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Keywords: Price-Gouging

  • AUSTRALIA

    Who pays the price? Australia's inflation challenge

    • Joe Zabar
    • 28 June 2023
    3 Comments

    As Australian households grapple with soaring living costs and rising inflation, many are questioning the efficacy of the RBA's interest rate strategy, making the case for comprehensive government intervention to right the economic course.

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  • AUSTRALIA

    Laying the foundations for an economy that works for people: the Jobs Summit challenge

    • John Falzon
    • 29 August 2022
    2 Comments

    While the Jobs Summit does not signal the end of neoliberalism, it does signal a political willingness by the Albanese government to begin an inclusive, deliberative process for healing some of the wounds that have been inflicted on ordinary people through the accumulation of superprofits on the one hand and cuts to real wages and the dismantling of social infrastructure on the other.

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  • MEDIA

    Exploiting consumers needs to be illegal

    • Michael Mullins
    • 10 February 2014
    7 Comments

    The ANZ Bank faces a huge payout after a class action by its customers secured a partial but significant victory against the bank's unfair and illegal credit card late payment fees. This is happening because we have laws to protect consumers. The Federal Government is well advanced in its efforts to wind back existing and planned laws that protect consumers, as they are considered red tape that places an unnecessary burden on business.

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  • AUSTRALIA

    The iPhone 5 and Apple's profit fetish

    • Michael Mullins
    • 17 September 2012
    5 Comments

    Ahead of his Australian visit earlier this year, Apple co-founder Steve Wozniak criticised the company for subjecting local consumers to 'horrible' price-gouging. Last week's release of the iPhone 5 has reinforced perceptions of Apple as an odious corporation that exploits consumers, alongside the likes of tobacco companies, big banks, McDonald's, and Coles and Woolworths.

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  • AUSTRALIA

    Telstra's price gouging is a sin

    • Michael Mullins
    • 21 September 2009
    7 Comments

    There is nothing wrong with mums and dads buying shares as an exercise in responsible stewardship of family assets. But they need to be ready to face consequences if profiting from their investments involves exploiting other Australians.

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