|Issue No 110||07 September 2001|
Transfield Fire Sale Threatens Entitlements
Sixty workers employed by the construction giant Transfield have reignited an industrial campaign to secure their entitlements with plans to sell their division.
The AMWU is concerned that the company proposing to buy Transfield's Processing Technologies Division is a shelf company.
Unions are concerned that the lack of assets would meant that in the event of financial problems, the bank would claim everything and there would be nothing left to pay the employees their accrued entitlements.
The Australian Manufacturing Workers' Union, is the major union representing workers at Transfield's Seven Hills site.
State Secretary, Paul Bastian, said that the union would take a very tough position on protecting workers' entitlements.
"The Union estimates that TPT owes its workers more than $3 million in accrued entitlements, including superannuation" said Mr Bastian
"Transfield has been trying to offload this division of the company for more than a year and this is the second time the potential buyer has been a company with no assets."
The Industrial Relations Commission has made orders in relation to the AMWU's demand for the establishment of Manusafe at Transfield. However, Mr Bastian said that this would not deter the Union from action to protect the workers' entitlements.
"We will continue to use every means possible to protect our members' entitlements" said Mr Bastian
"Examples such as HIH and OneTel mean that no worker can take any employer on trust anymore. They have been burned too many times." said Mr Bastian
"Like every other worker, employees at Transfield should be able to count on 100% of their entitlements."
"The proposed Transfield purchase is a disaster waiting to happen and the AMWU will simply not stand by and watch out members get ripped off" said Mr Bastian.
Interview: Cast Adrift
Ethnic Communities Council chair Salvatore Scevola gives his take on the Tampa saga and the underlying attitudes driving the debate.
Workplace: Coming to Australia
Jagath Banderra recounts his own experience as a new arrival in Australia entering the workforce.
Human Rights: Long Road to Nowhere
Iraqi refugees travel the same tortuous road as Afghans. The refugees on the Tampa have almost certainly endured a similar ordeal.
Immigration: Experience Required
Veronica Apap looks at the many difficulties migrants face in having their skills recognised in Australia.
International: Why Economic Rationalism Isn't
The CFMEUs Phil Davey surveys the wreckage after 10 years of Brazil's Government doing what the free marketeers want.
History: Johnny's Naruan Wet Dream
Rowan Cahill looks at how Australia's preferred refugee dumping ground's history is indelibly linked with our own.
Unions: Getting the Message Out
Caroline Alcorso argues the integration of immigrant workers into the trade union movement has been a central issue in Australia’s post-war labor history.
Work/Time/Life: Driven To The Edge
In the ACTU’S groundbreaking Fifty Families report there is one particularly sobering story. Frank tells how the modern workplace is driving some people to the fatal edge.
Review: Whose Party?
NSW Labor’s century of successes began in 1910, as did the “middle classing” of Labor policy.
Satire: Ethnic Wog Gangs Rape Everyone
People who are white in colour are being raped by people who are not white, an exclusive Chaser investigation found last week.
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Last Modified: 15 Nov 2005