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Issue No. 246 | 12 November 2004 |
How It Comes To This
Interview: The Reich Stuff Economics: Crime and Punishment Environment: Beyond The Wedge International: The End Of The Lucky Country Safety: Tests Fail Tests Politics: Labo(u)r Day Human Rights: Arabian Lights History: Labour's Titan Review: Foxy Fiasco Poetry: Then I Saw The Light
The Locker Room The Soapbox Parliament
Labor Council of NSW |
News Workers Seize Cat
The AMWU has warned Wavemaster creditors that no work will be done on the $2 million catamaran until union members get their money. The ultimatum came at a creditors meeting, last week, at which banks and the union rolled the company's bid to appoint its own auditor, William Buck, as administrator. Employees were terminated, last week, after accepting repeated assurances that owed wages and entitlements would be paid "next Monday". It has since been discovered that Wavemaster's owner, Malaysia-based Penang Shipping Company, engaged in a corporate reshuffle that saw its Western Australian operation transferred through Body Focus to an entity called JR Marine. Union representatives are trying to trace directors of the company. AMWU organiser, Steve McCartney, said even the factory manager had been taken in by company assurances that the missing money would eventually appear. "It's hard to believe that people would keep turning up to work when they weren't being paid," McCartney said. "But he told me late payments had been happening for at least six months. It hadn't been unusual for the staff to wait four weeks for their money. "This time, every Friday, there were assurances that the money would be paid on Monday. "My personal belief is they stripped the company of its intellectual property then collapsed it but we are trying to follow the paper trail to see who has been taking the money out." The company told creditors that ongoing operations in Victoria and NSW were now completely separate from the Perth concern. AMWU lawyer, Luke Edmonds, was voted onto the creditors' committee at last week's meeting. Wavemaster occupied Henderson premises about five doors along from Eagle Air, another company bought out and collapsed by Malaysian interests, leaving employees stranded. The AMWU was successful in retrieving money owed to 13 members employed by Eagle Air.
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