IMPORTANT MEMBERS NOTICE – BDCG Bargaining Authority

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Dear Kalamia Members,

IMPORTANT – BDCG Bargaining Authority

On the basis of additional advice received yesterday from the BDCG solicitor, I advise that members who have signed a Wilmar contract are not able to nominate a Bargaining Representative to support BDCG in Arbitration..

This is because it has now been interpreted that the determination by the Arbitrator has the effect of binding the parties to that determination and does not actually require the separate signing by growers of the contract for it to have effect.

Consequently if you had already signed a Wilmar contract and a BDCG Bargaining authority this would mean you were being bound to both contracts which clearly cannot happen.

This is quite different from how the contract was formed in the past where the grower was only bound after signing the form of agreement that had been negotiated by the collective.

IF YOU HAVE SIGNED A WILMAR CONTRACT AND ALSO GIVEN KALAMIA THE BDCG BARGAINING AUTHORITY PLEASE CONTACT ME SO I CAN SEND THE BARGAINING AUTHORITY BACK TO YOU.

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Thursday, 20 October 2016

The October 2016 contract settled at:

22.68 US c/b

The Australian Dollar currently trades at:

76.94 US cents.

Forward indicative prices in Australian dollars are:

$649 for 2016 season

$592 for 2017 season

$532 for 2018 season

$484 for 2019 season

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