PHOTO: Nurse checking stats. Photo credit: Laura James
The NSW healthcare system could save over $170 million by increasing nurses’ and midwives’ wages by 15 percent, the NSW Nurses and Midwives Association (NSWNMA) said.
The findings are based on a report prepared together with professional services network Deloitte and show that due to inaccurate hospital reporting there are billions of dollars of untapped funds left in the Commonwealth revenue.
The average yearly net income for nurses and midwives is currently at $77,706, according to the NSWNMA report. A 15 percent pay rise would mean the salary for nurses and midwives would increase to $87,594…