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RBA denies staff a pay rise that keeps up with inflation just hours after interest rate rise
Michele Bullock concedes Australian workers are suffering wage cuts in real terms but latest EBA offer remains behind rise in cost of livingFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank rejected its own staff’s requests for a real pay rise and backpay on lost wages just hours after it hiked interest rates on Tuesday.While the RBA has repeatedly warned that inflation-matched wage growth risks pushing up consumer p
Michele Bullock concedes Australian workers are suffering wage cuts in real terms but latest EBA offer remains behind rise in cost of livingFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank rejected its own staff’s requests for a real pay rise and backpay on lost wages just hours after it hiked interest rates on Tuesday.While the RBA has repeatedly warned that inflation-matched wage growth risks pushing up consumer p
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