I fully support you guys but I wouldn't put to much faith in the ACTU taking instructions from the government to your advantage. The last thing the government wants is a wage breakout so I wouldn't count on any support from them for your 5%. The ACTU may be different but after waiting so long for their side to get back in to government they may not be too keen to get everybody 5% as well (of course they would be happy with 5%, but not the message it sends to everyone else).
I do believe in a profitable company with the board getting MASSIVE pay rises that you do deserve way more than 3%!!!!
It will be interesting to see the next move!
Best of luck in improving everyones working conditions!!!