Original article by Ewin Hannan
The Australian – Page: 4 : 6-Nov-25

The Australian Manufacturing Workers Union’s national secretary Steve Murphy has accused the Reserve Bank of being "out of touch" after it forecast that inflation will remain above its target range for at least six months and there will be negative real wages growth in 2026. He says the RBA blames workers, but "profit-driven price hikes" and "corporate greed" are the real problem. Murphy adds that despite the forecast increase in the inflation rate, the AMWU will be able to achieve real wages growth in upcoming negotiations for new enterprise agreements. The Electrical Trades Union’s national secretary Michael Wright says it also will continue to deliver real pay rises for its members.

CORPORATES
AUSTRALIAN MANUFACTURING WORKERS’ UNION, ELECTRICAL TRADES UNION, RESERVE BANK OF AUSTRALIA