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The New Daily
The New Daily
Business
Matthew Elmas

Wages or profits? What’s to blame for sky-high inflation?

10 News First – Disclaimer

As the cost-of-living crisis takes a turn for the worse, debate is raging about the role corporate profits have played in delivering the highest inflation rate in three decades.

As covered previously by The New Daily, analysis by the Australia Institute stated massive profits posted by big business since COVID have driven prices higher for families nationwide.

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