Profits up, wages down in today's Australia - The Saturday Paper

7/1/2022 12:00:00 AM2 years 10 months ago
by Claire Connelly
by Claire Connelly
It takes a special kind of chutzpah to expect Australian households, already struggling to cover the increased cost of essentials, to shoulder the burden of higher interest rates as the “only” way to drive down inflation. Yet this is the strategy in place.
It takes a special kind of chutzpah to expect Australian households, already struggling to cover the increased cost of essentials, to shoulder the burden of higher interest rates as the only way to d… [+9938 chars]
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