Application for approval of the People First Bank Enterprise Agreement 2025

[1] An application has been made for approval of an enterprise agreement known as the People First Bank Enterprise Agreement 2025 (the Agreement). The application was made pursuant to s.185 of the Fair Work Act 2009 (the Act). It has been made by Heritage And People's Choice Limited t/as People First Bank, Heritage Bank Limited, People's Choice Credit Union (People First Bank). The Agreement is a single enterprise agreement.

[2] In response to several issues raised with People First Bank in relation to its application, it has provided written undertakings, a copy of which are 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, I am satisfied that each of the requirements of ss.186, 187, 188 and 190 as are relevant to this application for approval have been met.

[4] The Australian Municipal, Administrative, Clerical and Services Union-South Australian and Northern Territory Branch (ASU) and Finance Sector Union of Australia (FSU) being bargaining representatives 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 ASU and FSU.

[5] The Agreement is approved and, in accordance with s.54 of the Act, will operate 7 days after approval.

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