Opinion

Workers or businesses: who should foot the bill for reducing inflation?

Adam Triggs
By Adam Triggs
June 29 2022 - 7:30pm
While the cost-of-living is rising, there are ways to achieve lower prices in Australia. Picture: Shutterstock

A debate is raging on who should bear the brunt of taming inflation. Should workers be expected to forgo a pay rise? Or are the high profits of Australian businesses to blame? It's a fierce debate. Luckily, the debate doesn't make a lot of sense and ignores a third option which is a better solution for everyone.

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Adam Triggs

Adam Triggs

Columnist

Adam Triggs is a director within Accenture Strategy, a visiting fellow at the Crawford School at the Australian National University, a non-resident fellow at the Brookings Institution, and a fellow at Macquarie University's E61 institute. He writes fortnightly for ACM.