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Senate Inquiry

Brad Banducci

The Senate Supermarket Inquiry has Presented 14 Recommendations

News /

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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land banking

Metcash: Woolworths and Coles Accused of Land Banking

News /

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

News /

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

News /

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

Senate Inquiry Targets Coles, Woolworths for Possible Price-Gouging Read More »

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