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Top related persons:
Nick McKim - 2 Loren Elliott - 1 McKim - 1 Competition Andrew Leigh - 1 Leigh - 1 Sam McKeith - 1 Lincoln - 1 Hong Kong CNN — - 1
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Australia Sydney Hong Kong Australian Canberra Ukraine United States Europe
Top related orgs:
Reserve Bank of Australia - 2 Woolworths - 1 REUTERS - 1 Rights - 1 Australia's Greens - 1 Greens - 1 Coles - 1 Competition - 1

Search resuls for: "Nick McKim"


2 mentions found


☆ Australia's Greens to investigate supermarket 'price gouging'
  + stars: | 2023-12-03 | by ( ) www.reuters.com   time to read: +2 min
[1/2] People walk past a Woolworths supermarket following the easing of restrictions implemented to curb the spread of the coronavirus disease (COVID-19) in Sydney, Australia, June 16, 2020. REUTERS/Loren Elliott Acquire Licensing RightsSYDNEY, Dec 3 (Reuters) - Australia's Greens party said on Sunday it would lead a parliamentary inquiry into "price gouging" by major supermarkets as the country grapples with high costs of living. "It will also assess the rise in essential item prices, the validity of discounts offered, and the inflation of profits during economic hardship," added McKim, accusing supermarkets of "price gouging" during "Australia's cost of living crisis". "Construction costs, energy prices, the cost of logistics and packaging have all risen", the spokesperson said. A Woolworths spokesperson said the company was "working to deliver relief" on grocery bills.
Persons: Loren Elliott, Nick McKim, McKim, Competition Andrew Leigh, Leigh, Sam McKeith, Lincoln Organizations: Woolworths, REUTERS, Rights, Australia's Greens, Greens, Coles, Competition, Labor, Reserve Bank of Australia, Thomson Locations: Sydney, Australia
☆ Australia's first female central bank chief set to tackle reforms and cost of living crisis
  + stars: | 2023-09-18 | by ( Michelle Toh | ) edition.cnn.com   time to read: +5 min
Hong Kong CNN —Australia’s new central bank chief, Michele Bullock, took the helm Monday after a firestorm of criticism over rising living costs engulfed the tenure of her predecessor. Philip Lowe, former governor of the Reserve Bank of Australia, speaking in Canberra in August. “Raising interest rates is never popular, but I think given the circumstances, the Reserve Bank had to do something,” noted Oliver. Within the bank, Lowe also faced questions about the culture he’d fostered since taking over in 2016. Should prices fall more slowly than expected, the central bank would face similar pressure to raise rates, Oliver predicted.
Persons: Hong Kong CNN —, Michele Bullock, Bullock, Philip Lowe, Shane Oliver, ”, would’ve, wasn’t, Lowe, Oliver, Rohan Thomson, RBA, Nick McKim, ” McKim, “ It’s, ” Oliver, disempowered, ” Bullock, ” Lowe, — Hilary Whiteman Organizations: Hong Kong CNN, Reserve Bank of Australia, AMP, CNN, Bloomberg, Getty, Reserve Bank Locations: Hong Kong, Australian, Canberra, Ukraine, Australia, United States, Europe
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