ACCC finds Australia’s supermarkets are among the world’s most profitable – but doesn’t accuse them of price gouging
The long-awaited, 441-page final report also doesn’t recommend new divestiture powers or breaking up the supermarkets.
Australian Supermarket Stocks Surge After Competition Report
SYDNEY--Shares in Australia's two dominant supermarket operators climbed after the country's competition regulator said it couldn't confidently say whether their prices and margins were excessive.
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Raised buyer sentiment boosts Sydney’s buyer enquiries
Following the cash rate cut and increased listings, Sydney buyer inquiries surged to the highest level in three years.
Roxy Theatre owners threaten legal action against Sydney Metro
Owners of the Roxy Theatre in Parramatta have threatened legal action against Sydney Metro for blocking the development of ...
Broken apartment market has deep structural challenges
Property advisory firm Charter Keck Cramer says 2024 was arguably the hardest year ever for the city’s new-build apartment ...
Dodge the crowds: Other places to go in the world’s top tourist cities
The world’s most popular cities may be inundated with tourists, but you don’t have to become part of the crowd – just switch ...
Australia's supermarkets grew profit margins as living costs soared, says regulator
Australia's dominant supermarket chains have benefited from wider profit margins at a time of rapidly increasing shelf prices ...
Expensive city Aussie are fleeing - but here's where they're NOT going
Australians are fleeing overcrowded Sydney in droves but fewer of them are now moving to the Gold Coast and Perth. High levels of overseas migration are adding to housing pressures, causing ...