In 2024, PSA members voted to accept an 11.4 per cent cumulative pay offer over three years.
The 2024 pay deal included an inflation safeguard for members at the PSA’s insistence – in the form of a one-off, taxable, non-cumulative cost-of-living allowance (COLA) of $1000 (plus superannuation) should the Sydney Consumer Price Index (CPI) exceed 4 per cent in the second or third year of the deal.
Today it was announced that the Sydney Consumer Price Index (CPI) has exceeded 4 per cent in the March 2026 quarter.
This means all members covered by the 2024 MOU Pay win should receive the $1000 cost-of-living allowance (COLA) payment negotiated by the PSA as part of that deal.
The PSA is seeking a meeting with government in respect to the COLA payment.
We will keep members updated.