Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Threat of refinery strike averted by further talks

Threat of refinery strike averted by further facilitated talks

By Fiona Rotherham

Sept. 29 (BusinessDesk) - Threatened strike action at New Zealand Refining, the country's only oil refinery, has been averted.

The NZ Refining Company said that the First Union and NZ Engineering, Printing and Manufacturing unions had today agreed to withdraw the notice of a proposed two-day strike next month and will seek a vote from members to agree to not issue any further such notice during the next five weeks.

The two sides will instead go before the Employment Relations Authority for facilitative bargaining under the Employment Relations Act. Talks before a mediator last Friday failed to resolve the outstanding issues and facilitative bargaining involves both sides submitting what they've agreed on and what they are still in dispute over. No date has yet been set to go before the ERA but both sides said they wanted to resolve the matter within the next four weeks.

The company had said the proposed strike on Oct. 7 and 8 would require it to shut down processing units at the Marsden Point refinery, and given restart times, could have resulted in 11 days of disruption. Oil companies had forged ahead with a contingency plan last week to import more fuels into the country to minimise disruption as they couldn't risk waiting to see if the industrial action went ahead or not. The main problem would have been jet fuel as the Northland refinery produces all the country's jet fuel and Auckland Airport holds only three days worth of stock.

The union action centred around company plans to contract out more work and the number of consecutive days workers were required to be on the job. There had been no industrial action at the refinery since the mid 1980s though notice has been served many times over the years. The unions are required to give 14 days notice of strike act under the Essential Services Act.

Shares of NZ Refining rose 1.3 percent to $1.62.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>


Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>


RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>


ScoopPro: Helping PR Professionals Get More Out Of Scoop has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>