And corporate profits at the big end of town have never been better as large corporations are more and more protected virtual monopolies - particularly banks, airlines and communications.
Telstra is tipped to shortly announce a $4.8 Billion profit.
(Coundn't help but later editing this post. Poor Telstra - only came in with $3.7 billion. With such a "parlous" result will the executives have to hand back their perks?)
Now, I wonder if I can get my phone fixed?
And the banks are crying poor now the government have announced legislation to break their monopoly on credit cards - and credit card interest rates, five times savings bank interest rates!
And they wonder why Australian workers are pi$$ed off and talking strikes as the gap between the rich and poor continues to widen.
Last edited by Torres; 3rd Sep 2002 at 07:46.