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Economic Bulletin

Unions as a public good

Union members benefit from a pay premium and other advantages resulting from their collective action and voice. But do unions provide a wider benefit to society over and above what they do for their members?

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The union pay premium, 2019

In July, the Centre for Labour, Employment and Work (CLEW) at Victoria University released their annual analysis of collective employment agreements (CEAs). It shows again that people who are part of a collective get better pay rises: the union pay premium.

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