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ACCC raises questions about Asciano takeover
The ACCC has thrown a spanner in the works of Brookfield’s plans to takeover Asciano. The Australian Competition and Consumer Commission has said that it has serious concerns about the access regimes relating to the […] Read More »
Asciano looks set for take-over as trading halts
Asciano’s share are currently in a trading halt, with speculation that the company is close to recommending a takeover form Brookfield Infrastructure Partners. Asciano requested the trading halt on Tuesday morning. The takeover bid is […] Read More »
Secretary’s wrap
It seems as though the current Premier isn’t all that fussed about commuter safety. Just last week he and the Transport Minister, Andrew Constance, were out and about spruiking their plans for the driverless Sydney Metro. Read More »
Asciano looks set to be bought out
Ascaino looks set to be taken over by the Brookfield Infrastructure Group, with the global asset manager looking to aquire 100% of the shares in the rail company. Read More »
RTBU takes it to Asciano over legal representation. And wins.
The Fair Work Commission has sided with the RTBU, ruling that Asciano has sufficient internal legal and HR resources to be able to represent in the Industrial Relations tribunal. Read More »
Asciano wants FWC to play a greater role in negotiations
Asciano is calling for the Fair Work Commission to play a greater role in “agreement facilitation”. Read More »
RTBU seeks urgent clarification over Pacific National job losses
The RTBU is extremely concerned about reports that Pacific National’s parent company Asciano plans to reduce its total workforce by 500 positions. Read More »
Asciano boasts huge profit, tries to shortchange workers
Pacific National parent company, Asciano, has posted a huge jump in earnings, with full-year results showing an almost 43 per cent increase in net profit. Revenue for the company’s rail division rose 14.6 per cent […] Read More »
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