Nick McKim (Tasmania, Australian Greens) Share this | Hansard source

Minister, today in his speech to the Anika Foundation, RBA Governor Dr Philip Lowe yet again failed to acknowledge the role of corporate profits driving inflation—and, I might reflect, neither did you in your answer. Yet in July Dr Lowe said workers should anchor their expectation of wage increases at 3.5 per cent, well below inflation. Are you comfortable with an RBA governor jaw-boning down wages but saying nothing about corporate profits?