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Flavio Menezes, Professor of Economics, Director of the Australian Institute for Business and Economics, The University of Queensland

Why a Greens’ plan for 624 public supermarkets to take on Woolies and Coles just doesn’t add up

Kampus Production/Pexels, CC BY

The Greens’ official research think tank has proposed forcing Woolworths and Coles to sell 200 supermarkets, as a first step to creating a national chain of 624 publicly owned supermarkets.

The Green Institute’s proposal aims to cut household bills by 22%, or about A$60 a week for an average four-person household. The institute claims Fair Go Grocers could become self-funding within six years.

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