Senate debates Questions without Notice

Inflation


Nick McKim

Nick McKim Tasmania, Australian Greens

2:18 pm

Minister, there are indeed a range of factors driving inflation. But, last week, the European Central Bank echoed many others by saying that corporations with market power are using supply shocks as cover to increase their margins. What is the government doing to stop corporate profiteering? Why won't the government introduce a corporate super profits tax or monopoly busting divestiture powers?

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