FSU News

Have you been feeling ripped off?

You’re not alone – working people are suffering through some of the biggest cost-of-living increases in a generation. 

From food to petrol to electricity to flights: prices everywhere are skyrocketing. Meanwhile, big business profits and executive salaries and bonuses are going through the roof, and in some cases, outstripping even pre-pandemic levels. 

It is clear that big businesses are price gouging and profiteering in a cost-of-living crisis, and it’s time to expose it.  

Share your story of corporate price gouging – Report a rip-off here.  

The Australian Council of Trade Unions (ACTU) has now commissioned an inquiry into corporate price gouging that is being chaired by renowned expert Professor Allan Fels AO, to examine the cause and effects of price gouging on the Australian people. 

In particular, it will consider: 

  • The extent of price gouging facing working people on essential items, 
  • The disproportionate effect experienced by cohorts of workers and vulnerable groups, and 
  • The effect of price gouging on the safety and mental health of workers providing essential goods and services. 

The Inquiry will hold hearings across Australia. Everyone affected by price gouging is asked to make a submission about their story and what they see happening.  

The Inquiry’s report will be received by the ACTU and made available to policy makers, support providers, and the Australian public. 

Authorised by Julia Angrisano, National Secretary