Food prices have skyrocketed in recent years. While groceries went up by 8% last year, some items, like cheese or olive oil have jumped by 30% or even 50% in just a few short years.
Millions of families are struggling to put food on the table, while Coles and Woolies make record billion dollar profits and their CEOs take home enormous, multi-million dollar bonuses.
It's clear that big corporations are fuelling this cost of living crisis – from the big banks, through to energy companies and supermarkets. While you’re struggling with the cost of living, they’re using inflation and supply chain issues as cover to raise their prices whenever they like.
The Labor Government has the power to rein in the supermarkets. Instead, they’re backing their corporate mates and letting them get away with it.
The Greens are taking on Coles and Woolies to cut the cost of food for everyone. We’ve secured a Federal Senate Inquiry into the market power, lack of competition and pricing practices of the major supermarkets.
The inquiry will examine the cost of Coles and Woolies’ price-gouging on your cost of living. We’ll be questioning their pricing practices, profits and treatment of suppliers.
Have you got inside knowledge about Coles and Woolworths? We want to hear from you. Since the inquiry commenced, we have received information from insiders about the dodgy practices of Coles and Woolworths, but we know we’ve only heard the tip of the iceberg. If you have a story to tell about supermarket price gouging go here and let us know!