Was it true that price gouging happened in Australia in the last two years?

Shoppers in a supermarket in Sydney (AAP). Source: AP / Rick Rycroft/AP

Excessive profits and price gouging in Australia have come under the microscope as part of an inquiry which started 21 September 2023.

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The review was commissioned by the ACTU, and will look at whether companies have marked up prices excessively over the past two years.

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