A Tale of Two Negotiations

Collective agreement negotiations with ANZ National and with Sovereign, a story with all the classic ingredients for a good yarn – conflict, money, even surprisingly enough, a love story. At this point, it seems that sadly only one of these negotiations is ready for a happy ending.

The romance aspect of this story is due to a husband and wife duo of Finsec bargaining team members – Carl Macken from Sovereign and Nola Macken from ANZ National. In both sets of negotiations, the employer started with pay offers of 4%. However, in the second round of negotiations Sovereign moved their offer to 4.3%, which Finsec members will be voting on shortly. ANZ National have yet to move their offer.

Nola Macken says it’s unfortunate that ANZ National have not listened to staff yet, unlike her husband’s employer. “Both taking part in negotiations has definitely introduced an element of competition in our house. All’s fair in love and war!” she says. “But we are in agreement that ANZ National should follow Sovereign’s lead and come up with a fairer offer.”

We’ll always have bargaining

Paid union meetings for ANZ National staff to vote on the bank’s 4% offer continue next week, as do meetings for Westpac staff to vote on their 5% deal.


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