Soaring corporate profits fuel inflation and shrink wages
Corporate profits have continued to soar, driving inflation while effectively reducing workers’ wages. The findings from the Australia Institute’s Centre for Future Work found salaries have not kept up with inflation … Continued
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The New Daily
September 21, 2023
New research points the finger at excess corporate profits as a core driver of inflation and says there’s scant evidence of a wage-price spiral in the Australian economy. Numbers crunched … Continued
