Govt Seeks Feedback on Australian Jobs Draft Bill
Friday, 22nd March 2013 at 4:00 pm
The Federal Government has released the draft bill of its $1 billion Plan for Australian Jobs.
Released for public comment, the Government says the Australian Jobs Act draft legislation will require Australian Industry Participation (AIP) Plans for all projects with a capital expenditure of $500 million or more, to help Australian firms win work on large domestic projects and in global supply chains.
It is also expected to establish a new Australian Industry Participation Authority to ensure Australian businesses have access and support in winning business from major projects.
Under the legislation, businesses which refuse to comply with AIP requirements and provide fair access to Australian suppliers will face strengthened compliance provisions. The new Authority will also be able to seek court orders to ensure compliance with the legislation.
The Minister for Industry and Innovation, Greg Combet, said the Government was inviting the public and stakeholders to make submissions on the proposed legislation.
“This legislation demonstrates the Gillard Government’s determination to back Australian firms, making it easier for them to win more work on Australia’s strong pipeline of major projects,” Combet said.
“Australian firms have indicated that multinational developers undertaking large-scale projects in Australia often bring their established supply chains with them rather than giving work to local suppliers.
“This means Australian manufacturing, construction and service businesses are missing opportunities to grow and to create new jobs.
Written submissions on the draft legislation close on April 12, 2013.
“The Government is determined to tackle this issue through the Australian Jobs Act to ensure Australian firms are fairly considered for all major projects,” Combet said.