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Showing 41 - 50 of 105 results for %22Finance Sector Union of Australia%22

Labor, FSU call for Royal Commission

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
... the Commonwealth Bank reinforces an urgent need for a banking Royal Commission, according to Labor and the Finance Sector Union of Australia. If there are doubts about the need for a Royal Commission a year ago, there can be no doubts today, FSU national ...

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
... accounts to Hong Kong. Four other accounts were filled with the Federal Court, detailing similar activity. The Finance Sector Union of Australia has used the opportunity to call on Prime Minister Turnbull to initiate a banking Royal Commission, noting ...

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... when purchasing wealth products should be broadened to retail banking consumers as well, according to the Finance Sector Union. Speaking at yesterday's Senate inquiry into consumer protection in the banking, insurance and financial sector, FSU national ...

FSU calls out NAB for lack of standards

JAMIE WILLIAMSON  |  TUESDAY, 20 JUN 2017
... 31 May 2017 should not be included in the new conduct background check protocol. That is the view of the Finance Sector Union of Australia which is calling on NAB chief executive Andrew Thorburn to take responsibility for the bank's systemic and cultural ...

Finance Sector Union appoints former NSW Premier

ALEX BURKE  |  FRIDAY, 12 MAY 2017
The Finance Sector Union is welcoming a former New South Wales Premier as its deputy leader. Nathan Rees, who served as NSW Premier from September 2008 to December 2009, before being deposed by Kristina Keneally, contrasted himself with other former ...

Unconscionable super cross-selling will continue: ISA

KARREN VERGARA  |  THURSDAY, 20 APR 2017
... mandatory savings system central to Australia's long-term economic and social prosperity," he said. Meanwhile the Finance Sector Union of Australia welcomed most of the recommendations, but said the review limited itself to examining the bottom three ...

CBA reviews part-time staff earnings

JAMIE WILLIAMSON  |  FRIDAY, 3 MAR 2017
... over the past eight years to determine if any are owed unpaid superannuation entitlements. Last week the Finance Sector Union claimed CBA failed to pay part-time staff members the full 9.5% superannuation guarantee entitlements since 2009, saying those ...

CBA caught out on unpaid super

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2017
CBA could be forced to back pay millions in unpaid superannuation to at least 7000 employees. The Finance Sector Union of Australia has revealed the bank has failed to pay part-time staff members their full 9.5% superannuation guarantee entitlements ...

Government shelves ASIC register sale

ALEX BURKE  |  WEDNESDAY, 21 DEC 2016
The Federal Government has unexpectedly terminated its sale of ASIC's registry. In a statement, Minister for Finance Mathias Cormann said that following a thorough evaluation of various private sector bids for the register, the process was cancelled. ...

Turnbull putting industry fund governance back on the table

ALEX BURKE  |  WEDNESDAY, 14 DEC 2016
... to modify the structure of industry fund boards, with chief executive David Whiteley saying that "importing the finance sector norms to the boardroom will undermine the member-first culture that has been a hallmark of the equal representation model." ...