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SAS Group News

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Opposition Leader, Hon. Bill Shorten MP, outlined $71 billion in savings over the next 10 years in his budget reply speech delivered last night.

Scott Morrison handed down the Turnbull Government’s first Budget on Tuesday 3rd May 2016, and his first as Treasurer.

Last week, SAS Group client Prysmian Group launched an innovative new line of optical cables, which will halve the cost of joining cables

The Italian-designed Prysmian FlexTube line will be produced in Australia for the first time at the company’s world-class telecommunications facility at Dee Why on Sydney’s Northern Beaches, which has the capacity to produce more than 600,000 fibre kilometres of the cabling each year, which is almost a third of the entire standard optical fibre market in Australia.

In a politically brilliant move, the PalaszczukGovernment has successfully reintroduced compulsory preferential voting (CPV) back into Queensland with minority support. Analysts suggest that this would have added an extra nine seats to Labor if implemented at the last election.

CPV was introduced after the Fitzgerald Inquiry by the Goss Labor Government in 1992.

The CPV amendment was attached by Labor in a surprise move to an LNP Bill to introduce a further four electorates into Queensland, lifting the size of the Parliament from 89 to 93 seats.  Government will now embark on a process to redistribute Queensland’s electoral boundaries for the 93 electorates.

The CPV changes bring Queensland into line with the Commonwealth system.

These changes come on the back of the recent referendum to change parliamentary terms to fixed four years.

By Michael Read - Senior Consultant 

“Regulation is intended to influence or compel specific behaviour by business and the community.” ANAO 2014

In Australia, businesses face a daily task of working their way through a maze of regulation just to earn a living. From local Governments through to State and Commonwealth, businesses can not escape the hand of regulation.

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