Warning given over trans-Tasman example.
The Australian Council of Trade Unions (ACTU) has warned against further interest rate rises, estimating that almost 900,000 fewer Australians would be in full-time work if the increases continue.
In October 2026, the ACTU released a report, A Tale of Two Strategies. The report highlighted how New Zealand’s tactic of interest rate increases and public sector cuts saw a dramatically worsened economy.
ACTU Secretary Melissa Donnelly led a protest outside the Reserve Bank on 3 November 2026 urging interest rate restraint.
The Public Service Association of NSW and Community and Public Sector Union (SPSF Group) NSW Branch acknowledges the Traditional Custodians of the lands where we work and the places in which we live. We pay respect to Ancestors and Elders, past, present and future. We recognise the unique cultural and spiritual relationship and celebrate the contributions of first nations peoples to Australia.
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