Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 641 - 650 of 1237 results for "Union"

NAB workers demand profit share after 1172 job cuts

JAMES FERNYHOUGH  |  FRIDAY, 1 NOV 2013
... shareholders a dividend of 97 cents per share. But employees are not seeing the returns, according to the Financial Services Union (FSU). The FSU is currently in negotiations with NAB for a new pay and conditions agreement for employees, but said NAB's ...

Market Wrap AM

AAP  |  FRIDAY, 1 NOV 2013
... 17-country currency area hit a record 12.2 per cent in September, with about 19.5 million people classed as jobless by European Union data agency Eurostat. In economic news on Friday, Reserve Bank of Australia (RBA) will release the index of commodity ...

ISA appoints former cabinet minister to advisory role

MARK SMITH  |  MONDAY, 28 OCT 2013
Industry Super Australia (ISA) has appointed the Hon Greg Combet AM to an advisory role for the next year. Combet served as a Cabinet Minister in the former Federal Government and is a former Secretary of the Australian Council of Trade Unions. As principal ...

Chifley Super to merge with Sunsuper

MARK SMITH  |  THURSDAY, 10 OCT 2013
... Unions NSW under the sponsorship of the national office, greater NSW branch and Victorian branch of the Australian Workers Union and the NSW branch of the Electrical Trades Union. Chifley Super chairman John Byrne told Financial Standard that the regulatory ...

Over 1 million customers breakup with banks

LAURA MILLAN  |  TUESDAY, 24 SEP 2013
... Single Source survey found. Also, 18,000 people stopped dealing with a building society, 65,000 stopped dealing with a credit union and 140,000 with some other financial institution. High fees and charges, poor service and poor interest rates are among ...

FSU considering options after NAB snub

MARK SMITH  |  WEDNESDAY, 18 SEP 2013
National Australia Bank (NAB) failed to meet a deadline with the Financial Sector Union (FSU) to clarify whether sacked employees would be entitled to their Short Term Incentives [STIs] and now faces further action from the union. The Financial Sector ...

John Hewson calls for overhaul of superannuation system

MARK SMITH  |  TUESDAY, 17 SEP 2013
... rethink on the entire system. "Superannuation's a mess. We need a thorough review of asset management, asset managers and union-controlled super," he says. "The Labor party has done particularly well out of getting control of the super part of the industry ...

NAB delays staff salary increases

LAURA MILLAN  |  FRIDAY, 13 SEP 2013
... recently agreed to improve employees' working conditions, National Australia Bank's (NAB's) answer to the Financial Services Union (FSU) demands was "mean and disappointing." The FSU said that NAB offered the union "the lowest pay offer among the big ...

Thousands of finance workers face axe: FSU

ALICE URIBE  |  FRIDAY, 30 AUG 2013
... be at risk in the financial services industry, despite the sector being in strong shape according to the Finance Sector Union of Australia (FSU). The media and communications manager at the FSU Leanne Shingles said that last year over 4,000 jobs were ...

NAB denies "new" offshoring program in face of job loss figures

ALICE URIBE  |  THURSDAY, 29 AUG 2013
National Australia Bank (NAB) has denied that it has a "new" offshoring program, despite a Finance Sector Union of Australia (FSU) tally stating that 133 jobs had been offshored this year. According to an FSU tally NAB has axed 571 staff, as the bank ...