Australian Mutual Bank Ltd

[2021] FWCA 6231

[2021] FWCA 6231

FAIR WORK COMMISSION

DECISION

Fair Work Act 2009
s.185 - Application for approval of a single-enterprise agreement

Australian Mutual Bank Ltd
(AG2021/7560)

AUSTRALIAN MUTUAL BANK LTD ENTERPRISE AGREEMENT 2021-2024

Banking finance and insurance industry
COMMISSIONER MIRABELLA	MELBOURNE, 12 OCTOBER 2021

Application for approval of the Australian Mutual Bank Ltd Enterprise Agreement 2021-2024

[1] The Australian Mutual Bank Ltd has made an application for approval of an enterprise agreement known as the Australian Mutual Bank Ltd Enterprise Agreement 2021-2024 (the Agreement) pursuant to s. 185 of the Fair Work Act 2009 (the Act). The agreement is a single enterprise agreement.

[2] The Employer has provided written undertakings. A copy of the undertakings is attached in Annexure A. I am satisfied that the undertakings will not cause financial detriment to any employee covered by the Agreement and that the undertakings will not result in substantial changes to the Agreement. The undertakings are taken to be a term of the agreement.

[3] Subject to the undertakings referred to above, and on the basis of the material contained in the application (and accompanying declaration), I am satisfied that each of the requirements of sections 186, 187, 188 and 190 as are relevant to this application for approval have been met.

[4] I observe that certain provisions of the Agreement are likely to be inconsistent with the National Employment Standards (NES). However, noting clause 5.1.3 of the Agreement, I am satisfied that the more beneficial entitlements of the NES will prevail where there is an inconsistency between the Agreement and the NES.

[5] The Finance Sector Union of Australia, being a bargaining representative for the Agreement, has given notice under s. 183 of the Act that it wants the Agreement to cover it. In accordance with s. 201(2) (and based on the declaration provided by the organisation), I note that the Agreement covers the organisation.

[6] The Agreement was approved on 12 October 2021 and, in accordance with s. 54, will operate from 19 October 2021. The nominal expiry date of the Agreement is 30 June 2024.

COMMISSIONER

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