Did you hear QANTAS made a “record profit”? Did you hear Joyce tell you the price won’t come down to where it was pre-Covid? Did you hear QANTAS was a “superior product”? Currently, all corporations seem to be singing the same song. Banks, Mining, Gas and Oil.
It costs you over $1000 to disconnect your gas isn’t that legalised extortion? It costs to change your bank loans. It “costs” your spending isn’t driving inflation corporate profiteering is.
New research points the finger at excess corporate profits as a core driver of inflation and says there’s scant evidence of a wage-price spiral in the Australian economy.
Source: Corporate profits fuelling inflation, research finds – Michael West
"We've had to pass on those costs to consumers"
Despite the grilling he got in two separate parliamentary hearings last week, Reserve Bank governor Dr Philip Lowe’s explanation of why he was preparing mortgage borrowers for yet further interest rate increases didn’t quite add up. There seemed to be something he wasn’t telling us – and I think I know what it was.
Source: Lowe’s secret inflation fear: big companies’ price-setting power – Pearls and Irritations
As the new right-wing Israeli regime ramps up its oppression of Palestinians, the Biden administration has taken its capitulation to Israel to a new and absurd level. After nominating an independent expert to serve on a human rights commission, the U.S. State Department withdrew the nomination because the expert accurately called Israel an apartheid state. A week later, the United States prevented the United Nations Security Council from voting to condemn Israel’s illegal settlements in Palestinian territory.
Source: Biden Administration Takes Its Capitulation to Israel to an Absurd New Level – scheerpost.com
Israeli notion of Collateral Damage is 8 innocents dead and 100, some critically, wounded. All for the sake of chasing down and killing three "alleged suspects" Israel called terrorists. Boys shot, not for killing Israeli's, but "thinking of killing them". Some Israeli's, Jewish Rabbis, have been known to support just that and call for the killing of Palestinian children like " sewer rats". The 8 other innocent victims were killed for simply being "in the vicinity" of the wanted three men. So near apparently they had to be shot despite not having any weapons. One even in the back for daring to flee the IDF rampage of violence and mayhem.
In less than 2 months Israel has officially killed 61 Palestinians and wounded hundreds upon hundreds more while imprisoning countless others without charge. While Israel illegally occupies the houses and expands their settlements on Palestinian lands. They above all gave Putin the confidence to invade bomb and terrorize Ukraine. Like Netanyahu saying there is no Plestinian lands only Jewish. If Israel can do it and get away with it why not Russia? After all the UN is helpless it seems as is the ICJ to do anything.
A daytime Israeli military raid on Wednesday on an apartment in the Palestinian city of Nablus in the Palestinian West Bank spiraled out of control, with the Israeli troops killing 11 persons and wounding over one hundred civilians with gunshots. Some of the injured are in critical condition. The Israelis say that they were after three young men, two members of the “Lion’s Den” resistance group, and the other a member of “Islamic Jihad.” The three were accused of having carried out attacks against Jewish squatters on Palestinian land. The troops killed all three, apparently by blowing up a building in which they were making a last stand.
Source: Israeli Rampage leaves 11 Dead, over 100 Injured in Occupied Nablus, but Kamala Harris only Condemns Russian Occupation of Ukraine as War Crime
America has arrived in Australia in the form of the LNP
A group of conservative Liberals are war-gaming to roll party president Greg Mirabella and the more moderate members of the powerful administrative committee, prompting fears of a conservative takeover of the Victorian division.
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