Mastodawn

[Edited to correct quoted source]
Well, what do you know… corporate #Grifters are at it again. #Greedflation is lining up to bat again.

“New analysis of the national accounts reveals that all of the increase in inflation in the latter half of 2025 was due to increased profits, rather than inflationary pressures from a tight labour market or rising labour costs (Source Greg Jericho & David Richardson — Tue 24 Mar 2026 10.00 The Point)

#AusPol #economics #Inflation #Employment #Wages

Profit push is back: the increase in inflation is due to profits

New analysis of the national accounts reveals that all of the increase in inflation in the latter half of 2025 was due to increased profits, rather than inflationary pressures from a tight labour market or rising labour costs