SYDNEY, Wednesday, 6 May, 2009 - With the global ‘great recession’ bearing down on Australia, the 2009/10 federal budget will be one of the most important budgets ever to be delivered by an Australian government.
As Australian businesses eagerly await the Rudd government’s next move, unique Parliamentary monitoring service Capital Monitor from LexisNexis will use it’s more than 20 years of experience to put Australian companies, government departments and not for profit organisations as close to the budget night lock up as possible.
Capital Monitor will have vital information to businesses literally within minutes of leaving the lock up – giving them a head start on analysing and understanding the market impact of Swan and Rudd’s decisions.
Although some hints are given away just prior to the budget announcements no detail is revealed, so the customised service to business that Capital Monitor provides is particularly important for law firms, legal teams and executive boards, government departments and niche industry groups.
The swiftness and reliability of the Capital Monitor team in Canberra was demonstrated recently with the Carbon Pollution Reduction Scheme (CPRS) Draft Legislation released on 10 March. The team was able to write a Briefing Paper and send to clients within one hour of the draft legislation being released.
“Australian businesses can receive instant access to budget details that impact them as soon as budget ‘lockup’ ends. Capital Monitor eliminates the need for customers to expend resources on locating details on what budget measures have been made and how they will affect their organisation or industry,” says Theuns Viljoen, CEO LexisNexis Pacific.
Capital Monitor is based in the federal press gallery in parliament house and uses its bird’s eye view of the daily goings on in parliament to relay critical insight to its clients.
All of the big six Australian top law firms, major banks, numerous industry groups and not-for-profits organisations all use Capital Monitor.
This year the Capital Monitor budget service includes specially prepared
briefing papers on a range of crucial topics such as:
- Education and Workplace Relations
- Environment
- Family and Community Services
- Health and Ageing
- Superannuation
- Taxation
- Transport and Infrastructure.
In addition to its budget services, Capital Monitor continuously provides tailored parliamentary, legislative, regulatory and judicial news to its customers, typically expending more than 300 hours per week scouring and disseminating policy-significant material to ensure that customers receive updates on regulatory changes affecting their organisations.
Capital Monitor also publishes a number of specialist topic e-newsletters throughout the year. Topics include Industrial relations, Corporations Law, Anti-Money Laundering, Superannuation, Climate Change, and Federal Budget.
Capital Monitor customers can receive budget updates within minutes via email, organisation-wide Intranets and automated systems. Subscribers can also source information from the Capital Monitor online database, which currently contains about two million documents, providing them with a single source for all parliamentary developments.
For further information on Capital Monitor, visit www.capmon.com.
About Capital Monitor
Capital Monitor from LexisNexis is a Canberra-based, special news service that is focused primarily on Australian Commonwealth government policy information and its development. The service supplies up-to-the-minute tailored parliamentary, political, legislative, regulatory and judicial news to organisations, as well as information about developments in an organisation’s key policy areas of interest.
About LexisNexis
LexisNexis® (www.lexisnexis.com) is a leading global provider of content-enabled workflow solutions designed specifically for professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. LexisNexis originally pioneered online information with its Lexis® and Nexis® services. A member of Reed Elsevier [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), LexisNexis serves customers in more than 100 countries with 18,000 employees worldwide.
LexisNexis® Australia (www.lexisnexis.com.au) is the leading provider of Australian and international news, business, tax and legal information, using leading-edge technology, tools, and online solutions.
Media Contact:
Lisa Macdonald
Senior Brand Marketing Manager, LexisNexis Australia
Tel: +61 2 9422 2105
Email:
lisa.macdonald@lexisnexis.com.au
Marc K. Peter
Marketing Director, LexisNexis Australia
Tel: +61 2 9422 2438
Email:
marc.peter@lexisnexis.com.au