The Opposition's Supermarket Ultimatum, Explained
Coles and Woolworths could be forced to sell stores if they're found to be price-gouging customers under the Opposition's proposed new divestiture laws that would come into effect, if they are successful at the next election.
#Auspol #Woolworths #Coles
Пікірлер: 13
Maybe the government should do something about their inflation rather than expecting the private sector to just absorb the extra costs.
How about ceasing the changing lf GST on groceries?
How about stopping corporate donations and lobby incentives, THEN we might take these clowns seriously
Unfortunately it's already to late for Australia...prices will never go down. At best they will stay where they are. Any new business looking to come into Australia won't sell at a cost plus, they will sell at what the market will bear, so perhaps at a slight discount (like Aldi). Having just come back from a trip to Europe I can assure you that we pay 2 to 3 times more for most things in Australia and about 5 times more for Alcohol. So even Aldi could likely sell much cheaper, but they don't because the market will bear the higher prices and we have no alternative.
Windfall tax on profits deemed to be the proceeds of pricegouging. More regulation around market diversity.
Why isn't there an ALDI in Tasmania ?
@arclux
19 күн бұрын
Ask them.
Why are you all hating it? i dont get it? its a great idea why isnt labour agreeing im so annoyed with the party for disagreeing with it and the media clearly being paid off and manipulating the Australian peaople
What about loss of jobs?
@sonjakozman1699
19 күн бұрын
We still need groceries. So people will still be employed.
Im a Liberal voter usually and completely do not support their position. It's just a distraction. they make a 1% profit. You create more competition by incentivising smaller players, not by cutting down the larger ones. This is the most efficient way!
@turbyoulance
19 күн бұрын
They make more than 1% .Refer to the senates estimate and the Return on interest where Coles declared it was 30 % which is much more than Banks are making. Remember Brad Banduci was threatened by Nick Mckim for not answering the question.