Interest Rates are Sky-High, Who's to Blame?
Follow The Money
00:00
What's Happening With Real Wages Compared to Profits?
Qantas and Woodside have announced record profits. Analysts say double digit jumps in the big two supermarkets' profits are unprecedented. The corporate profits were up 10.6% in the December quarter, above inflation. A number of people on the crossbench have said we should have already had a super-profits tax in place to help households with their bills. It's a very dangerous situation that could tip over into a recession.
Transcript
Play full episode
