AusFinance

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lodion@aussie.zone

Los

The Reserve Bank has pointed directly to the elephant in the room (www.abc.net.au)

submitted 1 year ago by a1studmuffin@aussie.zone to c/ausfinance@aussie.zone

6 comments fedilink hide all child comments

Oh good, I'm sure now the government will do something...

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[–] ravishingzombie@lemmy.fmhy.ml 7 points 1 year ago (1 children)

sUpPlY aNd DeMaNd !

[–] MXYp3Lk66yKv@aussie.zone 4 points 1 year ago (1 children)

iT WIlL tRIcKLe DOwN!!

[–] zurohki@aussie.zone 4 points 1 year ago (1 children)

I definitely feel like large corporations are trickling on me.

[–] cuppaconcrete@aussie.zone 1 points 1 year ago

At least they waited till winter to blame it on the rain lol

[–] josephb@aussie.zone 5 points 1 year ago

I wonder if the July 1 power prices could be considered part of what the RBA is pointing at here. Certainly across many markets in AU like Mobile companies, Supermarkets, etc there are cosy duopolies or similar.

[–] AskThinkingTim@aussie.zone 5 points 1 year ago

Coercive monopolies may just end up price gouging.