Profits have driven inflation while wages lag behind, argue economists

Economist Jim Stanford argues workers are being targeted as the solution for Australia's inflation problem, even though they did not cause it. (ABC News: Claire Moodie)

Increasing profits going to corporate Australia have accounted for more than two-thirds of the nation's inflation problem, according to new research from the Australia Institute.

Dr Jim Stanford, director of the Australia Institute's Centre for Future Work, said his research provided further evidence corporate Australia was profiting more than suffering from rampant inflation.