Are the major supermarkets price gouging to get record profits?

Supermarket giants accused of price gouging during a cost-of-living crisis could be scrutinised by a parliamentary committee.

Woman checking the grocery receipt using her smartphone Source: iStockphoto / cyano66/Getty Images/iStockphoto

Key Points

• The Greens will seek to establish a committee inquiry into the impact of market concentration on food prices and the pattern of pricing strategies employed by the supermarket duopoly.
• Woolworths and Coles, together make up about two-thirds of Australian grocery sales.
• Nationals leader David Littleproud says a parliamentary inquiry would take too long when action was needed now to address the cost of living crisis facing Australians.

LISTEN TO THE PODCAST

Mataas na presyo ng paninda sa malalaking supermarket sa Australia planong isailalim sa parliamentary inquiry

SBS Filipino

04:35Filipino