NSW government offers 400,000 public sector workers a 10.5% pay rise over 3 years, including superannuation increase, costing $3.6bn.

NSW government offers 400,000 public sector workers a 10.5% pay rise over three years, including a mandatory increase in their superannuation payments. The move is expected to provide certainty for frontline workers. The deal, which would cost around $3.6 billion, is accounted for in the last budget's essential services fund. Treasurer Daniel Mookhey states that the government can afford this investment due to paying less creditors and being able to pay essential workers more.

May 19, 2024
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