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Showing 1 - 10 of 62 results for "Finance Sector Union"

UniSuper outage continues, no cause identified

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
... the next payment scheduled for May 15 and due in accounts by May 17. UniSuper has been criticised by the Finance Sector Union (FSU), which admonished the fund for announcing it would outsource certain functions to Capgemini and then allegedly calling ...

UniSuper battles major system outage

JAMIE WILLIAMSON  |  FRIDAY, 3 MAY 2024
... should take their super elsewhere. However, it isn't just members that are impacted. According to the Finance Sector Union (FSU), the fund has had trouble paying its staff accurately, if at all, as payroll systems are affected. In response, UniSuper ...

ANZ gets green light for Suncorp merger

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... significantly strengthened through dedicated investment as a pureplay insurance company," Johnston said. The Finance Sector Union (FSU) said it opposes the takeover. "The continual erosion of competition is bad for consumers and bad for jobs," FSU national ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
... in wage theft which led to $16 million in underpayments to over 7400 workers. The case emerged after the Finance Sector Union (FSU) uncovered the bank's systematic underpayments through individual flexibility arrangements (IFAs), which compensated ...

Calls for paid menopause leave gather momentum

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
Aware Super will now offer employees paid menopause leave, as the Finance Sector Union (FSU) launches an industry-wide survey on the impact of menopause and menstruation in the workplace in tandem with World Menopause Day. The Australian Institute of ...

Former advisers costs CBA $1.2bn in remediation

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... share in fully franked dividends, up 17% year on year. The bank's massive profit has drawn the ire of the Finance Sector Union, which argues that on the back of the results, there should be no reason for it to continue to close branches, offshore jobs ...

CBA staff head to Fair Work over WFH policy

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
The Finance Sector Union will front the Fair Work Commission on behalf of Commonwealth Bank staff, fighting the banking giant's mandate that staff be in the office 50% of the time. At the end of May, CBA told staff that they would be required to work ...

BlackRock orders staff four days in office

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
... always have been, but we have also got to make sure our people are trained and developed well," he said. The Finance Sector Union slammed NAB and Westpac during the throes of the pandemic for their poor work from home policies, putting employees' health ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... understand real-world wage-setting systems and the relationship between wages, unemployment and inflation." The Finance Sector Union (FSU) also welcomed the appointments. "In particular, we note the review finding that the hierarchical culture at the ...

Could a four-day workweek save the day?

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... extended to critical workforces, many of which are in the public sector. Turning to white-collar industries, the Finance Sector Union (FSU) is currently lobbying Australian Retirement Trust (ART) to adopt a four-day work week. FSU national secretary ...
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