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Bargaining decline to blame for half of wage plunge: Report
The past decade's decline in agreement coverage from 23% to just 12% of workers explains about half of the coincident reduction in wages, while the Secure Job's Bill's changes to bargaining, agreement termination and the FWC's powers are likely to almost restore coverage and boost wage growth by 1.6 percentage points a year, according to Centre for Future Work analysis.
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