Wanna Know Why Lettuce Is So Expensive? Rising Corporate Profits

Turns out inflation and the cost of living in Australia aren’t actually affected by wage increases — despite what some business owners and CEOs would like you to believe — but in fact soaring corporate profits is the dominant factor, according to a new report. The Australia Institute released a report on Monday titled Are Wages or Profits Driving Australia’s Inflation

Australia’s most vulnerabe people a $1 an hour pay riseInnes Willox“inflation and interest rates death spiral”Jim Chalmersrecommended a 5.1 per cent minimum wage increasemassive pay riseGerry Harveyhit him with this report

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