Baronvonrort wrote on Jan 15
th, 2019 at 11:20am:
whiteknight wrote on Jan 14
th, 2019 at 6:12pm:
Wharfies vote to strike over 'attack' on pay and conditions
14 January 2019
The Age
Hutchison Ports is locked in a fresh dispute with its unionised workers in Sydney and Brisbane.
Hutchison Ports, which lost tens of millions of dollars in the past financial year, is seeking to drive down costs at its Australian port operations.
Its existing wage agreement pays waterfront workers an average of $150,000 in Sydney and $130,000 in Brisbane for working 30 to 33 hours a week, once allowances are factored in, as well as 12 per cent superannuation.
The company can't keep running at a loss it will go out of business, do the unions want to shut it down?
$150,000 a year for 30-33 hours work sounds like a nice rort,
these workers will be making nothing if that company goes out of business. If Hutchison go out of business - someone else will pick up the contract... who do you imagine they are going to employ? Untrained newbies straight off the street? Bring in foreign wetback scab labour?
If a major company is losing money - they need to look at their overall activity and find out where they are losing - and if it is because they have undercut on contracts - their principal contractor (port 'corporation' - is it owned by Chinks these days? Ah - the joys of privatisation and sellout!!) needs to be brought back to the table by a (gasps) union of waterfront firms..... aided by the WWF ...
Many of these companies/corporations go out backwards because they 'diversify' into what their accountants tell them are a 'good deal', and put their money into other kinds of activity other than their core activity (core v non-core - here we go again).
Interestingly - when the inevitable disaster ensues... the workers, lower management (non-tenured and without a shares portfolio in the company) and shareholders may suffer .. but the board will not.....
They board etc will go down with the ship, saluting all the way and weighed down by a huge mass of gold... then into a submarine to make their escape... and will re-surface again in another guise with a few lazy mill/bill just lying around.
Look at Rodney Adler.... Christopher Skase ... Alan Bond... Slim Mehajer..
The government and its lackey agencies, as well as the banks, have learned NOTHING since the heady days of Bondie's Great Escape with $50+ million.... Skasey's Run with $25+ million... Slim's Pickings with at least $10+million, and Adler's who knows amount... but enough to spend $5m refurbishing the garage on his waterfront Eastern Suburbs home in Sydney.
Pillars of the community all!!
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Wharfies Vote To Strike Over Pay And Conditions (Read 2597 times)
