Senate Inquiry

land banking

Metcash: Woolworths and Coles Accused of Land Banking

In the ongoing Senate inquiry into supermarket prices, it has come to light that Australia’s dominant supermarket players, Woolworths and Coles, have been utilising a legal yet under-the-radar tactic known as “land banking” to stifle competition from independent grocers. Essentially, they acquire property or undeveloped land and hold onto it, leveraging their market dominance to […]

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livestock

Farmers Urge Investigation into Supermarket Pricing Amid Falling Livestock Profits

Sam Kelly, a farmer and owner of Red Hill, a beef and lamb farm in NSW, has observed a significant drop in the prices he receives for his livestock compared to the stable prices maintained by supermarkets. Despite a recent decrease in lamb prices, Kelly believes this adjustment was overdue. He highlights a stark contrast

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price

Senate Inquiry Targets Coles, Woolworths for Possible Price-Gouging

The Australian supermarkets Coles and Woolworths have been cautioned against raising prices before Christmas. This warning comes as they are set to face a Senate inquiry, a demand made by the Greens.  The inquiry, announced by Greens senator Nick McKim, aims to investigate these supermarkets’ price-gouging allegations. McKim emphasised the importance of the inquiry in

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