• Contact
  • Feedback
Banking Day
ConfidentiallySpeaking.com.au Logo
High-impact negotiation masterclass | July 9 & 16, 2025 | 5:00pm - 8:30pm
This high-impact negotiation masterclass teaches practical strategies to help you succeed in challenging negotiations.
Register Now
  • News
  • Topics
    • All Topics
    • Briefs
    • Major Banks
    • Authorised deposit-taking institutions
    • Insurance, funds and super
    • Payments, mobile & wallets
    • Consumer lending
    • Mortgages
    • Business lending
    • Finance regulation
    • Debt capital markets
    • Ratings agencies
    • Equity capital markets
    • Professional services
    • Work & career
    • Foreign news
    • Other topics
  • Free Trial
  • Subscribe
  • Resources
    • Industry events
  • About us
    • About Banking Day
    • Advertise
    • Feedback
    • Contact Banking Day
  • Search
  • Login
  • My account
    • Account settings
    • User Admin
    • Logout

Login or request a free trial

FSU v CBA goes before the FWC

16 May 2019 3:53PM
The Finance Sector Union and Commonwealth Bank faced off before the Fair Work Commission in Sydney yesterday over the union's criticisms of the way the bank is handling its restructuring program.Not much emerged from the private session, although one source said the discussions were ongoing and another said the bank was expected to provide a statement to staff by the end of this week.CBA said in a statement that prior to today's discussions, chief executive Matt Comyn had arranged a meeting with FSU national secretary Julia Angrisano. The meeting is expected to take place next week.The union is concerned that Comyn has made reference to CBA becoming a "streamlined" bank and talking about a "transformation to become a simpler bank" without any consultation with staff or the union.It said in a statement: "It is inconceivable that such changes won't impact you in some way - be it job losses, the need to be retrained or the loss of promotion opportunities."The FSU has lodged a dispute with the Fair Work Commission to ensure CBA complies with its obligations to discuss this change with CBA workers."

I'm a returning subscriber

*
Password reset *
Login

Request a free trial

  • Emailing you the news at 7am.
  • Covering core lending and funding issues, strategy, payments, regulation, risk management, IT, marketing and more.
  • Original news and summaries of major stories from other media – ditch your newspaper subscriptions.
  • Focused on banking and finance, saving you the time spent wading through newspapers and other services.
  • With reporting from former editors and senior writers from the AFR and The Australian.
  • Configured for your phone, laptop and PC.
Free trial Banking Day
ConfidentiallySpeaking.com.au Logo
High-impact negotiation masterclass | July 9 & 16, 2025 | 5:00pm - 8:30pm
This high-impact negotiation masterclass teaches practical strategies to help you succeed in challenging negotiations.
Register Now

Consumer lending

  • Latitude, Harvey Norman liable for interest free GO card con

Copyright © WorkDay Media 2003-2025.

Banking Day is a WorkDay Media publication

WorkDay Media Unit Trust

  • Privacy policy
  • Terms of access and use