Not sure how or when to vote in the upcoming Suncorp Bank Enterprise Agreement ballot? Read our FAQs below – and if you’ve still got questions, send them to [email protected].
When is the ballot and how does it work?
The ballot is expected to run from Monday 11 August to Wednesday 20 August.
You’ll receive an email from CorpVote, an independent voting company, on Monday 11 August. It will contain your unique link to vote online.
The outcome will be decided by a simple majority — 50% plus one of those who vote. We encourage all Suncorp Bank employees to have their say. The result will affect everyone, but only those who vote can shape the outcome.
Will my vote be confidential?
Yes — your vote is completely confidential.
The ballot is being run by CorpVote, a trusted and independent provider of secure voting services. Protecting voter privacy is central to how they operate.
All votes submitted through their secret ballot process are guaranteed to be anonymous. No one — including your employer or the union — can see how you voted.
What happens if a majority vote ‘no’?
Negotiations will continue. ANZ has already confirmed it will return to the bargaining table to work towards a better outcome if this offer is rejected.
A ‘no’ result sends a strong and clear message: the current proposal doesn’t meet employee expectations. It also gives ANZ the opportunity to show it has listened — by coming back with an improved offer.
Does ANZ have to return to negotiations if we vote ‘no’?
Yes.
There is a lot of misinformation about what happens if we vote ‘no’ — but the facts are clear. Under the Fair Work Act, ANZ/Suncorp Bank are legally required to bargain in good faith. That obligation does not end simply because employees rejected a proposal that didn’t deliver.
Voting ‘no’ also does not mean endless delays. The FSU has been meeting regularly with ANZ/Suncorp throughout this process and that can continue. If management tries to walk away or stall, the FSU can escalate the matter to the Fair Work Commission.
A ‘no’ vote is a strong and legitimate way to tell ANZ: this deal isn’t good enough — and we’re standing together for something better.
Could management come back with a worse offer if we vote ‘no’?
In the FSU’s experience, employers do not respond to a ‘no’ vote by returning with a worse offer. Doing so would show a complete lack of respect for employees.
Voting is a fundamental part of this process, and a ‘no’ vote is a clear and legitimate indication that the proposal doesn’t meet employees’ needs.
ANZ should respect the outcome, listen to its workforce, and return to the table in good faith to work with the FSU on a proposal we can all support. Responding with a worse offer would only signal that the company is unwilling to engage respectfully with staff.
In 2015, when ANZ workers voted ‘no’, the company came back to negotiate. That’s what respect looks like — and it’s what we expect now.
What can I do to ensure we all vote ‘no’?
Make sure everyone knows what’s going on and what’s at stake!
- Talk to your colleagues
- Share FSU material
- Invite your colleagues to a union info session.
And if you’re not already a member of the FSU, join today. Remember, we stand a greater chance of achieving a better outcome if management knows we are a united force.
If we vote No, will we have to wait until October 2026 for a new Enterprise Agreement?
No. This is incorrect.
There is no legal requirement tying the start of a new Enterprise Agreement (EA) to October 2026 — or to any fixed date.
If employees vote No to this proposal, ANZ/Suncorp Bank is however legally required under the Fair Work Act to continue bargaining in good faith.
A revised agreement can be negotiated and put to a vote at any time. If approved, it can take effect shortly after being approved by the Fair Work Commission (FWC), regardless of the date.
While ANZ has noted that its performance/bonus year runs from 1 October to 30 September, and that changing bonus arrangements may be operationally complex, this is a matter of internal administration.
Bonuses are not part of the EA and are instead governed by company policy — not enforceable through the agreement.
In short:
- Voting No does not lock employees into the current EA until 2026.
- The FSU will call for immediate resumption of bargaining if the proposal is rejected.
- If management delays, the union can escalate the matter to the Fair Work Commission.
A No vote is not a dead end — it’s a clear and legitimate signal that employees expect a better deal.