0.3% increase when inflation is 6.1%!?
Last week the Albanese Government announced that it was going to take a new approach to public sector pay – acknowledging that the bargaining system we have is broken and needs serious reform. This is good news for you. While the RBA is not subject to the Federal Public Sector policy on pay we know from our recent bargaining at RBA that this policy has an enormous impact on your pay and conditions.
From this reform you’re going to get a small uptick in your pay as a result, and you get to have a say in the principles that underlie how your pay rates and conditions are determined.
Have your say now about the process here (submission by Friday 14 October).