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Your thoughts on TMB’s pay rise offer + Enterprise Agreement delay

Consultation is underway for the merger between Australian Mutual Bank (AMB) and Teachers Mutual Bank (TMB).

Our union is working closely with both banks to ensure your interests are represented throughout this process and that your entitlements are protected.

Delay to our next Agreement

Because AMB employees will eventually be moved onto the TMB Enterprise Agreement, TMB intends to postpone negotiations for our new Enterprise Agreement until January 2027 – once the merger is complete.

Management is instead offering current TMB employees an administrative pay increase of 3.5% in July 2026.

Before we respond to management’s offer, tell us what you think about this decision to delay negotiations and pass on an administrative pay rise.

Share your views now

If you’ve got any concerns about the merger or would like to get more involved in our union in the lead up to negotiations, please also submit your feedback.

If you’re not already a member of our union, now is the time to join to ensure you receive the representation and protection you need.

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