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The Latest Breaking News from Coles

Coles and Woolworths are in hot water with the regulator. What happens now?

If ‘was/is’ pricing was the thought bubble of people in marketing, a lawyer says, the supermarket duo might be in for some trouble

The Guardian - AU

‘Concerning’: ACCC interim report on supermarket inquiry tells of supplier woes and ‘oligopolistic’ market

It hasn’t been a good week for Coles and Woolworths. On Monday, the Australian Competition and Consumer Commission (the national competition regulator or ACCC) announced it was taking legal action against the big supermarkets over alleged misleading pricing claims.

The Conversation

Morning Mail: Australia’s ‘oligopolists’, Musk’s Trump funding, and paths to negative gearing reform

Watchdog’s interim report slams Coles and Woolworths for squeezing out competition; Republican ground game paid for by billionaire’s Pac

The Guardian - AU

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Aldi reigns supreme as more customers compare grocers

Aldi has prevailed in a second supermarket basket comparison, a process many customers are carrying out before their weekly shop.

AAP

Major supermarkets breached trust, Albanese says

It is "a breach of trust" for supermarkets to behave like this, Anthony Albanese says after Coles and Woolworths were criticised over "misleading" specials.

AAP

Shopping around could help lower grocery prices for all

Aldi shoppers are paying significantly less than Coles or Woolworths customers but the biggest savers could be those shopping across all three.

AAP

Inflation may be falling but business’s drive to maximise profits fuelled Australia’s cost-of-living nightmare

A significant reason for the drop in inflation was the federal government’s energy bill relief fund and the rebates in Queensland, WA and Tasmania

The Guardian - AU

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Psychological tricks behind supermarket discounts

Marketing experts say supermarkets are hitting on a human bias to buy with little thought when presented with apparent discounts.

AAP

Australian supermarket pre-popped popcorn taste test: ‘Very addictive … I wouldn’t eat these publicly’

From a packet that would light up a boring work party to another that smells ‘like butter cultured in a jockstrap’, Nicholas Jordan grabs the popcorn – and is not entertained

The Guardian - AU

Phantom brands, ‘seasonal’ discounts and shrinkflation: the pricing tricks used by Australian supermarkets

Coles and Woolworths are accused of inflating prices – but those aren’t the only tactics hurting shoppers

The Guardian - AU

Redditor Seemingly Catches Woolworths Red-Handed With ‘Discount’ Tag Higher Than Regular Price

One Aussie Reddit user has apparently caught Woolworths red-handed with a price tag that doesn't match the discounted tag.

Pedestrian.tv

Aussie shares edge lower after RBA keeps rates on hold

The ASX200 fell 0.1 per cent, with fashion retailer Cettire soaring and uranium developers continuing to rise, while supermarkets were down for a second day.

AAP

'Get your act together': PM calls out supermarkets

Coles and Woolworths have been told to start acting in the interests of Australians after the consumer watchdog accused them of misleading customers.

AAP

How ‘was/is’ pricing works – and why it’s landed Coles and Woolworths in court

Competition watchdog has accused supermarket giants of breaching consumer laws with alleged ‘price spike’ practices

The Guardian - AU

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The Guardian - AU

Afternoon Update: grocery giants sued over ‘illusory’ discounts; new Socceroos coach; and abducted toddler found after 73 years

Anthony Albanese says if the allegations are found to be true it would be ‘completely unacceptable’ behaviour by the supermarkets

The Conversation

Woolworths and Coles sued by ACCC for allegedly misleading shoppers over the price of more than 500 products

At a time most people are trying to cut their weekly grocery bills, Australia’s supermarket giants have been hit with legal action for allegedly misleading shoppers over the price of hundreds of products.

Pedestrian.tv

Anthony Albanese Backs ACCC’s Allegations Against Coles & Woolworths: ‘Completely Unacceptable’

Prime Minister Anthony Albanese has spoken out against Coles and Woolworths alleged business practises following the ACCC's announcement.

AAP

Streak snapped as Aussie shares slip from record levels

The ASX has had its seven-day winning streak broken, dropping 0.7 per cent after setting several record highs last week.

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news in one place.

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Pedestrian.tv

The ACCC Is Taking Woolies & Coles To Court Over Price Gouging Allegations

Down, down, the supermarket giants are going down.

The Guardian - AU

AFL stars walk Brownlow medal red carpet – as it happened

This blog is now closed

AAP

Coles and Woolworths head down, down to federal court

The consumer watchdog is taking Coles and Woolworths to court amid allegations the retailers allegedly artificially increased prices on hundreds of goods.

AAP

Shareholders test Coles, Woolies over extinction threat

Australia's supermarket duopoly is facing a double-barrelled shareholder challenge over fish farming threats to an ancient, imperilled species.

Pedestrian.tv

Pour One Out For This Aussie TikToker Who Fully Believed His Coles Lettuce Was Made From Rubber

“Man discovers cabbage."

AAP

Coles rejects bid to help avoid ancient fish extinction

Coles shareholders have been told the supermarket giant won't support their efforts to protect an ancient, imperilled species from the effects of fish farming.

Newcastle Herald

Paralympic dream keeps teen swimmer pushing through cancer treatment

'It's just me in the water and nothing else matters.'

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