Australia's largest stock trading and investment forum Australia's #1 stock forum

Supermarket rorts, page-50

First 50 Last

Share
Profile

Follow
TheCapatilist

4,424 Posts.

112

11/01/24

18:11

Post #: 71837428
Share

Originally posted by logco: ↑

The inquiry is a cheap shot at supermarket price gouging is chance for Albo to big note himself I bet the fact that Aldi and Costco do not pay tax in Australia will not be looked at while Coles ,Woolworths and Metcash do.
Calling the inquiry in to price gouging is unfair and looks like they have already found them guilty before the inquiry has started. The super markets have faced rises in wages,steep rises in utilities and cost from transport.
When Coles announced their profit their share price dropped $2 hardly an endorsement of huge profits.Coles earned .76c per share and payed out .66c a share to give a grossed up yield of 5.9 % .
Australians would expect 8% to 10% performance from their super funds yet bitch about supermarkets profits when Coles and Woolworths are not making the grade. What will happen next will the super funds ditch supermarkets because they are not performing, lets address the inequality in company tax first.

Expand

Quite simple really, if you don’t want to pay the
price on the shelf at Coles or Woollies go
shop at Aldi or The Reject Shop.

Have you seen the price of running shoes Albo?
I demand an enquiry into the price sport shops
are charging.
2 Upvote

Reply

Top Stories

RBA keeps rates steady at 4.35%, reflecting expectations

From the Floor with Kim Beazley at Diggers and Dealers 2024

Revolutionary inverter technology leads the clean energy charge

Brightstar tops votes in 2024 Kalgoorlie Super PITch

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

There are more pages in this discussion • 109 more messages in this thread...

First 50 Last