Australia

Honestly, it’s not going to do much - even Aldi has had a limited overall impact.

Both Coles & Woolies are publicly traded companies, we can freely see their financials every quarter. They both post a net profit of ~5-6% once it’s all said and done - hardly a fat margin for other players to come in and drastically undercut.

The bare truth of the matter is that we have a small population in a large amount of space, with compare high wages (this is good). Transporting fruit and veg from tropical FNQ to VIC and TAS in the winter comes with associated costs; labour, fuel, wear & tear all need to be accounted for.

It all comes back to property prices, though - we feel that food is expensive because the cost of keeping a roof above your head, whether through owning or renting, has just skyrocketed over the past 30 years.

Every other beat-up article talking about inflation or supermarket prices is just another distraction from the actual underlying cause: housing being turned into a financial vehicle.

So let’s ignore the noise, and actually address the root cause by going after all of the unfair tax incentives and subsidies afforded to the land-hordes at the cost of everyone else.