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The ACCC has found that Coles and Woolworths are some of the world’s most profitable supermarkets.

Supermarkets may not be price gouging, but don’t discount the need for a stick

The competition watchdog has stopped short of calling them out for excessive prices. Here’s why we still need to keep the pressure on.

  • Millie Muroi

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Woolworths, Coles, Aldi and Metcash (IGA) are under pressure to lower grocery prices by the government.

There’s no proof big supermarkets are price gouging, but Labor will ban it anyway

Labor would target supermarkets price gouging customers but has stopped short of Peter Dutton’s populist plan to give regulators power to break up big chains.

  • Millie Muroi and James Massola
The ACCC found the price of food, including cheese, milk and eggs, had increased far more than wages since the start of the COVID-19 pandemic.

Checkout pain: Australia’s supermarkets among most profitable in the world

Shoppers’ complaints that they are being burnt at the nation’s checkouts has been vindicated by a damning report by the consumer watchdog.

  • Shane Wright, Jessica Yun and Millie Muroi
Supermarkets are waiting for the ACCC pricing inquiry to land

Waiting for the other shoe to drop: Woolies and Coles will lose even if profits rise

Any hint that supermarket prices have gone up faster than the prices they paid to their suppliers will be seized upon as a treacherous betrayal of customers.

  • Elizabeth Knight
Bare shelves in a Melbourne Woolworths in late November.

Woolworths to slash jobs, product ranges in $400m cost-saving drive

The nation’s biggest supermarket chain has suffered a $190 million earnings slump in the latest half after a two-week strike stripped shelves late last year.

  • Jessica Yun
Surcharges are increasingly being added for card payments – but Australia’s biggest bank wants them scrapped.

Qantas, Virgin warn of higher prices if card surcharges banned

The airline duopoly has defended card surcharges, saying they give customers choice and keep prices low.

  • Millie Muroi
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This sneaky tactic almost cost me $400. It’s time we do something about it

The digital age offers us many conveniences, but it’s also opened the door to new types of exploitation.

  • Noel Whittaker
Financial Services minister Stephen Jones has committed to make bank, telcos and online operators liable for scam losses.

Tech giants claim banks should be on the hook for scam refunds

Tech giants and banks are at loggerheads over planned anti-scam laws, which could result in hefty fines for banks, mobile networks and social media firms.

  • Sumeyya Ilanbey
A quiet revolution has taken place involving Australia’s prosecution of criminal offences under the Corporations and ASIC acts.

It’s the vibe: Federal Court’s new powers to hear criminal cases raise eyebrows

In the refined and polished corridors of the Federal Court, a quiet change has occurred that could flip financial crime prosecutions on their head.

  • Sarah Danckert
The VHH is a way for Victoria to future-proof its citizens against heart disease for the next five decades.

Started a new year health kick? Beware the ‘subscription trap’

Gyms, streaming services and meal-kit providers are being targeted by proposed new laws that will crack down on unfair business practices.

  • Millie Muroi

Original URL: https://www.smh.com.au/topic/australian-competition-and-consumer-commission-jl6