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Bank Workers Not Seeing Record Profits Reflected In Their Wages

Bank workers in New Zealand have not received pay increases that are anywhere near commensurate with continued profits of the ‘Big Four’ (ANZ, ASB, BNZ, Westpac) over recent years, and banks must use upcoming national bargaining periods to demonstrate .

Government to Disburse XCD 11 5 Million in Outstanding Back Pay to Public Servants

The Office of the Prime Minister has congratulated and thanked the six public sector unions that make up the Trade Union Federation [TUF] and the Government Negotiating Team [GNT] for the successful conclusion of wage negotiations, which resulted in two Collective Agreements for the periods 2016 – 2019 and 2019 – 2022 respectively. These Agreements included wage and salary increases.

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