This inflation problem would go a long way to be fixed if the Government consumer price watchdog scrutinised the likes of Coles and co for opportunistic price gouging on a lot of daily life goods. How a box of Nutri Grain has gone up 25-30% in 12 months is b/s when they can put them on at half price and still turn a profit. My local Coles did away with the serviced deli and replaced it with pre packed cold meats and in doing so sneakily upped the price as an example of Devon by almost double, 200g for $3 = $15 kg when I was paying $7kg over the counter and that’s across the board ham ,silverside,salami they think we are all dumb. Consumers get shafted at the end of the process and pay for it for goods as well as on mortgage rates and seems like no one ever realises why and how it happens. The producers see the add on prices at retail levels and so put their prices up accordingly for their slice of the pie. Two King Island frozen pies $7 to $9 in 6 months, cans of dog food same,you could walk around the supermarket every islets the same ,why ? the costs haven’t gone up that % it’s just gouging full stop. At the end of the day it affects the Stockmarket so in effect we pay for it 3x while Philip Lowe pretends to be doing us all a favour.
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