The Chemist Warehouse-Sigma merger will test Labor
When pharmaceuticals consolidate, like the Chemist Warehouse-Sigma merger, evidence shows we get less competition and higher prices.
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When pharmaceuticals consolidate, like the Chemist Warehouse-Sigma merger, evidence shows we get less competition and higher prices.
Australia’s productivity collapse may be partially due to COVID-19 as people were forced out of hospitality. But there are now signs of a turnaround.
Chris Edmond – an economist with ties to the RBA – was sacked this week from the University of Melbourne.
The Reserve Bank, now led by Michele Bullock, is worried about inflation staying higher than forecast with a new paper warning consumers will suffer if workers aren't more productive.
Pandemic disruptions and the Ukraine war caused at least half of Australia’s inflation spike, but strong consumer demand is now playing its part, the RBA says.