"69% of that inflation is caused by excess profits from large corporations gouging higher prices." It's always great to see our research out in the world! Cheers to Alan Gray from Bush Money Mob for mentioning our research into the profit-price spiral on The Drum! Full report here: https://australiainstitute.org.au/report/profit-price-spiral-the-truth-behind-australias-inflation/ | The Australia Institute
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The CEO of Coles's excuse for sky-high prices at the supermarket is...Australia is bigger than the UK? Doesn't make much sense to us either. | The Australia Institute
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The Federal government will unveil a major supermarket shake-up to prevent excessive grocery prices. Supermarket giants could face fines up to $10 million or 10 per cent of their turnover if found guilty of price gouging. #pricegouging #federalgovernment #coles #woolworths #Australia | 7NEWS Australia
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Large corporations are facing up to $50 million in fines under a new Greens proposal on price gouging. | Sky News Australia
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Could price gouging during a crisis actually be moral?
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There is “no evidence” to support claims of “systematic price gouging” from supermarket chains, says Judo Bank Chief Economic Advisor Warren Hogan. | Sky News Australia
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Tenants Queensland Chief Executive Penny Carr says “price gouging” in the housing market won’t be fixed by limiting rent increases to once a year, but it will make a difference for some renters. Watch the full episode at www.skynews.com.au/flash | Sky News Australia
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