We rejected RBA’s substandard offer! Next steps

03 July 2026

The results are in, and a majority of us voted NO to the RBA’s substandard offer for a new Enterprise Agreement!

Congratulations – this is the first important step to securing the agreement we all deserve.

The bank’s offer contained an unacceptable pay offer that would have left our wages falling further behind inflation and other comparative workplaces. This no vote sends a strong message to the RBA that they need to do better.

What’s next?

The RBA has informed our union that they will soon be in touch to recommence negotiations. RBA Executive must demonstrate that they have listened to us by improving their offer – specifically, we will be seeking a cost-of-living pay increase as soon as possible.

Please register and attend our brief FSU meeting next week to hear about where we go from here and what this result means for you:

Tuesday 7 July, 12.30pm (AEST)

Remember, voting no is a big win, but we need to continue to work and stand together. Only then can we shift management’s position.

That starts with joining our union to ensure you are protected and supported through this next important phase. If you’re not yet a member of the team that’s fighting for better pay and conditions at the RBA, now is the time to join.

Congratulations once again on voting no and progressing to the next stage of securing a better offer.

RBA employees recently met to discuss management’s proposed Enterprise Agreement and determined not…

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