Tweet of the Week

Josh Frydenberg: Jimmy Barnes came to Port Kembla to make the film clip for Working Class Man. Today the Prime Minister has come to Port Kembla to create jobs for Australia’s working class men and women.

Jimmy Barnes: pic.twitter.com/zog9FK21Xm

— Charles Croucher (@ccroucher9) November 27, 2017

Quotes of the Week

"All I'm thinking about now is things I'm going to do on my own farm to be quite frank" [ Nationals candidate in New England by-election and former Deputy Prime Minister until High Court revoked his election, Barnaby Joyce, on receiving a $40,000 cheque from mining magnate Gina Rinehart, 21 November 2017]

“As he was handed an oversized cheque on stage, Mr Joyce's first response was; "Holy Dooley. Rightio".”   [The Financial Review, 22 November 2017]

“Barnaby Joyce won't accept a $40,000 cheque gifted to him by Gina Rinehart after it sent shock waves through agricultural circles.”  [SBS News, 23  November 2017]

“Barnaby Joyce has defended his actions in initially accepting a $40,000 “dirty big cheque” from mining magnate Gina Rinehart, and said it was a surprise.” [The Australian, 24 November 2017]

Yaegl Traditional Owners Aboriginal Corporation expressing their opposition to a proposed cruise ship terminal at Yamba

The following media release was sent to NSW Minister for Maritime, Roads and Freight Melinda Pavey by way of her Twitter account at 7:15pm on 30 November 2017.

See https://twitter.com/NTSCORP_NSW/status/936145703474098176

Ntscorp Ltd 

Please see the following Press release from the Yaegl Traditional Owners Aboriginal Corporation expressing their opposition to a proposed cruise ship terminal at Yamba.

Press release

The Yaegl Traditional Owners Aboriginal Corporation RNTBC wish to respond to recent media reports about a proposed cruise ship terminal at Yamba, which is part of the draft Future Transport 2056 Strategy. Yaegl People are concerned about the lack of consultation that has occurred with the Corporation and the potential damage that the proposal will cause to significant sites.

The Yaegl Traditional Owners Aboriginal Corporation RNTBC does not support the construction of a cruise ship terminal at Yamba. The Yaegl People’s native title rights to the land and waters within the lower Clarence River, as well as over much of the land within their traditional country, was recognised by the Federal Court of Australia on 25 June 2015. The Yaegl People’s native title rights over their sea country was recognised by the Federal Court in 31 August 2017.

Any activities which may impact on the exercise of native title rights must be properly notified in accordance with the Native Title Act 1993 (Cth), and native title holders must be afforded certain procedural rights, including rights to comment, rights to be consulted and rights to negotiate.

The Yaegl Traditional Owners Aboriginal Corporation RNTBC is concerned that to date, no-one has approached the Corporation to discuss the proposal.

The Chairperson of the Corporation, Billy Walker, said ‘It appears as though decisions such as the construction of a cruise ship terminal, are being considered without any attempt to engage with or consult The Yaegl Traditional Owners Aboriginal Corporation RNTBC. The Corporation is responsible for ensuring that the Dirrungan, one of Yaegl People’s most significant sites, at the mouth of the Clarence River, is protected. There are also other sites of significance to the Yaegl People within the Clarence River, which would be damaged by the proposal.’

The recent Yaegl People’s native title determination over sea country included increased protections for the Dirrungan, including a 350 metre buffer zone to protect the Dirrungan from developments such as the cruise ship proposal.

The Corporation’s Office Manager and Yaegl man, Michael Randall, said ‘We haven’t been consulted yet. We have native title rights over the land and waters at the mouth of the Clarence River, including extending out to sea. It’s a requirement that we be consulted. We are opposed to any actions which might damage the Dirrungan. The State Government has agreed through our sea determination to protect the Dirrungan from destruction.’

Media contact: Michael Bennett (DM via NTSCORP Facebook)

Australians with lower incomes are dying sooner from potentially preventable diseases than their wealthier counterparts

The Conversation, 28 November 2017:

Australians with lower incomes are dying sooner from potentially preventable diseases than their wealthier counterparts, according to our new report.

Australia’s Health Tracker by Socioeconomic Status, released today, tracks health risk factors, disease and premature death by socioeconomic status. It shows that over the past four years, 49,227 more people on lower incomes have died from chronic diseases – such as diabetes, heart disease and cancer – before the age of 75 than those on higher incomes.

A steady job or being engaged in the community is important to good health. Australia’s unemployment rate is low, but this hides low workforce participation, and a serious problem with underemployment. Casual workers are often not getting enough hours, and more and more Australians are employed on short-term contracts.

There’s a vicious feedback loop – if your health is struggling, it’s harder to build your wealth. If you’re unable to work as much as you want, you can’t build your wealth, so it’s much tougher to improve your health.

Our team tracked health risk factors, disease and premature death by socioeconomic status, which measures people’s access to material and social resources as well as their ability to participate in society. We’ve measured in quintiles – with one fifth of the population in each quintile.

We developed health targets and indicators based on the World Health Organisation’s 2025 targets to improve health around the globe.

The good news is that for many of the indicators, the most advantaged in the community have already reached the targets.

The bad news is that poor health is not just an issue affecting the most vulnerable in our community, it significantly affects the second-lowest quintile as well. Almost ten million Australians with low incomes have much greater risks of developing preventable chronic diseases, and of dying from these earlier than other Australians.

Read the rest of the article here.

Pressure mounted in Australia for a royal commission into banks and Turnbull caved

It would appear that some federal government MPs and senators are becoming nervous about their party’s chances at the next general election and are looking for ways to appease the electorate.

So the politically insecure Australian Prime Minister and former merchant banker Malcolm Turnbull announced a Royal Commission into the alleged misconduct ofAustralia’s banks and other financial services entities in order to appease theses nervous nellies on his backbench.

Having been dragged kicking and screaming to this point Turnbull has made quite sure that the carefully worded Terms of Reference hides a scorpion with considerable sting in its tail:

1. c) the use by a financial services entity of superannuation members’ retirement savings for any purpose that does not meet community standards and expectations or is otherwise not in the best interest of members;

This opens the door for a sustained assault over the twelve months this commission is sitting aimed directly at the sixteen industry-based superannuation funds.

These low-fee super funds are supported by Australian unions and, it is no co-incidence that eight of the top 10 list for the 10 years to 30 June 2017 are industry funds.

Industry superannuation funds which the Turnbull Government wants to see transferred to the control of the big four banks.

No wonder the banks are now in favour of this royal commission.

It is being observed in mainstream media that; It is noteworthy that the letter to Morrison from the big four bankchairmen and CEOs seems to have been used as the template for the royalcommission announcement.

Brief Background

ABC News, 28 November 2017:

The calls for a full inquiry have been relentless for years, emanating from a broad section of the community — from farmers, small business and households, jaded and disillusioned with the industry's rampant profiteering, fee gouging and blatant disregard for the law.

How many times can a Commonwealth Bank chairman sincerely apologise for a yet another breach of trust? What, pray tell, will be the cause of next year's?

But the overwhelming reason for an inquiry rests on just one principle — accountability.

What has been forgotten in the endless round of scandals in recent years is that the Australian banking sector is a taxpayer subsidised industry.

It's an industry that pays ridiculously bloated salaries to its leaders; that showers itself with massive bonus payments when profits are soaring but instantly demands taxpayer protection and support when the tide turns. More on that later.

A summary of bank transgressions during the past decade compiled by former Deutsche Bank analyst Mike Mangan at https://assets.documentcloud.org/documents/4310476/A-Summary-of-Bank-Transgressions-During-the-Past.pdf.

The Guardian, 28 November 2017:

A majority of Australians would support a royal commission into the banks, with this week’s Guardian Essential poll showing 64% in favour, including 62% of Coalition supporters.

With Barnaby Joyce holding out the prospect that the Nationals might formally support an inquiry into the banks when the party room meets next week, and with dissident parliamentary numbers for the proposal building, the new poll finds public support for a banking royal commission has stayed constant for two years.

Support is highest among Labor voters at 72%, and people intending to vote for someone other than the major parties (71%), but there is also clear majority support among Coalition voters and Greens voters – 62%.

ABC News, 28 November 2017:

It seems inevitable that a bill calling for a wide-ranging inquiry into banks, insurers and superannuation providers would pass the Federal Parliament, after another Nationals MP pledges support for it.

Llew O'Brien is one of the fresher faces in the 45th Parliament, but he has parachuted himself into the political spotlight by confirming he would back the proposal from Nationals Senator Barry O'Sullivan.

Mr O'Brien gave his support on the condition the inquiry investigate discrimination by financial institutions against people with mental health problems.

The Australian, 24 November 2017:

Liberal National Party senator Barry O’Sullivan will move a ­motion in the Senate next week to establish a powerful probe into the financial services sector, staring down government opposition and criticism from former prime minister John Howard.

Senator O’Sullivan yesterday hit back at Mr Howard’s labelling of his proposed bank probe as “rampant socialism” after circulating a draft bill to establish a commission of inquiry into the banking sector.

Human Rights Law Centre & OECD Watch lodge international complaint over Australia's failure to investigate abuses by Manus Island contractor

Human Rights Law Centre, 27 November 2017:

Australian companies need to be held to account for human rights abuses they commit overseas, but Australia’s complaints system is woefully inadequate and in desperate need of reform.

The Human Rights Law Centre and OECD Watch have today requested the Organisation for Economic Co-operation and Development (OECD) to investigate the Australian Government’s handling of a complaint against its former security contractor G4S in relation to alleged abuse of refugees on Manus Island.

Keren Adams, Director of Legal Advocacy at the HRLC, said Australia’s OECD National Contact Point, managed by Treasury, has a history of rejecting complaints against companies on spurious grounds.

“When accountability mechanisms fail, injustices flourish. The National Contact Point is a toothless tiger that rarely investigates and has never made a finding against a company. It needs a total overhaul,” said Ms Adams.

The OECD appeal centres around an earlier complaint brought in 2014 against G4S for its role in the violence on Manus in which Reza Berati was killed and 77 other men were injured. A G4S security guard was one of two men subsequently convicted of the murder.

The Australian National Contact Point declined to investigate the complaint, stating that it was not its role to comment on Australian government policy. It also concluded that G4S had limited ability to influence the safety and security of the men in detention, given control of the facility was the responsibility of PNG.

“The handling of the G4S complaint was appalling. We are talking about an incident in which a company’s employees are known to have beaten a man in their care to death and attacked others with crowbars and machetes. For the National Contact Point to have found the matter didn’t even warrant investigating raises serious questions about its credibility,” said Ms Adams.

The appeal challenges these findings as a direct breach of Australia’s international responsibilities under the OECD’s Guidelines. It is the first time a country’s handling of a complaint of this kind has been appealed to the OECD.

Ms Adams said she hoped the OECD would compel Australia to lift its game in its handling of future complaints.

“We are asking the OECD Investment Committee to find that the National Contact Point failed in its obligation to operate accessibly and without bias. Even more importantly though we are asking them to make recommendations as to how Australia can improve this complaints body going forwards,” said Ms Adams.

The appeal coincides with the start of the United Nations Forum on Business and Human Rights in Geneva, where experts from around the world will gather to discuss how governments can better address human rights abuses by business.

Download the HRLC's original complaint here: OECD Guidelines-specific instance-G4S

What new and old media are saying about Malcolm Turnbull's train wreck of an NBN

Gizmodo, 27 November 2017

ITWire, 28 November 2017:

For months now, we've been told that fast broadband would be arriving sooner because of the change in technology that the Coalition Government decided upon, with HFC cable and fibre-to-the-node being the saviours of the project. Now that dream is unravelling.

The brakes have been well and truly slammed on by the NBN Co, with delays of six to nine months in getting any HFC connections up.

The Telstra HFC cable network is being shared by the NBN Co, Telstra and Foxtel; the NBN signal travels at a low frequency, the other two at higher frequencies. Apparently, at lower frequencies the signal does not travel all that well.

The equivalent of bandages will have to be applied. But the long-term solution will be to replace cable with fibre.

What was to have been a marathon — fibre-to-the-premises for 93%, satellite and fixed wireless for the rest — was attempted to be turned into a sprint by the agile and innovative Malcolm Turnbull.

Alas, the dream of the silver-haired visionary now seems to be dead.

His estimate of $29 billion, made in 2013, has doubled to $56 billion. His deadline of 2016 has blown out by four years. Even then, you do not know whether it will all be done.

And judging by the slow speeds on offer, the moment NBN Mark I is over, Mark II will have to start if Australia does not want to slip further into the dark ages. We are already behind countries that people here have not heard of.

All the documents that Turnbull put up on his website, claiming that the original plan would cost nearly $100 billion, have now disappeared.

Indeed, the man seems reluctant to even talk about the NBN. But that is par for the course for a politician who seems content if he can last the next 24 hours in his job. His motto seems to be taken from Holy Writ: "Sufficient unto the day is the evil thereof."

Ignoring the advice of technically competent people, Turnbull sought to sell Australians on a plan that promised build speed and less expense.

With three years still remaining for the scheduled completion, it looks like the contents of a box of free-range eggs is all over that handsome visage.

But hey, why should he bother? After all, to use the magic-pudding language of NBN Co chief executive Bill Morrow, the HFC delay is merely "NBN Co taking (its) customer experience improvement programme to new levels".

Macro Business, 28 November 2017:

Customer anger over poor service has forced the Turnbull government to halt its broadband rollout to more than 250,000 households, fuelling growing concerns over the use of pay-TV cables to deliver high-speed internet.

The temporary delay means the NBN is certain to miss its revenue goals for this year and will struggle to meet its customer connection target by the time of the next election, turning the broadband rollout into a growing political dispute.

At issue is the use of hybrid fibre coaxial cable, or HFC, to offer broadband over the lines built in the 1990s to deliver the Optus Vision and Foxtel pay-TV networks. Malcolm Turnbull was a leading advocate for the use of existing HFC connections, upgraded over time, to deliver the NBN to millions of households more quickly than laying new ­optical fibre to every home.

NBN Co chief executive Bill Morrow yesterday put an immediate stop to new services being sold over the HFC footprint, conceding that the suspension was necessary to ensure homes could receive a reliable, quality service over the cable. The decision will see 250,000 homes that were set to receive their NBN connection via HFC put on hold for the next six to nine months.

ZD Net, 28 November 2017:

The pause in rolling out hybrid fibre-coaxial (HFC) by the National Broadband Network (NBN) is due to technical issues caused by HFC not being as mature a technology as fibre, satellite, and fixed-wireless, according to Communications Minister Mitch Fifield.

"What we have in the case of HFC is some technical issues. HFC as a technology isn't as mature as fibre to the node, or satellite, or fixed-wireless," Fifield said during Radio National Breakfast on Tuesday morning.

"With those other technologies in the initial rollout, there were issues to be worked through. That's the case with HFC, there's no problem that's been identified that can't be fixed, they will be fixed, and HFC is a terrific technology. It can get gigabit speeds, people will certainly be able to get 100 megabits per second.

"In the United States, most people who are on broadband are on the HFC pay TV cable network."

Despite referencing the prevalence of cable broadband in the US, however, Fifield's statements that HFC is not as mature a technology as fibre flies in the face of the fact that US providers have been offering cable broadband access since the late '90s.

Telstra additionally rolled out its HFC network in Australia around the same time.

Shadow Communications Minister Michelle Rowland has meanwhile argued that the delay could cost between AU$420 million and AU$790 million "based on analysis previously approved by the NBN board".

While NBN CEO Bill Morrow on Monday said it is too early to calculate such costs, Fifield remained adamant that the network issues can be repaired without the network having to be abandoned.

Via @SabraLane, 28 November 2017

The Australian, 27 November 2017:

TELSTRA is assessing the damage to its revenue forecasts after the company rolling out the national broadband network abruptly altered its plans.

The trouble-plagued NBN Co announced it was halting parts of the rollout that used the telco’s pay-TV cables.

Telstra is now working out how much of the $2.5 billion it was tipped to receive from NBN Co this year will be delayed.

NBN Co wants to connect about three million Australian houses to its network over the cables Telstra uses for Foxtel and broadband.

But it halted use of those cables yesterday amid a growing number of complaints about dropouts and other problems from customers who had switched to the NBN.

Gizmodo, 27 November 017:

As pointed out by Shadow Minister for Communications Michelle Rowland and Shadow Minister for Finance Jim Chambers, a seven month delay in HFC activations profile would have a $1 billion impact on rollout funding.

"On 24 May 2017, the Senate had NBN confirm the $1 billion figure was based on a seven month delay, for three million services, with an average revenue of $47 per month," the pair said in a join statement released today.

"It has now been revealed that problems with Turnbull's second-rate NBN could further delay the HFC rollout by 6 to 9 months for up to 2.5 million premises."

“Real name of of the National Broadband Network is No Bloody Network”

Anon