NSW public servants need to learn shared sacrifice

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NSW public servants are considering industrial action after the Industrial Relations Commission (IRC) granted them pay rises of only 0.3%:

The wages of more than 400,000 public sector workers will increase by 0.3 per cent over the next 12 months, after a ruling by the NSW Industrial Relations Commission (IRC).

The NSW Government in May moved to freeze wages for one year due to the economic impacts of COVID-19, in an effort to save the state $3 billion.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.