AUSTRALIAN STRIKE
£lOO,OOO Loss To Companies
(N.Z.P.A.-1
SYDNEY, May 10
The 24-hcrur strike by 14,000 Australian waterside workers, in five ports, directly cost shipping companies £AIOO.OOO, the State secretary of the Australian Ship Owners’ Association, Mr J S Cockle, said today. Mr Cockle said the losses by the wharf stoppage, and a strike by 950 waterfront tally clerks today, also caused many hidden losses to shippers. transport firms, and the Australian economy generally. The strikes were causing ships to leave Sydney for other ports without finishing their loading.-
The striking watersiders themselves, lost about £AIOO.OOO in ordinary pay and overtime penalty rates, he added.
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Press, Volume C, Issue 29511, 12 May 1961, Page 20
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104AUSTRALIAN STRIKE Press, Volume C, Issue 29511, 12 May 1961, Page 20
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