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HomeNewsAre cooperatives and mutuals one answer to Australia's weak wages growth?

Are cooperatives and mutuals one answer to Australia’s weak wages growth?

Recent figures show businesses have increased their profits much faster than their workers’ wages, with finance leading that shift. But there is one sector of the finance industry where workers have maintained an above-average share.

It is the cooperative and mutuals sector, where businesses are generally owned by their customers, or are sometimes a collective of producers or workers.

After reading a recent ABC News story that reported on the falling share of national income going to wages, and the rising share to profits, the lobby group for the sector,…

Read more at www.abc.net.au

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