Media releases

MyState Group workers say no to dud enterprise deal

Workers at recently merged Tasmanian based bank MyState, and Queensland based Auswide bank, have voted no to a workplace agreement that failed on pay and conditions, putting the pressure on management to come to the table with an offer that respects the hard work and dedication of their workforce.

Finance Sector Union National Secretary Julia Angrisano said:

“Workers at MyState and Auswide have stood up for themselves in voting down a dud deal. We’re calling on MyState management to come back to the bargaining table with an improved offer.

“There were many reasons this deal was voted down:

  •     The pay rises were insufficient and didn’t make up for cost-of-living pressures.
  •     There’s nothing on flexibility or work from home.
  •       The offer contained no additional leave or adequate increase to parental leave.
  •       There was nothing to address staffing or workload issues.

“MyState claim to be ‘the human way to bank’ and to ‘do the kind of things other banks should be doing’ yet have refused to offer workers the sort of pay and conditions that are available at other banks.

“These workers are still facing cost of living pressures that this offer did not address. Workers at NAB, Bank of Queensland and Australian Retirement Trust all voted no to offers that didn’t meet their expectations on pay – and all received pay rises when revised offers were put forward.

“The recent federal election showed the importance workers place on flexibility, especially the ability to work from home. Employers should reflect that importance of this right to workers in the offers they make. An improved offer must include clauses on flexibility and working from home.”

Media contact: David Imber – 0413 274 204

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Authorised by Julia Angrisano, Finance Sector Union of Australia, Level 13, 380 La Trobe Street, Melbourne, VIC 3000.
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