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AnDy62

3,379 Posts.

119

17/11/16

10:41

Post #: 20682980
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Originally posted by poyndexter ↑

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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Careful watch they wish for, pushing up labour costs with the apartment market looking vulnerable could lead to bloodshed and these workers out on their asses!
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