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Coles Warns Construction Woes May Hike Grocery Prices

Fiona Mackenzie, the group’s head of property, warns that skyrocketing construction costs are hindering Coles’ ambitions to build new supermarkets amid a population surge, potentially leading to higher grocery prices. Addressing developers at a Melbourne industry lunch, Mackenzie highlighted the growing challenges. Driven by a departure from Victoria, her team identified several promising locations in […]

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