NBN Bargaining Update : 10 January 2025
Your Union and bargaining representatives met with NBN yesterday for the first bargaining session of 2025, for a new NBN Enterprise Agreement (EBA). As anticipated late last year, the Union was eager to receive NBN’s pay proposal before moving forward with discussions. Yesterday, NBN presented its wage offer for the new agreement as follows:
- 4% wage increase from the first full pay period commencing on or after 1 July 2025
- 4% wage increase from the first full pay period commencing on or after 1 July 2026
- 3.4% wage increase from the first full pay period commencing on or after 1 July 2027
NBN justified its offer by referencing the current economic climate, asserting that they believe it is appropriate, competitive, and aligned with wage increases seen in both the private and public sectors across Australia. In terms of the overall offer, NBN highlighted that there would be no reduction in current terms and conditions under the new EBA. They highlighted the legislated 0.5% superannuation increase set for 1 July 2025 (raising the Superannuation Guarantee to 12%) and reiterated their commitment to supporting flexible work by including words to this effect in the new EBA.
The Union provided a preliminary view that the offer fell short and would not be accepted by the membership. The Union believes that this offer fails to meet members' expectations and does not account for the persistently elevated high cost of living. Additionally, several claims put forward on behalf of members have been dismissed by NBN, further highlighting the inadequacies of this offer.
The Union informed NBN that it will seek feedback from its members before providing a comprehensive response to the offer at next weeks’ meeting.
The Union will continue to keep members updated as negotiations progress.
