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Issue No. 330 27 October 2006  
E D I T O R I A L

Fair Weather Friends
This week’s decision by the Orwellian Fair Pay Commission may have surprised some with its seemingly generous quantum, but in doing so it also reinforced the union movement’s central criticism of the new wage fixing structure.

F E A T U R E S

Interview: Cowboys and Indians
Finance Sector Union national secretary Paul Schroder is standing between the big banks and a bucket of money.

Industrial: Seven Deadly Sins
Chris Christodoulou gives seven reasons why WorkChoices is bad for business

Unions: The IT Factor
The future of Australian IT looks grim as big companies lead the rush to India and China, writes Jackie Woods.

Politics: Bargain Basement
Simple principles of democracy underpin the ACTU's collective bargaining proposal, insists ACTU Secrteary Greg Combet.

Environment: An Inconvenient Hoax
Al Gore may be warning of climate breakdown, but what hope the truth when he's up against such a well-oiled machine? asks Paul Sheridan

Corporate: Two Sides
Bilateral trade agreements are a good idea – just ask the US multinationals. The rest of us should strongly disagree says Pat Ranald

International: Unfair Dismissals
Nearly 10,000 workers were fired for their trade union activities in 2005, an annual trade union survey shows.

History: A Stitch in Time
Neale Towart takes some lessons from female textile workers while considering the case for recognition ballots.

Review: The Wind that Shakes the Barley
A film charting the turmoil of the Irish war for independence against British occupation during the 1920s might seem an odd choice for top honours at the Cannes Film Festival in 2006.

N E W S

 Unhappy Campers in Court

 Gran Backs Beazley

 Aunty Strikes at Lakemba Mosque

 Boeing Clause Flies

 Rissole Burns Joint Venture

 US Workers Bush Whacked

 Community Volunteers for Heavy Lifting

 Gong Sounds for Rogue Uni

 ANZ Banks on India

 Hollow Victory for Low Paid

 Life Education for Apprentices

 Activists

C O L U M N S

Parliament
The Westie Wing
Ian West takes a walk around the backyard with the Prime Minister…

The Soapbox
Rise Up
Hugo Chavez's explosive address to the United Nations

Culture
The Fear Factor
A new analysis of the history of fear takes us from the war on terror all the way to the modern workplace.

L E T T E R S
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News

ANZ Banks on India


The boss of Australia's biggest jobs exporter to India claims Bangalore data security is world's best even though Australia's strong privacy laws do not apply there.

Talking up the bank's massive $3.7 billion annual profit, ANZ CEO John McFarlane dismissed concerns about data privacy in India, where workers are paid just $100 per week.

McFarlane told reporters he "couldn't see what the problem" with off-shoring Aussie jobs and that "there are no issues about data security in our Bangalore office."

"If anything, the data security is tighter than anywhere else in the group," he sapd.

Finance Sector union national secretary Paul Schroder says the ANZ bank needs to explain to customers and staff how this approach is in the long-term interests of the bank.

"We know that Australians expect their major corporations to keep jobs in Australia and we know that consumers do not want their personal information sent offshore," Schroder says.

"In this context, the FSU calls on ANZ CEO John McFarlane to tell the public today how profitable the bank would need to be before he would commit to keeping these jobs in Australia.

"Is two billion dollars enough? Or three billion dollars? Or four billion dollars? Or will the bank continue to send Australian jobs overseas regardless of how much money it makes.

"These policies will have a detrimental effect on customer satisfaction levels for the major banks,

"Customers are not fools - this is a chase for short -term profits by an industry that is already extremely profitable and highly efficient."


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