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Showing 11 - 20 of 123 results for %22Finance Sector Union%22

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
... be on to strip costs and generate more profits, to create a return for shareholders." In a statement, the Finance Sector Union (FSU) said the deal endangered the jobs of Suncorp staff. FSU secretary Julia Angrisano said back-office functions would be ...

Westpac now an open book on pay

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... "There is more to do, but we're encouraged by the current conversations and willingness to engage." While the Finance Sector Union welcomed the move by Westpac, it said it has been fighting for the removal of the clauses for several years and claimed ...

BT confirms changes to super business

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... said it expects to see costs reduce in the year ahead. Having reported a net profit of $5.5 billion, the Finance Sector Union said the bank's efforts to reduce costs "means further job cuts to come". "Westpac is a highly profitable bank; they can ...

Wayne Swan to chair Cbus

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... to play a part in helping them get there." Swan was federal treasurer during the Global Financial Crisis, and was named Finance Minister of the Year in 2011 thanks to Australia's successful response to the crisis. He also acknowledged outgoing Cbus ...

Industry split on paid vaccine leave

JAMIE WILLIAMSON  |  FRIDAY, 25 JUN 2021
The Finance Sector Union is petitioning for paid vaccination leave, saying employers can help ensure the community is safe from COVID-19. So, who is and who isn't on board? The FSU is calling for two days of paid leave to be offered to employees ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... tightened in the face of further waves of infections, the eurozone economy showed encouraging strength. Although the service sector continued to be hard hit by lockdown measures, it has returned to growth as companies adjust to life with the virus and ...

Women hit hardest by pandemic

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
... roles compared to 64% of men. FSU national secretary Julia Angrisano said a greater proportion of casual workers in the finance industry are women - 67% compared to 56% in all industries. These jobs are insecure and are the first jobs to lose hours and ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... with ME Bank on board." The industry fund shareholders of ME Bank are yet to comment on the acquisition. The Finance Sector Union said that ME Bank staff have been anxious about their futures amid reports of an impending sale recently. "ME Bank employees ...

Finance sector has largest pay gap

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
... has taken the inauspicious title of being the industry with the largest gender pay gap. According to the Finance Sector Union (FSU), COVID-19 has had a disproportionate event effect on women, causing a "pink recession". "Closing the pay gap is not difficult. ...

CBA executive pay voted in

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... more closely aligning the management incentives with shareholders' experience," she said. However, the Finance Sector Union National Secretary Julia Angrisano had concerns earlier this week, highlighting that staff are being offered low pay rises ...