Any "CONCESSION" (euphemism) =
PAY CUT will be utilized as management see fit.
They have demonstrated repeatedly (see Bruce Buchanan "
400 aircraft in Asia by 2020" and
Gareth Evans Asia is the new land of opportunity, paraphrasing his argument "we would be fools to miss it") that they see the future in Asia, not Australia. They are moving this business off-shore.
Any
PAY CUT (not freeze,
CUT)
will simply be a way to continue to fund this process. Quite literally, Domestic in particular is a ca$h cow to be milked, its value extracted funding the Asian expansion.
This has all been very carefully stage managed over the last couple of years in order to provide the justification for an outcome that had already been predetermined, presented as a
fait accompli. There is a plan behind the scenes, an agenda and it involves a much smaller future in Australia.
I offer no proof, except their own statements. However,
they have offered no proof either, hiding behind secrecy and tricky "segment accounting" with a "trust us". Show us the proof.
Demand from your union a
full & unfettered opening of the books prior to
PAY CUT negotiations.