FSU Secures BankWest East Coast Expansion

13 July 2007

The Finance Sesctor Union welcomes the HBOS announcement of the planned opening of 160 branches and the employment of 3000 new employees in the eastern states of Australia.

The working conditions for new staff in the Retail Stores in the east will be governed by a separate enterprise agreement worked out between your union and HBOSA.

The conditions, agreed under a Union Greenfield Agreement, provide certainty and security for the planned 3000 new staff and a capacity for HBOSA to challenge for business in a new market.

The Union Greenfield Agreement and its conditions do not apply to BankWest staff in existing operations and will only cover staff employed to work in the new concept Retail Stores. This Agreement will not apply to employees working in Western Australia.

Under WorkChoices, employers commencing new operations can choose to employ staff on AWAs, write their own Employer Greenfield Agreement or negotiate one with the union. It is a testament to the commitment of both FSU and HBOS, that an agreement has been struck that secures conditions and benefits, allowing the business to attract and retain staff and take on its competitors in the East.

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