Power plant workers’ pay slashed by 30%

The 570 workers at the Loy Yang power plant in Victoria's Latrobe Valley will have their wages slashed by between 30% and 65% following a Fair Work Commission decision on January 12 to terminate an enterprise agreement.

The enterprise agreement will be scrapped from the end of January, meaning workers will revert to the minimum award rates until a new agreement can be reached.

The decision caps a bitter 15-month conflict between AGL and the Electrical Trades Union and CFMEU's Victorian mining and energy division over the terms of a new agreement.

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