this post was submitted on 20 Jun 2023
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The Reserve Bank has pointed directly to the elephant in the room (www.abc.net.au)
submitted 1 year ago by [email protected] to c/[email protected]
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Oh good, I'm sure now the government will do something...

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[–] [email protected] 7 points 1 year ago (1 children)

sUpPlY aNd DeMaNd !

[–] [email protected] 4 points 1 year ago (1 children)

iT WIlL tRIcKLe DOwN!!

[–] [email protected] 4 points 1 year ago (1 children)

I definitely feel like large corporations are trickling on me.

[–] [email protected] 1 points 1 year ago

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

[–] [email protected] 5 points 1 year ago

Coercive monopolies may just end up price gouging.

[–] [email protected] 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.