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Talks between GrainCorp and the Australian Workers Union over an enterprise agreement for bulk handling centre workers in Victoria have broken down. GrainCorp will put its offer to a worker vote without union backing.
The AWU says job security and labour hire conditions are the main sticking points.
A labour dispute at a major Australian bulk handler could create disruption at grain receival and export sites. The effect on prices is likely minor unless industrial action follows.
farmonline.com.auGregor HeardAug 23, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
