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Economics3h 28m ago

The Reserve Bank has rebuffed union demands to guarantee employees the right to work from home and protect wages against inflation.

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Australia

Who
Reserve Bank, Finance Sector Union, staff
What
The Reserve Bank has rebuffed union demands to guarantee employees the right to work from home and protect wages against inflation.
When
Sun, 14 Jun 2026 04:32:28 GMT · 3h 28m ago
Where
Australia ·
Why
The Reserve Bank's refusal to meet union demands sets the stage for another potentially bitter pay dispute with staff.
The Frontline Impact

How this affects you

The central bank's offer of a 9.5 percent pay rise over three years, while rejecting demands for a 12.5 percent increase and inflation protection, could lead to further industrial tensions affecting the Reserve Bank's operations.

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