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What will be the outcome of the collective agreement negotiations between Rio Tinto and the unions in the Pilbara region by end of 2024?
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Resolution / Starting Odds
Agreement reached with wage increase • 25%
Agreement reached without wage increase • 25%
No agreement reached • 25%
Negotiations ongoing • 25%
Official announcements from Rio Tinto or the unions, news articles from reputable sources
Story
Australian Unions Push BHP for First Pilbara Agreement in a Decade
Aug 12, 2024, 12:30 PM
Unions in Australia have leveraged federal Labor's workplace laws to compel BHP to negotiate the first union collective agreement in the Pilbara region in nearly a decade. This move has sparked accusations from employers of a productivity-sapping power grab by the unions. The unions, representing tens of thousands of workers in Australia's major iron ore hub, are also preparing to negotiate potential wage increases with major mining companies, including BHP and Rio Tinto.
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Wage agreement reached • 25%
Strike continues • 25%
Government intervention • 25%
Other outcome • 25%
Pay increase agreed • 25%
Pay freeze maintained • 25%
New negotiations scheduled • 25%
Other • 25%
Agreement reached with current terms • 25%
Agreement reached with improved terms for workers • 25%
No agreement reached, strike continues • 25%
Other outcome • 25%
Favorable to CN • 25%
Favorable to CPKC • 25%
Favorable to Teamsters • 25%
Compromise • 25%
Boeing agrees to 40% wage increase • 25%
Boeing agrees to 30% wage increase • 25%
Boeing agrees to a wage increase between 30% and 40% • 25%
No agreement reached by end of 2024 • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Rejected • 25%
No decision by end of 2024 • 25%
Direct negotiation • 25%
Mediation • 25%
Arbitration • 25%
Other method • 25%
Wage increase • 25%
No change in wages • 25%
Improved working conditions • 25%
Other • 25%
Contract approved as proposed • 25%
Contract rejected and renegotiated • 25%
Contract rejected and strike continues • 25%
Other • 25%