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GMH wage payment condemned



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4. λττ«Ï„« Δτ.τλ— AND INDUSTRIAL RELATIONS ' ' THE HON. TONY STREET, M.P

GMH WAGE PAYMENT CONDEMNED

The payment by General Motors-Holden's of wage claims outside the indexation

guidelines is bad enough. To do it in direct repudiation of the country's major

wage-determining Tribunal is a blatant example of putting self-interest before

responsibility.

Mr Street made this statement today after details were released of a private settlement

on wage rates outside the Indexation guidelines by General Motors-Holden's.

There are proper procedures and a respected institution, in this instance the

Conciliation and Arbitration Commission, set up for the very purpose of determining

wage rates in this country. The Government expects the Trade Union movement to

abide by the Commission's decisions. It expects nothing less responsible from

employers.

The Government further believes that foreign management of a wholly foreign-owned

company should demonstrate a special sensitivity to the policies and problems of its

host country. These have been ignored on this occasion. In fact the actions of GMH

will be detrimental to the economic prospects of Australia.

The Government will be examining what measures are available to it in the light of the GMH decision.

CANBERRA

25 March 1976

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