market power

Brad Banducci

The Senate Supermarket Inquiry has Presented 14 Recommendations

Woolworths’ CEO Brad Banducci recently came under fire during a tense Senate inquiry session, but despite the heated discussions, he will not face any legal repercussions or jail time. This decision comes amidst a broader push by a Greens-led Senate committee, which has strongly critiqued the dominance of major supermarket chains like Woolworths and Coles […]

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Peter Dutton

Opposition Leader Calls for Action Against Coles and Woolworths

Opposition Leader Peter Dutton has made strong accusations against Coles and Woolworths, claiming that they are hindering competition by holding onto undeveloped land near their stores. He has pledged to take action to safeguard consumers from potential price hikes. The Coalition is devising a plan to forcefully dismantle the dominance of these supermarket giants if

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coles ceo

Coles CEO Notes Decrease In Suppliers’ Demands For Price Hikes

Coles CEO Leah Weckert has confirmed a decrease in requests from food and grocery suppliers for price hikes to counter the impact of high inflation. This suggests that Coles may soon lower its prices, responding to both consumer demands and political scrutiny regarding its market dominance. Recent reports revealed that Coles had urged some suppliers

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supply chains

Coles’ $105m milk deal shows supermarket supply chain power

Coles’ recent $105 million deal with Saputo highlights the growing power of major supermarkets in consolidating supply chains at the expense of middleman processors. The deal involves the acquisition of processing plants that were part of Murray Goulburn’s failed attempt to enter the market for drinking milk.  Saputo wanted to sell these assets as part

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