Dump banks that sack staff, NSW government urged
Category: Offshore Banking, Uncategorized
THE NSW Government shouldn't do business with banks that sack local workers, Opposition Leader John Robertson says.
ANZ Banking Group announced last week it was shedding 1000 jobs from its national workforce, while Westpac Banking Corporation is axing 410 jobs and sending another 150 offshore.
"(Premier) Barry O'Farrell needs to take a stand and declare the NSW Government won't do business with banks that sack NSW workers and send local jobs offshore," Mr Robertson said in a statement today.
"The Premier should pick up the phone to the big banks today and tell them he will review their NSW government contracts if they sack NSW workers and send local jobs offshore."
Mr Robertson said Westpac holds a number of NSW government contracts, including transaction banking and credit card accounts.
The bank posted a $1.5 billion first-quarter cash profit today.
The Finance Sector Union said in January that National Australia Bank, ANZ, Westpac and Commonwealth Bank collectively made 3309 roles redundant in 2011.
The union expects further job losses in 2012.
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Dump banks that sack staff, NSW government urged
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