No Joy For The ANZ Board - This Time

Date: 19 December 2003

Suburban branch manager Joy Buckland today received 30 million votes of confidence from ANZ shareholders at the bank's annual general meeting in Brisbane.

Finance Sector Union national secretary Tony Beck said that while the figure was not enough to secure Mrs Buckland a position on the board, it was a terrific endorsement of her candidature.

"Today's strong vote for Joy signalled that many shareholders realise banks must start listening to their workers," Mr Beck said.

"She missed out on a board position because of the proxy votes of the big institutional investors but the campaign has helped highlight the benefit of having staff representation on the boards of major banks.

"The process has given Joy the chance to raise crucial issues about this bank's accountability to the community and next year Joy will be back bigger and stronger to again challenge the ANZ to listen to its employees.

"Joy is pleased and thankful to voters, and especially staff of the ANZ, for their support.

"There was a terrific turn-out by union members at the board meeting today and there has been overwhelming support along the way."

For further information

Contact:	FSU National Secretary Tony Beck
Union:	FSU
Contact Mobile:	0419 366 183

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