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Mediated Negotiations Conclude

Wednesday 15 June 2005

Mediated Negotiations Conclude

Two days of mediated negotiations between ANZ National Bank and their staff representatives Finsec, the finance sector union, concluded today at 4:30 p.m.

Finsec negotiators agreed to take the bank's latest offer out to members to be voted on. This will take place in nationwide meetings throughout next week.

The current offer from the bank includes a 5% pay rise for an extended 16 month term agreement. Claims around fair pay for evening and weekend work and equity across all staff in both bank brands were not resolved.

"We agreed to take the result of these two days of mediated negotiations out to Finsec members and, as always, their decision to accept or reject this latest offer will determine the future of the dispute." said Karen Skinner, Finsec Campaign Director.

ENDS

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