Countdown deal a stepping stone to a fair pay agreement for supermarkets

Countdown deal a stepping stone to a fair pay agreement for supermarkets
The collective agreement would offer wage increases of around 12% and a living wage of $23.65 an hour. (Image: NZME)
Jem Traylen
A new national collective agreement for 18,000 Countdown workers is being hailed as the first step towards a fair pay agreement for all supermarkets.The ratification process is still under way, but First Union spokesperson Ben Peterson told BusinessDesk the vote is clearly in support of the deal offered by employers.The deal for a two-year collective agreement would see wage increases of around 12%, a starting living wage of $23.65 an hour, better sick leave and pandemic leave, and a commitment to working collaboratively on urgent security and...

More Retail

The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Serato and AlphaTheta have abandoned deal
Retail

Serato and AlphaTheta have abandoned deal

The CMA said it has received written assurances from the parties. 

Rebecca Howard 24 Jul 2024
Warehouse share trading complaint filed
Retail

Warehouse share trading complaint filed

The Warehouse had confirmed a buyout proposal had been lodged.

Gregor Thompson 24 Jul 2024
Stephen Tindall supports Warehouse takeover offer
Retail

Stephen Tindall supports Warehouse takeover offer

Bid from Australian private equity firm values shares at between $1.50 and $1.70.