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Free AccessRegulator Urges Chevron, Unions to Accept Proposal to End Strikes
Chevron and the unions are close to reach a deal that would end industrial action at the Gorgon and Wheatstone LNG facilities, with the nation’s labor regulator putting forward new proposals to resolve remaining disputes according to Australia’s Fair Work Commission.
- "I strongly recommend that the parties adopt the recommendations ... which will hopefully resolve these disputes," FWC Commissioner Bernie Riordan said.
- "In my view, the parties are close to achieving their desired outcome of registered enterprise agreements to cover the wages and employment conditions," Riordan said in the filing.
- “A large number of issues have been settled. However, a failure to settle all of the outstanding issues will result in those agreed provisions simply evaporating,” the FWC said in a statement.
- The commission's recommendations came a day after talks between Chevron and a union alliance over strikes at the Wheatstone and Gorgon facilities ended without a deal.
- The two sides have until 9:00 Sydney time on Friday (23:00 GMT, Thursday) to decide whether to accept the commission's recommendations, ahead of a scheduled hearing later in the day.
- The tribunal has the power to halt the strikes, which escalated to two 24-hour work stoppages over the weekend.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.