HomeReportsInvestment Climate Statements...Custom Report - 20e58534b6 hide Investment Climate Statements Custom Report Excerpts: Australia Bureau of Economic and Business Affairs Sort by Country Sort by Section In this section / Australia 9. Corruption 11. Labor Policies and Practices Australia 9. Corruption Australia maintains a comprehensive system of laws and regulations designed to counter corruption. In addition, the government procurement system is generally transparent and well regulated. Corruption has not been a factor cited by U.S. businesses as a disincentive to investing in Australia, nor to exporting goods and services to Australia. Non-governmental organizations interested in monitoring the global development or anti-corruption measures, including Transparency International, operate freely in Australia, and Australia is perceived internationally as having low corruption levels. Australia is an active participant in international efforts to end the bribery of foreign officials. Legislation exists to give effect to the anti-bribery convention stemming from the OECD 1996 Ministerial Commitment to Criminalize Transnational Bribery. Legislation explicitly disallows tax deductions for bribes of foreign officials. At the Commonwealth level, enforcement of anti-corruption laws and regulations is the responsibility of the Attorney General’s Department. The Attorney-General’s Department plays an active role in combating corruption through developing domestic policy on anti-corruption and engagement in a range of international anti-corruption forums. These include the G20 Anti-Corruption Working Group, APEC Anti-Corruption and Transparency Working Group, and the United Nations Convention against Corruption Working Groups. Australia is a member of the OECD Working Group on Bribery and a party to the key international conventions concerned with combating foreign bribery, including the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (Anti-Bribery Convention). Under Australian law, it is an offense to bribe a foreign public official, even if a bribe may be seen to be customary, necessary, or required. The maximum penalty for an individual is 10 years imprisonment and/or a fine of AUD 2.1 million (approximately USD 1.3 million). For a corporate entity, the maximum penalty is the greatest of: 1) AUD 21 million (approximately USD 13.0 million); 2) three times the value of the benefits obtained; or 3) 10 percent of the previous 12-month turnover of the company concerned. The legislation covering bribery of foreign officials is the Criminal Code Act 1995. In 2019, the Commonwealth Government introduced an amendment to the Act that would expand the list of activities considered foreign bribery, but the amendment has not been legislated at the time of publishing. Information on the amendment can be found at the following link: https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=s1246 A number of national and state-level agencies exist to combat corruption of public officials and ensure transparency and probity in government systems. The Australian Commission for Law Enforcement Integrity (ACLEI) has the mandate to prevent, detect and investigate serious and systemic corruption issues in the Australian Crime Commission, the Australian Customs and Border Protection Service, the Australian Federal Police, the Australian Transaction Reports and Analysis Center, the CrimTrac Agency, and prescribed aspects of the Department of Agriculture. Various independent commissions exist at the state level to investigate instances of corruption. Details of these bodies are provided below. UN Anticorruption Convention, OECD Convention on Combatting Bribery Australia has signed and ratified the United Nations Convention against Corruption and is a signatory to the OECD Anti-Bribery Convention. Resources to Report Corruption Western Australia – Corruption and Crime Commission 86 St Georges Terrace Perth, Western Australia Tel. +61 8 9215 4888 https://www.ccc.wa.gov.au/ Queensland – Corruption and Crime Commission Level 2, North Tower Green Square 515 St Pauls Terrace Fortitude Valley, Queensland Tel. +61 7 3360 6060 https://www.ccc.qld.gov.au/ Victoria – Independent Broad-based Anti-corruption Commission Level 1, North Tower, 459 Collins Street Melbourne, Victoria Tel. +61 1300 735 135 https://ibac.vic.gov.au New South Wales – Independent Commission against Corruption Level 7, 255 Elizabeth Street Sydney NSW 2000 Tel. +61 2 8281 5999 https://www.icac.nsw.gov.au/ South Australia – Independent Commission against Corruption Level 1, 55 Currie Street Adelaide, South Australia Tel. +61 8 8463 5173 https://icac.sa.gov.au 11. Labor Policies and Practices Australia’s unemployment rate has hovered between 5.0-5.3 percent for the last year, sitting at 5.1 percent in March 2020. The impact of COVID-19 is expected to see this rise sharply, although the government has implemented large stimulus packages targeted to keeping businesses operating and employees in work. Average weekly earnings for full time workers in Australia were AUD 1,659 (approximately USD 1,030) as of November 2019. The minimum wage is set annually and is significantly higher than that of the United States (approximately twice the U.S. minimum wage). Overall wage growth has been low in recent years, growing only slightly above the rate of inflation. The Australian Government and its state and territory counterparts are active in assessing and forecasting labor skills gaps across industries. Tertiary education is subsidized by both levels of governments, and these subsidies are based in part on an assessment of the skills needed by industry. These assessments also inform immigration policy through the various working visas and associated skilled occupation lists. Occupations on these lists are updated annually based on assessment of the skills most needed by industry. Immigration has always been an important source for skilled labor in Australia. The Department of Home Affairs publishes an annual list of occupations with skill shortages to be used by potential applicants seeking to work in Australia. The visas available to applicants, and length of stay allowed for, differ by occupation. The main working visa is the Temporary Skills Shortage visa (subclass 482). Applicants must have a nominated occupation when they apply which is applicable to their circumstances, and applications are subject to local labor market testing rules. These rules preference the hiring of Australian labor over foreign workers so long as local workers can be found to fill the advertised job. Most Australian workplaces are governed by a system created by the Fair Work Act 2009. Enterprise bargaining takes place through collective agreements made at an enterprise level covering terms and conditions of employment. Such agreements are widely used in Australia. A Fair Work Ombudsman assists employees, employers, contractors and the community to understand and comply with the system. The Fair Work Act 2009 establishes a set of clear rules and obligations about how this process is to occur, including rules about bargaining, the content of enterprise agreements, and how an agreement is made and approved. Unfair dismissal laws also exist to protect workers who have been unfairly fired from a job. Australia is a founding member of the International Labour Organization (ILO) and has ratified 58 of the ILO’s conventions. Chapter 18 of the AUSFTA agreement deals with labor market issues. The chapter sets out the responsibilities of each party, including the commitment of each country to uphold its obligations as a member of the ILO and the associated ILO Declaration on Fundamental Principles and Rights at Work and its Follow-up (1998). There were 135 industrial disputes nationwide in 2019, down from 158 in 2018. Total working days lost to disputes in 2019 fell 40 percent to 64,000 days. Edit Your Custom Report