AURIZON STOPS CONTRACT TERMINATIONS IN ITS TRACKS

Written on the 5 May 2015

AURIZON STOPS CONTRACT TERMINATIONS IN ITS TRACKS

AURIZON Holdings Limited (ASX:AZJ) has postponed plans to terminate 12 existing enterprise agreements until an appeal by the unions is finalised.

The Fair Work Commission awarded the rail operator the right to terminate the expired agreements last month.

Aurizon will first await the outcome of an application by the unions to Federal Court to review the decision at a hearing in Melbourne.

Managing director and CEO Lance Hockridge says while Aurizon is prepared to suspend acting on the Fair Work decision, it does not accept there is any error.

"We want to minimise the disruption to our employees and customers," Hockridge says.

"After negotiations extending over two years we can wait a few more days to let the legal process play out."

Aurizon will maintain base wages for six months after the agreements are terminated, however other contract conditions will be reviewed.

"At the end of the day we want a fair deal for our employees that is competitive and allows our company to grow," Hockridge says.

"That is why the legal process is underway we will still continue to negotiate in good faith with the unions on the substantive and unresolved issues associated with the new agreements.

"Therefore we urge the unions to engage in meaningful and productive dialogue on the proposed new agreements."

The Federal Court hearing is on May 21.


Latest News

ENTREPRENEUR'S NEW VENTURE SWEET AS 'HONEE'

A MELBOURNE entrepreneur hailing from the food tech scene has launched a new venture to change the face of beauty....

WATER VENTURE TAKES ON THE PLASTIC SCOURGE

DAMIEN Stone has a thirst to build the world's biggest social enterprise in a clean fight against the plastic ...

BUNNINGS BOSS JOHN GILLAM QUITS WESFARMERS

THE man behind Bunnings' home improvement domination has resigned from his role in charge of the retailer.

...

NOVOTEL SALE REFLECTS HOT BUYERS' MARKET

AFTER two decades in the hands of a private syndicate, The Novotel Melbourne Glen Waverley has been sold to the Sy...

Related News

HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

MCDONALD'S is such a ubiquitous part of the Australian landscape today that it is easy to forget how it change...

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter