Bank workers' union Finsec is calling for a modernisation of New Zealand's monetary policy in light of the International Monetary Fund's report, Rethinking Macroeconomic Policy, which seriously questions the basis of current policy.

Bank workers' union Finsec is calling on the government to toughen its oversight of the Australian owned banks in light of revelations that shows the banks paid dividends to their parent companies in 2009 that were more than double what they earned.

Recently Sir Roger Douglas introduced the Education (Freedom of Association) Amendment Bill to Parliament.

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Finance workers' union Finsec says the public have been short changed by two major banks who owe the government over $1.6 billion in outstanding tax.

Finance workers' union Finsec says the government should have made the protection of local jobs a condition of the extension of the retail deposit guarantee scheme to banks and finance companies announced today.

A proposal to increase GST to 15% to fund cuts to the personal and company tax rates would transfer wealth from customers and staff to the banks themselves says the bank workers union Finsec.

6 August 2009 - Hamish Pepper and Craig Monk have hit the lead at the 2009 Star World Championships on now in Varberg, Sweden. With four races now sailed there are just two races remaining to decide the world title.

28 May 2009 - Bank workers' union Finsec says that by allowing the rating agencies to call the tune the government has delivered a good budget for banks but not for their staff and customers, with its primary focus on reducing debt in order to maintain the country's credit rating.

5 May 2009 - 79% of New Zealanders think the government should require banks to maintain existing staffing levels and not send jobs overseas in exchange for the taxpayer support they are receiving through the bank guarantee schemes.

29 April 2009 - Bank workers union Finsec says that ANZ National bank's underlying profit increase of 24% announced today shows they are very profitable during the recession and it is time for the government to step in and demand concessions from the bank on behalf of tax payers and workers.