How about this? Australian supermarket shoppers have been hit by significantly lower grocery price rises than if they were living in the UK, the US, Canada or New Zealand.
Yes, lower price hikes than even the UK, where discounter Aldi has broken into the “big four” of Tesco, Sainsbury’s, Asda and Morrisons to create one of the world’s most competitive supermarket markets.
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Michael Stutchbury is editor-at-large. He is in his fourth decade of writing for and editing national newspapers. After nearly six years as editor of The Australian, he returned to the Financial Review as editor-in-chief (2011-2024). Email Michael at mstutchbury@afr.com
