Business

BMA strike to cost Qld govt $10m

A LAST-minute meeting in Brisbane was not enough to dissuade mine workers from beginning a seven-day strike from Thursday.

The stoppage is expected to cost the Queensland Government $10 million in lost royalties.

An industry source estimated the cost to BHP, since industrial action began 18 months ago, to be fast approaching the $2 billion mark.

Stephen Smyth, president of the Construction Forestry Mining and Energy Union's Queensland mining division, met with BHP Billiton Mitsubishi Alliance in Brisbane on Wednesday.

Both sides so far appear unwilling to budge.

After the meeting, Mr Smyth said BMA told the union it was to put together a deal for the company to consider delivering to all its Central Queensland workers.

He said the union would put something together, but for now all six BMA mines will be shut from 6am for a week until next Thursday.

Prior to the sit-down, Mr Smyth was hopeful but prepared for a grim reception.

"We're hoping it's a fruitful discussion and some concessions will be made but we'll have to see," he said.

A BMA spokeswoman said there was nothing to be gained by the union going on strike.

"As the record has shown, it will not help resolution of an agreement," she said.

"We are focused on finalising an agreement and will resume discussions to complete the agreement as soon as possible."

She said BMA would listen to the workers and hoped to restart discussions as soon as it could.

However, she added "BMA will not compromise on matters that limit its ability to compete and grow its business."

Workers from the CFMEU, Electrical Trades Union and Australia Manufacturers Workers Union all will stop working on BMA mines.

Topics:  bhp billiton bma strike



PHOTOS: Your Mr Beef 2017 revealed

Entrants into the 2017 Mr Beef contest posed inside a photobooth.

HEATED online campaign between competitors came to a climax Saturday

Refugee 'unfairly' sacked from Byron Bay Superfoods

Company labelled "vindictive" after civil war victim bullied

Fisherman in hospital after hooking a shark off Evans Head

File photo of NSW Ambulance.

Fisherman in his seventies rushed to hospital after shark encounter.

Local Partners

Shot at the live shows slips through Sally's fingers

SUNSHINE Coast singer's dramatic elimination from The Voice nearly saw her form a duo with her battle round opponent.

Ben Stiller and Christine Taylor split after 17 years

They were married in May 2000 and have two children, who they said will remain their priority.

Ben Stiller and his wife Christine Taylor have called it a day

Why The Voice hasn't produced a star

Boy George responds to Brittania Clifford-Pugh's heart-warming message.

It's the industry, not the show, says Boy George

These actors hated their movies and didn’t mind admitting it

Channing Tatum and Marlon Wayans in a scene from GI Joe: The Rise of Cobra.

Every year, Hollywood blesses us with plenty of God awful movies.

Miranda Kerr and fiance hang up backyard tent for wedding

The decorators and caterers are arriving for the final preparations for the wedding of Miranda Kerr and Evan Spiegel. Pictures: Splash

Evan Spiegel and Miranda Kerr are set to marry today

Book review: Mia Freedman's book meets her critics head on

I appreciated Freedman's blunt honesty in the book

Man's amazing comeback from monster crisis

Pat O'Driscoll agents Penny Keating and Doug Webber sold 56 Agnes St, The Range at auction over the weekend.

NOT long ago, he sold his possessions to pay staff. Now he's back.

Here's your chance to carp about feral pests

Carp might by great fun to catch but they're destroying Australia's watercourses.

Science in the Pub looks at carp and coral trees

SNEAK PEEK: What new shopping centre is going to look like

Artist impression of the proposed redevelopment of the cinema and shopping complex on Jonson St, Byron Bay.

Mercato billed as regional NSW's most sustainable shopping complex

How Toowoomba house prices compare in Australia

For sale sign in front of home.

Here's what $700,000 will buy you in Toowoomba, Brisbane and Sydney

Slaves in Byron: The dark side of housing crisis

Housing generic.

A darker side to Byron's economy

Ready to SELL your property?

Post Your Ad Here!