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This blog regularly talks about profits, and seeks to explain why understanding profits is so important to truly understand what is happening in economies, both national and global.
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See AllLast 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 industrial awards went up by $40 in the lower pay levels and then b
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For labour movement activists this article by Greg Jericho in today's Guardian online is a very useful description of some of what is going on in the interplay between wages, profits, interest rates a
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