Global Day of Action July 17

Date: 16 July 2008

Unionists will join a global day of protest on Thursday against private equity firms they say exploit workers.

On July 17, in cities from New York to Bangalore to Paris, union members and activists from 25 countries are taking aim at the special perks and tax loopholes that private equity buyout firms depend on to get rich.

The Liquor, Hospitality and Miscellaneous Union (LHMU) says its members will take part in various actions across the nation as part of international Take Back the Economy demonstrations.

The LHMU will target Australian companies associated with private equity firm Kohlberg Kravis Roberts & Co (KKR), such as Toys R Us, Nuvox Communications and the Seven Media Group.

LHMU assistant national secretary Tim Ferrari said his union supported demands outlined by the Service Employees International Union calling for private equity firms like KKR to be more accountable and responsible.

"The LHMU believes that good corporate practice will not only improve the conditions of millions of workers but also help strengthen economies and protect the environment."

Find the protest closest to you

Brisbane: Nielsen Media, Level 1, 490 Adelaide Street, Brisbane, Queensland. 7.30am to 8.30am.

Sydney: Seven Media Group, 38-42 Pirrama Rd, Pyrmont, New South Wales. 8.30am.

Canberra: Toys R Us, Westfield Shoppingtown, Benjamin Way, Belconnen, Australian Capital Territory. 12.30pm.

Adelaide: Toys R Us, Renaissance Centre, Rundle Mall, Adelaide, South Australia. 12noon - 2pm.

Perth: Toys R Us, The Gateway 60 Russell Road, Morley, Western Australia. 3pm.

For further information

Contact:	Bronwyn Ridgway
Union:	LHMU
Contact Mobile:	0425 242 691.
WWW:	http://www.july17action.org/

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