The members of both unions voted to accept what was a final offer from the employers’ group, the Engineering Construction Industry Association, to renew the National Agreement for the Engineering Construction Industry (NAECI, known as the ‘blue book’) on these terms.
With inflation at 2.2% currently and projected to remain around this level for sometime before rising towards the end of 2014, the wage increases are reasonable without being great. Thus, the increases, applied on a pro-rata...