The Government welcomes this outcome.
If Svitzer had been allowed to proceed with its threat it would have done significant damage to the Australian economy.
The company should be ashamed of itself for its willingness to hold the economy to ransom.
Australians can now have certainly that the goods they rely on will be in stores and on shelves through Christmas and into next year.
However, this is only a temporary solution. We urge both sides to return to the bargaining table, negotiate in good faith and get this done.
Once the Government’s Secure Jobs, Better Pay Bill passes the parliament the Fair Work Commission will have a new pathway to fully resolve intractable disputes before it ever comes to this.
That’s another reason it’s urgent we get this Bill passed quickly.