Ruth Simon is a New York-based reporter for The Wall Street Journal, where she covers small business and entrepreneurship. She has previously covered consumer lending, mortgages and housing ...
And while they have welcomed any recommendations from the ACCC to improve transparency for customers and suppliers, with much of the regu­lator’s 20 recommendations in its report focused on ...
The news: The ASX ended 0.17% higher, clawing back early losses as shares in supermarket giants Woolworths and Coles surged following the completion of the competition regulator's year-long inquiry ...
The ACCC report found that the major supermarkets maintained or increased earnings before interest and tax margins since 2020. In response, Coles pointed out that its net profit after tax had ...
Australia’s major supermarket chains have consistently increased profit margins over the past five years, but it’s not enough to warrant breaking up of the big chains, the ACCC says. Australian ...
“While plenty of us may have been shocked by what the ACCC inquiry revealed, it did serve as a great reminder that the only way to know you truly are getting a good deal is by knowing your ...
It’s no wonder Aussies are being driven to cheap fast food after seeing the consumer watchdog’s inquiry into supermarket prices, Julie Cross writes. While grocery prices have soared by almost ...
In an interview with the ABC, ACCC deputy chair Mick Keogh said the best way to stop margins rising in the supermarket sector was through competition. “We think a better way to go is to enhance ...
The Australian Competition and Consumer Commission (ACCC) has revealed the final report into its long-running supermarkets inquiry, issuing broad recommendations around greater transparency around ...
The "gamification" of supermarket loyalty programs could be influencing customers without them realising, according to the Australian Competition and Consumer Commission (ACCC). The consumer ...
More news: Woolworths and Coles were the top two performing ASX 200 stocks in early trading after the ACCC outlined 20 recommendations to improve competition across supermarkets but stopped short of ...
The Australian Competition and Consumer Commission (ACCC) found greater transparency is needed to curb the practice — where a product is downsized but sold at the same price and/or even higher.