Tiwai Point smelter faces multi-million dollar back pay bill after losing appeal

Tiwai Point smelter faces multi-million dollar back pay bill after losing appeal
Pattrick Smellie
By Pattrick Smellie Feb. 22 (BusinessDesk) - New Zealand Aluminium Smelters, operator of the Tiwai Point smelter, has lost its Court of Appeal bid to overturn an Employment Court decision on payment for statutory holidays that fell on a weekend which it has said could cost $20 million in back pay and impose new costs into the future. The Court of Appeal agreed that the relevant employment law doesn't require payment for unworked statutory holidays that fall on a weekend, but that the collective agreement between the smelter and its E Tu u...