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Grocery chains face fines in Australia over pricing, PM warns

  • Australia's Prime Minister Anthony Albanese pledged to outlaw supermarket price gouging and impose heavy fines ahead of the May 3 general election.
  • Albanese emphasized that "Australians deserve a fair go at the checkout," stating legislation will hold supermarkets accountable for unfair pricing practices.
  • Coles and Woolworths dominate Australia's grocery sector, facing criticism for their growing profit margins and limited price competition.
  • The government aims to alleviate the cost of living, a major concern for voters.
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illawarramercury.com.auillawarramercury.com.au
+3 Reposted by 3 other sources
Lean Left

PM warns of 'heavy fines' for supermarket price gouging

Anthony Albanese is vowing to ban price gouging at the checkout but the opposition claims he's too weak...

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  • 45% of the sources lean Left
45% Left
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Australian Financial Review broke the news in Sydney, Australia on Sunday, March 30, 2025.
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