Prices for essential UK supermarket items like eggs, milk, and bread have significantly increased since 2022 due to factors including avian flu, the war in Ukraine impacting grain and energy costs, and rising producer expenses. Despite higher consumer prices, major retailers' profit margins have not increased, indicating intense market competition.
Australian community and housing groups urge parliament to pass Labor's negative gearing and capital gains tax changes to improve fairness for renters and first homebuyers, despite concerns from economists and the property lobby.
Fifa’s embrace of dynamic pricing and resale markets has led to sky-high costs and a speculative free-for-all, betraying the spirit of the beautiful gameIn What Money Can’t Buy, his 2012 critique of a world where everything is for sale, Michael Sandel laments what he calls “the skyboxification of American life”. Price gouging and profiteering, Mr Sandel notes, can exclude millions from communal experiences that should unite people, rather than divide them according to the size of their wallets. That is “not good for democracy, nor is it a satisfying way to live”.Ahead of the men’s World Cup in the United States, Canada and Mexico next month, millions of football fans would readily agree with the Harvard philosopher. Gianni Infantino, the president of the sport’s global governing body, Fifa, has predicted that this summer’s tournament will be the “greatest and most inclusive … ever”. But the lead-up has been overshadowed by a ticketing strategy that is almost surreally indifferent to the battered traditions of “the people’s game”.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
NDIS Minister Mark Butler will end the practice of handwritten invoices, providers without qualifications and a "let it rip" market of profiteering operators. But the sector warns it must be navigated carefully to avoid driving away legitimate operators or accidentally leaving out providers helping people with complex, individualised needs.
Research reveals private firms providing services to the NHS have made £1.6bn in profits over the last two years from contracts worth £12bn, sparking calls for profit caps.
