Issue No.6 of 2013, Wednesday 5 June 

FSU National Secretary Leon Carter spoke with finance workers across the country in mid-May about Our Jobs Our Future, which brings union members' campaigns for secure jobs with secure pay under one national umbrella for co-ordinated mobilsation.

170 FSU activists from Local Executive Councils and finance sector workplaces took part attended in a national video hook-up, followed by campaign workshops.

What members say about Our Jobs Our Future.

WATCH: "I've watched more than 100 co-workers lose their jobs. One of them was my wife"
Please watch and share this video

“I found the day extremely exciting, informative and motivating that I just had to Step Up and take action by joining the NAB LEC. Looking forward to a great year.”  Tania, Qld.

“The really motivational speech Leon gave and then the opportunity to collaborate with other union members from other banks really brought home why we do what we do.” – Helen, Vic.

“Being there & finding out exactly what is going on, & realising it’s "not just us", but everywhere across the entire Finance sector! We're all in the same boat,” Ronnie, SA

“Discussing ways of approaching people really built my confidence to start conversations about joining the union with people I don't usually talk to.” Sam, NSW

“The fact that we are putting ownership back on members to get involved at a different level than just their workplace was the best thing about the day.” Chris, WA

"Thanks for a full on day today at the LEC workshops. We decided to wear our "our jobs Our Future" tshirts on the plane. Certainly received a lot of looks!! I also struck up a conversation with someone representing the "manufacturing precinct" who was extremely interested in our campaigns, we have a fan! " – Sacha, Tas
FSU and CBA to commence negotiations

CBA has agreed to commence negotiations with FSU around a series of issues covered in the union's Agenda 4 Change. The focus of the discussions will be on changes to the CBA Enterprise Agreement such as improved pay rates and secure jobs, as well as broader discussions on workplace culture.

As part of the legal requirements for these negotiations to take place under the Fair Work Act, CBA has sent out a Notice of Representational Rights to employees. FSU members do not need to respond to this notice as the FSU will be representing you in negotiations.

FSU has successfully negotiated better pay and workplace rights for over 130,000 employees across the major banks, insurance companies, credit unions, and superannuation funds. This includes new agreements in Westpac / St George, ANZ, NAB, QBE, IAG, Allianz and Suncorp.

In the lead up to discussions show your support for the Agenda 4 Change by putting up a poster and fridge magnet in your workplace.

Get your posters and fridge magnets!

Phone: 1300 366 378.

A Bankwest agreement for all – Sign the petition, complete the survey

A petition signed by FSU members calling for an Agreement to cover all Bankwest employees will be presented to bank management in coming days.

The petition, signed by members on both the east and west coasts, calls on the bank to agree that the next Bankwest agreement will cover all employees, in all grades.

“We are constantly told we are one team; why can't we have one agreement?” asked members at a recent meeting.

Thanks to everyone who has signed the petition so far. There’s still time for you to show your support.

Download the petition here 
 Sign the petition online

Survey of Bankwest members

FSU and Bankwest and the Union are planning to negotiate a new Enterprise Agreement this year, and the union is making a claim for all Bankwest employees. If you work at Bankwest,
please take a moment to complete this short survey.

Attention NAB members: your feedback counts

FSU Reps are meeting with NAB representatives over feedback received about annual leave.

Feedback about annual leave highlighted some consistent issues, including:             

  • annual leave targets in scorecards that are inconsistent with rights in the Agreement
  • staff being pressured to take reduce leave balances
  • direction to have no more than 5 days annual leave accrued
  • onerous requirements to pay for travel and provide receipts in order to be exempt from utilising leave

An online story published by ZDNet gave an insight into the bank’s actions to reduce the amount of accrued leave, and the impact it may have on leave entitlements. The article also includes speculation about RDOs and Long Service Leave.

The article has since been deleted from the ZDNet website.

back to top

EOFY receipts will be sent in July - Update your details now                       

Union membership subscription is tax deductible, and FSU will be emailing End of Financial Year receipts to members in July this year. Make sure you update your details by completing our online form.         

Membership subscription review

A recent meeting of the FSU National Executive, comprising representatives from finance sector workplaces, reviewed FSU membership subscription and endorsed an increase of 2.5% to membership fees for the 2013/2014 financial year. In real terms this equates to an increase of 27 cents per week (if you work more than 30 hours a week), and less than $14 per year.

This is not a decision that was taken lightly. The National Executive took into account the increased operating costs for the union in the next twelve months, due to the increased costs of goods and services. The increase is necessary to ensure FSU can maintain the current level of service to members.

With more than $12 million in entitlements recovered for members last year, coupled with the savings members can make on everyday goods and services by using their FSU membership card, union membership is great value for money.

The new fees, effective from the 1 July 2013, will be:

Members working 30 hours or more per week
Per Week -
Per Fortnight -
Per Month -
Per Quarter - $142.34
Per Half-Year -
Per Annum -

Union membership fees are tax deductible and EOFY statements will be issued in July to members paying FSU membership fees by Direct Debit or Credit Card. Make sure you receive your EOFY statement by
updating your details now.


It pays to be a member!

It pays to be an FSU member. With the cost of groceries, fuel and other goods and services going up all the time, we are pleased to offer members 5% off Coles and Woolworths gift cards with The Ambassador Card.

Gift cards can be used at Coles, Woolworths and Safeway supermarkets, as well as BIG W, Dick Smith, Dan Murphy's, Tandy, BWS and participating Caltex Woolworths and Safeway fuel outlets.

Get on it, and start saving today!

 Click here for more information                        

 back to top

Authorised by FSU National Secretary Leon Carter