Supermarket wars will throw up bargains for investors
As the noise from the various inquiries reaches fever pitch, investors may be presented with opportunities to buy good quality supermarket businesses for a discounted price.
The sheer volume of inquiries into supermarket pricing would appear to be overkill, despite the cost-of-living crisis being real.
The noise will be massive from these inquiries over the next 12 months, including those conducted by the ACTU, Treasury, a senate committee and the Australian Competition and Consumer Commission.
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Mark Draper is a financial adviser with GEM Capital Financial Advice.
