Top five contrarian commodity scenarios for 2025
The upcoming year has the potential to be one of the most volatile in recent memory, particularly in commodities, writes Clyde Russell.
BHP Billiton (ASX:BHP) is hoping legal industrial actions to be a last resort to workers and that laws ensure enough support for an employee to choose whether or not to join a union, the mining giant has told the Productivity Commission.
BHP, which directly employs over 23,000 people and about 34,000 contractors across its 35 Australian operations, has also asked for local laws to be flexible enough to keep pace with other countries.
“Businesses must have access to employment arrangements that enable them to adapt to the external environment in which they compete, making jobs more secure,” BHP said in today’s submission.
The company’s rationale behind the petition is that a firm suffers unnecessary economic harm every time unions threaten to strike but then withdraw notices at the last minute.
BHP believes the Fair Work Act should be improved so that it limits legal action to strikes by employees or a lockout by an employer, while highly paid workers should also have reduced rights to strike.
Unions that recurrently gave notice of industrial action before withdrawing the threat should lose the right to do so for a specified period, say, 90 days, BHP suggested.
2 Comments
Russ.
Multi-nationals need to give as well as take, the employee is there way to success,
so lets treat each action with clear thinking.
brettles02
nah its all one way traffic with them , believe me I know