tail of an airplane

Corporate Australia Is Screwing Us

10 mins 8 mths

Globally, we all went through a pandemic, which cost some their lives and most of us economically. Here in Australia we copped a big whack of inflation and a steeply rising cost of living on essentials. You and I paid the price and continue to pay the price. Corporate Australia is screwing us, however, big business in this country didn’t pay the price of the pandemic. If they did they have made sure they have recouped that money and then some. Qantas got a couple of billion dollars from the Australian government and have just declared a $2.6 billion record profit for the year. Are they paying that money back? No way, according to Alan Joyce the departing CEO.

economics Government latest post