AURIZON PLANS TO AXE WORKPLACE AGREEMENTS

Written on the 12 May 2014

AURIZON PLANS TO AXE WORKPLACE AGREEMENTS AURIZON Holdings Limited (ASX:AZJ) plans to terminate 14 Queensland workplace agreements, following failed talks with union representatives.

The rail operator has submitted the application to the Fair Work Commission, following an announcement to axe 480 jobs from its workforce.

Aurizon is seeking to update the enterprise agreements that were established prior to privatisation in 2010, including no forced redundancies or relocations, free rail travel and allowances on top of wages.

It argues that the system impacts customer service, efficiency, productivity and incurs additional costs – affecting competitiveness in a tough economic climate.

“Aurizon is disappointed that it has become necessary to pursue this course of action, however the company, our employees and our customers need certainty and deserve fair, modern workplace agreements.

“The extremely slow progress with bargaining has resulted in Aurizon having to explore all options available to it,” the company said in a statement.

If terminated, employment conditions will be regulated by the Rail Industry Award 2010, National Employment Standards and individual contracts.

AZJ has been negotiating proposed changes with unions since April last year.


Latest News

DOWNER EDI GRABS MORE THAN 50 PER CENT STAKE IN HOSTILE TAKEOVER TARGET SPOTLESS

DOWNER EDI Limited (ASX: DOW) now holds more than 50 per cent of Spotless Group Holdings Limited's (ASX: SPO) sha...

ACCODEX AIMS TO RAISE $5 MILLION CAPITAL, AWARD FOR CEO A CHERRY ON TOP

ACCOUNTANT Chris Hooper has never been one to shy away from voicing his opinion when it comes to the state of his ...

AVEO GROUP TO BUY BACK SHARES FOLLOWING MEDIA INVESTIGATION

FOLLOWING last night's Four Corners report which revealed accusations against Aveo Group (ASX: AOG) of financi...

STRUGGLING TEN NETWORK IS 'CASH POSITIVE' AND CAN BE SAVED, ADMINISTRATOR SAYS

THE ADMINISTRATORS of the Ten Network say the struggling broadcaster has cash to continue operating and have also ind...

Related News

DOWNER EDI GRABS MORE THAN 50 PER CENT STAKE IN HOSTILE TAKEOVER TARGET SPOTLESS

DOWNER EDI Limited (ASX: DOW) now holds more than 50 per cent of Spotless Group Holdings Limited's (ASX: SPO) sha...

STRUGGLING TEN NETWORK IS 'CASH POSITIVE' AND CAN BE SAVED, ADMINISTRATOR SAYS

THE ADMINISTRATORS of the Ten Network say the struggling broadcaster has cash to continue operating and have also ind...

METCASH NET PROFIT FALLS 20 PER CENT, ANNOUNCES CEO WILL STEP DOWN IN 2018

FOOD and grocery giant Metcash has announced its full year net profit has fallen more than 20 per cent and its CEO Ia...

SHARE PRICE PLUNGE FOR RETIREMENT VILLAGE OPERATOR AHEAD OF FOUR CORNERS INVESTIGATION

A RETIREMENT village operator which has been accused of charging excessive fees through complex contracts has respond...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter