Inflation will be back in bargaining

2 per cent pay offers will start looking small  

Enterprise bargaining is sufficiently stalled at Western Sydney U for union members to consider industrial action. The National Tertiary Education Union will ask the Fair Work Commission to authorise a vote on protected industrial action. Issues are job security, workloads and a pay-rise.

WSU Management is offering 1.6 per cent a year over the agreement – which all of a sudden does not seem like much, what with inflation back.

The Reserve Bank predicts a CPI  increase of 3.75 per cent in the June quarter dropping to 2.75 per cent by mid 2024.