Royal Commission Round 4 will examine Banking in Regional Australia
Starting next week, the next round of hearings will look at farming finance, natural disaster insurance, and interactions between Aboriginal and Torres Strait Islander people and financial services entities.
After the success of our Submission responding to Round Three of hearings, the FSU has again been granted leave to appear in Round Four.
FSU Defends Workers in Major Submission to the Royal Commission
Your FSU is speaking out for workers in the Royal Commission – after Round Three, we again presented a significant response to the Royal Commission evidence. Our legal submission focused on solutions to the issues around culture, and the community’s loss of trust in the banks.
Our Submission calls for a Financial Services Code to be implemented and administered by an independent regulator. You can read the full Submission here: http://bit.ly/FSU-Round-3-Submission
Our message about the importance of protecting workers was heard, and again we received national media coverage. This Financial Review article of June 17 clearly shouted our call for fair and independent regulation:
http://bit.ly/Financial-Services-Code
Your Voice in the Royal Commission
The FSU has built an online portal at www.fairfinanceindustry.com where you can tell us your experience of toxic culture in the finance sector. The FSU Portal is confidential and FSU will contact all contributors to discuss the next steps towards submitting to the Royal Commission.
Go to the FSU’s online Royal Commission Portal, add your voice, and make a difference:
If you have been contacted by the Royal Commission, get in touch with your union and we will arrange legal advice and answer any questions you may have.
I look forward to working with you as we make our industry a fairer place for workers and customers.
In Unity,
Julia Angrisano
National Secretary