Originally Posted by
union
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.