The Price Of Oil
I read in the BRW last week that Qantas has hedged 90% of its fuel costs to $70 a barrel this year and 33% of its fuel costs for 2009 to $90 a barrel, so what is the big deal over fuel costs affecting our meagre, (small in quantity, poor in quality) 5% wage claim.
When I joined this company the wage rate for licensed engineers was around 60% of a flight engineer's wage.
If you look on wagenet.com.au now,which lists every federal award in Australia, you will find that it has now decreased to less than 30% of an FEO's today.
Where is the fairness and equity in that.