Australia has arcane union practices, ‘needs a dose of Thatcher, Fletcher’s Adamson says

Wed, 21 Aug 2013

By Jonathan Underhill Aug. 21 (BusinessDesk) – Australia has old-fashioned union arrangements and needs “a dose of Margaret Thatcher,” says Mark Adamson, the British chief executive of Fletcher Building. On a media call following the release of Fletcher’s annual profit, Adamson said he had been “amazed” at both the level of salaries and inefficiencies in Australia. He took the top job at Fletcher last October, having run the company’s Laminex & Panels division, based in the US. “I do come across unions and union arrangements the likes of wh...

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