casualised workforce. It’s now incumbent on the Morrison Government to step up and protect these workers and our communities.”
Ms Claydon said local businesses and workers were particularly vulnerable to the flow-on impacts of coronavirus.
“Our region is heavily exposed to the economic shockwaves from corona, given the significance of our small business, tourism and hospitality sectors,” Ms Claydon said.
“Regretfully, these same industries are also heavily reliant on casual workers, who are enormously vulnerable and without sick pay if they get their shifts cut or have to go into isolation.”
Ms Claydon said that concerns about workers had been a key theme of feedback from local business and representative organisations.
“Local businesses are facing unprecedented challenges themselves, but the consistent message they’ve been giving me is they want to protect their workers,” Ms Claydon said.
“The Morrison Government is doing nothing to ensure that the many thousands of casual workers in our community get through this terrible time. The message is clearly ‘You’re on your own.’”
Ms Claydon said it was also a public health issue to contain the spread of the virus.
“The last thing we would want is sick workers continuing to go to work because they can’t afford to do otherwise,” Ms Claydon said.
“This isn’t just about protecting vulnerable workers – it’s about protecting our entire community.”
Ms Claydon said it the problem shouldn’t fall on the shoulders of business to fix.
“It’s great that some businesses have announced that they will continue to pay workers who have to go into isolation, but it’s neither fair nor reasonable to expect all businesses to do this.
“Successive Liberal Federal Governments have supported an increasingly casualised workforce. It’s now incumbent on the Morrison Government to step up and protect these workers and our communities.”
Greens to introduce law for 14 days coronavirus leave for all effected workers
Greens Leader Adam Bandt MP said that when parliament resumes, the Greens will introduce legislation to provide 14 days’ paid sick leave to all workers affected by the coronavirus. The ACTU has called for 2 weeks paid sick leave for workers affected by the virus.
The Fair Work Amendment (COVID 19) Bill will mean the 3.3 million workers currently without paid leave entitlements will be able to access paid sick leave if affected by the virus, and will also ensure workers with leave provisions are not forced to exhaust their sick leave balances if their company temporarily closes because of the virus.
The bill would cover workers diagnosed with COVID 19, those required to self-isolate or who are caring for a family member affected by the virus. Workers whose workplace temporarily closes because of the virus will also be covered.
“The Morrison government must not leave Australian workers to fend for themselves during this crisis,” Mr Bandt said.
“Workers should be able to follow government advice to self-isolate without losing their income or their job.
“If we don’t pass this bill, coronavirus could spread faster because workers without paid sick leave who are affected by the virus may feel pressured to come to work instead of staying home.
“The government should urgently make this change to the law and then use their stimulus package to help small and medium businesses meet the additional costs.”
“If the government won’t act, the Greens will, and we’ll dare them to vote on the floor of Parliament against supporting workers.”
Greens to move in Senate to make stimulus fairer & bigger
The stimulus package outlined by the Prime Minister this morning falls far short of what the experts say is needed to weather the economic storm caused by the Coronavirus pandemic and does little to stem the crisis facing people on Newstart & Youth Allowance as well as the 3.5 million casual workers in Australia, said Leader of The Australian Greens Adam Bandt, MP.
The Greens will move to expand the package when it reaches the Senate to lift Newstart & Youth Allowance as well as provide 14 days’ paid coronavirus sick leave to all workers, including casual workers.
Greens Leader Adam Bandt, MP said:
“This package is not fair enough, not big enough and will leave too many people behind.”
“The Greens will move in the Senate to make this stimulus fairer and bigger by extending paid sick leave to every affected worker and lifting Newstart and Youth Allowance.”
“By the Prime Minister’s own admission the fallout from COVID-19 could very well be worse than the GFC, and yet he’s only pledging a third of the Rudd Government’s $52 billion stimulus.”
“Businesses will close unless people have money to buy their products and services, and a one-off cash payment to people already living below the poverty line just isn’t enough.”
“Casual workers without paid sick leave have been left behind and the Greens will move in the Senate to expand the package to give workers 14 days paid coronavirus sick leave.”
Australian Greens Treasury Spokesperson Sen. Peter Whish-Wilson said:
“Australians need to know this government has got their backs. The government should use this opportunity to bring about structural reform as well as providing confidence.
“The warning signs were flashing well before coronavirus hit. Real wages have been stagnant, productivity has been stagnant and business investment has been shrinking.
“The government should kill two birds with one stone and target these issues through the design of its stimulus package.
“One of the most important things the government could do is to abandon its policy of paying down government debt. Instead, the government should pledge a massive increase in infrastructure spending to provide confidence that there will be jobs in the future and that they’re committed to the transition to a clean energy future.”
LABOR STATEMENT ON CORONAVIRUS ECONOMIC STIMULUS PACKAGE
Labor is supportive of the Government’s stimulus measures announced this morning.
We will be as responsible and as constructive as possible and will work with the Government to expedite legislation through the Parliament where required.
Labor’s priority is to protect jobs, help Australian workers, businesses, families and communities through this difficult time, and ensure vulnerable Australians are supported.
There are some welcome measures in this stimulus package that are worthy of our support and we will not stand in the way of them being implemented as soon as possible.
It remains to be seen whether these measures will be big enough or deployed quickly enough to prevent job losses, business failures or a more serious downturn.
This is a Government which is good at announcing things but has trouble actually getting support out the door as we have seen with its poor record on infrastructure investment as well as bushfire and drought relief.
Labor has some concerns with the current measures which we are prepared to work through with the Government, including:
- The lack of more substantial support for casual workers who are required to self-isolate;
- The risk that the Sickness Allowance may not be accessible, sufficient or timely enough to support casual workers, particularly given no additional resources have been provided to Centrelink to process these claims;
- The risk that greater reliance on the Sickness Allowance may create an additional burden on the health system where a medical certificate is required to claim this payment;
- The lack of direct support for sole traders and the self-employed;
- Concern that cash flow assistance to business is not sufficiently targeted to ensure workers are kept on;
- Concerns that measures may have come too late for some businesses already struggling; and
- The lack of detail and delayed rollout of the $1 billion regional and community support fund, particularly given the Government’s poor track record when it comes to integrity and implementation.
The Government must move to implement this package quickly and properly, and be prepared to take additional steps if it becomes clear that this response has been insufficient.
Statement on Hamilton Carnivale
Hamilton Carnivale has previously been hosted by the Hamilton Chamber of Commerce. The Chamber of Commerce, which has recently seen a number of directors resign, has chosen not to apply to Council for funding or support to run Carnivale this year.
Because the name ‘Hamilton Carnivale’ is trademarked, no event bearing that name can be run by the new Hamilton business improvement association (BIA). This new group, which consists solely of local businesspeople, is working on a series of events to showcase Beaumont Street later this year and will be announcing details in the next few months.
Under agreements with BIAs, there is no cap placed on the funding that can be allocated to events within their annual $100,000 grant. In addition, BIAs can apply for further funding for additional projects or events. In addition, BIAs can also apply for additional funding for projects or events. This funding for additional projects is capped at $15,000 per project over and above annual funding.
The new model enables BIAs to engage professional event managers to deliver events on their behalf and provides additional support by centralising administrative services.
Because the name ‘Hamilton Carnivale’ is trademarked, no event bearing that name can be run by the new Hamilton business improvement association (BIA). This new group, which consists solely of local businesspeople, is working on a series of events to showcase Beaumont Street later this year and will be announcing details in the next few months.
Under agreements with BIAs, there is no cap placed on the funding that can be allocated to events within their annual $100,000 grant. In addition, BIAs can apply for further funding for additional projects or events. In addition, BIAs can also apply for additional funding for projects or events. This funding for additional projects is capped at $15,000 per project over and above annual funding.
The new model enables BIAs to engage professional event managers to deliver events on their behalf and provides additional support by centralising administrative services.
Landmark PFAS Settlement Welcomed While Government Response To Inquiry Disappoints
Australian Greens Senator for NSW Dr Mehreen Faruqi has welcomed today’s news that class action participants have reached a settlement of $212.5 million with the government over PFAS contamination, though has labelled the recent government response to the federal PFAS inquiry as extremely disappointing.
Senator Faruqi said:
“This huge settlement is welcome news for residents who have pushed for the class action. It points to the serious loss experienced by affected communities, and will go some way to alleviating the damage.
“However, there are many who have been affected by PFAS contamination, who the government has left out in the cold.
“In light of the settlement, it’s extremely disappointing that in its long-awaited inquiry response, the government has refused to commit to even considering compensation for all affected property owners, including through possible buybacks.
“‘Polluter pays’ is a basic principle of environmental law and justice. The onus should not be on victims to fight for justice when their lives have been upended.
“The government says it supports resolution of legal claims “by agreement, not litigation, where appropriate”. Well, let’s see them come to the table.
“The nation-wide damage wrought by toxic PFAS chemicals has been extensive and people have suffered for too long.
“After residents have waited more than 15 months for the government response to the report, this document is lukewarm, non-committal, and in some aspects completely disrespectful.
“I will continue to work with the community and in parliament to keep this issue front and centre, until the government prioritises needs of the affected communities.”
Greens to introduce law for 14 days coronavirus leave for all effected workers
Greens Leader Adam Bandt MP said that when parliament resumes, the Greens will introduce legislation to provide 14 days’ paid sick leave to all workers affected by the coronavirus. The ACTU has called for 2 weeks paid sick leave for workers affected by the virus.
The Fair Work Amendment (COVID 19) Bill will mean the 3.3 million workers currently without paid leave entitlements will be able to access paid sick leave if affected by the virus, and will also ensure workers with leave provisions are not forced to exhaust their sick leave balances if their company temporarily closes because of the virus.
The bill would cover workers diagnosed with COVID 19, those required to self-isolate or who are caring for a family member affected by the virus. Workers whose workplace temporarily closes because of the virus will also be covered.
“The Morrison government must not leave Australian workers to fend for themselves during this crisis,” Mr Bandt said.
“Workers should be able to follow government advice to self-isolate without losing their income or their job.
“If we don’t pass this bill, coronavirus could spread faster because workers without paid sick leave who are affected by the virus may feel pressured to come to work instead of staying home.
“The government should urgently make this change to the law and then use their stimulus package to help small and medium businesses meet the additional costs.”
“If the government won’t act, the Greens will, and we’ll dare them to vote on the floor of Parliament against supporting workers.”
Economic Stimulus Package
The Morrison Government has today announced a $17.6 billion economic plan to keep Australians in jobs, keep businesses in business and support households and the Australian economy as the world deals with the significant challenges posed by the spread of the coronavirus.
Our targeted stimulus package is focused on keeping Australians in jobs and helping small and medium sized businesses to stay in business.
The package has four parts:
Our targeted stimulus package is focused on keeping Australians in jobs and helping small and medium sized businesses to stay in business.
The package has four parts:
- Supporting business investment
- Providing cash flow assistance to help small and medium sized business to stay in business and keep their employees in jobs
- Targeted support for the most severely affected sectors, regions and communities;
- Household stimulus payments that will benefit the wider economy
The measures are all temporary, targeted and proportionate to the challenge we face. Our actions will ensure we respond to the immediate challenges we face and help Australia bounce back stronger on the other side, without undermining the structural integrity of the Budget.
Prime Minister Scott Morrison said as part of the plan up to 6.5 million individuals and 3.5 million businesses would be directly supported by the package.
“Just as we have acted decisively to protect the health of the Australian people, based on the best evidence and medical advice, our support package responds to the economic challenges presented by this pandemic in a timely, proportionate and targeted way,” the Prime Minister said.
“Our plan will back Australian households with a stimulus payment to boost growth, bolster domestic confidence and consumption, reduce cash flow pressures for businesses and support new investments to lift productivity.
“Australia is not immune to the global coronavirus challenge but we have already taken steps to prepare for this looming international economic crisis.
“We’ve balanced the budget and managed our economy so we can now use this to protect the health, wellbeing and livelihoods of Australians.
“Our targeted stimulus package will focus on keeping Australians in jobs and keeping businesses in business so we can bounce back strongly.
“The economy needs temporary help right now to bounce back better so the livelihoods of all Australians are protected.”
Treasurer Josh Frydenberg said Australia is approaching the economic challenge from the Coronavirus from a position of strength with IMF and the OECD both forecasting Australia to grow faster than comparable countries including the UK, Canada, Japan, Germany and France.
“Our plan keeps businesses operating, supports jobs and provides a stimulus to households,” the Treasurer said.
“The Government has worked hard over the last six and a half years to return the budget to balance so we have the flexibility to respond to the serious economic challenges posed by the Coronavirus.”
“Given Australia’s strong economic and fiscal position, the international credit rating agency Standard and Poor’s indicated that temporary stimulus would be “unlikely to strain Australia’s creditworthiness.
“In our response, we have been very careful not to repeat the mistakes of previous stimulus programs and not undermine the structural integrity of the budget.
“Today’s announcement will provide the support businesses need to stay in business and keep Australians in a job.
“By acting decisively this package will put Australia in the strongest possible position to deal with the economic challenges we face and to make sure our economy bounces back even stronger.”
DELIVERING SUPPORT FOR BUSINESS INVESTMENT
- $700 million to increase the instant asset write off threshold from $30,000 to $150,000 and expand access to include businesses with aggregated annual turnover of less than $500 million (up from $50 million) until 30 June 2020. For example, assets that may be able to be immediately written off are a concrete tank for a builder, a tractor for a farming business, and a truck for a delivery business.
- $3.2 billion to back business investment by providing a time limited 15 month investment incentive (through to 30 June 2021) to support business investment and economic growth over the short term, by accelerating depreciation deductions. Businesses with a turnover of less than $500 million will be able to deduct an additional 50 per cent of the asset cost in the year of purchase.
These measures start today and will support over 3.5 million businesses (over 99 per cent of businesses) employing more than 9.7 million employees or 3 in every 4 workers. The measures are designed to support business sticking with investment they had planned, and encouraging them to bring investment forward to support economic growth over the short term.
CASH FLOW ASSISTANCE FOR BUSINESSES
- $6.7 billion to Boost Cash Flow for Employers by up to $25,000 with a minimum payment of $2,000 for eligible small and medium-sized businesses. The payment will provide cash flow support to businesses with a turnover of less than $50 million that employ staff, between 1 January 2020 and 30 June 2020. The payment will be tax free. This measure will benefit around 690,000 businesses employing around 7.8 million people. Businesses will receive payments of 50 per cent of their Business Activity Statements or Instalment Activity Statement from 28 April with refunds to then be paid within 14 days.
- $1.3 billion to support small businesses to support the jobs of around 120,000 apprentices and trainees. Eligible employers can apply for a wage subsidy of 50 per cent of the apprentice’s or trainee’s wage for up to 9 months from 1 January 2020 to 30 September 2020. Where a small business is not able to retain an apprentice, the subsidy will be available to a new employer that employs that apprentice.
STIMULUS PAYMENTS TO HOUSEHOLDS TO SUPPORT GROWTH
- $4.8 billion to provide a one-off $750 stimulus payment to pensioners, social security, veteran and other income support recipients and eligible concession card holders. Around half of those that will benefit are pensioners. The payment will be tax free and will not count as income for Social Security, Farm Household Allowance and Veteran payments. There will be one payment per eligible recipient. If a person qualifies for the one off payment in multiple ways, they will only receive one payment.
Payments will be from 31 March 2020 on a progressive basis, with over 90 per cent of payments expected to be made by mid-April.
ASSISTANCE FOR SEVERELY-AFFECTED REGIONS
- $1 billion to support those sectors, regions and communities that have been disproportionately affected by the economic impacts of the Coronavirus, including those heavily reliant on industries such as tourism, agriculture and education. This will include the waiver of fees and charges for tourism businesses that operate in the Great Barrier Reef Marine Park and Commonwealth National Parks. It will also include additional assistance to help businesses identify alternative export markets or supply chains. Targeted measures will also be developed to further promote domestic tourism. Further plans and measures to support recovery will be designed and delivered in partnership with the affected industries and communities.
The Government is also offering administrative relief for certain tax obligations, including deferring tax payments up to four months. This is similar to relief provided following the bushfires for taxpayers affected by the coronavirus, on a case-by-case basis. The ATO will set up a temporary shop front in Cairns within the next few weeks with dedicated staff specialising in assisting small business. In addition, the ATO will consider ways to enhance its presence in other significantly affected regions to make it easier for people to apply for relief, including considering further temporary shop fronts and face-to-face options.
The Government’s economic support package is proportionate, timely and scalable to respond to the economic challenges presented by the spread of the coronavirus.
Through our response today and the actions we have taken to bring the Budget back to balance over the last six and a half years, Australians can be confident that our nation is one of the best prepared to respond to the economic impacts of the coronavirus.