As part of the Invest in Australia campaign, your union took your issues to the International Labour Organisation (ILO) meeting on the impact of the finance crisis on finance workers.

You can read more about the FSU’s plan to secure Australian finance sector jobs here:
http://www.fsunion.org.au/Campaigns/Invest-in-Australia.aspx

The imperative for the FSU was to explain to the ILO the human cost of the global financial crisis and the final outcome took into account the concerns and ideas of FSU members.

I can report to you that our key points were included in the Forum Conclusion document, which means that when the ILO attends the G20 meeting, or meets with the International Monetary Fund, or other international organisations, they’ll be putting the case advocated by Australian finance sector workers.

The ILO will be proposing at every international forum that consultation with workers and their unions must take place to mitigate the effects of the financial crisis and attempt to find solutions. And that every effort is made to explore alternatives to redundancy, and a commitment to skills-enhancement, retraining and redeployment is made by finance sector employers across the globe.

The inclusion of these points vindicates the members of this union who have long advocated for such an approach, and will bolster the union’s ability to affect change in the industry locally.

The full conclusion document is available online at the ILO website. Click here to read more.