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Shoppers browse at a Sears Canada store in Toronto in October after the company began liquidation sales. Its retirement funds are short $308 million, forcing a 19 per cent cut to employee pensions. (THE CANADIAN PRESS/Nathan Denette)

Sears Canada tarnishes the gold standard of pensions

Sears Canada's bankruptcy should alert employees and regulators alike to rethink defined-benefit pensions.
Labor’s Chris Bowen says Australian workers are doing it tough. AAP Image/Tracey Nearmy

FactCheck: is wage growth at record lows?

Shadow treasurer Chris Bowen said Australian wages growth is at record lows. Is that true?

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