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.
‘People are gross’: Mystery of Sydney’s real estate pooper explodes
Something is afoul in the cutthroat real estate market of our nation’s biggest city, with multiple homeowners reporting a curious phenomenon that stinks to high heaven.
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 ...