Monadelphous EBA, page-5

Up where Kilswitch?
I am interested .

While I am certain Monadelphous is secure, with both contracts and cash in hand, in recent weeks have been following the growing number of businesses in the sector going into liquidation, outcry over payment arrangements and government reviews into both the West Coast Model and into the contracting /payment acts in place in the Eastern States .
My concerns are currently exacerbated by the unsteady overall market and the number of large international players swooping from the wings - both for contracts and companies.

https://www.abc.net.au/news/2018-08-29/subcontractors-on-nsw-infrastructure-lack-safeguards/10177084

Omega Construction has flagged it will be the next to go into administration
“More than $50million had not been paid to subcontractors working on Main Roads projects this year, with big names including Brierty, York Civil and Marine & Civil going into liquidation.”
https://thewest.com.au/business/inf...ay-price-for-main-roads-savings-ng-b88994838z

Beyond main roads work, and despite infrastructure boom headlines, I think there are people hurting badly out there,that there are labour shortages and an air of high general tension with unions being particularly inflamed - evidently with reason.

That Monadelphus is negotiating an EBA means this is something other companies are likely to be working on.
You say MND may “‘..lose half or more of their workforce in WA .and possibly east coast.grubby conditions and wanna slide through another filthy agreement
Theres word on the street..there will be industrial action”

A happy labour force is gold .
In the current scenario if people choose to walk there is somewhere else to walk to.

Beyond being interested in the specifics at MND I am also nterested in what people here think generally about the dichotomy between “infrastructure boom worth billions’ and the increased call for ‘hardship funds’ with reference to labour shortages and lack of skilled workforce as evidenced on SEEK and cited here and elsewhere:
https://thewest.com.au/business/min...ning-still-cant-plan-for-future-ng-b88924613z
https://www.news.com.au/finance/bus...m/news-story/9abb09bee9c85fc6419597a14e77df3e

Cheers