Why company profits are soaring to new heights as Australian wages can only crawl higher

 Forget the Holy Land. If Noah were looking for a place to drop anchor, this would be his dream destination.

Here in Australia — at least when it comes to business — we love to operate in pairs. There are a couple of airlines, a duo of food retailers, a pair of steelmakers, two resource giants and just a handful of banks.

And let's be honest, we still have four financial institutions because — despite years of agitation — they haven't been allowed to hook up into a cosy couple.

Read More: https://www.abc.net.au/news/2023-02-27/company-profits-soar-as-wages-crawl-verrender/102025674




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