Senate debates

Tuesday, 13 June 2023

Questions without Notice

Inflation

2:18 pm

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

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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