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Issue No. 277 | 19 August 2005 |
Weasel Words
Interview: On Holiday Unions: One Day Longer Industrial: Never Mind the Bollocks Politics: Spun Out Economics: If the Grog Don't Get You .... History: Taking a Stand International: The Split Legal: Pushing the Friendship Poetry: Simple Subtractions Review: Sydney Trashed
Busted: Howard's 14 Percent Furphy Top End of Town to Write IR Laws New Laws Make Green Bans History Blokes Wouldn�t Cop Child Care Wages MPs Duck As Unions Hit the Road Andrews Shafts Employee Safety Indon Rail Workers Roll Paycut Plan
Parliament The Soapbox The Locker Room International Postcard
Think of the Kids Let�s Talk Stupid Sale The Meal Stand Your Ground Convenient Flagellation
Labor Council of NSW |
News Hardies Dodges Responsibility
The stalling tactic has put the future claims of victims, including workers and members of a North Coast Aboriginal community in limbo, and raised fears the company will walk away from last year�s $1.9 billion settlement.
Announcing a massive quarterly profit of $74.1 million, James Hardies CEO Louis Gries admitted the company was holding off making payments to victims while seeking a ruling from the Australian Tax Office that the compensation be tax deductible. Those comments prompted protest action outside the James Hardies shareholders meeting, with victims putting formal questions to the Hardies CEO about his intentions. AMWU state secretary Paul Bastian says victims are calling on Meredith Hellicar to reject the position of ex CEO Peter McDonald and accept full moral responsibility. "We want an unequivocal statement from James Hardie that they will not cut and run," Bastian says.. " We want a statement from the CEO and the Chair of the Board that James Hardie is committed to full compensation of asbestos victims "We also want them to withdraw support for increased compensation to directors until all victims have been compensated. The AMWU and other victims have taken heart from statements from new Premier Morris Iemma, that he wilkl maintaing pressure on the company. "This is absolutely immoral that they would enrich their profits while they fail to give a commitment to the NSW Government, the NSW people and victims of asbestos. "We need to remind them that the NSW Trade Union movement is fully behind this and that our resolve is rock solid. "The last time we campaigned on this their share price plummeted and their reputation was destroyed, they need to be reminded that this can be turned on if they don't give justice to the victims."
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