News Pulse for July 17, 2018

A daily download of SME, startup, fintech and tax news from around Australia.

‘Same job, same pay’: Shorten promises to legislate ‘jump up’ clauses for labour hire workers

A Shorten Labor government will change the Fair Work Act so that employers must pay labour hire the same as direct employees, in a controversial move that could restrict competition.

The Opposition Leader will make the commitment in a speech to union leaders at the Australian Council of Trade Unions’ Congress in Brisbane on Tuesday night as part of a broader crackdown on labour hire and “insecure” work if Labor wins government.

Shorten’s fair-pay pledge

Companies would risk legal action if ­labour-hire workers receive lower pay and conditions than directly employed co-workers doing the same job under proposed laws Bill ShortenHon Bill Shorten MP,  Federal Member for Maribyrnong Leader of the Opposition from 13.10.13 will unveil to union leaders tonight.

The Opposition Leader, in an address to an estimated 1000 delegates attending the ACTU Congress in Brisbane, will declare Labor is determined to crack down on “dodgy labour-hire companies” by exposing them to back-pay orders and legal action by the Fair Work Ombudsman.

ACCC chair details consumer data right objectives and plan

Building a regulatory right enabling Australian consumers to safely share their personal data with trusted service providers is vital to competition, privacy and transparency, the chief of Australia’s leading watchdog claims.

Speaking at the Consumer Policy Research Centre’s Consumer Data Conference in Melbourne today, the Australian Competition and Commission (ACCCAustralian Competition and Consumer Commission The ACCC is Australia's competition regulator and national consumer law champion.) chair, Rod Sims, laid out the case for regulation to create a new consumer data right (CDR), as well as delivered an update on the Digital Platforms Inquiry.

New consumer legislation to allow banking data to be shared

Australians will be able to find better mortgages and deals with banks at the touch of a button thanks to new legislation.

ACCCAustralian Competition and Consumer Commission The ACCC is Australia's competition regulator and national consumer law champion. chief Rod Sims said the consumer data right (CDR) due to come into effect from July 1, 2019 will help Australians get the most from financial providers.

BOQ squares the ledger

Twitter co-founder Jack Dorsey’s payments start-up Square is teaming up with Bank of Queensland (BOQ) to give the bank’s SMB customers a free Square Reader for contactless and chip payments.

Under the agreement, Square will process the first $1000 of sales for free and the company’s Australian country manager, Ben Pfisterer, told The Australian the partnership was a major step up for the US outfit.

 

New Phoenix Hotline to protect Australian workers and small businesses | The Hon Kelly O’Dwyer MP

The Turnbull Government has established a new Phoenix Hotline to combat the phoenixing activity of dishonest directors and their companies, and protect Australian workers and businesses that comply with our nation’s laws.

“Phoenixing hurts hardworking Australians, including the company’s employees, suppliers, customers and competing businesses. It causes a significant drain on the Australian economy,” the Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP said.

ATO spends $1 million on fairness survey, learns lots of us think it’s unfair

For the ATO Australian Taxation Office, it’s the million-dollar question. Or make that, $973,530 (excluding GST).

That’s how much the ATO Australian Taxation Office paid international market research firm Kantar Millward Brown over four years to quiz Australian individuals and businesses about their interactions with the taxman.

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