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- Jun 20, 2022
- 5 min
Wage increases in the real world: an honest discussion
Last week’s Annual Wage Review (AWR) lifted the National Minimum Wage (NMW) by $40 per week, which is 5.2%. The minimum wages in our...
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- Jun 14, 2022
- 6 min
Australia’s Profits Story (part 1)
The wages and profit-taking relationship As I write this the Fair Work Commission’s (FWC) Annual Wage Review (AWR) is in its final stage....
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- Jun 9, 2022
- 2 min
Wages, prices, profits and interest rates
For labour movement activists this article by Greg Jericho in today's Guardian online is a very useful description of some of what is...
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- May 13, 2022
- 7 min
The Reserve Bank – prodding along the next economic downturn
Recovery morphing to a downturn Last week, as we all know, the Reserve Bank hiked interest rates from 0.1% to 0.35%. It also forecasts...
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- Apr 30, 2022
- 3 min
It’s the stupid economy, everyone!
Unemployment, inflation, and climate change Here is my go at a “zero stats” summing up of the economy in the context of the federal...
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