National Australia Bank Limited

[2023] FWCA 2952

[2023] FWCA 2952

FAIR WORK COMMISSION

DECISION

Fair Work Act 2009

s.185—Enterprise agreement

National Australia Bank Limited

(AG2023/2899)

NAB ENTERPRISE AGREEMENT 2024

Banking finance and insurance industry
COMMISSIONER LEE	MELBOURNE, 14 SEPTEMBER 2023

Application for approval of the NAB Enterprise Agreement 2024

1. An application has been made for approval of an enterprise agreement known as the NAB Enterprise Agreement 2024 (the Agreement). The application was made pursuant to s.185 of the Fair Work Act 2009 (the Act). It has been made by National Australia Bank Limited. The Agreement is a single enterprise agreement.

1. I am satisfied that each of the requirements of ss.186, 187 and 188 as are relevant to this application for approval have been met.

1. 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) I note that the Agreement covers the organisation.

1. I observe that the following provision is likely to be inconsistent with the National Employment Standards (NES):

·   Clause 50.3 – Can my team or I swap a Public Holiday for another day?

However, noting clause 2 of the Agreement, I am satisfied the more beneficial entitlements of the NES will prevail where there is an inconsistency between the Agreement and the NES.

1. The Agreement is approved and, in accordance with s.54 of the Act, will operate from 15 February 2024. The nominal expiry date of the Agreement is 31 December 2026.

COMMISSIONER

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