Bring in ALDI, Tassie senator demands, as supermarket price probe ends

Bring in ALDI, Tassie senator demands, as supermarket price probe ends

Shares of Woolworths and Coles rise as ACCC report avoids penalties, calls for more competition and transparency.

Why a price comparison tool would be a boon for consumers – and the ACCC

The ACCC handed down its 441-page report calling for new supermarket oversight – despite the inquiry running for over a year, it was unable to determine whether price-gouging was taking place. The consumer watchdog revealed Australia’s supermarkets are some of the most profitable in the world but noted that there is nothing illegal about businesses making a profit. “There is nothing structural that the ACCC can do to improve competition,” Dr Rob…