Business
Public servants’ pay to be linked to private sector wages – Sydney Morning Herald
Commonwealth public sector workers will only get pay rises in line with the private sector and senior staff will face a wide-ranging review of their bonuses.
Wage growth is tipped on both federal government and Reserve Bank figures to remain subdued for years, and the federal budget papers expected wages to increase at a slower pace than inflation for 2020-21, which would mean a real wage cut.
“This will ensure that wage increases for Commonwealth public sector employees will be in step with their fellow Australians,” Assistant Minister to the Prime Minister and Cabinet Ben Morton said.
“By removing the existing 2 per cent cap, the wages of Australian…
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