Latest news

Cbus: Our pay and flexibility proposal

Thank you to those who came along to our workshops last week to discuss Cbus’ Enterprise Agreement (EA) proposal.

Both our survey and these workshops showed that the biggest concerns with the Cbus proposal are:

  1. Flexibility – specifically the ability for Cbus to direct us to work in the office.
  2. Pay and term – the four-year duration of the EA presents a risk in the event that CPI increases.

Having heard your feedback on the proposal, we have put the following preliminary proposal back to Cbus – noting that it is subject to member feedback.

  1. Flexibility
    1. Flexibility arrangements will ensure that there is regular contact with the office, that work can be performed to meet the needs of your role and Fund members, and that our needs are met.
    2. There will be no Fund-wide mandate of office days.
    3. Office days will be agreed with our team leaders.
  2. Pay and term
    1. A three-year Agreement with pay increases of:
      1. Year 1: 5%
      2. Year 2: 4%
      3. Year 3: 4%

If you have any feedback on this proposal, please reply to this email and let us know by COB tomorrow, Wednesday 22 May 2024. 

 If you have any questions about the proposal or would like to discuss what it means for you and your team, contact us or your FSU organiser Phil Robinson on 0434 169 444 or [email protected].

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.