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Story summary
- RBA rejected staff’s request for a real pay rise and backpay.
- Governor Michele Bullock announced a rate hike while noting workers face real wage cuts.
- RBA offered a 9.5% three-year raise—3.7% now, then 3% and 2.8%.
- Finance Sector Union national secretary Julia Angrisano called the offer unacceptable and warned of resignations.
