
Profits v Wages, what's driving inflation?
Follow The Money
00:00
The Role of Oligopolies in Inflation
Research shows profits in the retail sector, particularly Coles and Woolworths, are contributing to our inflation. But there's not a definite causal link between profits and inflation. And it's amazing how increasing wages is never the answer to anyone. The Fair Work Commission just increased wages. So we need to actually make decisions right now using the data that's available.
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