this post was submitted on 30 Sep 2025
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Albanese invites Arab 'hypermarket' to compete with Coles and Woolworths (www.sbs.com.au)
submitted 3 months ago by HalfEarthMedic@slrpnk.net to c/australia@aussie.zone
39 comments fedilink hide all child comments
 

As Australia grapples with a supermarket monopoly, Prime Minister Anthony Albanese hopes the expansion of this Emirati "hypermarket" might bring in some competition.

Colesworth vs Lulu?

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[–] FreedomAdvocate 0 points 3 months ago* (last edited 3 months ago)

Uh oh, people won’t like you pointing out that Colesworth aren’t making huge margins and aren’t price gouging.

The issue is cost of everything in the supply chain before it gets to colesworth for us to buy has gone through the roof since Covid thanks to the governments terrible handling of, well, everything economy related since then. As you said, colesworth haven’t doubled their profit margin since prices have doubled. They’re not making gigantic profits despite their revenue increasing.

I don’t know how you got to house prices being the cause though. House prices are a symptom of the rampant inflation and other government policies, not the cause.