The RBA\u2019s belated acknowledgement of corporate price gouging under the cover of inflation should prompt the Labor Government to introduce a super profits tax, the Greens say.<\/p>\n\n\n\n
\u201cWe welcome Governor Michele Bullock\u2019s recognition of what has been painfully clear to Australians for a long time now – corporations are gouging consumers,\u201d Greens Economic Justice Spokesperson Senator Nick McKim said.<\/p>\n\n\n\n
\u201cFor too long, corporations, particularly those with little or no competition, have used the excuse of inflation to jack up their prices and boost their own bottom lines.\u201d<\/p>\n\n\n\n
\u201cThis is disgraceful behaviour and it needs to stop.\u201d
\u201cLabor needs to stop running interference for its corporate mates, introduce a super profits tax and use the revenue to pay for genuine cost of living relief like putting dental and mental health into Medicare.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The RBA\u2019s belated acknowledgement of corporate price gouging under the cover of inflation should prompt the Labor Government to introduce a super profits tax, the Greens say. \u201cWe welcome Governor Michele Bullock\u2019s recognition of what has been painfully clear to Australians for a long time now – corporations are gouging consumers,\u201d Greens Economic Justice Spokesperson … Continue reading “RBA BELATEDLY ACKNOWLEDGES CORPORATE PRICE GOUGING”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25242","post","type-post","status-publish","format-standard","hentry","category-uncategorised"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/25242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=25242"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/25242\/revisions"}],"predecessor-version":[{"id":25243,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/25242\/revisions\/25243"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=25242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=25242"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=25242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}