Ann: First Half 2023 Results Presentation, page-27

The ALP conference is not good (unfortunately) for companies like ASH with this excerpt from 'The Australian' of Friday 18 July 2023 showing how Labor is working against Australia's interests every day.

The CFMMEU has been continually fined big sums in the Federal Court as its officials harrass and intimidate staff and contractors at building sites but this militant union never changes its stripes, and it's a major donor to Labor so it has Albanese and some State Premiers like Daniel Andrews in Victoria in its pocket:

"Companies tendering for federal government projects could face criminal penalties if they do not abide by a new national code that enshrines union and worker rights under a procurement policy endorsed at the Labor national conference.

Delegates on Thursday backed the Secure Australian Jobs Code and on Friday will consider a detailed proposal from CFMEU construction division secretary Zach Smith setting out how the code would apply to projects including public-private partnerships, renewable energy and public housing ventures, and joint federal-state projects.

Under the proposal, companies tendering for projects would have to show they support “best practice workplace relations”, including rights for elected union delegates, apprenticeship ratios, and commitments to collective bargaining and direct employment.

The code would be implemented under the Public Governance, Accountability and Performance Act, with non-compliance to be addressed through “criminal, civil or administrative remedies..."