Workers at Arnott’s, makers of Tim Tams and Iced VoVos, have gone on strike in Adelaide over stagnant wages — just 2.5% annual increases over four years, barely keeping up with soaring living costs. Despite a new 9.5% offer spread over two years, 95% rejected it. The union demands more to reflect workers’ value and current economic realities. Owned now by private equity firm KKR, Arnott’s says it’s committed to fair negotiations but disappointed by the walkout. This dispute marks a tense modern chapter for a brand with roots dating back to the 1800s — once a humble bakery, now a household name facing pressure from both history and today’s financial squeeze.
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