Yet More Probes Into The Great Supermarket Rip-off!

Digital Finance Analytics (DFA) Blog

Jan 25 2024 | 00:06:39

00:00 / 00:06:39

Show Notes

The Australian Government has directed the ACCC to conduct an inquiry into Australia’s supermarket sector, including the pricing practices of the supermarkets and the relationship between wholesale, including farmgate, and retail prices. The year-long inquiry will also examine competition in the supermarket sector and how it has changed since the ACCC’s last inquiry in 2008. “We know grocery prices have become a major concern for the millions of Australians experiencing cost of living pressures,” ACCC Chair Gina Cass-Gottlieb said. “When it comes to fresh produce, we understand that many farmers are concerned about weak correlation between the price they receive […]

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