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Home > ABC News Daily > Big supermarket profits and your grocery bills
Podcast: ABC News Daily
Episode:

Big supermarket profits and your grocery bills
Category: News & Politics
Duration: 00:13:08
Publish Date: 2023-08-23 16:00:00
Description: Australia’s dominant supermarkets Coles and Woolworths have returned bumper profits of $1.1 billion and $1.62 billion respectively for the full financial year. So, are shoppers getting a fair deal during a cost of living crisis? Today, Prashan Karunaratne from Macquarie Business School on the market power of the big players and why it might be worth avoiding them altogether. Featured: Prashan Karunaratne, Bachelor of Commerce course director at Macquarie University
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