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Antoun Issa highlights the limited options of the RBA as corporate profits fuel inflation

Australian workers are struggling to keep up with rising prices and interest rates. Some of the causes are global, including the war in Ukraine disrupting energy supplies and China’s previous tough lockdowns affecting the production and export of the goods that we consume. Others are local, such as last year’s floods knocking out our food production. But, as journalist Antoun Issa explains, the record profits major Australian companies are making are massively contributing to inflation Sign up for the Afternoon Update newsletter, a free daily news email from Guardian Australia ► Read more ► Subscribe to Guardian Australia on YouTube and hit the bell to see new videos ► Support the Guardian ► Website ► Facebook ► Instagram ► Twitter ► TikTok ► LinkedIn ► Subscribe to the Guardian's other YouTube channels: The Guardian ► Guardian News ► Guardian Football ► Guardian Sport ► Guardian Live ► #Australia #Politics #Auspol #News #inflation... ( read more