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The Latest Breaking News from Woolworths

Expert rejects supermarket land banking concerns

A retail expert says it's "not unreasonable" for supermarkets to spend years developing sites for stores, as the government moves to crack down on land banking.

AAP

Assange says he is free because he ‘pled guilty to journalism’ – as it happened

This blog is now closed

The Guardian - AU

Government moves to tighten planning rules to stop land banking and boost supermarket competition

The Albanese government, in a fresh strike against the supermarkets, has announced it will work with the states to reform regulations to help boost competition by opening more sites for new stores.

The Conversation

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Coles and Woolworths are in hot water with the regulator. What happens now?

If ‘was/is’ pricing was the thought bubble of people in marketing, a lawyer says, the supermarket duo might be in for some trouble

The Guardian - AU

‘Concerning’: ACCC interim report on supermarket inquiry tells of supplier woes and ‘oligopolistic’ market

It hasn’t been a good week for Coles and Woolworths. On Monday, the Australian Competition and Consumer Commission (the national competition regulator or ACCC) announced it was taking legal action against the big supermarkets over alleged misleading pricing claims.

The Conversation

Morning Mail: Australia’s ‘oligopolists’, Musk’s Trump funding, and paths to negative gearing reform

Watchdog’s interim report slams Coles and Woolworths for squeezing out competition; Republican ground game paid for by billionaire’s Pac

The Guardian - AU

Major supermarkets breached trust, Albanese says

It is "a breach of trust" for supermarkets to behave like this, Anthony Albanese says after Coles and Woolworths were criticised over "misleading" specials.

AAP

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Aldi reigns supreme as more customers compare grocers

Aldi has prevailed in a second supermarket basket comparison, a process many customers are carrying out before their weekly shop.

AAP

Shopping around could help lower grocery prices for all

Aldi shoppers are paying significantly less than Coles or Woolworths customers but the biggest savers could be those shopping across all three.

AAP

Inflation may be falling but business’s drive to maximise profits fuelled Australia’s cost-of-living nightmare

A significant reason for the drop in inflation was the federal government’s energy bill relief fund and the rebates in Queensland, WA and Tasmania

The Guardian - AU

Psychological tricks behind supermarket discounts

Marketing experts say supermarkets are hitting on a human bias to buy with little thought when presented with apparent discounts.

AAP

Australian supermarket pre-popped popcorn taste test: ‘Very addictive … I wouldn’t eat these publicly’

From a packet that would light up a boring work party to another that smells ‘like butter cultured in a jockstrap’, Nicholas Jordan grabs the popcorn – and is not entertained

The Guardian - AU

Phantom brands, ‘seasonal’ discounts and shrinkflation: the pricing tricks used by Australian supermarkets

Coles and Woolworths are accused of inflating prices – but those aren’t the only tactics hurting shoppers

The Guardian - AU

Redditor Seemingly Catches Woolworths Red-Handed With ‘Discount’ Tag Higher Than Regular Price

One Aussie Reddit user has apparently caught Woolworths red-handed with a price tag that doesn't match the discounted tag.

Pedestrian.tv

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AAP

Aussie shares edge lower after RBA keeps rates on hold

The ASX200 fell 0.1 per cent, with fashion retailer Cettire soaring and uranium developers continuing to rise, while supermarkets were down for a second day.

AAP

'Get your act together': PM calls out supermarkets

Coles and Woolworths have been told to start acting in the interests of Australians after the consumer watchdog accused them of misleading customers.

The Guardian - AU

How ‘was/is’ pricing works – and why it’s landed Coles and Woolworths in court

Competition watchdog has accused supermarket giants of breaching consumer laws with alleged ‘price spike’ practices

The Guardian - AU

Afternoon Update: grocery giants sued over ‘illusory’ discounts; new Socceroos coach; and abducted toddler found after 73 years

Anthony Albanese says if the allegations are found to be true it would be ‘completely unacceptable’ behaviour by the supermarkets

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The Conversation

Woolworths and Coles sued by ACCC for allegedly misleading shoppers over the price of more than 500 products

At a time most people are trying to cut their weekly grocery bills, Australia’s supermarket giants have been hit with legal action for allegedly misleading shoppers over the price of hundreds of products.

Pedestrian.tv

Anthony Albanese Backs ACCC’s Allegations Against Coles & Woolworths: ‘Completely Unacceptable’

Prime Minister Anthony Albanese has spoken out against Coles and Woolworths alleged business practises following the ACCC's announcement.

AAP

Streak snapped as Aussie shares slip from record levels

The ASX has had its seven-day winning streak broken, dropping 0.7 per cent after setting several record highs last week.

Pedestrian.tv

The ACCC Is Taking Woolies & Coles To Court Over Price Gouging Allegations

Down, down, the supermarket giants are going down.

The Guardian - AU

AFL stars walk Brownlow medal red carpet – as it happened

This blog is now closed

AAP

Coles and Woolworths head down, down to federal court

The consumer watchdog is taking Coles and Woolworths to court amid allegations the retailers allegedly artificially increased prices on hundreds of goods.

AAP

Shareholders test Coles, Woolies over extinction threat

Australia's supermarket duopoly is facing a double-barrelled shareholder challenge over fish farming threats to an ancient, imperilled species.

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