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| Issue No 77 |  |
10 November 2000 |
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NewsANZ Faces Contracts Challenge
Fresh from its win against the Commonwelath Back's AWAs, the Finance Sector Union is looking into the legality of plans by the ANZ bank to offer individual contracts to its 4,500 middle managers.
FSU state secretary Geoff Derrick says the union will focus on whether the bank is breaching the federal Workplace Relations Act's freedom of association provisions by offering a better deal to managers who sign contracts. In a letter to managers, ANZ CEO John MacFarlane has informed the workers that they would only be able to access to the bank's bonus scheme if they signed the contracts. And as a sweetener, the ANZ has offered 750 share options on signing the contracts "By putting a deadline for accepting the contracts of just three weeks before a new collective agreement is due for negotiation, ANZ ghas made it clear that they are doing this to lock managers out of collective bargaining," Derrick says. "If successful, then the 4,500 effected employees would be denied across the board pay increases, together with all the protections of the Federal EDA and all but the basic provisions of the award." Interim Deal at Commonwealth Meanwhile, Commonwealth Bank staff have had a victory of sorts with the bank granting a three per cent over-award pay increase to all workers. The pay increase comes as the bank indicated it would continue to talk to the FSU about a collective agreement after its individual contracts strategy met fierce opposition from staff.
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   US Election: Democracy Version 1.0: Time for an Upgrade AmericaThis week the world's greatest democracy is looking pretty rickety. Michael Gadiel reports from the front line. Interview: Crikey! A Corporate CommandoHe may be a lapsed Lib, but Stephen Mayne is making life hell in the boardrooms of corporate Australia. And he might have some clues for unions too. Unions: Class of 2000 Hit RedfernThey're just out of acting school and straight into the union. Tomorrow's stars and today's union members. International: US Cleaners Fast for JusticeTalks between striking janitors and the cleaning contractors who employ them resumed on Tuesday at the Sheraton Hotel in Stamford, Connecticut. History: Racing RadioThe Cup is over, but the races go on, and so does Labor council's radio station, 2KY, as it celebrates its 75th Anniversary. Legal: A Pandora's In-BoxScreening of employee's emails could be in breach of telecommunications laws, according to Minter Ellison lawyer Megan Dixon. Satire: Our Snobs Are TopsTony Moore on why the lucky country has always been a tosser�s paradise. Review: Brassed Off With a Tutu Billy Elliott, currently a hit at the box office, gives a new twist to the working class rags to riches story.
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