{"id":635475,"date":"2026-10-19T17:34:13","date_gmt":"2026-10-19T17:34:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/635475\/"},"modified":"2026-10-19T17:34:13","modified_gmt":"2026-10-19T17:34:13","slug":"kiwibank-workers-strike-over-pay-offer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/635475\/","title":{"rendered":"Kiwibank workers strike over pay offer"},"content":{"rendered":"<p class=\"[&amp;_em]:font-serif-text-italic [&amp;_cite]:font-serif-text-italic\">Kiwibank workers around the country are set to strike for two hours over a pay increase offer of 2.25 percent.<\/p>\n<p class=\"[&amp;_em]:font-serif-text-italic [&amp;_cite]:font-serif-text-italic\">The strike from 12pm to 2pm on Monday includes customer service workers in branches and on the phones, along with workers in other roles across the bank.<\/p>\n<p class=\"[&amp;_em]:font-serif-text-italic [&amp;_cite]:font-serif-text-italic\">E t\u016b union assistant national secretary Mat Danaher said the bank could easily afford to improve its pay offer after <a href=\"https:\/\/www.rnz.co.nz\/news\/business\/1066684\/kiwibank-posts-full-year-profit-of-174-million-down-9-percent-on-previous-year\" class=\"underline-brand-hover visited:text-foreground-secondary hover:visited:text-foreground-primary\" rel=\"nofollow noopener\" target=\"_blank\">posting a $174 million profit<\/a> for the year to June.<\/p>\n<p class=\"[&amp;_em]:font-serif-text-italic [&amp;_cite]:font-serif-text-italic\">In that same period the bank grew lending by $3.1 billion, and deposits by $2.4b, but net profit was down $191m, the union said.<\/p>\n<p class=\"[&amp;_em]:font-serif-text-italic [&amp;_cite]:font-serif-text-italic\">&#8220;A $174m profit is a strong result by anyone&#8217;s measure. Kiwibank can&#8217;t point to a smaller number than last year and pretend times are tough,&#8221; Danaher said in a statement.<\/p>\n<p class=\"[&amp;_em]:font-serif-text-italic [&amp;_cite]:font-serif-text-italic\">&#8220;This bank is growing faster than its competitors and telling everyone it&#8217;s investing more than ever. Then it turns to the people who actually do the work and offers them 2.25 percent. That doesn&#8217;t add up.<\/p>\n<p class=\"[&amp;_em]:font-serif-text-italic [&amp;_cite]:font-serif-text-italic\">&#8220;Kiwibank workers open the accounts, answer the phones, and helped nearly 8000 people into homes this year. They need a pay rise that lets them keep up with the cost of raising a family.&#8221;<\/p>\n<p class=\"[&amp;_em]:font-serif-text-italic [&amp;_cite]:font-serif-text-italic\">Kiwibank said in a statement there were 109 people involved in the strike, &#8220;around 4 percent of our workforce&#8221;.<\/p>\n<p class=\"[&amp;_em]:font-serif-text-italic [&amp;_cite]:font-serif-text-italic\">&#8220;We remain committed to reaching an outcome that is fair and works for our people and our business,&#8221; a Kiwibank spokesperson said.<\/p>\n<p class=\"[&amp;_em]:font-serif-text-italic [&amp;_cite]:font-serif-text-italic\">&#8220;Our services will operate as normal during the two-hour period.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"Kiwibank workers around the country are set to strike for two hours over a pay increase offer of&hellip;\n","protected":false},"author":2,"featured_media":635476,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[138,111,139,69],"class_list":["post-635475","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/635475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=635475"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/635475\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/635476"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=635475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=635475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=635475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}