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

Millions of Australians are getting smashed by high inflation and the high interest rates that follow from that. Do you know who's not getting smashed? The big corporations who are making obscene profits, which are actually driving inflation up. What is Labor doing about this? Absolutely nothing. Labor is refusing to go after the big corporates who donate so generously to Labor Party coffers, refusing to take on their greed and their profiteering, and refusing to take action that would help reduce inflation. A corporate super profits tax would remove the incentive for corporations to profiteer. Make price gouging illegal to stop the big corporations price gouging. Break up the supermarket duopoly and put more competition into the supermarket sector. The result will be cheaper food and grocery prices. Freeze rent increases. Provide some relief to renters.

If Labor did these things, it would allow the RBA to bring down interest rates, providing relief to mortgage holders. The Australian Greens stand ready to take on the big corporations, in this place. It's just a crying shame that the Labor Party is not ready to join us.