Rising corporate profits major factor in Australia's escalating inflation, report finds - The Guardian


7/17/2022 12:00:00 AM2 years 9 months ago
by Josh Butler

Wage growth is at record low levels, while the profit share is at a near-record share of GDP, according to analysis from the Australia Institute

Wages have had little or no effect on Australias inflation rate in the past three years, according to new economic analysis from a leading thinktank. As the treasurer, Jim Chalmers, rubbished what h… [+4263 chars]

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