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AAP

Business

Poppy Johnston

Reserve Bank underpaid almost 1200 staff

Reserve Bank RBA Julia Angrisano

The RBA underpaid almost 1200 staff a total of $1.15m due to an error calculating entitlements. (Steven Saphore/AAP PHOTOS) (AAP)

Nearly 1200 Reserve Bank staff have been underpaid by the major economic institution.

A total of $1.15 million was owed to current and former staff due to a mistake in the way payments were calculated for leave entitlements, the RBA has confirmed.

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