ASX Announcements
Application for quotation of securities - COL
Appendix 2A (Application for Quotation of Securities)
- Sep 30, 2024
- 6 pages
Market Sensitive
AXX: WOW and COL in court over alleged misleading claims
Company Administration - Other
- Sep 23, 2024
- 5 pages
This Month
SPC heads back to the ASX for the first time in two decades
The century-old agribusiness group which began life as a farmer co-operative is merging with listed Original Juice Co and expanding into dairy products.
- Simon Evans
September
ACCC supermarket case won’t hurt view of big business: AFR readers
Allegations Coles and Woolworths misled consumers with fake discounts have not significantly undermined confidence in big business generally, according to a new poll.
- Tom McIlroy
Keep Bunnings and Chemist Warehouse out of supermarket wars: industry
As Labor considers tough powers for retailers abusing market share or mistreating suppliers, the food sector has warned against expansion of a key code of conduct.
- Tom McIlroy
How supermarkets get us to spend more than we planned
Consumer behaviour experts say supermarkets are masters at knowing which buttons to press to get customers to spend more than they intended.
- Euan Black
Negative gearing explodes | Coles’ and Woolies’ dodgy discounts | The corporate Power list
This week on the Chanticleer podcast, James and Anthony look at how the supermarket giants were accused of dodgy discounting, ask who will win the brawl over negative gearing, and examine the corporate Power list.
Fight or fold? Coles, Woolies face the angry shoppers they ‘fooled’
With its bombshell allegations this week the ACCC has given the big supermarkets two options, neither particularly palatable. Do they fight or do they fold?
- Patrick Durkin
- Opinion
- Letters to the Editor
A plea for genuine reform from a young taxpayer
Readers’ letters on the lack of meaningful policy thinking; misleading discounts; the plague of populism; training for accountants; attacks on Hezbollah; and Gina Rinehart’s email.
Investors blame supermarket ‘arrogance’ for dodgy discount lawsuit
But some fund managers say a slump in Woolworths and Coles shares is a buying opportunity, betting the ACCC’s claims will be hard to stand up in court.
- Carrie LaFrenz
Woolworths, Coles price manipulation claims come at tough time for BCA
Liberal and Labor MPs say that the claims against the supermarkets undermine corporate Australia’s efforts to position itself as a critical plank of prosperity.
- Tom McIlroy
Aldi the big winner from Woolworths and Coles price gouging backlash
Investment banks warn of huge penalties and reputational damage after the ACCC alleged the supermarkets advertised specials that were cheaper weeks earlier.
- Joshua Peach and Tom McIlroy
- Opinion
- ACCC
Coles and Woolworths score own goal on dodgy discounts
The big supermarket chains have already lost the public relations war over the ACCC’s allegations of fake discounts. What’s the next move?
- Jennifer Hewett
It was cybersleuths who (allegedly) caught Woolies, Coles in the act
In the end, it wasn’t the government, or Treasury, or a parliamentary committee that caused the biggest headache for the country’s supermarket giants this year.
- Kylar Loussikian
- Opinion
- Chanticleer
Coles, Woolies go ‘Down Down’ in the court that matters
Lawyers may tell Coles and Woolworths to fight the ACCC. But this is much more than a legal battle.
- Anthony Macdonald
- Opinion
- Supermarkets
Did ‘illusory’ discounts from Coles, Woolies really mislead consumers?
The murky legal issue for the ACCC case against the big two supermarkets is what constitutes a “reasonable” period between a price increase and a subsequent promotional saving.
- Robert Hadler
- Updated
- Supermarkets
Woolworths, Coles faked discounts on hundreds of products, says ACCC
The regulator is suing the country’s two biggest supermarkets, claiming they told customers prices were falling when they were actually higher than before.
- Updated
- Carrie LaFrenz, Tom McIlroy and Ronald Mizen
Supermarkets ‘faked discounts’; RBA reform dead; ASIC targets crypto
Read everything that’s happened in the news so far today.
Yoghurt sales close on fresh milk amid health kick, helping Bega
The country’s largest producer added $700 million to its market capitalisation this year, as new high-protein and low-sugar products send sales soaring.
- Simon Evans
Woolworths faces investor calls to ditch Big W, New Zealand
The new chief executive of the country’s supermarket chain is being urged to focus on the company’s core business, which is losing ground to Coles.
- Carrie LaFrenz and Jonathan Shapiro
Vintage Cellars to disappear under Coles’ bottle shop rebrand
Coles is trialling an enlarged Liquorland footprint as its best chance of catching up to rival retailer Dan Murphy’s.
- Carrie LaFrenz
These three charts show how Coles is outperforming Woolworths
The country’s second-largest supermarket chain is doing better than its bigger rival – from more stock on shelves to lower theft and better value. Here’s why.
- Carrie LaFrenz