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This election could cost us our penalty rates

First employers went after penalty rates for hospitality and retail workers, then they came for ours.

On Monday, we stood with the ACTU, ASU and SDA against these relentless attacks on our penalty rates.

FSU member Steve Howland stood side by side with FSU National Assistant Secretary Nicole McPherson and ACTU Secretary Sally McManus to say: Enough is enough.

ICYMI, employers have called for the Banking, Finance and Insurance (BFI) Award to be varied to include an ‘exemption rate’ clause, which would allow employers to pay employees an annualised salary (a flat rate) and replace things like penalty rates, allowances, overtime and annual leave loading.

The last time the LNP were in government, Peter Dutton voted against protecting penalty rates eight times. He’s shown time and again that he stands with big business, and we know they wouldn’t be proposing these changes unless they thought it would result in bigger profits for themselves.

With Easter public holidays coming up this week, the penalty rates we all rely on to make ends meet are more important than ever. In the finance sector, we’re already working massive amounts of unpaid overtime and trying to protect our right to disconnect from Peter Dutton.

We know from past experience that the only way to keep the rights we’ve won (like penalty rates) is to defend them. This election, let’s finally put people before profits. This election, Don’t risk Dutton.

Find out more or get involved in our campaign here.

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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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