CFMEU agrees to 35pc cut to Griffin Coal pay

Original article by David Marin-Guzman
The Australian Financial Review – Page: 3 : 3-Nov-17

Workers at Griffin Coal’s Collie mine in Western Australia face reduced working hours and pay rates under a proposed enterprise agreement. The new pay deal, which would cut hourly pay rates by 25 per cent and annual earnings by 35 per cent, has the support of the Construction, Forestry, Mining & Energy Union. State secretary Gary Wood says both unions and Griffin have accepted compromises to secure the pay deal, amid uncertainty regarding future bank financing for the mine.

CORPORATES
THE GRIFFIN COAL MINING COMPANY PTY LTD, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIA. FAIR WORK COMMISSION, LANCO RESOURCES, AUSTRALIAN MANUFACTURING WORKERS’ UNION, ICIC BANK

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