Originally Posted by
Steely Dan
...$200k, 1% pay rises and no credit for Reserve duties....mmmm. If this is voted up, it sets the path for the entire industry.
also don’t forget that the proposed EBA does not include any compensation for CPI increases.
currently the USA and many EU countries experience inflation levels in excess of 5%.
if during the next three years Australian CPI is 4% than straight away 12% pay reduction is achieved by the company .
so even if the next EBA of 2024 a 10% pay rise is achieved than effectively we are back at square one.