Opinion

Workers or businesses: who should foot the bill for reducing inflation?

Adam Triggs
June 30 2022 - 5:30am
While the cost-of-living is rising, there are ways to achieve lower prices in Australia. Picture: Shutterstock
While the cost-of-living is rising, there are ways to achieve lower prices in Australia. Picture: Shutterstock

A debate is raging on who should bear the brunt of taming inflation. Should workers be expected to forgo a pay rise? Or are the high profits of Australian businesses to blame? It's a fierce debate. Luckily, the debate doesn't make a lot of sense and ignores a third option which is a better solution for everyone.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options
Adam Triggs

Adam Triggs

Columnist

Adam Triggs is a partner at the economics advisory firm, Mandala, a visiting fellow at the ANU Crawford School and a non-resident fellow at the Brookings Institution.

Get the latest Newcastle news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.