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Lady Penny

14,428 Posts.

102

03/05/24

18:47

Post #: 73657707
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Originally posted by Fishinnick ↑

I think Australians are struggling too but it's not due to the supermarkets.

It's not 6c an item, it's 6% of sales or they make $6 for every $100 spent.

I agree they likely cheat the farmers but thats only because our government has allowed them to grow to such a big size of market share they can flex their power at them, it wasn't that long ago the supermarkets were dictating what price milk should be sold to them at, bit like standover tactics i suppose however don't forget if they didn't squeeze their suppliers then groceries would be higher in price again.

I would break up the bi two supermarkets, i don't think any one supermarket should have more than a 20% share of the market as it's very uncompetitive otherwise, too much power in too few hands aswell.

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Whether it's 6c or 6 percent, multiply it by millions. They've been proven to be price gouging and we need laws in place to punish them and any other business. Same for airlines and energy companies. Now price of water going up from hydro and how did the sun go up from solar panels? Amazing stuff. Just price gouging all the way. This not only affects us it affects small businesses.

I'm surprised I thought you were against socialism?
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