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The Guardian - AU
The Guardian - AU
National
Martin Farrer

Morning Mail: inflation linked to company profits, Ukraine one year on, Australia reach T20 final

A shopper looks at the price of limes
The Australia Institute argues today that higher corporate profits are causing inflation, not wages. Photograph: Lisa Maree Williams/Getty Images

Morning, everyone. Amid much national debate about inflation, a thinktank has dismissed as a “fairytale” the idea that workers’ wage demands are causing an upward spiral of prices. On the contrary, corporate profits are to blame, their analysis shows.

The voice debate is also running hot with the Liberals upping the ante today with an attack on what they describe as Anthony Albanese’s “vanity project”. And we look back on the war in Ukraine a year after the Russian tanks rolled in.

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