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CBUS - Union meeting to hear bargaining progress…

All Finance Sector Union members are urged to attend a members’ meeting at 9.30 in the Level 27 lunchroom on Tuesday 12 September, to hear a report from union negotiators on enterprise bargaining negotiations.

As reported to the members’ meeting on 25 July, management’s pay offer for each year of a three year agreement is as follows:

  • CPI for previous March to March year as calculated by ABS plus an additional 0.5%, PLUS
  • A minimum of 1% if CBUS reaches its business objectives (as defined).

For 2017 for example, this would mean 2.1% plus 0.5% plus 1.0% for a total of 3.6% payable from 1 July.

Following further meetings since the above July date, further details can now be provided to answer questions about the operation of this formula.

Please put the meeting in your diary now.

Members outside Victoria contact Geoff Barbour for dial in details.

In the meantime, any questions can be directed to the FSU Member Rights Centre at 1300 366 378.

Authorised By: Julia Angrisano, National Secretary


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