Tiwai Point workers cut $20 mln deal with smelter owners over backpay

Mon, 18 Jul 2016

By Paul McBeth July 18 (BusinessDesk) - The union representing workers at the Tiwai Point aluminium smelter and New Zealand Aluminium Smelters have reached a settlement of more than $20 million for years of underpayments. Some 450 current and former employees will share the settlement, the E Tu union said in a statement. E Tu and NZAS met last week to reach a deal, after the smelter owner's battle through the courts was turned down by the Supreme Court in April when it rejected an application to challenge a High Court ruling. The dis...

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