Review of Coal Mining Industry Long Service Leave Framework

first_imgReview of Coal Mining Industry Long Service Leave Framework Attorney-GeneralMinister for Industrial RelationsSenator the Hon. Michaelia CashAssistant Minister to the Attorney-GeneralAssistant Minister for WomenAssistant Minister for Industrial RelationsSenator the Hon. Amanda StokerJoint media releaseThe Australian Government will launch an independent review of the Coal Mining Industry (Long Service Leave Funding) Corporation (Coal LSL) to safeguard the long service leave entitlements of employees in the black coal mining industry.The review will consider the current laws, Coal LSL’s performance, and potential legislative and non-legislative measures to improve the adequacy and transparency of the scheme as well as public confidence in it.Coal LSL is an Australian Government corporation which regulates and manages long service leave entitlements on behalf of eligible employees in the black coal mining industry.“The coal industry’s operating environment continues to evolve, and the laws currently regulating the scheme are not serving employees or employers as they should,” the Attorney-General and Minister for Industrial Relations, Michaelia Cash said.“More than 128,000 employees are accruing or have accrued long service leave through the scheme, and Coal LSL has in excess of $1.9 billion in funds under management. This review is critical in ensuring the scheme, and the corporation that manages it, is a model for the highest standards of governance of worker entitlements with appropriate and robust safeguards in place.”“I know that many employers, employees and their representatives have raised various issues in the past. I encourage them and others to engage with this review process, so that Coal LSL is in the strongest possible position for the years ahead.”The final report of the review will be provided to the government in 2021.Read the review’s terms of reference /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, Australian, Australian Government, cash, coal, Employees, environment, Government, industry, launch, Media, Michaelia Cash, mining, Minister, terms of reference, womenlast_img

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