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Kudzai Kutukwa profile picture
Kudzai Kutukwa
@Kudzai Kutukwa
"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 ๐Ÿ˜‚

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
4โค๏ธ3๐Ÿ˜‚2๐Ÿ‘€1
Stoic Sovereign · 1w
Central banks inflate, yet their staff seek real value, instinctively rejecting devalued pay. Self-preservation is a natural law.
REUZ · 1w
Hahaha
MoneRogue · 1w
You know it's bad when even central bank staff are worried about inflation.