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CFMEU to pay millions to Boral

THE CFMEU has agreed to pay millions of dollars to Boral and stop impeding its access to Melbourne construction sites.

THE CFMEU is claiming a win despite agreeing to pay up to $9 million to Boral, and the prospect of further hefty fines if the union does not end a two-year black ban.

THE union and Boral struck an agreement on Friday, after the company had gone to Victoria's Supreme Court seeking $23 million in damages for the union's blockading tactics of Melbourne job sites.

Original URL: https://www.news.com.au/finance/business/cfmeu-agrees-to-hefty-fines-in-boral-spat/news-story/d5c89a5be487d7a0b5189c9b97c03ade