The New Banking, Finance and Insurance Award
... employees alike hold it in their best interests to become well acquainted with the Act, its purpose and its legal implications. Workplaces across Australia should be gearing up to adopt and maintain all relevant changes under the Act and the Banking Award. Be they subtle adjustments or major alterations, the employment standards across all Australian workplaces are set to change. If you have any general or specific questions in relation this article, please do not hesitate to contact us employment lawyers, Melbourne ... myriad of Modern Awards and changes in workplace standards. As a major part of the Government's "Forward with Fairness" Policy, the Act aims to create a unified national industrial relations system that will ensure balance and fairness for all Australian workers. The Federal Government will assume power over certain employment standards, previously administered by the states, to introduce consistency across all Australian workplaces. Workplaces are encouraged to familiarise themselves with the new Act and relevant Modern Awards. Of particular significance is the new Banking, Finance and Insurance Award ('the Banking Award'), effective as of 1 January 2010. The Banking Award ...
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