Supermarkets, airlines and power companies are charging ‘exploitative’ prices despite reaping record profits
- Written by Sanjoy Paul, Associate Professor, UTS Business School, University of Technology Sydney
Australians have been hit by large rises in grocery, energy, transport, child and aged care prices, only adding to other cost of living pressures.
While extreme weather and supply delays have contributed to the increases, an inquiry into what’s causing the hikes has confirmed what commentators and consumers suspected - many sectors are...