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ANZ Bank management has painted its latest restructure as an “exciting
chapter” for the business.
But an email sent to staff also told them their jobs may no longer be around.
ANZ announced in May this year it was implementing a new way of working so
that it can respond more quickly to changing customer expectations and
continue to improve efficiency.
On Thursday, the company spoke to staff in the head office of its Australia
Division, mostly based in Melbourne, about what the restructure means and
how to apply for roles in the new structure, an ANZ spokesman said.
A man claiming to an ANZ team leader who spoke on the condition of
anonymity said his workplace was almost deserted by 2pm on Thursday after
the announcement and the email sent by ANZ Group executive Fred Ohlsson.
The team leader said colleagues were “very upset” and the majority of them left
for the day after the restructure update.
“The morale and engagement after the meetings today was horrible. It actually
looked like we left a funeral,” he told news.com.au.
“In my team and by 2pm everyone left for the day. People are walking around
talking to each other. Some people said they would put their new home plans on
hold.”
An ANZ spokesman said: “While we expect around 200 roles may ultimately be
made redundant, we will be working hard to find those affected different roles
in other parts of the business. This represents less than 1.5 per cent of staff in
our Australia division”.
Ohlsson’s email tried to allay staff fears with an upbeat tone but conceded that
some team members would be concerned about the changes.
“I know for some of our teams, there is a great deal of excitement that we are
moving to the next stage, but I’m also mindful that there are others who are
concerned about what’s next,” the email said.
“This email confirms that your current position will no longer exist once we
move into our New Ways of Working structure. I strongly encourage you to
express an interest in the new positions created in the new structure. (Please
don’t forward this email, as it may provide some confusion).”
ANZ is not alone in the finance industry to undertake a significant restructure in
recent years. AMP, NAB, Westpac, Commonwealth Bank and Suncorp have all
regularly undertaken similar restructures where staff were forced to reapply for
their positions.
ANZ’s restructure will overhaul its management structure, making it more
“agile”. It will also restructure the Australia Division into 150 teams to make it
more flexible.
“There are no changes for customer-facing staff in our branches, call centres
and business centres," the spokesman said.
“We are working closely with all our head office people, including those on
leave, to make sure they understand how the changes impact them and what role
in the new structure they are best suited.”
For President Trump, it has been a week to forget.
Even by the standards of a White House beset by multiple investigations,
routine allegations of ethical lapses and an agenda that, in and of itself, keeps
news organizations struggling to keep pace, the seven-day span from Friday,
Feb. 23, through Friday, March 2, stands out.
Friday, Feb. 23
In a speech to the Conservative Political Action Conference (CPAC), Trump
announced new U.S. sanctions against North Korea, and said that if those don’t
work, “we’ll have to go ‘phase 2’ and phase 2 may be a very rough thing, may
be very, very unfortunate for the world. But, hopefully, the sanctions will
work.”
As the nation continued to grieve for the victims of the Parkland, Fla., high
school massacre, Trump reiterated his view that arming teachers would deter
shooters, despite news reports confirming that a uniformed sheriff’s deputy on
duty at Marjory Stoneman Douglas High School failed to take action against the
shooter.
“A teacher would have shot the hell out of him before he knew what happened,”
Trump said at CPAC.
But Friday’s real bombshell came from special counsel Robert Mueller, who
obtained a guilty plea from former Trump aide Rick Gates as part of a deal that
ratchets up pressure on former Trump campaign manager Paul Manafort. The
cooperation of Manafort, who has been indicted on a variety of bank, tax and
conspiracy charges but maintains his innocence, is considered key to Mueller’s
investigation into ties between the campaign and the Russian government.
The House Intelligence Committee released a redacted Democratic memo that
rebutted claims made in an earlier Republican memo of FBI surveillance abuses
during the campaign.
“The Democratic response memo released today should put to rest any concerns
that the American people might have as to the conduct of the FBI, the Justice
Department and the FISC,” Rep. Adam Schiff, D-Calif., said in a statement.
Indeed, the new memo undercut several of the claims made in the GOP version,
including the most significant: that a FISA court granted a warrant to surveil
former Trump campaign foreign policy adviser Carter Page based on the so-
called Steele dossier.
With the memo dominating headlines, Trump headed for a safe harbor: An
interview with Fox News’ Jeanine Pirro, during which he lashed out at Schiff,
calling him a “total phony” and a “bad guy,” and then blamed his own Attorney
General Jeff Sessions for not investigating the Democrats on the committee.
During a meeting with many of the nation’s governors at the White House on
how to make schools safer from mass shootings, Trump made news with the
announcement that he had secretly met with National Rifle Association leaders
Wayne LaPierre and Chris Cox over the weekend. The president then summed
up his get-together with the NRA officials:
“Don’t worry about the NRA, they’re on our side,” Trump said. “Half of you
are so afraid of the NRA, there’s nothing to be afraid of.”
During that same meeting, Trump raised eyebrows when imagining how he
would have responded to the shooting at Marjory Stoneman Douglas High
School.
“I really believe I’d run in there, even if I didn’t have a weapon,” Trump said. “I
think most of the people in this room would’ve done that too. Because I know
most of you. But the way they [the sheriff’s deputies who failed to confront the
shooter] performed was really a disgrace.”
With critics blasting his statements on the Parkland school shooting, another
long-simmering potential conflict came to full boil: the status of Jared
Kushner’s security clearance, which reportedly was downgraded from “Top
Secret” to “Secret” — a virtually useless designation for a top presidential aide
— as part of chief of staff John Kelly’s housecleaning of White House staffers
who had not cleared their FBI background checks.
The New York Times also reported that Trump’s Department of Housing and
Urban Development secretary, Ben Carson, had purchased a dining room set for
$31,000 using taxpayer funds.
Also Tuesday, White House communications director and Trump confidante
Hope Hicks testified before the House Intelligence Committee that she had, on
occasion, been required to tell white lies for the president. Hicks also followed a
similar script to that of former White House chief strategist Steve Bannon in
citing executive privilege when asked questions about the transition period
between Trump’s election and inauguration.
A mid-September trial date was set for Manafort, meaning that his high-stakes
case will officially overlap with the final months of the 2018 midterm elections.
The judge also reprimanded Manafort for violating a gag order and speaking
about the charges against him publicly. With the investigation gaining steam
and Mueller having secured the cooperation of a third aide to Trump’s
presidential campaign, the president again took to Twitter to vent his
frustrations with Sessions.
The day’s biggest news, however, came at a White House meeting with
Congress on the subject of making schools safer. Again and again, Trump
confounded lawmakers by appearing to embrace Democratic positions on
background checks and raising the legal age for purchasing some weapons. He
went so far as to recommend seizing guns from people suspected of dangerous
tendencies without a court order — a prima facie violation of the Fourth
Amendment that drew the wrath of Trump’s staunchest supporters.
Late Wednesday, the White House suffered another blow, when Hicks surprised
political observers in announcing she was stepping down from her role as
communications director. Hicks, who was considered one of Trump’s closest
confidants, was the fourth person to hold that job since the administration took
office.
In a relatively minor Trump administration scandal, EPA head Scott Pruitt
announced that he would no longer fly first class on government business. Like
Carson’s lavish furniture purchase, Pruitt’s travel budget had come under fire,
furthering the perception that the president had not drained the Washington
swamp.
Meanwhile, Trump continued to sow confusion about his position on gun
control, holding a second meeting with the NRA in a week. Officials of the
organization hastened to assure its members that the president did not really
believe what he had clearly stated the day before.
Reportedly “unglued” over the flood of negative headlines in recent days,
Trump abruptly called a meeting to announce Thursday that he was imposing
tariffs on steel and aluminum, catching members of his own administration off-
guard. The stock market sagged and many Republicans were nonplussed at the
news. Perhaps no rebuke was stronger than that issued by the Wall Street
Journal, whose lead editorial began, “Donald Trump made the biggest policy
blunder of his Presidency Thursday by announcing that next week he’ll impose
tariffs of 25% on imported steel and 10% on aluminum.”
The president further alarmed Republicans and Democrats alike Friday with
tweets that seemed to bespeak a deep misunderstanding of trade deficits and
economic policy.
As predicted, the European Union announced that it would impose retaliatory
tariffs on U.S. goods, such as Harley-Davidson motorcycles, Levi’s blue jeans
and bourbon whiskey in response to Trump’s steel and aluminum tariffs.
After the Stoneman Douglas High School shooting, the nation and President
Donald Trump have discussed the possibility of arming teachers. Callisburg
Independent School District, situated near Gainesville, Texas, is one of 172
school districts in Texas with a program allowing teachers to be armed,
according to a report from CNN. As part of the “Guardian Plan,” implemented
four years ago after the Sandy Hook shooting, voluntary staff members are
allowed to carry concealed firearms in the school building. These individuals
also go through annual training by learning basic gun safety and simulating
active shooter scenarios with a professional.
The nominees are Mary J. Blige, "Mudbound," Allison Janney, "I, Tonya,"
Laurie Metcalf, "Lady Bird," Lesley Manville, "Phantom Thread," and Octavia
Spencer, "The Shape of Water."
Travers mentioned that there was one woman he thought would score a
nomination, Tiffany Haddish in "Girls Trip." "She just blew everyone away," he
said, "but Academy voters tend to not go for comedy."
What they do go for is "super serious" performances like Blige in "Mudbound,"
who Travers highlighted not just for her role playing a mother but her second
nomination in the best song category for "Mighty River." He went on to add,
"It's a good year for her."
But the winner of this category will come down to two other actresses who
played mothers, Metcalf and Janney.
"The favorite in this category is Allison Janney," Travers said. "She is the
mother from hell as Tonya Harding's mom who has given this child nothing but
abuse through her entire childhood and it set her out there into the world.
Allison Janney does nothing, absolutely nothing, to make this character
sympathetic."
The long shot, he said, is Metcalf, who plays a super-strong mom who loves her
daughter despite their constant bickering. "She is one of the consummate
actresses that we have out there. So Allison Janney has competition. Again,
super-strong women," he said.
The nominees are Timothée Chalamet, "Call Me by Your Name," Daniel Day-
Lewis, "Phantom Thread," Daniel Kaluuya, "Get Out," Gary Oldman, "Darkest
Hour," and Denzel Washington, "Roman J. Israel, Esq."
The rise of the Me Too movement has impacted this category, as well. Travers
said if not for sexual misconduct allegations arising after his Golden Globe win
for "The Disaster Artist," star James Franco would have earned a nomination.
"It's a very tough code of ethics that's going on out there. And I think Franco fell
prey to that," he said.
That doesn't take away from the favorite in this category, Oldman, for his
performance as Winston Churchill.
"Again, one of the great actors of our time who has never won an Oscar, has
only been nominated once before for 'Tinker Tailor Soldier Spy,' and who in
this performance where he's not even recognizable -- he's covered up, he's got
makeup -- and yet he makes every living, breathing moment that he's on screen
amazing," Travers explained in a case for Oldman.
He also gives the long shot to Chalamet. "This is a 22-year-old actor, one of the
youngest ever to be nominated for best actor at the Oscars," Travers said. "And
everything about that performance works because it touches you. It speaks to
you and it says something important about who we are as people. So this is a
contest out there."
The nominees are Willem Dafoe, "The Florida Project," Woody Harrelson,
"Three Billboards Outside Ebbing, Missouri," Richard Jenkins, "The Shape of
Water," Christopher Plummer, "All the Money in the World," and Sam
Rockwell, "Three Billboards Outside Ebbing, Missouri"
The nominees are once again a reflection of the reckoning in Hollywood and
beyond. Travers points to Plummer, who reshot the role of J. Paul Getty after
the film's original star, Kevin Spacey, was accused of multiple allegations of
sexual assault.
"Plummer has a lot of heat going on him for doing that, for being brave enough
to do it and for doing it so superbly," Travers said.
But he said the favorite is Rockwell, despite the controversy over him playing a
racist cop.
"He plays a racist cop in a way that makes us understand where the racism
comes from," Travers said. "I really can't stand the criticism that says, 'because
he's playing this character, he must be one himself' -- which is such nonsense...
He makes something human out of somebody so deeply flawed."
Travers added that the long shot is Dafoe, as a manager of a live-in motel on the
outskirts of Disney World. "It's really, really a great performance by a great
actor," he said.
Neither Dafoe or Rockwell have won an Oscar. "So it's pretty tight," Travers
said, "but I'm going to go with Sam Rockwell there."
The nominees are Christopher Nolan, "Dunkirk," Jordan Peele, "Get Out," Greta
Gerwig, "Lady Bird," Paul Thomas Anderson, "Phantom Thread," and
Guillermo del Toro, "The Shape of Water."
For only the fifth time in Oscar's 90-year history, a black man and a woman
have been nominated for best director.
"We're seeing basically two people who the Academy had sidelined before in
terms of being a woman or being an African-American in this world and said,
'We don't want to listen to you,'" Travers said. "And, now, they have to be
listened to."
The favorite to win, however, is del Toro. "Anything that he does has a visual
majesty to it," Travers said. "He's talented and a true human being."
The long shot is no new kid on the block. Nolan, Travers said, has "been around
and been doing terrific work in his career" but has never been nominated before.
Prentice Halls Federal Taxation 2016 Corporations Partnerships
Estates and Trusts 29th Edition Pope Solutions Manual
Full download:
http://testbanklive.com/download/prentice-halls-federal-taxation-2016-
corporations-partnerships-estates-and-trusts-29th-edition-pope-solutions-
manual/
Prentice Halls Federal Taxation 2016 Corporations Partnerships
Estates and Trusts 29th Edition Pope Test Bank
Full download:
http://testbanklive.com/download/prentice-halls-federal-taxation-2016-
corporations-partnerships-estates-and-trusts-29th-edition-pope-test-bank/