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The Guardian - AU
The Guardian - AU
Business
Jonathan Barrett Senior business reporter

Coles unfairly targeted by ‘politicised’ attacks, chair says, while calling illusory discount allegations ‘significant’

Coles James Graham Woolworths
A Coles supermarket in Sydney, Australia
The Coles chair has told the company’s AGM it is wrong to blame supermarkets for rising prices because inflation is a complex, global issue. Photograph: Loren Elliott/Reuters

Coles has hit out at “politicised” attacks on the company amid rising grocery prices, and defended itself amid allegations of illusory was/is discount prices.

The supermarket’s chair, James Graham, used his address at the company’s annual general meeting on Tuesday to argue it was wrong to blame supermarkets for rising prices because inflation is a complex, global issue.

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