Trouble in the Ports

You don’t need to be a cyber hacker to cause economic disruption.

The law of the land allows labour to organise themselves but is this the non-digital version of ransomware?

There is some good industrial relations reporting in the Australian Financial Review (AFR).

Take a look at the link below from today’s AFR article. The forceful language suggests negotiating isn’t a possibility. This unease has been brewing for months.

https://www.afr.com/work-and-careers/workplace/maersk-ships-targeted-as-port-strikes-escalate-20210711-p588p3

and further below is an extract from another article from the AFR (2 week ago) discussing a new employment agreement, which I was flabbergasted to read.

The ramifications of prolonged union blockades aren’t to be underestimated.

Think of the effect on the import of housing materials or motor vehicles and the export of iron ore, livestock and grains, to only mention a few.

Let alone the effect on GDP or even skew the thinking behind interest rate policy.

July 12, 2021

by Rob Zdravevski

rob@karriasset.com.au