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The Latest Breaking News from Coles

Uncertainty the only sure-thing as market chaos reigns

Equities and commodities have whipsawed at the whims of erratic US trade policy but worrying signs are emerging in the plumbing that holds markets together.

AAP

Australian supermarket frozen crumbed fish taste test: from catch of the day to a ‘terrible chicken nugget’

With fisher friends in tow, Tristan Lutze trawls the freezer section for the best bite, including fillets with flavourful crunch and delicate flakes

The Guardian - AU

Are accusations Australian supermarkets are price-gouging inflated?

The Albanese government pledges to crack down on ‘price-gouging’, but there is no clear definition of what it is – and charging high prices is not illegal

The Guardian - AU

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Coles & Woolies Respond To Price Gouging Claims As Supermarkets Become Key Election Issue

Both Labor and the Coalition have outlined policies to tackle rising grocery bills, if elected.

Pedestrian.tv

Australian PM Lures Voters With Supermarket Crackdown

Australia's Prime Minister Anthony Albanese promised Sunday to outlaw supermarket price gouging with the threat of heavy fines, ahead of a tightly fought May 3 general election.

International Business Times

Contamination fears: supermarkets pull popular products

Five supermarket chains have pulled dozens of products from their shelves, warning customers of a potential health risk.

AAP

Albanese promises action on supermarkets ‘taking the piss’ as Dutton criticises ‘wet lettuce’ approach

Prime minister says his government, if re-elected, will establish taskforce to introduce price-gouging regime that will be enforced by ACCC

The Guardian - AU

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Prices dropping for all major supermarkets bar Woolies

Woolworths is the only major supermarket chain to flunk a government-funded report on grocery prices across Australia.

AAP

Groceries are getting more expensive at Woolworths but cheaper at Coles, report finds

Choice price tracker finds cost of shopping at Aldi barely changed between March and December 2024 in quarterly assessment of 14 common items

The Guardian - AU

Coalition and Greens urge Labor to introduce powers to break up Coles and Woolworths duopoly

Parties call for intervention after ACCC report found Australian grocers among most profitable in world amid cost-of-living crisis

The Guardian - AU

ACCC finds Australia’s supermarkets are among the world’s most profitable – but doesn’t accuse them of price gouging

Australia’s supermarket sector has endured a long, uncomfortable moment in the spotlight. There have been six comprehensive inquiries into its conduct, pricing practices, and specifically claims of “price gouging”, over the past 18 months.

The Conversation

Aldi’s expanding profit margins mightn’t sit well with fans

ACCC finds the German ‘hard discounter’ has, like Coles and Woolworths, lifted post-pandemic margins to shoppers’ detriment

The Guardian - AU

Supermarkets Coles & Woolworths Have ‘Limited Incentive’ To Compete On Price, ACCC Finds

“We don't want the supermarkets to be treating Australians like mugs.”

Pedestrian.tv

Police investigating alleged online threats to third Sydney mosque – as it happened

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The Guardian - AU

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AAP

Coles, Woolies guilty of increasing margins: watchdog

Treasurer Jim Chalmers promised a crackdown on major supermarkets following a consumer watchdog report, but warned breaking them up would be counterproductive.

The Guardian - AU

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’

The Guardian - AU

‘Equally good untoasted’: Coles and Aldi top Australian supermarket hot cross bun taste test

In a blind taste test, judges found a ‘luscious’ chocolate bun came out on top, while gluten-free options are ‘much better than they used to be’

The Guardian - AU

Australian supermarket sliced salami taste test: ‘Even my nine-year-old wouldn’t eat this’

From ‘funky and rich’ to the texture of ‘wet paper’, salamis ranged from solid sandwich fillers to pretty enough for a platter. Nicholas Jordan reveals which meats made the cut

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The Guardian - AU

Curd surge: TikTok recipes drive a national cottage cheese shortage

High in protein, low in fat, the dairy product has seen a resurgence on social media as a core ingredient in dips, ice-cream and oven-baked crisps

The Guardian - AU

Coles suppliers told to pay for own freight costs to get products stocked

Exclusive: Coles says plan ‘benefits suppliers’ but senator Nick McKim calls move ‘blatant abuse of power’ that will ‘hit smaller suppliers hardest’

The Guardian - AU

NSW honey packer says Coles is hurting small producers in its push for profits

Exclusive: For small Australian food brands, supermarket giant’s move to ‘simplify’ its range could be devastating – and unfair

AAP

Australian shares rise after strong earnings reports

The ASX200 has finished up 0.3 per cent following better-than-expected earnings from Coles, Qantas, Medibank Private, Ramsay Health Care and Eagers Automotive.

AAP

Coles gains on Woolies, grabs sales during rival's woes

Coles estimates it scored $120 million in extra sales during a 17-day strike by Woolworths workers, as it announces superior sales growth than its big rival.

Pedestrian.tv

Farmers Warn Of Egg Shortage As Bird Flu Found In Third Aussie Farm

A third property in Australia has been discovered with bird flu which may lead to a prolonged egg shortage crisis, according to farmers.

The Guardian - AU

ACCC boss still ‘very concerned’ about supermarket pricing practices

Gina Cass-Gottlieb says tougher regulations may be needed to deal with complaints raised by shoppers and suppliers

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