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Published 1 month ago

Silent Bill Killer: who pillages Australians hardest? It ain't groceries or power bills, and profits are up 534% - Michael West

Summary by Ground News
Industry X is a duopoly with two businesses owning about 2 in 3 retail customers. Between them they have 84% of us on their books. Prices were up 12-18%, depending on the product category. One car insurance customer was charged $545.55 by Bingle in 2022, only to be asked for $1225.38 upon renewal in December 2023. That's a 125% increase despite no claims or changes to the cover.

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