Excessive wages threaten Australia’s offshore oil, gas industry - Deloitte

SYDNEY – A new Deloitte Access Economics report into the economic pressures in Australia’s offshore oil and gas marine support sector has found increasing labour and operating costs, productivity issues and macro-economic challenges have significantly impacted the industry’s international competitiveness. The report provides critical economic context for the current round of enterprise bargaining agreement (EBA) negotiations that will set wages and conditions for vessels servicing Australia’s offshore resource industry for four years.