Updates from Albanese Government, ABS, and more

Tax cut for electric vehicles passes Parliament

The Albanese Government has delivered on our election commitment to make electric vehicles more affordable for more Australians.

Parliament approves Government’s privacy penalty bill

Companies which fail to take adequate care of customer data will face much higher penalties following today’s passage of the Albanese Government’s legislation to significantly increase penalties for repeated or serious privacy breaches.

Passage of ‘Respect@Work’ Bill is a major step in preventing harassment

The Australian Human Rights Commission welcomed the passage through Federal Parliament today of the ‘Respect at Work’ Bill – a milestone in addressing workplace sexual harassment in Australia.

More Victorian areas now eligible for federal disaster payments

Federal government assistance has now been extended to more Victorian local government areas (LGA) which have been affected by recent severe storms and flooding.

October retail results remain solid despite economic headwinds

Retail sales continue to show robust year on year growth, with $35 billion spent in stores and online in October – an increase of 12.5% on the same time a year ago according to figures released today by the Australian Bureau of Statistics. Retail turnover fell 0.2% compared to the previous month; the first monthly fall of the year in Retail Trade.

RESPECT@WORK PASSES PARLIAMENT

The Albanese Government is acting to make workplaces safe from sexual harassment with the passage of the Anti-Discrimination and Human Rights Legislation (Respect@Work) Bill through Parliament.

Sexual harassment is not inevitable – it is preventable.

Retail turnover falls for the first time in 2022

Australian retail turnover fell 0.2 per cent in October 2022, according to figures released today by the Australian Bureau of Statistics (ABS).

Expert committee to advise on tackling disadvantage and boosting economic inclusion

The Albanese Labor Government will continue its positive agenda to boost economic inclusion and tackle disadvantage by establishing an Economic Inclusion Advisory Committee.

Small businesses under 20 staff shielded from enterprise bargaining reforms as IR bill nears passage

The federal government’s industrial relations reform bill is set to pass into law after the Senate crossbench secured a raft of amendments, including the exclusion of small businesses with fewer than 20 employees from the single-interest bargaining stream, and a more stringent test for enterprises with headcounts under 50.

Small business lending continues to grow, Australian Banking Association says, as COVID-19 borrowing slump ends

The current economic challenges have not stopped the growth of Australia’s small businesses, as the average value of loans made to the sector continues to increase post-pandemic according to recently released data.

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