Ahead of today’s interest rate rise, your regular reminder:
Corporate profits are driving inflation, not wages.
Your rent or mortgage is going up and your wages are stagnant but don’t worry: BP, Shell, Woodside, CBA & NAB just banked *obscene* record profits.
Ahead of today's interest rate rise, your regular reminder:
Corporate profits are driving inflation, not wages.
Your rent or mortgage is going up and your wages are stagnant but don't worry: BP, Shell, Woodside, CBA & NAB just banked *obscene* record profits.
— Adam Bandt (@AdamBandt) March 7, 2023