“Last week, the Northern Territory government revived a 77-year-old law to force fuel retailers to provide their "full cost structure" to prove that they're not ripping off motorists.” (Source ABC)

read:https://www.abc.net.au/news/2026-04-05/stagflation-is-happening-says-a-leading-economist-australia/106525396

Why do these measures have to be taken by States/Territories while the #Federal govt sits idly by and watches? I. These times of ‘trouble’ and #EconomicUncertainties we ought to see a #National approach to the problems, nationwide regulations and legistaltion to fight #Grifting and #OpportunisticProfitTaking for the better good of all #Australians FFS.

Stagflation is already happening, a leading economist warns

With stagflation risks rising, what lessons could the treasurer learn from the past?