From the Australian website:
QANTAS engineers have backed down from planned industrial action, indicating they will accept a smaller increase in their wage demand.
ACTU president Sharan Burrow has asked the union to call off its four-hour stop-work meeting planned for tomorrow afternoon, which would have caused Qantas to cancel a number of domestic flights.
She said the engineers would be willing to accept a rise somewhere in between the 5 per cent they demanded and the 3 per cent Qantas had continued to offer over the previous 18 months of failed wage negotiations.
Fed Sec. SP. Remember we want 5% in our pockets before we call it off!