Issue No.18 of 2009
Thursday 27 August

Equal Pay Day – 1 September, 2009

Prepare your daugther for working life: Pay her less pocket money than your son.

In 2008 the Equal Opportunity for Women in the Workplace Agency (EOWA) initiated an Equal Pay Day campaign in Australia for the first time. In 2009, Equal Pay Day will take place on 1 September. This date illustrates the number of extra days many women have to work after the end of the financial year to earn the same as men.

Earnings figures released in August put average female pay at 82% of the male average, the lowest proportion in 21 years.

In the Finance sector, the situation for women is worse, with average female pay at 72% of the male average.

Ironically, this huge wage gap exists in one of Australia’s wealthiest and most profitable industries.

The Australia Institute report on The Impact of the Recession on Women contains more worrying news. Women comprise up to 80% of the hidden unemployed in key age groups, are more likely to be engaged in part time work, and have smaller superannuation balances due to lower incomes and broken working lives.

Business needs to do more to promote good jobs for women. Women need good quality jobs, better pay and greater career opportunities.

Australian women deserve better.

 Click here to read more

 Have Your Say: Send your message to the Minister for the Status of Women, Hon. Tanya Plibersek MP

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CBA members fight back against lack of consultation – and win! 

A group of FSU Reps from CBA Branches on the Central Coast of NSW conducted a successful campaign, after 50 staff faced immediate transfer and for some, cuts to hours and pay. As a result of the Reps campaign, transfers were rescinded and original hours and pay restored.

 Click here to read how they did it

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FSU Submission to ASIC: Training and competence for credit licensees 

The FSU has made a submission to ASIC’s proposals for the training and competence of credit licensees, calling for consistent minimum standards across the industry, prescribed nationally recognised qualifications, and provision of training to all representatives of a credit licensee, not just key personnel.

The submission also points out the current issues of understaffing and lack of access training, and calls for the provision of education and training to be totally funded by the employer.

 Read the full submission here

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FSU on the 7.30 Report – Unemployment rates stabilise at a difficult cost 

For those who missed it, the FSU and the ACTU appeared on the 7.30 Report last week discussing underemployment. Read the transcript and watch the video online here:

 Read the transcript and watch the video online here

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Authorised by FSU National Secretary Leon Carter