BSL 0.19% $20.60 bluescope steel limited

an interesting viewpoint!

  1. 10,705 Posts.
    lightbulb Created with Sketch. 408
    Today's article in The Australian 'Bluescopes Steel's troubles blamed on giving alarming control to unions' misses one major point not covered by expert Collier and Co. and that is of the high levels of demarcation that exist within this industry, in other words even though a person is capable and competent in doing work they cannot because they are not in the right union. The unions divvy up the work to be carried out and each union has coverage of a certain type it can perform. This is the bane of the industry, and not the wages and payments. I think for all Colliers wealth of knowledge, although she is on the right track, but obviously knows nothing of the machinations of the cosy alliance between management and unions, yes alliance, management have never pursued their right to allocate work based on qualifications and ability.
 
watchlist Created with Sketch. Add BSL (ASX) to my watchlist
(20min delay)
Last
$20.60
Change
0.040(0.19%)
Mkt cap ! $9.038B
Open High Low Value Volume
$20.55 $20.79 $20.42 $19.04M 923.2K

Buyers (Bids)

No. Vol. Price($)
4 11042 $20.58
 

Sellers (Offers)

Price($) Vol. No.
$20.62 37 1
View Market Depth
Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
BSL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.