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ACCC urges reform as Coles and Woolworths named among ‘most profitable’ supermarkets in world

Summary by The Guardian
A 441-page report calls for 20 recommendations, including greater transparency around prices, special offers and ‘shrinkflation’Get our breaking news email, free app or daily news podcastColes and Woolworths increased prices during a cost-of-living crisis to boost profits and used promotions that made it hard to judge a good shopping deal, the competition regulator concluded in a major report investigating the sector.The Australian Competition a…

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New York PostNew York Post
Lean Right

Celebrity chef reveals what US supermarkets have that other countries don’t

One of Australia’s most recognizable celebrity chefs has revealed the biggest difference between supermarkets around the world – and it’s simpler than you think.

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smh.com.ausmh.com.au
Lean Left

ACCC releases long-awaited supermarkets report

The consumer watchdog has released its report into supermarkets, making 20 recommendations to increase.

·Australia
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the Guardianthe Guardian
Lean Left

ACCC urges reform as Coles and Woolworths named among ‘most profitable’ supermarkets in world

A 441-page report calls for 20 recommendations, including greater transparency around prices, special offers and ‘shrinkflation’Get our breaking news email, free app or daily news podcastColes and Woolworths increased prices during a cost-of-living crisis to boost profits and used promotions that made it hard to judge a good shopping deal, the competition regulator concluded in a major report investigating the sector.The Australian Competition a…

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news.com.aunews.com.au
Lean Right

Demand for supermarkets to fix shrinkflation

Woolworths and Coles could soon be forced to issue shrinkflation warnings on all products to alert shoppers when items have been reduced but not dropped in price.

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The West AustralianThe West Australian
Lean Right

Demand for supermarkets to fix shrinkflation

Woolworths and Coles could be forced to issue new warnings on all products to alert shoppers to a sneaky supermarket practice.

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abc.net.auabc.net.au
Lean Left

Woolies and Coles have 'limited incentive' to compete hard on price, ACCC finds

The consumer watchdog's hotly anticipated report into Australian supermarkets concludes the two major players have so much power, they don't need to compete "vigorously", but the ACCC stopped short of declaring grocery prices excessive.

·Australia
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SBS broke the news in Australia on Thursday, March 20, 2025.
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