BHP Group Shares Fall After Australian High Court Rejects Bid to Appeal 'Same Job, Same Pay' Rulings

MT Newswires Live
Apr 10

BHP Group (ASX:BHP) shares fell nearly 1% in morning trade Friday after the Australian High Court rejected its bid for special leave to appeal the "same job, same pay" rulings covering mine workers in Queensland.

The decision concludes the mining giant's attempts to overturn the Fair Work Commission and Federal Court rulings confirming labor hire workers performing the same job as permanent employees should receive the same pay, the Mining and Energy Union said in a statement on Thursday.

The rulings have already delivered pay rises of around AU$20,000 to AU$30,000 a year for over 2,000 workers across the company's Goonyella Riverside, Peak Downs and Saraji mines in Queensland, per the statement.

BHP did not immediately respond to a request for comment from MT Newswires.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10