Australia’s oldest bank has kicked off 2019 with plans to shed 22 branches from their Retail network. Westpac have informed 76 staff in 22 locations of their plans to permanently shut the doors at their branches.
Just days ahead of Commissioner Hayne handing down his final report, this latest announcement by the bank is yet another example of profits being prioritised over people, staff and local communities. A number of groups in our communities, including the elderly and the business sector, value the essential service provided by branches. This announcement does little to uphold Westpac’s “service” promise.
Westpac Must Respect Workers and Communities
As consultation with impacted workers begins, FSU calls on Westpac to maximise redeployment opportunities for these workers.
The following Westpac branches have been identified for closure:
591 George Street, Sydney
52 Martin Place, Sydney
|Hallett Cove||Osborne Park South|
Are you Impacted?
If you are impacted and want to retain a role, speak up as part of the consultation process currently underway.
The Westpac Group Enterprise Agreement 2019 (EA), sets out your rights and entitlements, including what steps Westpac must undertake in consulting you about the proposed branch closures.
The agreement provisions include:
- Genuine consultation periods to consider members’ feedback about proposed changes;
- Measures Westpac will take to mitigate the adverse affect of the change;
- Fair redeployment process that includes access to case mangers and consideration of employee preferences.
If you and your colleagues are impacted, make sure you have all the facts. FSU members can access our Member Rights Centre on 1300 366 378.
Finance Sector Union
Ph: 1300 366 378