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The Guardian - AU
The Guardian - AU
Business
Greg Jericho

Cost-of-living crisis? You wouldn’t know it by looking at these companies’ profits

LNG storage tanks at Bladin Point in Darwin seen across the water
It sure is good to know Inpex’s profits are going to reach a record high due to the Ichthys LNG project, given how much it pays in tax: $0, writes Greg Jericho. Photograph: Darren England/AAP

It is always quite striking just how greatly the overseers of the economy defend the status quo in order to ensure company profits keep rising.

Right now, Australians are suffering from a cost-of-living crisis.

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