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Note Printing Australia locked out half its work force this morning in retaliation for ongoing industrial action by the AMWU, provoking the remaining workers to go on a one-day strike in support.

The workers will return on Monday maintaining their ongoing work bans on overtime and software implementation. They’re demanding a pay rise from the NPA, whose board of directors is made up of Reserve Bank members. The prolonged negotiations are snagged on a difference of one per cent with the union demanding 3.5 per cent to the NPA’s offer of 2.5 per cent.

According to Mick Bull, AMWU organiser, this morning’s picket was the result of the company’s actions. “We’re open to negotiations with the board but they won’t meet us. They only send their HR people who don’t have any authority to negotiate,” he said.

A petition signed by the entire workforce demanding a meeting with the Board was presented to the company. The enterprise bargain at the Craigieburn plant covers three unions, with the majority, 120 workers, belonging to the AMWU. One hour industrial stoppages are planned to continue with the threat of further escalation next week. A mass meeting of workers voted to continue the bans.

Bull points out what he terms the hypocrisy of Reserve Bank governor, Philip Lowe, who’s on record as encouraging workers to demand largest pay rises. He is reported to have told politicians that average annual wage increases need to be about 3.5 per cent to achieve average inflation of 2.5 per cent, the middle of the bank's target.

NPA was contacted but didn't get back with any comment or explanation before deadline.

The industrial strife comes as NPA is congratulating itself on completing the ‘next generation banknote’ series (NGB) with Malcolm McDowell, CEO, claiming the production and issue of the complex banknotes highlights the company’s ability to industrialise innovative new security technologies, and high-end security printing. NPA took part in the international SUSI Optics Specimen Note project along with suppliers LenSys, KBA NotaSys, SICPA and KURZ. In addition to printing Australian banknotes and currency for such countries as Singapore and Chile, NPA also produces Australia’s passports.

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