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With the cost of many grocery items rising sharply Australians two main retailers Coles and Woolworths have had a fall from grace in the eyes of consumers, which has seen the retailers suffer a drop in a popularity similar to that of Elon Musk or Kanye West. With the government monitoring supermarkets through the ACCC …
As grocery prices continue to climb amid rising cost-of-living pressures, the federal government has just released draft laws to curb supermarket price gouging. The proposed “excessive pricing” rules would make it illegal for major retailers such as Coles and Woolworths – which together make up two-thirds of Australia’s national grocery sales – to charge unfairly …