Business News

Amid allegations of price gouging, it's time for big supermarkets to come clean on how they price their products

Written by Sanjoy Paul, Associate Professor, UTS Business School, University of Technology Sydney

With inflation driving up the cost of living, many are dreading not just the hassle of a big grocery shop, but also the bruising cost.

But while Australians struggle with their budget and spending, several major supermarkets made large profits in 2022–23. Coles and Woolworths, for example, made net profits of A$1.1...

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