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| Issue No 65 |  |
04 August 2000 |
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NewsBank Staff Fight Fruitpicking Future
The Finance Sector Union is calling on the Government to conduct a Public Interest Impact Assessment to ensure customers, communities and jobs are considered in any decision about finance industry mergers.
The Senate Economics is currently reviewing the Financial Sector Legislation Amendment Bill. This Bill would see mergers becoming easier on the basis of Commonwealth Bank style undertakings between the Treasurer and finance sector companies. "The voluntary undertakings provided by the Commonwealth Bank saved only 60 Branches, while a further 250 will be closed and more than 2500 employees will lose their jobs," FSU National Secretary Tony Beck said.
"In communities like Bourke NSW and Scottsdale Tasmania, where unemployment rates are higher than the national average, our members know this deal will cost jobs. In Scottsdale, our members say that once their jobs with Colonial are gone their only option for work will be seasonal fruit picking. "We want the Committee to understand the impact on real people and real communities and think the Treasurer should be forced through legislation to do the same before signing off on mergers," Mr Beck said. "The Australian Bankers Association would have us believe that banking services are no different to McDonalds and should not be subject to minimum service requirements. The ABA argue in a media statement this week that tax payers should foot the bill for banking services in areas where the banks have pulled out to cut costs. "With a combined annual profit of more than 7 billion dollars it is clear the 'Big Four' are out of control and enough will never be enough. We think it is time the Federal Government took decisive action and will be saying so at the inquiry. Meanwhile Government inaction means customers, jobs and communities like Scottsdale Tasmania continue to pay the price," Mr Beck said.
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   Interview: Hobart PerspectiveHaving held senior positions in both wings of the labour movement, Martin Ferguson went to Hobart with more perspective than most. He shares a bit of it with Workers Online. Politics: Love-in In a Cold ClimateIn our exclusive campaign diary we bring you the sights, sounds and smells of the ALP's Hobart conference. Unions: Passion PlaysCanadian union campaigner Sharon Costello outlines how British Columbia nurses are using the arts to activate their membership base. International: Spanish Telecom Builds Employee PortalThe prospect of on-line access for unions to company employees was outlined to Union Network International by the head of Spanish Telecommunications giant. Telefonica. History: Husky Girls and the Female PsycheWhen women entered the workforce during World War Two their male supervisors were given these simple tips to get the most out of them. Satire: Communism Vindicated by Successful Collective MeetingTonight's meeting of the Marxism-Leninism Now Collective demonstrated the continuing relevance and ultimate success of communist principles, according to the Collective's Secretary, George Addison, 44. Review: Following the MoneyA new book looks at the role the bosses have played in the changing industrial relations framework.
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