ANZ National members reluctantly accept bank offer

The ratification vote conducted over the last fortnight on ANZ National’s proposed collective employment agreement offer closed this afternoon at 3pm. 1170 (68%) voted to accept the offer and 718 (32%) to reject it. 68% of members voted in the ballot.

Feedback from union councillors who ran many of the meetings around the country was that members considered the offer unfair because not everyone gets a pay rise. Hundreds of bank workers will receive a reduced pay rise or no pay rise at all because of the bank’s position on red circling.

A lot of members chose to accept the offer in order to refocus on the two critical issues of targets and staffing.

The settlement offer means there are very high expectations for the bank to really deliver on its promised review of resourcing, staffing and targets early next year. Many members noted that working parties were often used by the bank as a way of shelving or dumping issues. It is up to us to make sure this does not happen.


0 Responses to “ANZ National members reluctantly accept bank offer”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

You can contact us at:

0800 FINSEC (0800 346 732)

Creative Commons License
Join Now 0800 FINSEC

RSS LabourStart – act now to help other workers

  • An error has occurred; the feed is probably down. Try again later.

Finsec Photos



%d bloggers like this: