Original article by Michael Read
The Australian Financial Review – Page: 1 & 4 : 8-Jan-25

The federal public service wages bill increased by 11.7 per cent in 2023-24, due to wage rises and the addition of about 15,000 new staffers. The Treasury’s forecasts suggest that the public service wages bill is set to increase by another 10.8 per cent in 2023-24; however, the federal government’s recent mid-year budget update assumes that annual growth in the public services wages bill will then remain flat at $30 billion for the following three financial years. This forecast is at odds with the government’s latest enterprise agreement for public servants, which featured a pay rise of 11.2 per cent over the three years to March 2026.

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AUSTRALIA. DEPT OF THE TREASURY