Employer EBA · health insurance (WA)
HBF pay and conditions are set by the enterprise agreement listed below, approved by the Fair Work Commission and sourced from its public document register. An enterprise agreement (sometimes shortened to EBA — enterprise bargaining agreement) sits on top of the underlying Modern Award for the workers it covers.
What an EBA means for HBF pay
An enterprise agreement (EA, often called an EBA) is a workplace-specific agreement between an employer and its employees — usually negotiated with a union — that sets pay rates and conditions. It must be approved by the Fair Work Commission, and the Commission can only approve it if every covered employee is better off overall than they would be under the relevant Modern Award (the "Better Off Overall Test", or BOOT). Once approved, the agreement replaces the award for the people it covers — but the award never disappears: it's the floor the agreement is tested against, and it's what applies to any HBF role the agreement doesn't cover.
An agreement past its nominal expiry date hasn't lapsed — under the Fair Work Act it keeps operating until it's formally terminated or replaced by a new one, which is why some of the agreements above can be several years past their listed expiry date and still be the live agreement.
Checking the underlying award floor for HBF? Banking, Finance and Insurance Award pay rates →
Not sure this is the right agreement, or think you're being paid less than the award requires? Run a quick check with the underpayment checker, or browse every Australian enterprise agreement we track.
Ask the advisor about the HBF agreement
“We're covered by the HBF enterprise agreement. What does it require us to pay, and where does it sit above the award?”
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