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The Latest Breaking News from Woolworths

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

Voices: As WH Smith leaves the high street, which lost chain do you miss most? Join The Independent Debate

THE INDEPENDENT DEBATE : With WH Smith set to disappear from the high street, we want to know which shops you miss the most — whether it’s Woolworths, BHS, C&A, Debenhams, Blockbuster, or another favourite...

The Independent UK

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

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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

Morning Mail: Australia’s Signal concern, supermarket prices compared, Dutton to reveal cost-of-living policy

Canada’s former spy chief says US Five Eyes partners should be ‘very worried’; Woolworths prices go up more than others

The Guardian - AU

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

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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

Follow today’s news live

The Guardian - AU

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.

AAP

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

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The Conversation

Stop waiting for a foreign hero: NZ’s supermarket sector needs competition from within

New Zealand’s concentrated supermarket sector is back in the spotlight after Finance Minister Nicola Willis said she was open to offering “VIP treatment” to a third international player willing to create competition.

Motorsport

Formula 1’s (almost) all-American teams

For many years Formula 1 tried and failed to connect with the US audience, but all that has changed in the last decade. Burgeoning interest is now served by three grands prix on US soil and an American team on the grid – with another one about to join. Cadillac is…

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

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.

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The Guardian - AU

Woolworths’ profit slumps as cost of living drives shoppers elsewhere

Grocery chain, which has also been rocked by industrial disruptions at warehouses, suffers a near 21% drop in its six-month net profit

AAP

Woolworths profit hit by 17-day warehouse strike

Woolworths Group says its profit was down 20.6 per cent to $739 million in the six months to December 31, in part due to a strike by warehouse workers.

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

Bird flu spreads to third property as farmers warn Australia’s egg shortage could be prolonged

Agriculture Victoria says H7N8 strain of avian influenza has been detected at a poultry farm at Euroa

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

AAP

From farm to table, less food is being wasted: report

With nearly 3.5 million Australians going hungry, the fight against food waste is gaining ground as more than 15,000 tonnes saved in three years.

The Conversation

As Coles slashes its product range, will well-known brands disappear from supermarket shelves?

Coles is reducing its product range by at least 10%, a move that has sparked public backlash and renewed discussions about the role of supermarkets in the cost-of-living crisis.

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