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Westpac

Westpac CA bargaining adjourned

Westpac
Monday, March 24, 2014
As you know bargaining commenced on Thursday 20 March in Auckland.

Westpac Bargaining Update

Friday, March 14, 2014

Westpac bargaining will commence on the 20th of March 2014. The parties have now exchanged claims.

The union was disappointed to see that the tradition of claw-backs has been maintained, and vows to strongly oppose these.

The faster growing economy bolsters corporate profits

Date of Release: 
06/03/2014

More on banks profits this morning. 

Radio NZ's Economics Editor looked more generally at how company profits aren't getting anywhere near their workers. 

Westpac claims meeting and BNZ forums kick off in February

Friday, January 31, 2014

We are heading towards bargaining with Westpac  in March, and members’ claims meetings will run from 3 February to 7 March. The meeting schedule is being emailed to all members this afternoon, so please check your inbox to find out when your site’s meeting will be held. Westpac workers can check with their local organiser for more information.  (This schedule can also be found on our website located under Westpac.)

Westpac claims meeting and BNZ forums kick off in February

Friday, January 31, 2014

We are heading towards bargaining with Westpac  in March, and members’ claims meetings will run from 3 February to 7 March. The meeting schedule is being emailed to all members this afternoon, so please check your inbox to find out when your site’s meeting will be held. Westpac workers can check with their local organiser for more information.  (This schedule can also be found on our website located under Westpac.)

IMPORTANT - Westpac Claims meeting schedule

Westpac
Friday, January 31, 2014
Please check to find out when your site's meeting is to be held ....

Westpac South Island – don’t forget to vote

Friday, December 20, 2013

A reminder for Westpac members working in retail in the South Island to vote in your Council elections by Monday.

Two nominations have been received for the Westpac South Island Retail Representative position on the Union Council. 

It is now time for you to vote for the council representative you want.  All FIRST Union members working in Westpac retail in the South Island are eligible to vote, and are encouraged to participate in this democratic election. 

Banks will cooperate with Commerce Commission probe

Friday, December 20, 2013

Two banks facing court action by the Commerce Commission say they will continue co-operating with an investigation into sales of interest rate swap contracts to rural customers.

The Commerce Commission is to issue legal proceedings against ANZ, ASB and Westpac over their sales of interest rate swap contracts to rural customers.

Vote for the rep you want in Westpac Retail - South Island

Westpac
Monday, December 16, 2013
Voting open for the Westpac South Island Retail representative on the Union Council for 2014.

CEOs salaries on the back of aggressive sales

Friday, December 6, 2013

Meanwhile, FIRST Union was called on for comment the week prior to the release of the report, following the publication of bank CEO salary figures (see our 15 November issue of Gossip for more coverage of this).

Robert Reid told the Dominion Post that excessive bank CEO salaries were made possible because bank staff were continually forced to sell debt to customers or face eventual dismissal.

CEO pay in banks is well out of kilter with the rest of their staff.  The ANZ CEO is paid over 100 times more than front line staff at his bank.

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