In a communication sent to members on Thursday, FSU assistant national secretary Nathan Rees said the amendments proposed by the opposition to the omnibus bill containing the FASEA deadline extension measures were not news to the government when the bill was put on this week’s Senate agenda, as they had been tabled in February.
“The opposition tabled a proposed amendment to the bill in February. The government indicated this week that it would not accept the amendment,” Mr Rees said.
“The bill, at the time of writing, is now paused. Both the government and the opposition are blaming each other for the delay.”
Mr Rees said the FSU had written to the Treasurer, Assistant Treasurer, Minister for Finance, shadow assistant treasurer and shadow minister for financial services urging them to take all necessary steps to pass the bill.
“It is simply not good enough that your livelihoods and those of your staff are political footballs in the current climate,” he said.
“We have made it crystal clear that your part of the industry cannot afford further uncertainty, and that this uncertainty will cost jobs if not remedied.
“Australians are looking for political parties to work together to solve issues, not engage in finger pointing. We will continue to press the government and opposition for a resolution on this matter.”
Mr Rees said he would advise members further as discussions continued and advised FSU members to express their views directly to government Senate leader Matthias Cormann and shadow financial services minister Stephen Jones.
stop slagging the FSU. they have assisted with FASEA when asked back in 2018. i added a comment this morning and it has not been published.
FSU?..deafened by their silence..who the Hell are they anyway?
What is this finer point that labour have asked for inside this very important bill.
Really not worth the delay. Or maybe the Libs just withdraw that part of the bill.
Typical union solidarity with Labor – why aren’t they critiquing and criticising the changes that Labor included, which are definitely against planners interests??
Trust the union to come up with an excuse to defend their parliamentary mates!!
This country of ours need a complete overhaul of the political system…the current one is clearly broken…:(
WOW…..Where was the FSU when the Labor Party and the Government were demanding degrees and exams and driving up the cost of advice and the risking thousands of jobs within the Financial Services Sector? Where were they? Absent, silent and doing nothing to advocate for financial services. What happens now when thousands of jobs have gone from financial services in both banking and in the future, Advice businesses – the staff of businesses that will simply close or merge with a larger business and not need the extra staff??
This industry has gone through unbelievable change, financial loss, red tape and regulatory burdens for over a decade, no help here and certainly very little advocating from so called Associations representing their members.
Typical self indulgent Unions that think they have all the answers……
Go back and continue to be quiet, you’ve failed.
No, they had no members to represent back then. Now they do. Sign up!
thanks FSU you have been quiet for too long
All wank