• Pricing and profits under scrutiny at inquiry into Australia's major supermarkets

  • Nov 7 2024
  • Length: 4 mins
  • Podcast

Pricing and profits under scrutiny at inquiry into Australia's major supermarkets

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  • Summary

  • The first public hearing for the inquiry into Australia's major supermarkets is examining issues such as pricing dynamics and profit margins of the major retailers. The Australian Competition and Consumer Commission is leading the inquiry, with supermarket giants Woolworths and Coles expected to appear. The inquiry has heard from consumer advocates who raised concerns around pricing, food insecurity and a loss of trust in pricing.
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