Australia's largest stock trading and investment forum Australia's #1 stock forum

dirty little secret of the penalty rates debate, page-8

First 8 Last

Share
Profile

Follow
JonnoH

16,319 Posts.

5

20/05/16

11:02

Post #: 17821958
Share

Originally posted by Beastmaster ↑

Overtime refers to hours worked over 38 hours.
Most Sat and Sun workers only work 20 hours a week
So how can they possibly be entitled to any overtime or penalty when they have not worked their core hours??
I have a factory that should work 7 days a week 24/7

I have to have 40% more machinery and work a 4 day week to avoid paying penalty rates.
So I have to have 2 million dollars more machinery to avoid being screwed by penalty rates.

Bear in mind I compete with Vietnam, Thailand and Singapore in manufacturing, where they have no OHS, no leave loading, 15% company tax, 5 year rates holiday when you set up, free land, cost to build factory 1/3 of here,' Electricity 1/4 of here,
a truck driver charges $20 to drive 2000klm,
if Shorten gets in, we and all my employees are screwed.

Expand

You confuse overtime with penalty time.
1 Upvote

Reply

Top Stories

The business of sport: Warren Tredrea's take on this week's news

NRX

Noronex kicks off EM survey at Humpback, Namibia – part of South32's earn-in deal to access Kalahari Copper Belt

IPH

IPH raises $100M to buy up Canadian IP firm Bereskin & Parr

Reporting wrap: Inghams, Accent, Mayne Pharma

RDN

Raiden gears up for exploration in final quarter of 2024

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

The Rising Tide: How institutional adoption is shaping the future of crypto

Dale Gillham's weekly wrap: responding to a weak iron ore price with investing decisions

There are more pages in this discussion • 16 more messages in this thread...

First 8 Last

SPONSORED BY