Peak union slams mining profits as workers struggle

Unions have slammed the mining sector for fighting against new workplace laws, saying it would only impact a minute fraction of their combined $300 billion profit last financial year.

Mining profits had jumped almost 200 per cent in the past decade while wages had gone backwards 6 per cent in real terms, Australian Council of Trade Unions research found.

Signing on to workplace law changes that are before Federal Parliament would only cost the industry 0.016 per cent of its profit, the peak union body said.

The new laws would close a loophole allowing companies to negotiate a rate of pay with workers then pay labour hire less.

ACTU secretary Sally McManus slammed mining giant BHP for claiming the labour hire crackdown would cost them $1.3 billion.

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Chronicles Live is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – chronicleslive.com. The content will be deleted within 24 hours.

Leave a Comment