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'Disappointing.'
'Joke of an offer.'
'Insulted.'

These are just a few of the words RBA members used to describe the RBA Executive Committee's pay offer at our member meeting this week.

Now, the Executive Committee has decided to put their proposed Enterprise Agreement to a ballot of all staff. They have made this decision without the agreement of FSU members.

The future of our Agreement is now in your hands - commit to vote 'no' to this unacceptable pay offer so we can continue negotiating for the pay rise you deserve.

What is the RBA proposing?

A 9.5% pay rise over three years:

• Year one – 3.5%
• Year two – 3%
• Year three – 3%

This offer falls well short of inflation, which has surged to 4.6%. The RBA Executive Committee is clearly concerned by inflation and the Governor herself has warned of a real risk to further increases.

Unfortunately, that concern doesn’t extend to RBA employees, who will fall further behind if this pay offer gets through.

The proposed pay rise for years two and three relies on inflation falling below 3%. This now appears to be very unlikely.

Here are some other things to consider:

• APS union members are currently seeking a 15% pay rise over three years or CPI, whichever is greater. When proposed, the RBA Executive Committee refused to offer a similar CPI protective measure for its own employees.
• Aware Super employees recently voted down their pay offer of 10% over three years, with negotiations for a better offer now underway.
• Care Super employees recently accepted a 10.5% increase over three years or CPI, whichever is greater.
• Voting ‘no’ to the RBA's proposal would force management to return to negotiations to discuss an improved pay offer that keeps up with inflation.

Commit to vote 'no' to management's unacceptable offer and send the RBA Executive Committee a message they cannot ignore.