Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Bank workers vote for strikes to continue


Bank workers vote for strikes to continue

ANZ National Bank workers have once again voted to reject the bank’s employment offer and will continue nationwide rolling strikes. Staff who are represented by Finsec, the finance sector union, rejected the bank’s offer by a 73% majority. This is now the fifth time they have rejected the bank’s offer.

Workers at the bank are seeking fair compensation for working weekends and evenings, and assurances that the bank will treat the staff from its two merging brands, ANZ and National, equally. So far the bank has failed to respond to any of these key issues that the workers have been raising since the start of negotiations 10 weeks ago.

Finsec is hopeful that mediated negotiations will occur shortly.

“Members are concerned that the bank’s recent integration is creating pressure for a ‘lowest common denominator’ approach to working conditions and again call on ANZ National to return to the bargaining table with a genuine intent to resolve this dispute.” Said Finsec Campaigns Director, Karen Skinner.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news