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The Latest Breaking News from Coles

'Unbalanced' duopoly impacting shoppers, farmers

The major supermarkets have offered "rock bottom" prices for purchasing produce because of their influence, farmers have told a parliamentary hearing.

AAP

Maybe it’s not (just) supermarket profits driving inflation

Forget Coles and Woolies — the real villains in one important inflation category are gouging transnational food and beverage firms.

Crikey

Piggy politicians squeal for end to greedy grocers

Strutting through parliament as swindling swines, independent MPs Bob Katter and Andrew Wilkie have called on the government to break up the major supermarkets.

AAP

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Australian supermarket pesto taste test: ‘grassy and sandy’ celebrity sauce is bottom of the list

Which jars come closest to capturing the magic of the Genovese sauce? From ‘balanced and aromatic’ to ‘bewilderingly affordable’, these are the results of the great pesto testo

The Guardian - AU

Crikey reader reply: A supermarket owner on how the duopoly dictates prices

There’s often a disparity between what the consumer pays and the wholesale cost of a product — and it dictates prices at stores like mine.

Crikey

Coles CEO defends making profit, says competition tough

Coles Group chief executive Leah Weckert says the supermarket chain earns less than $3 for every $100 spent in its stores, and its profit has dropped.

AAP

Here's why there's certain fizzy drinks missing from supermarket shelves

Why Kooragang Island is at the epicentre of the issue.

Newcastle Herald

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Opposition moves to expand supermarket inquiry

The Queensland opposition will look to expand a supermarket inquiry to include electricity, transport, insurance and water.

AAP

'Do the right thing': PM's warning to Coles and Woolies

Coles and Woolworths have been put on notice, with Prime Minister Anthony Albanese warning public opinion could have a big impact on the supermarket giants.

AAP

Aussie firms fall short of global net zero standards

Large Australian corporations are failing to meet global best practice when it comes to reducing their carbon dioxide emissions, according to a new study.

AAP

Ten of Australia’s top companies lack clear plans to stop using or supporting fossil fuels, report says

UTS researchers say firms including Coles, Woolworths, Telstra, Rio Tinto and Qantas have no ‘comprehensive, independently verified and fully costed plan’ to reduce emissions

The Guardian - AU

Wesfarmers Reports 3% Jump in First-Half Profit

Discover how Wesfarmers, one of Australia's leading companies, experienced a 3% increase in first-half profit due to robust market demand.

Top News

Australian supermarket chocolate gifts taste test: Aldi treats leave our experts ‘speechless’

For Valentine’s Day Tristan Lutze tries nine brands of gift-worthy chocolates to learn that elephants are not romantic – and desiccated coconut lingers forever

The Guardian - AU

Shady dealings: Australia’s offshore detention

A former ASIO director has found that our offshore detention centres were run by companies linked to corruption and bribery.

Crikey

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The Guardian - AU

Woolworths, Coles and Aldi to roll out soft plastics collection bins in 12 Melbourne stores

Supermarkets will ask customers to recycle scrunchable plastic food packaging for first time since REDcycle ended

Pedestrian.tv

Your 5-Min Explainer On The Coles & Woolies Price Inquiry — And What It All Means For You

Coles and Woolworths have made their initial submissions to the Senate Inquiry Into Supermarket Prices, as the government works to tackle the seemingly endless increases to our grocery bills.

AAP

Coles blames farmers, suppliers for higher prices

Coles has told a parliamentary inquiry into supermarket prices the reason behind higher costs is due to price increase requests by farmers and suppliers.

AAP

Australians to have their say on supermarket prices

Shoppers and farmers are being encouraged to have their say about supermarket prices and how competition can be increased to lower the bill at the checkout.

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news in one place.

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The Guardian - AU

REDcycle’s collapse and the hard truths on recycling soft plastics in Australia

Shoppers are still being incorrectly told they can return food packaging to supermarkets a year after the program ended. So is any soft plastic being recycled?

Crikey

Dutton’s not done kicking Woolies despite spike in staff abuse as ACCC probe looms

After finding itself in a culture war over Australia Day merchandise, the supermarket giant now faces a price-gouging investigation.

AAP

ACCC to 'forensically' probe supermarket prices

The deputy chair of the consumer watchdog says the body will examine information on possible supermarket price gouging as part of a new inquiry.

The Guardian - AU

Anthony Albanese announces year-long investigation into supermarket prices by ACCC

Prime minister says treasurer Jim Chalmers will direct competition watchdog to conduct 12-month price inquiry into supermarkets

Louder

"Big fan of their prawn sandwich, I must say": Status Quo have reworked Rockin' All Over The World as a "Saving All Over The Store" advert for M&S

Is nothing sacred, etc

Newcastle Herald

Private investor snaps up Huntlee Shopping Centre in $33 million deal

Coles accounts for 66 per of the centre's gross rent income.

The Guardian - AU

Australian supermarket potato chips taste test: the winner is ‘good enough to replace human company’

After sampling 35 packets of crisps, Nicholas Jordan has been through the thick and the thinly sliced

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