FSU backs ACTU to fight for workers’ rights



Financial services sector employees will be contacted by the Australian Council of Trade Unions (ACTU) after the Financial Services Union Australia (FSU) agreed to provide members' contact details - unless they opt out - as part of a campaign to assess the mood of the sector's workforce.
In a letter to members, FSU national secretary, Fiona Jordan, urged financial services workers to join the rest of the union movement, with the backing of the ACTU to lead the fight to protect workers' rights.
Jordan said the ACTU will call FSU members across the country to "identify the key issues that you care about in a Federal election context and to talk about how we can progress them".
While the FSU national executive has agreed to provide members' details to the ACTU, Jordan stressed that responses and personal information would remain strictly confidential, and "the ACTU is bound to respect that confidentiality".
"With unemployment at a 13-year high and wage growth at a 20-year low, many working people in Australia are feeling less and less secure about their future," she said.
"We can start to change this by sticking together and holding politicians and political parties to account."
Recommended for you
BT is to launch a new low-cost “Focus” investment menu for its Panorama platform this October, in partnership with Vanguard, seeking to compete with industry superannuation funds.
Net gains of financial advisers have already doubled since the start of FY25, according to this week’s Padua Wealth Data, with momentum gathering pace far faster than the previous financial year.
National advice firm MiQ Private Wealth has appointed a new chief executive to lead the business through a “transformative era” after penning a partnership deal with AZ NGA earlier this month.
WT Financial’s managing director, Keith Cullen, believes the firm’s Hubco model with Merchant Wealth Partners will be a “repeatable growth model” for the business as it scales its adviser numbers.