Profits v Wages, what’s driving inflation? – Rerun | Summer Series
Our summer podcast series brings you some of the best conversations from our webinars and live events in 2023.
This episode, we’re listening back to one of our most popular episodes from the year with our Executive Director Richard Denniss, digging into the cycle of corporate profits, inflation, and low wages.
This was recorded on Wednesday 7th June 2023 and things may have changed since recording.
australiainstitute.org.au // @theausinstitute
Guest:
Richard Denniss, Executive Director, the Australia Institute // @RDNS_TAI
Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett
Producer: Jennifer Macey // @jennifermacey
Edited by: Emily Perkins
Theme Music: Pulse and Thrum; additional music by Blue Dot Sessions
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
When targeting inflation, the RBA misses more often than it hits
With the fight against high inflation now over, will the Reserve Bank fail to learn the lessons of the past and allow inflation to fall below 2%?
The Wage Price Index shows pay packets are up. So why doesn’t it feel that way?
The latest figures from the Australian Bureau of Statistics show wages are growing at a reasonable rate, but a deeper look shows a big problem might be about to bite Australian workers.
“Vital” wage rise would be a lifeline to low income earners and wouldn’t drive inflation – new analysis
Updated analysis by The Australia Institute reveals that a fair and appropriate increase to the minimum wage, and accompanying increases to award rates, would not have a significant effect on inflation.

