At a time when the weekly grocery shop is costing some Aussie households triple figures, an expert has revealed the methods supermarkets employ to encourage consumers to spend more. According to comparison site Finder’s consumer sentiment tracker, families are spending on average between $78 and $210 when they head toContinue Reading
Australia’s major supermarkets have been accused of potentially misleading consumers with promotional deals that offer little or no discount. Research by consumer advocacy group Choice suggests one-in-four shoppers find it difficult to identify when a supermarket label represents a genuine discount on the usual price. More than 1000 consumers acrossContinue Reading
A rising number of Australians are spending up to one-quarter of their income on groceries and people are skipping meals to feed their children, the consumer watchdog has been told. More than 13,000 Australians made submissions to the ACCC’s supermarkets inquiry into pricing practices, including many who detailed how theyContinue Reading
Australia’s consumer watchdog would have the power to ask the courts to split up supermarket giants and crack down on duopolies, if parliament votes in favour of a new Bill. The Greens on Wednesday will introduce divestiture legislation in the Senate, that would allow the Australian Consumer and Competition CommissionContinue Reading
A fruit grower has warned he will soon be forced to quit the apple industry because soaring labour costs are outpacing the low produce prices offered by grocery chains. One food producer has warned that Australia won’t have any family farms left by 2040. NSW fruit grower Ian Pearce toldContinue Reading
The company behind major fashion brands Noni B and Rivers has been taken to Federal Court by the consumer watch dog for allegedly failing to deliver hundreds of thousands of items on time. Court proceedings commenced on Monday as the Australian Competition and Consumer Commission (ACCC) alleged the national retailer,Continue Reading
Australia Post is running a “two-speed” business and some of its stores may need to close, its chief executive Paul Graham has warned, as continued losses in the service’s letter division weighed down profits in the final six months of 2023. Releasing half-year results on Friday, Australia Post reported aContinue Reading
The consumer watchdog has been formally directed to investigate the supermarket sector, amid concerns Australians are being ripped off at the checkout and the farmgate. Treasurer Jim Chalmers directed the Australian Competition and Consumer Commission to investigate the competitiveness of retail prices and allegations of price gouging in the supermarketContinue Reading
Emirates president Sir Tim Clark believes the treatment of Alan Joyce was “unfair”. The longstanding Qantas chief executive suddenly stepped down from the top job two months early in September last year amid a string of controversies for the airline. He had initially announced in May he would retire inContinue Reading
Australia’s consumer watchdog has indicated it will not oppose Australia Post’s bid to increase stamp prices by as much as 25 per cent as it seeks stakeholder feedback on the proposed decision. The nation’s postal service last year announced prices for reserved ordinary letters delivered to the regular timetable wouldContinue Reading