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Westpac Takeover of St George


The news that Westpac and St.George are in takeover talks is a rude awakening for employees and consumers alike.

A takeover, if allowed to proceed, would see thousands of jobs placed under threat as the new entity looks to leverage savings through eradicating duplication. Ultimately cost savings are made by cutting staff, branch closures and rationalisation of back office services.

What can you do? 
Join the FSU No takeovers group in NSW/ACT.
If you work in the finance sector, join the FSU 

Stop the Takeover Petition. Sign up today!


Post your comments on the FSU online forum.

Please take the time to complete our mini-survey.


CAMPAIGN RESOURCES

   
  Writing a letter to the editor  |  Where to send it

     Contact your local MP: NSW/ACT | VIC/TAS | QLD | SA/NT | WA

 Download St George Campaign Kit   Download Bank SA Campaign Kit  

 Download the Save the Dragon Poster   Q&A for Westpac Staff

Latest articles
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Click on the game for more information about how you can take action to Save St George.

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If you hold shares in St George we need your support. The FSU is opposing the proposed takeover of St George by Westpac in a fight for jobs, conditions and the future of Australia’s banking industry. It’s time to make your...

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Westpac’s proposed takeover of rival bank St George would trigger a wave of bank takeovers and lead to fewer choices for Australian borrowers, an inquiry into competition in the banking and non-banking sector will hear in Sydney...

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Attention all St George Shareholders Tuesday, 9 September 2008

Dear FSU Member,  As a St George/Bank SA employee you might also have shares in the company and we are seeking your support to oppose the takeover by Westpac.  The Finance Sector Union is opposing Westpac’s merger plan because...

Read More...     Section 249P Statement

The FSU has made a second submission in response to the ACCC Statement of Issues on the proposed merger of Westpac and St George. Click here to read the submission .

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BankSA: Secure your conditions Wednesday, 16 July 2008

Help Save BankSA! A recent email by BankSA Management has caused some people to think that the BankSA / St George Enterprise Agreement will remain in place until at least 2010, no matter what. Fact: If the merger goes ahead Westpac will...

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Save the Dragon Update - No.2 Wednesday, 2 July 2008

The campaign to save St George Bank from the Westpac takeover continues apace with thousands of people signing the No takeover petition, Westpac doing an advertising blitz and rumours that the St George Board are getting cold feet about the deal. ...

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Save BankSA Update - No.2 Wednesday, 2 July 2008

The campaign to save BankSA from the Westpac takeover continues apace with thousands of people signing the No takeover petition, Westpac doing an advertising blitz and rumours that the St George Board are getting cold feet about the deal. ...

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 Download Download and print out the Stop the Takeover Petition here  and pass it around your friends, family and other networks - we are aiming for 5,000 signatures, so all the signatures help.   Online ...

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FSU submission delivered to ACCC Wednesday, 25 June 2008

Click here to read the FSU's submission to the Australian Competition and Consumer Commission on the proposed merger of Westpac and St George Bank.

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