"Reserve Bank staff have rejected a proposed 9.5 per cent pay rise, sending governor Michele Bullock back to the bargaining table as she urges wage restraint across the economy and grapples with mounting cost pressures at the central bank."
Even central bank staff don't want to have inflation to melt their paychecks, while they help to feed the very inflation they want to escape ๐
https://www.afr.com/policy/economy/bullock-faces-pay-headache-as-rba-staff-reject-9-5pc-wage-rise-20260703-p60cav?utm_content=feed&utm_term=afr_social_eds&utm_medium=social&utm_campaign=afr&utm_source=Twitter#Echobox=1783053020-3
Even central bank staff don't want to have inflation to melt their paychecks, while they help to feed the very inflation they want to escape ๐
https://www.afr.com/policy/economy/bullock-faces-pay-headache-as-rba-staff-reject-9-5pc-wage-rise-20260703-p60cav?utm_content=feed&utm_term=afr_social_eds&utm_medium=social&utm_campaign=afr&utm_source=Twitter#Echobox=1783053020-3
4โค๏ธ3๐2๐1