'Hairdressers, dentists and dining out': The price rises that told the RBA it needed to raise rates again
Humanbiscuit @ Humanbiscuit @lemmy.ml Posts 0Comments 12Joined 2 yr. ago
Humanbiscuit @ Humanbiscuit @lemmy.ml
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Current RBA structure is proving inadequate at identifying profiteering by certain business sectors, where a small choice of service providers (duopolies or in some cases, even monopolies) offer consumers in Australia little choice but to continue to accept higher prices/fees. There are some extremely poor conclusions drawn if the article is accurately summarising the position of the RBA.