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ABC News

Business

business reporter Rachel Pupazzoni

Corporate Australia has reported big profits as inflation has soared. Is it profiteering?

Inflation Australia Qantas John Gunn Business Coles Woolworths Bunnings David Bassanese Kmart

These experts examine if corporate Australia has been profiteering amid rising inflation. (ABC News: Alistair Kroie/John Gunn)

Soaring inflation has delivered some big winners this company-reporting season.

Rising prices have seen margins improve for some consumer-facing businesses, such as Woolworths and Qantas, higher interest rates have boosted CBA's coffers, mother nature has helped insurers such as Suncorp, and energy producers such as Woodside have benefited from the war in Ukraine.

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