Strike halts Australian banknote production
Unions reject 2% offer and point to governor’s call for higher wage increases
The Reserve Bank of Australia has suspended banknote production today (May 25) for the first time in a century, as a result of workers going on strike for higher wages.
The RBA’s banknote production is handled by Note Printing Australia, a wholly owned subsidiary of the central bank. The company supplies other related services to the RBA, as well as printing passports, and serves 19 other central banks across the world from its plant in the southeastern state of Victoria.
In its wage
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