At the end of January 2018 ACPSRO developed a short paper – ACPSRO – Consumer Price Indexation (CPI) – which explains why CPI indexation is not appropriate for setting any forms of income.
Since then the ACTU has launched a major national campaign to obtain higher wages.
Now that that campaign is well underway, ACPSRO has released a 26 March media statement Why typical wage rises don’t cut it showing how it is not just defined benefit pensioners but almost all wage earners, pensioners and Centrelink beneficiaries who are suffering quite severely from the inappropriate use of CPI income adjustments over many years.
ACPSRO Media Contact
0412 164 404