Morning, everyone. Amid much national debate about inflation, a thinktank has dismissed as a “fairytale” the idea that workers’ wage demands are causing an upward spiral of prices. On the contrary, corporate profits are to blame, their analysis shows.
The voice debate is also running hot with the Liberals upping the ante today with an attack on what they describe as Anthony Albanese’s “vanity project”. And we look back on the war in Ukraine a year after the Russian tanks rolled in.The deputy Liberal leader, Sussan Ley, will accuse Anthony Albanese of using the voice referendum as a “platform for an early election” and a
The RBA can control rising inflation no more than I can control Putin’s war on Ukraine!
We do need to have more discussions about how are all these big businesses making so much profit and if price gouging is a factor.
And this will be the last time we hear anything about the recent analysis tying profits to rising inflation.. the RBA, Governments and media will push this into the shadows.