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Home / Business / Companies / Banking and finance

ANZ strike won't affect business, says bank

Newstalk ZB
24 Dec, 2014 12:00 AM2 mins to read

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ANZ has improved the quality of its loan book. Photo / Richard Robinson

ANZ has improved the quality of its loan book. Photo / Richard Robinson

ANZ says business will continue as usual today, despite dozens of workers going on strike.

The industrial action comes as First Union members demand a 5 per cent pay rise.

ANZ says the strike is an attempt by the union to disrupt the bank in any way it can.

However, a bank spokesperson said all branches would remain open and bank services would be available today.

ANZ said about 110 people - or less than ten percent of the unionised staff - didn't turn out for work today.

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The union, however, claims there will be significant delays to customers.

First Union organiser Tali Williams said the impact could be worse in places with fewer banks - such as small towns - where there would be fewer staff to carry the workload.

"The impact is in [the] number of staff who are available to carry this work out.

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"So say for example in a city where there's lots of different branches, the impact may be [not as bad as], say, in a town where there's one branch and those guys are going out."

Ms Williams said Christmas Eve was traditionally a busy day for banking and customers.

"As they rush around to get their last-minute shopping done, perhaps go into a bank branch to get money out - so those people may be impacted, and same with those who want to do a bit of online banking."

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