Yesterday at ANZ’s annual general meeting, we called on ANZ shareholders to hold the board and CEO accountable for their treatment of ANZ and Suncorp Bank workers.
Why? Because we believe ANZ has not met its obligations to identify psychosocial hazards or implement adequate control measures to eliminate or mitigate these risks, following the decision to cut 3500 jobs from across the bank.
At the AGM, we also put some important questions of our own to Chairman and CEO Nuno Matos. Specifically, we called out ANZ’s despicable behaviour in front of shareholders, emphasising the severe psychological impacts these cuts – and the way they have been mismanaged – are having on workers. These impacts are detailed in our new report, which we presented to shareholders.
According to our recent ANZ survey:
ANZ management’s behaviour is causing real harm to employees. That’s why we recently also called for an urgent health and safety investigation by WHS state-based regulators into ANZ’s reckless cuts. The time has come for our regulators to step in and hold ANZ to account.
We’ll keep you updated as we receive more information.
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