Latest news

We said yes! Westpac members win improvements to our new EA

Westpac staff have voted in favour of our new Westpac Enterprise Agreement (EA), with an overwhelming 87% voting Yes.

Congratulations to every FSU member for achieving real improvements to our work conditions. This result was only possible because we stood together. 

Together, we have significantly improved pay at Westpac and delivered several key improvements to conditions.

These include: 

  • A pay increase of 12.5% for tier 1 and 9% for tier 2 colleagues over three years. 
  • Cultural, lifestyle and wellbeing days increased from two to four days per year.  
  • Compassionate leave increased from three to five days per occasion. 
  • New five days family pathways leave to support employees in attending appointments related to fertility treatment, surrogacy, adoption and foster care.

 

Next steps 

The Agreement will now be submitted to the Fair Work Commission for final approval. Once approved, our EA will commence.

These improvements demonstrate what we can achieve when we work together and ensure our voices are heard!

To continue securing positive outcomes in the future, we must keep our union strong and active across Westpac – if you’re not yet an FSU member, now is the time to join!

If you’re already a member, encourage a colleague to join the team that’s winning for you today.

Related content

BECOME AN FSU MEMBER TODAY.

When you join the FSU, you get access to expert workplace support whenever you need it. From pay and conditions to restructures and workplace disputes, we help you understand your rights. You'll receive representation where it’s needed and access to exclusive member benefits that add value beyond the workplace. If something isn’t right, or you simply want clarity about your options, you don’t have to navigate it alone.
Proudly supported by:
The Finance Sector Union respectfully acknowledges the Traditional Owners of the land on which we live and work, and pay respect to First Nations Peoples and their Elders, past and present.
Authorised by Julia Angrisano, Finance Sector Union of Australia, Level 13, 380 La Trobe Street, Melbourne, VIC 3000.
Copyright © 2026 Finance Sector Union (FSU). All rights reserved.