Lend Lease have agreed to a 20% wages deal with the cfmeu over 4 years.
Annual inflation for the past 2 years has been just 1.5%.
In the absence of new skills or productivity gains, why does anyone deserve wage rises above inflation?
A sell out for no disruptions?
Relative to their projects, Lend Lease don't have that many directed employs as they use subcontracts and subcontractors for the bulk of labour requirements and no doubt they and the cfmeu intend to squeeze them.
I do hope Turnbull's construction watchdog bills pass.
Dex
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