ABC reports Australia’s biggest retail companies including Woolworths, Coles and Bunnings were summoned to a Senate inquiry to respond to claims of price gouging and mistreatment of suppliers. It comes as growers call for the toughest approach possible to rein in what they say is an abuse of market power. Rhiana Whitson reports.
By cairnsnews
From the land of Australians
I haven’t shopped with the Big-2-Profiteering-Pirates since they took away my choice of service, and I haven’t missed them at all.
So many complain, yet so many won’t make a change. These stores can’t operate without our money.
They have you all hooked on the “convenience.” Everything you need in ONE shop. There is no need to go to your local shop or the butcher, or the greengrocer, or the baker, etc.
Now they are working on your compliance…checkout and pack your own groceries, accept higher prices, still shop with us even though we cut out Australia Day, Anzac Day, Easter, fly rainbow flags and celebrate Ramadan. Keep coming even though we fired your children and relatives for not following orders to take the clot-shot. Next, it will be no cash accepted and worse. And still they will come!
Put your money where your mouth is people and make a change. Send a message to the “supposedly” powerful. It’s not as hard as you think!
Nice Frank.Ed
Abt 2 or 3 days ago I observed High School students from Vermont High in Vermont, Victoria, in the Vermont South Shopping Centre Vermont Sth, collecting data of products, where they come from and what they sell for. One of these students told me, that their data then will be put together into a report.
I just wonder, is this report then forwarded to marketing Companies or other conglomerates? Or is this purely a Geography lesson?
My local Aldi has installed self serve checkouts leaving only 2 cashier checkouts using a person. These self serves are CARD ONLY.
Refuse to use them even if you have to queue and use CASH.
I did that the other day and was gratified to hear the couple in front of me saying they would never use the self serve counters either.
And also check your local area for farmer’s markets often run at the local school. There is one near me and I am surprised about how many people do not know about this outlet. Also find a local butcher.
We can do this!
@williammoroney
April 19, 2024 at 1:39 pm “It’s called free enterprise”
Nothing free about holding the farmers, producers and consumers hostage to a market monopoly.
It’s now called “the law of the jungle” where the predators gorge themselves on as much as their bellies can take.
I went for a look around in Coles and Woolworths during the week to see if they put the prices down after the kerfuffle and indeed they did there were lots of “half price” specials but as most of the prices had previously doubled, it didn’t make much difference.
The real facilitator here is the local councils who like aircon malls and get their famous parking lot kickbacks, these days would be career opportunities for the “talented” ie skilled bullshitters.
The local councils need to stop cracking down on FREE ENTERPRISE such as local marketing, farmer’s markets etc., the village open market day precedes all shops by centuries or millennia. Aircon malls are a new thing and a get rich quick scheme. Personally I don’t much like going in but shop operators are forced in there by the local councils who won’t let people work and sell from home.
Originally regulation was supposed to be the cure but now we have so much over-regulation it has become the evil. We are all self-regulated by now so it’s ok to ditch the regulations, let people go back to commercial freedom, let them have their lives back, and let the shopping centres fail one by one as we go back to the corner milk bar, bakery, greengrocer etc.
Two further thoughts….support your local organic grocers and farmers markets. And grow your own food with good organic seeds if you can.
Hey folks, here’s a tangential take on the monopoly supermarket BS that has CAPTURED all of us here in Australia.
Use CASH at all times whenever you can. And boycott the Globalist-owned New World Order ARSEHOLES like Coles and Woolworths and ANYONE ELSE that’s trying to force us into their CASHLESS Social Credit Score Digital ID CBDC Dystopia.
This is WORLDWIDE, folks, this is LOCKSTEP courtesy of the usual suspect baby-eating PSYCHOPATHS over there at the World Economic Forum. Our fake “governments” and the BANKS and the CORPORATE RETAIL SECTOR are all working SECRETLY in LOCKSTEP to CORNER us all and leave us NO ESCAPE.
Check this out if you’re in any doubt…
.com/video/rz9DiqJGMBU/
(stick “bitchute” at the front)
And FWIW, it’s been said before OVER AND OVER AGAIN, get your money OUT OF THE F*CKING BANKS.
While you still can.
The Supermarket duopoly are the NWO. They’re majority owned by the usual suspects…Blackrock, Vanguard and State Street and are 100% onboard with the Beast system that is being implemented. They’re the scum of the earth.
Sorry William will agree with you on the free markets bit, but what the Senator was trying to get an acknowledgement out of the ex CEO was the Return on Equity meaning net profit after all expenses paid as part or full distribution to shareholders. 2023 was 26%, 2022 was 28% and peak Covid 2021 was 105%. Prior years were an average 17%.
Now the CEO was trying to spin the accounting financials to include long term debt into the equation which would bring down those figures, but that is not the correct practice as interest on debt is claimed as an expense in your profit and loss for a tax year but long term debts are part of your balance sheet in liabilities which remain with a company if it was to be sold or restructured, not part of day to day accounting or going concern. Profit shown above is relative to a business or companies net earnings in a tax year.
So I think the Senator is correct in his call as he can definitely see a period of price gouging in the last ten years.
I would also agree with you that people should try to support their small local businesses wherever possible.
Ooooh it’s the all so toothless senate inquiry where the Senator asks the hard questions and the questionee says “ ill take that on notice”
Which means to anybody watching “I’m not going to answer that question”
And the Senator eventually throws their hands in the air and walks out in frustration.
This happens waaaay too much!
These corporations, bureaucrats, all round incompetents and criminals and even Senators responsible for portfolios and agency heads that somehow managed their way into positions of power stubbornly refuse to answer questions that are absolutely necessary for the proper function of our democracy.
Those found in the position of senate inquiry have had the proposed questions given to them for weeks prior to their appearance and have had ample time to find out the answers to their questions and have them available for the inquiry.
But somehow they don’t.
They shuffle papers and look at each other and hum and harh and refer to other people at the table but eventually they all say “I’ll take that on notice”
To the average person watching this farce it says “I’m not going to answer that question because the answer is so incriminating that the public would come and hang me”.
So the average public thinks that now anyway.
It proves the untrustworthiness of those who are being questioned and it needs to stop.
It should be a crime punishable with the same sentence as contempt of court until they answer the question in the public forum as they should.
They should be thrown in jail with all those who conspired with them to avoid the public scrutiny and left there until they do.
You watch how quickly they answer those questions if that’s the end result of their stonewalling the public in a senate inquiry.
Anybody right now who watches this farce can only have contempt for our govt.
It STINKS!
[…] Source link […]
It’s called free enterprise and if the consumers don’t like the prices charged then they should vote with their feet. Both Coles and Woollies have a profit margin of about 3% for their vast revenue comes from vast sales. Think from the bottom up, wages that drive operating costs up and so it goes on from there. Labor and their green mates are trying to really turn us into a Soviet Union Mk 2 for the soviets tried “price fixing” as it were by putting a price on everything and in fact I still have an old sunglasses case with two prices stamped on it to remind me of my time there. One price was for cities and the other for country areas so just remember what happened to the Soviet Union and ask ourselves if we want that system here where the government determines what price can be charged for what item.
Time to break up the monopolies…. they are inimical to our wellbeing.