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QUBE Members Enterprise Agreement Update
Your bargaining representatives met with QUBE management last Wednesday to continue bargaining for your Enterprise Agreement. A proposal was put to QUBE Management, which they AGAIN outright rejected. The proposal was. On top of this, […] Read More »
QUBE EA negotiations
The QUBE Enterprise Agreement is due to expire April 2019, and QUBE has initiated negotiations ahead of schedule in the hope that the new Enterprise Agreement will be finalised before the expiry of your current […] Read More »
Asciano’s profit down as takeover takes effect
Asciano’s profit in its last year of operation as an independent company tumbled by 24 per cent, according to reports in The Australian. The revelations come just after the $9 billion takeover by Qube Holdings and […] Read More »
Asciano takeover on hold again
It looks as though the takeover of Asciano will have to wait another month at least, with the Australian Consumer and Competition Commission (ACCC) expected reveal new concerns about elements of the bid. The joint […] Read More »
ACCC raises further concerns about Asciano takeover
There’s been yet another twist in the Asciano takeover bid saga. The competition watchdog has now stepped in and questioned the commercial relationships between Qube, Brookfield Infrastructure and the six international investment funds behind the […] Read More »
QUBE EA gets a nod…just
The latest enterprise agreement at QUBE was recently voted up by a slim margin, with 68 yes votes to 64 no votes. The vote was the third attempt by the company to get its agreement […] Read More »
Is the Asciano sale nearing an end?
The Asciano debacle has taken yet another turn, with Qube and Brookfield agreeing to divvy-up Asciano – potentially meaning the seemingly never-ending back and forth bidding war may soon be over. The proposed deal would […] Read More »
Qube and Brookfield teaming up?
The Asciano/QUBE/Brookfield love triangle is continuing. After last week announcing that they were going with the Qube Consortium’s bid, the Asciano Board has this week indicated that Qube and Brookfield have now decided to team […] Read More »
QUBE EA debacle continues
The union negotiating team is continuing to push for a QUBE enterprise agreement that provides members with the wages and conditions they deserve. Unfortunately, however, while there has been some progress, the company is stalling […] Read More »
Further twists in Asciano sale
There’s been yet another twist on the ongoing debate around the sale of Asciano, with QUBE Holdings putting in a $9 billion takeover offer. Brookfield (a Canadian company which had already put in an offer), […] Read More »
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