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The Latest Breaking News from Coles

Australians should be angry about Coles’ latest billion-dollar profit. But don’t blame the cost of living

Politicians will declare war on ‘cost of living’ and pundits will argue about inflation. The real point is the profits come at workers’ expenses

The Guardian - AU

Aussie shares dip as banks drag, BHP and Woodside gain

The ASX200 has fallen 0.2 per cent as BHP, Woodside, Coles, Johns Lyng Group, Lovisa and others report earnings.

AAP

Coles looking to grow already strong online sales

Grocery giant Coles has detailed plans to shift deliveries from stores to automated warehouses after posting a rise in profit.

AAP

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A Coles Store In Melbourne Has Been Dragged Online For Its ‘Dystopian’ Use Of Cameras

“It’s so they don’t miss a moment of the daylight robbery going on in their stores.”

Pedestrian.tv

Free land offer to lure new supermarkets to open in NT

Free land and major project status are being promised to a new supermarket chain by the NT government to help increase competition and drive down prices.

AAP

Incredible bulk: how much can Australians save on dry goods by buying a lot at once?

Independent stores can offer big savings on some items bought in bulk. And for many shoppers it’s not only about the bargains

The Guardian - AU

The Coles & Woolies Item That Creates The Perfect Olympic Choccie Muffin

Running to Coles and Woolies immediately!!!

Pedestrian.tv

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Australia’s major food companies failing nature, report finds

Targets to halt environmental damage ‘severely lacking’, Australian Conservation Foundation says, urging food industry to ‘step up to the plate’

The Guardian - AU

Microsoft IT outage: Australian airlines, banks and supermarkets begin return to normal operations

IT support staff need to implement the fix in person, one computer at a time, experts have said

The Guardian - AU

Hunter stores, trains, airport affected by global tech outage

The details of this report are developing. It may be updated.

Newcastle Herald

Microsoft outage: how Australian airports, banks and supermarkets were affected by major IT meltdown

Home affairs minister Clare O’Neil says outage would take ‘some time to resolve’ following problems caused by a CrowdStrike cybersecurity software update

The Guardian - AU

MasterChef Australia Fans Warn Producers About A Mistake That Could Make The Show ‘Unrelatable’

“It’s becoming unrelatable for the home cook.”

Pedestrian.tv

Price Caps On 30 Essential Items Could Be Introduced In QLD, Saving Us $1K Per Year & Thank Fk

Greens MP Amy MachMahon has proposed a policy that would add a price cap to 30 essential groceries in supermarkets across the state.

Pedestrian.tv

Greens' essential goods cap 'may lead to shortages'

A Queensland Greens plan to cap prices for essential groceries is set to save households cash at the checkout but an expert has warned it may lead to shortages.

AAP

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The Guardian - AU

Egg shortage: why the avian influenza outbreak has left shoppers and farmers shell-shocked

The financial impact on egg farmers, who are still paying off costs for the last high pathogenicity bird flu outbreak in 2021, could be severe

The Guardian - AU

The Coalition wants divestiture powers to fight supermarket price gouging. How would it work?

Greens and Coalition back the plan, but Labor says it’s too heavy-handed. Here’s everything you need to know about the proposal

AAP

Supermarkets threatened with break-up for price gouging

The federal opposition has called for divestiture powers to break up major supermarkets if they have been found to be anti-competitive.

AAP

Outbreak spreads with bird flu confirmed at 11th farm

A Canberra facility is the 11th property nationally that has been affected by a bird flu outbreak, as Woolworths imposes egg limits on some customers.

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The Conversation

Is drone delivery a modern miracle or a band-aid fix for poor urban planning? I went to Australia’s ‘drone zones’ to find out

The chief executive of drone delivery company Wing says 2024 is “the year of drone delivery”. The company first went public in 2014 as a Google “moonshot” project and now operates in several cities in Australia, the United States and Finland, with plans to expand further.

Pedestrian.tv

Coles & Woolworths Won’t Be Forced To Break Up Their Pricey Love Affair As Senate Bill Fails

Supermarket duopoly Coles and Woolworths won't be forced to break up as the relevant Senate bill has failed.

The Conversation

Fines of $10 million will force supermarkets to think carefully before exploiting suppliers, but more could have been done

Suppliers of food and other products have been complaining for years about their treatment at the hands of Woolworths, Coles and Australia’s other big supermarket chains, although rarely to the supermarkets themselves – perhaps, as suggested in a recent Four Corners program, because they feared retribution.

Al Jazeera

Australia’s grocer chains face billion-dollar fines over supplier treatment

Violators of industry code of conduct to be subject to fines of up to 10 percent of annual turnover.

AAP

Cash still king as big business bails out Armaguard

Some of Australia's biggest companies have put their money where their mouth is by stepping in to save cash carrier Armaguard in a $50 million deal.

AAP

Supermarkets to face millions in fines under new code

Supermarkets could be hit with millions in fines in a government bid to make prices fairer for farmers and shoppers.

The Guardian - AU

Supermarkets could face billions in fines for grocery code breaches as Labor commits to reforms

Government to adopt recommendations of conduct review in full amid consumer and supplier complaints about soaring profits

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