The Fair Work Commission (FWC) has today determined that the decision to terminate the Loy Yang Enterprise Agreement is to stand, following an appeal by the CFMEU.

As a result, effective immediately, the Loy Yang Enterprise Agreement 2012 has been terminated.

AGL has already committed to extending its undertaking to maintain key employee entitlements to three years, or until a new agreement or workplace determination comes into operation.

AGL Loy Yang General Manager, Steve Rieniets, said this is to provide more certainty and stability to our people currently covered by the agreement.

“This means that things like wages and classification rates, hours of work, allowances, leave provisions and superannuation entitlements will remain unchanged.

“Our goal is still to negotiate a new agreement and we will continue to meet with bargaining representatives to achieve that.

“We are seeking an agreement that balances the long-term interests of the AGL Loy Yang business, its employees, the community, and electricity customers, as we want to make sure

AGL Loy Yang continues to operate productively well into the future,” said Mr Rieniets.

AGL has been negotiating with the unions at Loy Yang for more than 18 months. The current situation is the result of union members working at AGL’s Loy Yang twice rejecting the preservation of work benefits and generous pay rises of more than 20 percent.

About AGL

AGL is one of Australia’s leading integrated energy companies. It is taking action to responsibly reduce its greenhouse gas emissions while providing secure and affordable energy to its customers. Drawing on over 175 years of experience, AGL serves its customers throughout eastern Australia with meeting their energy requirements, including gas, electricity, solar PV and related products and services. AGL has a diverse power generation portfolio including base, peaking and intermediate generation plants, spread across traditional thermal generation as well as renewable sources including hydro, wind, solar, landfill gas and biomass.