ELECTRICITY PRIVATISATION UPDATE: 5 YEARS EMPLOYMENT PROTECTIONS
Thursday, 04 June 2015 13:52 | 
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Today it was announced that the Government has been successful in getting the privatisation agenda through the NSW Parliament. Your unions fought hard against this process and lobbied cross bench members in the last few days to ensure that employees would have some protections.
On the face of the legislation it would seem we have made ground on the following areas:
Additionally the legislation speaks of core numbers within your organisation:
These numbers are based on the current AER determination figures and may change if the AER determination is amended.
The above protections and entitlements are currently being reviewed by the USU and our solicitors to enable us to understand the full impacts on employees.
The Independent Pricing and Regulatory Tribunal (IPART) will be responsible for enforcing these provisions and will be able to fine any employer that does not comply with its directions. Unions will also be able to take companies to court if they do not follow the provisions.
The unions did not get all the protections we sought however lobbying the cross benches managed to get employee protections where there were none.
We will keep you updated when we have had more time to analyse the effect of the change.
The above protections and entitlements are currently being reviewed by the USU and our solicitors to enable us to understand the full impacts on employees.
The Independent Pricing and Regulatory Tribunal (IPART) will be responsible for enforcing these provisions and will be able to fine any employer that does not comply with its directions. Unions will also be able to take companies to court if they do not follow the provisions.
The unions did not get all the protections we sought however lobbying the cross benches managed to get employee protections where there were none.
We will keep you updated when we have had more time to analyse the effect of the change.
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