inflation

The Guardian • inflation

Issue #2042

The bastard banks

The Reserve Bank continues to launch an assault on the working class. The fallacy that interest rate rises are going to do anything other than...

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Issue #2014

RBA and ALP want workers to pay for the crisis

After decades of wage stagnation and increasing living costs, the Reserve Bank of Australia has told workers to tighten their belts and accept further real...

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Issue #2036

Build the fightback

Decades of privatisations, job cuts and wage suppression and more recently the cuts masked by measures taken during the COVID-19 pandemic, have taken a huge...

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Issue #2010

DINGO

On 3rd June 1992 the High Court of Australia recognised that a group of Torres Strait Islanders, led by Eddie Mabo, held ownership of Mer...

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Baby eating watermelon. Issue #2067

Monopoly capital

As families struggle to put food on the table and keep up with rental and mortgage payments, profits are soaring. Inflation was running at six...

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Issue #2043

DINGO

New research from Australia Institute economist Dr Jim Stanford has confirmed that excessive corporate profits are the main driver of inflation, not wages. The research...

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Issue #2046

The fight against public service austerity

No matter how much employers want workers to understand otherwise, the COVID-19 pandemic has been a boom period for capital. Finance capital, represented most obviously...

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Issue #2050

DINGO

The governments of ten Latin American and Caribbean countries met to discuss the best ways to jointly counter the inflationary wave sweeping the world which...

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Issue #2010

Energy prices explode: capitalism in crisis

Consumers face soaring energy costs as Australia’s gas and thermal coal exporters rake in windfall profits. The incoming Labor government has inherited the legacy of...

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Issue #2014

Time for a wage rise

The cost-of-living crisis has not abated as households face further economic pressures with interest rates and inflation on the rise. Trade union militancy is on...

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Issue #2057

GLOBAL BRIEFS

NORWAY: A new report commissioned by the Norwegian police into a deadly shooting during Oslo’s annual LGBT Pride festival last year blasted Norway’s domestic security...

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Outside of the Reserve Bank of Australia, a solitary man sits. Issue #2053

The facts about wage rises and inflation

There has been no shortage of news headlines, big business and government warnings that a wages breakout will cause inflation: “Teachers’ rise a risk to...

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Issue #2043

“Wage-price spiral” myth

Reserve Bank of Australia (RBA) Governor Philip Lowe expressed concern that workers would get much higher pay rises in response to inflation, which he claims...

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