DP World’s 23pc pay deal ‘will cost consumers’

Prices for imported goods are expected to rise after stevedore DP World ended months of industrial action by agreeing to a 23 per cent pay rise over four years, one of the most generous agreements under the Labor government.

The deal comes on the same day DP World started charging up to 52 per cent more to move a container, with a backlog of more than 50,000 containers still to be cleared.