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

My question is to the leader of government business, representing the Prime Minister. Minister, last week the OECD published analysis of national accounts showing that in 2022 in Australia more than half of domestic inflation came from profits, and inflationary pressure from profits was more than twice as much as that from wages. The OECD's method and findings are consistent with those of The Australia Institute. Minister, does the government think the OECD's analysis is flawed or will the government now finally accept that profits are the primary domestic driver of inflation in Australia?