NSW Raises PS Wages but Caps Remain
The NSW Government, via a press release, has announced it will raise its 2.5% wage ceiling to 3% next financial year and up to 3.5% in 2023-24, in the face of incomes falling behind consumer price inflation and scheduled industrial action. The revised caps would apply to industrial instruments struck after July 1. The 3% rise would apply for the next two years, while a further 0.5% will be available in 2023-24 "for employees that make a substantial contribution to productivity-enhancing reforms", but the Government provided no further detail on what that might entail.