A tale of two banks

A tale of two banks
Westpac staff celebrate settlement -
Public campaign launched by staff against ANZ

Bank workers union Finsec is contrasting the employment practices of two of the big Australian owned banks, with cause to celebrate at Westpac while ANZ National staff launch a campaign to get that bank to act fairly.

Thousands of Westpac staff are celebrating commitments just won in collective bargaining including a commitment that the bank will not offshore jobs, a package of wage increases worth more than 3%, a commitment to union rights, and increased leave entitlements.

Meanwhile ANZ and National bank staff are launching a campaign to draw attention to their bank’s attempts to drive down wages and conditions.

Finsec’s campaign parodies ANZ’s ‘In a perfect world’ advertising campaign pointing out that in a perfect world ANZ wouldn’t cut pay, send jobs overseas and would invest more of their profit in New Zealand.

“Westpac is leading the way by making a commitment to keep jobs in New Zealand but ANZ National is refusing to rule out sending more Kiwi jobs overseas,” said Campbell.

“ANZ National is also proposing to cut pay scales for new staff, despite reporting $367 million profit in the first six months of this year,” said Campbell.

“Despite ANZ’s advertising slogans about a perfect world, this bank is showing how far from perfect their treatment of staff is. We think bad corporate behaviour needs to be exposed,” said Campbell.

”While ordinary customers and staff are struggling to get by, the bank is making big profits but doing nothing to fix significant problems. The bank needs to change their approach to negotiations and take some positive steps to treat staff fairly,” said Campbell.

ENDS

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