A tale of two negotiations…..

Finsec members at Westpac have voted to ratify the deal from negotiations this year that will see all members get a pay increase, additional leave, and no claw backs to conditions.

Union Council Chair Maxine Mullen said that while the settlement does not resolve all the issues members raised in bargaining, it is a far cry from the initial position where no pay increase was on the table.  “This outcome shows what Finsec members achieve by working together for a fairer deal. At this stage non-members have not been made this offer and the bank has said they will follow the law in making an offer to non-members. We think this means they can’t offer them what Finsec members have negotiated.”

Meanwhile, Finsec members at ANZ National are launching a public campaign to convince the bank to change their offer. ANZ National is proposing to cut pay scales for new staff and is doing nothing on key issues like staffing, targets and offshoring.

This campaign includes a national day of action next Friday 3 September. Watch this space!


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