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Offshoring Watch


Is your bank offshoring jobs?

The FSU calls on banks and the government to protect our personal data and the thousands of Australian jobs at risk from offshoring.

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FSU Offshoring Policy      


To see if your bank is sending your personal information offshore visit bankcheck.net.au

Latest Articles
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In FSU’s new radio ad, finance workers battling to protect their jobs against offshoring take aim at politicians who provide taxpayer support to banks. The union is tired of politicians watching as companies rolling in billions in profit...

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Offshoring at ANZ Friday, 13 March 2009

Media reports today suggest ANZ will offshore 500 jobs to India in the next six months. The FSU has been in touch with the bank, who won’t confirm this number and have not provided specific details. The union will continue to press for...

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850,000 service sector jobs face the chop as new economic modelling projects the biggest expatriation of Australian jobs in our history, according to the most comprehensive analysis of Australian labour market trends ever undertaken. The Services...

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The Federal Government needs to review all bank licensing arrangements to ensure that Australia’s major banks maintain back office jobs in the country, the Finance Sector Union said today. The call follows revelations that Westpac...

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Australia Day protest at St George Thursday, 7 February 2008

FSU members at St George’s Kogarah Head Office did something in the national interest leading up to Australia Day – registering their protest against the offshoring of jobs to India. St George is currently undertaking a review of...

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NAB has told 93 staff in its Payroll, People and Positions and People Advisory Centre (PAC) area that the results of the recent Project Galaxy review will see their jobs disappear in favour of cheaper labour in India. Payroll, P and P (staff...

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Westpac announced last week that jobs in People and Performance will be offshored from Kent Street in Sydney with more jobs in P&P to go. The 10 positions cut are in Learning and Logistics that is responsible for eAcademy. This means that...

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Westpac Cuts 93 Jobs in September Wednesday, 3 October 2007

  Last week Westpac announced that it intends to offshore 68 positions from the BT Bedford Park site in Adelaide. Added to the 25 positions announced to be offshored from the Concord Operational Centre in NSW on 12 September, this means...

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The Bank claims that to remain competitive there is a need to identify facets of the workflow that could either be automated, reengineered, centralised, outsourced, or off-shored to Bangalore. At this stage ANZ has not been able to provide any...

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What?s been achieved so far? ? Proper discussion regarding the changes has taken place with regular meetings between FSU Reps from Collections and St George Management ? Greater clarity regarding transition timetable is now being provided. (see...

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