CAPITAL MARKETS

BHP makes new offer to head off strike

BHP has made a new wage offer to employees at its Crinum and Gregory mines and Hay Point coal terminal in a last minute attempt to head off further strike action.

Greg Tubby

The offer is the equivalent of a 13.5% increase over two years, comprising a $3000 gross cash payment, a 4% wage increase this year, and a second increase of 4% to aggregate wages in 12 months time, the...

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