'The Australian' states re today's tugboat operators' strikes:
:"...Svitzer employees at Cairns, Newcastle, Sydney, Port Kembla, Adelaide, Fremantle, Geraldton and Albany ports will halt work for four hours, while workers in Brisbane and Melbourne will strike for 24 hours."
This will affect coal and GNC/ other grain exports.
It hasn't taken long since the May 2022 Federal election for the militant unions to start rearing their ugly heads, even though union membership across Australia's economy is down to about 14 per cent of employees. The unions remain powerful in 'essential services' sectors.
GNC Price at posting:
$7.56 Sentiment: Hold Disclosure: Held
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