In times where every cent matters, keeping a close watch on our regular spending has become par for the course.

A pressing concern for many Australians lately has been the noticeable uptick in supermarket prices. Beyond our grocery bills, even airfare costs have seen a sharp increase. So, what's behind these shifts?

The union-backed investigation is seeking answers to address ‘skyrocketing supermarket prices and surging airfares.’

The Australian Council of Trade Unions (ACTU) is spearheading this investigation with Professor Allan Fels in charge.

During the inquiry, Rebecca Thistleton, the Executive Director of McKell Institute, stated that price gouging was now a harsh reality, particularly for those in rural and remote regions.

Ms Thistleton explained, ‘When you already have decreased competition, the increased costs of getting fruit and vegetables transported to these areas mean the prices become unmanageable for anyone.’

Thistleton referenced research from the National Indigenous Australians Agency, showing that remote communities pay up to 40 per cent more for groceries than those in capital cities.

She underscored cases where consumers shelled out ‘$12 for a box of Cornflakes’ or ‘$13 for a small jar of Vegemite.’

Have you ever seen Vegemite priced at $13 a jar? What's the most you've ever paid for it? Image source: Pixabay.

But this isn't just about groceries.

Mike McNess, the National President of the Transport Workers Union, informed the inquiry that Qantas airfares had increased by 32 per cent compared to pre-pandemic levels.

He said: ‘While airfares have gone through the roof, service standards have gone through the floor’ and further added: ‘Paying a third more for a ticket wouldn't be justified even if standards had improved.’

However, in Qantas' annual report, the airline states that, compared to the days before the pandemic, its domestic fares have risen by only 4 per cent from pre-Covid levels, and its international fares have increased by 10 per cent, adjusted for inflation.

The Transport Workers Union alleges that Qantas airfares have risen by 32 per cent compared to before the pandemic. Image source: Pixabay.

The inquiry marks the most recent phase in the continuing debate between employer groups and unions about the factors fuelling inflationary pressures in the economy.

At the inquiry's start, Professor Fels openly stated that price setting is the ‘missing piece’ to understanding Australia's inflation patterns.

Inflation has dropped from its 7.8 per cent peak in the December quarter to a recent 4.9 per cent. However, Professor Fels stresses the importance of understanding the impact of higher prices on households and identifying the reasons for the price increase.

‘I want to focus on the immediate prices. What's driving them? How are they set? Are they fair or unfair? Would they survive if there is true competition?’ he said.

The ACTU often referenced a recent analysis by the Organisation for Economic Co-operation and Development (OECD) from June.

This analysis revealed that in Australia, as inflation sped up early last year, higher prices were primarily driven by profits, especially from mining and energy companies.

Furthermore, the OECD found that when inflation hit its peak at 7.8 per cent in the December quarter, both profits and labour costs equally drove the price hikes.

Andrew McKellar, Chief Executive of the Australian Chamber of Commerce and Industry, described the inquiry as a ‘pantomime’. Image source: NCA NewsWire / Gary Ramage.

After the inquiry's initial hearing, Andrew McKellar, Chief Executive of the Australian Chamber of Commerce and Industry (ACCI)—Australia's top business lobby group—described the inquiry as a ‘pantomime.’

‘It is a farcical inquiry. It is limited, superficial and has no power,’ McKellar said.

‘We already have bodies like the Australian Competition and Consumer Commission (ACCC) that are tasked to examine poor behaviour in the economy. Why the unions now feel they have a mandate to examine this issue is unusual.’

The inquiry will present findings and recommend policy solutions to the ACTU to curb future price gouging in an interim report by the end of this year.

Key Takeaways

• A union-backed inquiry is investigating allegations of price gouging in supermarket prices and airfares.
• The Australian Council of Trade Unions, led by Professor Allan Fels, is conducting a probe into competition.
• Rebecca Thistleton of the McKell Institute highlighted price gouging issues in rural areas due to decreased competition and rising costs.
• The inquiry will provide the ACTU with findings on price gouging in an interim report by year-end.

Members, we want to hear from you! Have you personally felt the impact of price gouging on your day-to-day expenses? Share your experiences and thoughts with us below. How has it affected your household or business?

 

[Leenie]

I thought there would be a mention of honey. Having not buying it for years and thinking it was going to be a few dollars was a mistake. Little change from $10 for an average squeeze bottle. I was ready to call for the in store defibrillator!

I buy honey from the honey man $10 a kilo,pure honey not adulterated.

 

[Leenie]

I buy honey from the honey man $10 a kilo,pure honey not adulterated.

We have 2 suppliers I buy from.

 

[DEL boy]

In times where every cent matters, keeping a close watch on our regular spending has become par for the course.

A pressing concern for many Australians lately has been the noticeable uptick in supermarket prices. Beyond our grocery bills, even airfare costs have seen a sharp increase. So, what's behind these shifts?

The union-backed investigation is seeking answers to address ‘skyrocketing supermarket prices and surging airfares.’

The Australian Council of Trade Unions (ACTU) is spearheading this investigation with Professor Allan Fels in charge.

During the inquiry, Rebecca Thistleton, the Executive Director of McKell Institute, stated that price gouging was now a harsh reality, particularly for those in rural and remote regions.

Ms Thistleton explained, ‘When you already have decreased competition, the increased costs of getting fruit and vegetables transported to these areas mean the prices become unmanageable for anyone.’

Thistleton referenced research from the National Indigenous Australians Agency, showing that remote communities pay up to 40 per cent more for groceries than those in capital cities.

She underscored cases where consumers shelled out ‘$12 for a box of Cornflakes’ or ‘$13 for a small jar of Vegemite.’

View attachment 30555

Have you ever seen Vegemite priced at $13 a jar? What's the most you've ever paid for it? Image source: Pixabay.

But this isn't just about groceries.

Mike McNess, the National President of the Transport Workers Union, informed the inquiry that Qantas airfares had increased by 32 per cent compared to pre-pandemic levels.

He said: ‘While airfares have gone through the roof, service standards have gone through the floor’ and further added: ‘Paying a third more for a ticket wouldn't be justified even if standards had improved.’

However, in Qantas' annual report, the airline states that, compared to the days before the pandemic, its domestic fares have risen by only 4 per cent from pre-Covid levels, and its international fares have increased by 10 per cent, adjusted for inflation.

View attachment 30556

The Transport Workers Union alleges that Qantas airfares have risen by 32 per cent compared to before the pandemic. Image source: Pixabay.

The inquiry marks the most recent phase in the continuing debate between employer groups and unions about the factors fuelling inflationary pressures in the economy.

At the inquiry's start, Professor Fels openly stated that price setting is the ‘missing piece’ to understanding Australia's inflation patterns.

Inflation has dropped from its 7.8 per cent peak in the December quarter to a recent 4.9 per cent. However, Professor Fels stresses the importance of understanding the impact of higher prices on households and identifying the reasons for the price increase.

‘I want to focus on the immediate prices. What's driving them? How are they set? Are they fair or unfair? Would they survive if there is true competition?’ he said.

The ACTU often referenced a recent analysis by the Organisation for Economic Co-operation and Development (OECD) from June.

This analysis revealed that in Australia, as inflation sped up early last year, higher prices were primarily driven by profits, especially from mining and energy companies.

Furthermore, the OECD found that when inflation hit its peak at 7.8 per cent in the December quarter, both profits and labour costs equally drove the price hikes.

View attachment 30557

Andrew McKellar, Chief Executive of the Australian Chamber of Commerce and Industry, described the inquiry as a ‘pantomime’. Image source: NCA NewsWire / Gary Ramage.

After the inquiry's initial hearing, Andrew McKellar, Chief Executive of the Australian Chamber of Commerce and Industry (ACCI)—Australia's top business lobby group—described the inquiry as a ‘pantomime.’

‘It is a farcical inquiry. It is limited, superficial and has no power,’ McKellar said.

‘We already have bodies like the Australian Competition and Consumer Commission (ACCC) that are tasked to examine poor behaviour in the economy. Why the unions now feel they have a mandate to examine this issue is unusual.’

The inquiry will present findings and recommend policy solutions to the ACTU to curb future price gouging in an interim report by the end of this year.

Key Takeaways

• A union-backed inquiry is investigating allegations of price gouging in supermarket prices and airfares.
• The Australian Council of Trade Unions, led by Professor Allan Fels, is conducting a probe into competition.
• Rebecca Thistleton of the McKell Institute highlighted price gouging issues in rural areas due to decreased competition and rising costs.
• The inquiry will provide the ACTU with findings on price gouging in an interim report by year-end.

Members, we want to hear from you! Have you personally felt the impact of price gouging on your day-to-day expenses? Share your experiences and thoughts with us below. How has it affected your household or business?

 

[DEL boy]

What more can be said about Quaintarse Airways, Joyceie rouges?

 

[Rob44]

Yes of course we all notice the price increases at the supermarkets . Specials are certainly not as good then they have the cheek to say buy 2 of the same item to get the reduction . Supermarkets are their to keep making bigger profits , Governments are the same it’s all about greed

To get the reduction when you buy two of the item, Woolworth demands that one be a "Member" which entails giving Woolworthless your details etc which is as far as I am concerned an invasion of my privacy, such as it is left these days. I fail to see why I should give the price-gouge people any personal details as firstly I don't trust their security and second those details and the membership card are then used to track my purchases, amongst those of many others, whose purchases get tracked, which data may then be processed by some data-base company to ascertain my and others' spending habits. And of course if I pay the price-gouge people by credit card, that can also be linked to my membership data and that certainly is a bonus for scammers who have proved to be appallingly competent at breaching security systems such as employed by commercial operations.

 

[Catherines]

Never heard of such low prices for the above. I do buy the Fountain brand and it is more like $2.85+ for 500 ml bottle

I have gone back to the green grocer around the corner for my fruit and veg. Yesterday I purchased some bananas and tomatoes for $1.99 a kilo. I do look for bargains especially with items we use alot of, both the tomatoes & bananas can be frozen when they go a little soft for cooking down the track. Even cheap avocados can be frozen into small amounts in ice cube trays. I have tried all brands of tomato sauce now & buy Fountain brand,. 30cents for 2lt. Masterfoods is .54cents for 920ml or Rosella .66cents for 500ml.

More like .30 cents for 100 or 250mls, but I will challenge you to show us a docket with those prices for the quantities you’ve mentioned.

 

[Rob44]

I do most of my shopping at the NUMBER ONE SUPERMARKET for the 3rd year in a row, ALDI !!! I still get a 500 grams tub of butter for $4.75. Their fresh fruit and veggies are cheaper than anywhere else and I LOVE LOVE their spreadable cream cheese in a jar. PLUS they have a delicious LOWER CARB white bread (in the green bag) ... I will never ever buy anything from IGA, they are crazy expensive. I can buy 2 weeks of groceries for me and my daughter costing me $120.00 including meat ! And I also love their coffees in the little jar. I re-use the jars for other things. No I don't work for Aldi, or know someone who does, I just love their prices. I can't buy the same items at the other supermarkets for what I pay at Aldi.

It is a pity that some of us have to put up with the "competition" between Woolworth and Coles and that there is no other choice, as both have succeeded in destroyingthe small grocer/butcher etc.

 

[Rob44]

Everyone knows they are gouging us!
And they think we are stupid and don't notice.
They always trot out the same rhetoric about fuel, supply issues etc., but I went to an IGA in a regional town recently and got a whole rib fillet for $13.99kg.
And all their prices are fairer. Where are their 'issues'?

They know we are too stupid and/or lazy to organise such things as local cooperative markets to trade vegies and jams etc and no doubt they also know that we notice but can't do anything about their price-gouging other than steal essentials from their shelves. Which, perish the thought, is a crime and against the law and thus evil and only done by the bad guys and gals, unlke theft by price-gouging and profiteering, which is perfectly legitimate if one can get away with it.

 

[Luckyus]

In times where every cent matters, keeping a close watch on our regular spending has become par for the course.

A pressing concern for many Australians lately has been the noticeable uptick in supermarket prices. Beyond our grocery bills, even airfare costs have seen a sharp increase. So, what's behind these shifts?

The union-backed investigation is seeking answers to address ‘skyrocketing supermarket prices and surging airfares.’

The Australian Council of Trade Unions (ACTU) is spearheading this investigation with Professor Allan Fels in charge.

During the inquiry, Rebecca Thistleton, the Executive Director of McKell Institute, stated that price gouging was now a harsh reality, particularly for those in rural and remote regions.

Ms Thistleton explained, ‘When you already have decreased competition, the increased costs of getting fruit and vegetables transported to these areas mean the prices become unmanageable for anyone.’

Thistleton referenced research from the National Indigenous Australians Agency, showing that remote communities pay up to 40 per cent more for groceries than those in capital cities.

She underscored cases where consumers shelled out ‘$12 for a box of Cornflakes’ or ‘$13 for a small jar of Vegemite.’

View attachment 30555

Have you ever seen Vegemite priced at $13 a jar? What's the most you've ever paid for it? Image source: Pixabay.

But this isn't just about groceries.

Mike McNess, the National President of the Transport Workers Union, informed the inquiry that Qantas airfares had increased by 32 per cent compared to pre-pandemic levels.

He said: ‘While airfares have gone through the roof, service standards have gone through the floor’ and further added: ‘Paying a third more for a ticket wouldn't be justified even if standards had improved.’

However, in Qantas' annual report, the airline states that, compared to the days before the pandemic, its domestic fares have risen by only 4 per cent from pre-Covid levels, and its international fares have increased by 10 per cent, adjusted for inflation.

View attachment 30556

The Transport Workers Union alleges that Qantas airfares have risen by 32 per cent compared to before the pandemic. Image source: Pixabay.

The inquiry marks the most recent phase in the continuing debate between employer groups and unions about the factors fuelling inflationary pressures in the economy.

At the inquiry's start, Professor Fels openly stated that price setting is the ‘missing piece’ to understanding Australia's inflation patterns.

Inflation has dropped from its 7.8 per cent peak in the December quarter to a recent 4.9 per cent. However, Professor Fels stresses the importance of understanding the impact of higher prices on households and identifying the reasons for the price increase.

‘I want to focus on the immediate prices. What's driving them? How are they set? Are they fair or unfair? Would they survive if there is true competition?’ he said.

The ACTU often referenced a recent analysis by the Organisation for Economic Co-operation and Development (OECD) from June.

This analysis revealed that in Australia, as inflation sped up early last year, higher prices were primarily driven by profits, especially from mining and energy companies.

Furthermore, the OECD found that when inflation hit its peak at 7.8 per cent in the December quarter, both profits and labour costs equally drove the price hikes.

View attachment 30557

Andrew McKellar, Chief Executive of the Australian Chamber of Commerce and Industry, described the inquiry as a ‘pantomime’. Image source: NCA NewsWire / Gary Ramage.

After the inquiry's initial hearing, Andrew McKellar, Chief Executive of the Australian Chamber of Commerce and Industry (ACCI)—Australia's top business lobby group—described the inquiry as a ‘pantomime.’

‘It is a farcical inquiry. It is limited, superficial and has no power,’ McKellar said.

‘We already have bodies like the Australian Competition and Consumer Commission (ACCC) that are tasked to examine poor behaviour in the economy. Why the unions now feel they have a mandate to examine this issue is unusual.’

The inquiry will present findings and recommend policy solutions to the ACTU to curb future price gouging in an interim report by the end of this year.

Key Takeaways

• A union-backed inquiry is investigating allegations of price gouging in supermarket prices and airfares.
• The Australian Council of Trade Unions, led by Professor Allan Fels, is conducting a probe into competition.
• Rebecca Thistleton of the McKell Institute highlighted price gouging issues in rural areas due to decreased competition and rising costs.
• The inquiry will provide the ACTU with findings on price gouging in an interim report by year-end.

Members, we want to hear from you! Have you personally felt the impact of price gouging on your day-to-day expenses? Share your experiences and thoughts with us below. How has it affected your household or business?

Can't stand the smell of it.

 

[AlanQ]

What % do you think the profit is? After taxes, the dividend return is less than 10%. Not sure about you, but when the share price is (Coles) $15: and you get a return of .66c in the dollar I don't think your price gouging is evident. Turn over isn't profit. They're not immune to the cost of ever increasing prices, look a petrol just this week went up .45c over night, do you not think that cost is passed on by the delivery companies to both food manufacturers and the supply chain operators to Coles or Woolies? It's the domino effect from manufactures paying higher prices for commodities to the cost of transport all the way up the chain.

There is across the board price gouging starting with essential services for a start , groceries and transport and taxes. Why do businesses need to increase profits every year? A 5 to 10% profit is a reasonable target which also reduces inflation. Also paying CEO'S ridiculous salaries and bonuses and stopping ordinary workers from asking for a reasonable pay rise is just not right

 

[Littleboy8]

Can't stand the smell of it.

What?

 

[mitchellowe]

In times where every cent matters, keeping a close watch on our regular spending has become par for the course.

A pressing concern for many Australians lately has been the noticeable uptick in supermarket prices. Beyond our grocery bills, even airfare costs have seen a sharp increase. So, what's behind these shifts?

The union-backed investigation is seeking answers to address ‘skyrocketing supermarket prices and surging airfares.’

The Australian Council of Trade Unions (ACTU) is spearheading this investigation with Professor Allan Fels in charge.

During the inquiry, Rebecca Thistleton, the Executive Director of McKell Institute, stated that price gouging was now a harsh reality, particularly for those in rural and remote regions.

Ms Thistleton explained, ‘When you already have decreased competition, the increased costs of getting fruit and vegetables transported to these areas mean the prices become unmanageable for anyone.’

Thistleton referenced research from the National Indigenous Australians Agency, showing that remote communities pay up to 40 per cent more for groceries than those in capital cities.

She underscored cases where consumers shelled out ‘$12 for a box of Cornflakes’ or ‘$13 for a small jar of Vegemite.’

View attachment 30555

Have you ever seen Vegemite priced at $13 a jar? What's the most you've ever paid for it? Image source: Pixabay.

But this isn't just about groceries.

Mike McNess, the National President of the Transport Workers Union, informed the inquiry that Qantas airfares had increased by 32 per cent compared to pre-pandemic levels.

He said: ‘While airfares have gone through the roof, service standards have gone through the floor’ and further added: ‘Paying a third more for a ticket wouldn't be justified even if standards had improved.’

However, in Qantas' annual report, the airline states that, compared to the days before the pandemic, its domestic fares have risen by only 4 per cent from pre-Covid levels, and its international fares have increased by 10 per cent, adjusted for inflation.

View attachment 30556

The Transport Workers Union alleges that Qantas airfares have risen by 32 per cent compared to before the pandemic. Image source: Pixabay.

The inquiry marks the most recent phase in the continuing debate between employer groups and unions about the factors fuelling inflationary pressures in the economy.

At the inquiry's start, Professor Fels openly stated that price setting is the ‘missing piece’ to understanding Australia's inflation patterns.

Inflation has dropped from its 7.8 per cent peak in the December quarter to a recent 4.9 per cent. However, Professor Fels stresses the importance of understanding the impact of higher prices on households and identifying the reasons for the price increase.

‘I want to focus on the immediate prices. What's driving them? How are they set? Are they fair or unfair? Would they survive if there is true competition?’ he said.

The ACTU often referenced a recent analysis by the Organisation for Economic Co-operation and Development (OECD) from June.

This analysis revealed that in Australia, as inflation sped up early last year, higher prices were primarily driven by profits, especially from mining and energy companies.

Furthermore, the OECD found that when inflation hit its peak at 7.8 per cent in the December quarter, both profits and labour costs equally drove the price hikes.

View attachment 30557

Andrew McKellar, Chief Executive of the Australian Chamber of Commerce and Industry, described the inquiry as a ‘pantomime’. Image source: NCA NewsWire / Gary Ramage.

After the inquiry's initial hearing, Andrew McKellar, Chief Executive of the Australian Chamber of Commerce and Industry (ACCI)—Australia's top business lobby group—described the inquiry as a ‘pantomime.’

‘It is a farcical inquiry. It is limited, superficial and has no power,’ McKellar said.

‘We already have bodies like the Australian Competition and Consumer Commission (ACCC) that are tasked to examine poor behaviour in the economy. Why the unions now feel they have a mandate to examine this issue is unusual.’

The inquiry will present findings and recommend policy solutions to the ACTU to curb future price gouging in an interim report by the end of this year.

Key Takeaways

• A union-backed inquiry is investigating allegations of price gouging in supermarket prices and airfares.
• The Australian Council of Trade Unions, led by Professor Allan Fels, is conducting a probe into competition.
• Rebecca Thistleton of the McKell Institute highlighted price gouging issues in rural areas due to decreased competition and rising costs.
• The inquiry will provide the ACTU with findings on price gouging in an interim report by year-end.

Members, we want to hear from you! Have you personally felt the impact of price gouging on your day-to-day expenses? Share your experiences and thoughts with us below. How has it affected your household or business?

how can this be true when rhe govt states that inflation went up only%3.2
The govt cannot get the sums right although they get %10 gst they cannot see ELECTRICITY up over%20 GAS uo %20 FOOD up over %10 COUNCIL RATES up %10 LICENCES UP %10 PETROL UP MORE THAN %3.2 and they boast that %3.2 is a good increase for the disabled carers and aged pensioers while unemployed get a %6 increase $56 plus rent relief $27 and single parents $15 increase $156 plus $27 rent relief WHY DIDNT THE GOVT SAY PENSUIONERS GET THE LOWEST INCREAS AND IF INFLATION WAS ONLY %3.2 why is everyone paying a minimum on everything at least %10 in the last 6 months

 

[kayc]

In times where every cent matters, keeping a close watch on our regular spending has become par for the course.

A pressing concern for many Australians lately has been the noticeable uptick in supermarket prices. Beyond our grocery bills, even airfare costs have seen a sharp increase. So, what's behind these shifts?

The union-backed investigation is seeking answers to address ‘skyrocketing supermarket prices and surging airfares.’

The Australian Council of Trade Unions (ACTU) is spearheading this investigation with Professor Allan Fels in charge.

During the inquiry, Rebecca Thistleton, the Executive Director of McKell Institute, stated that price gouging was now a harsh reality, particularly for those in rural and remote regions.

Ms Thistleton explained, ‘When you already have decreased competition, the increased costs of getting fruit and vegetables transported to these areas mean the prices become unmanageable for anyone.’

Thistleton referenced research from the National Indigenous Australians Agency, showing that remote communities pay up to 40 per cent more for groceries than those in capital cities.

She underscored cases where consumers shelled out ‘$12 for a box of Cornflakes’ or ‘$13 for a small jar of Vegemite.’

View attachment 30555

Have you ever seen Vegemite priced at $13 a jar? What's the most you've ever paid for it? Image source: Pixabay.

But this isn't just about groceries.

Mike McNess, the National President of the Transport Workers Union, informed the inquiry that Qantas airfares had increased by 32 per cent compared to pre-pandemic levels.

He said: ‘While airfares have gone through the roof, service standards have gone through the floor’ and further added: ‘Paying a third more for a ticket wouldn't be justified even if standards had improved.’

However, in Qantas' annual report, the airline states that, compared to the days before the pandemic, its domestic fares have risen by only 4 per cent from pre-Covid levels, and its international fares have increased by 10 per cent, adjusted for inflation.

View attachment 30556

The Transport Workers Union alleges that Qantas airfares have risen by 32 per cent compared to before the pandemic. Image source: Pixabay.

The inquiry marks the most recent phase in the continuing debate between employer groups and unions about the factors fuelling inflationary pressures in the economy.

At the inquiry's start, Professor Fels openly stated that price setting is the ‘missing piece’ to understanding Australia's inflation patterns.

Inflation has dropped from its 7.8 per cent peak in the December quarter to a recent 4.9 per cent. However, Professor Fels stresses the importance of understanding the impact of higher prices on households and identifying the reasons for the price increase.

‘I want to focus on the immediate prices. What's driving them? How are they set? Are they fair or unfair? Would they survive if there is true competition?’ he said.

The ACTU often referenced a recent analysis by the Organisation for Economic Co-operation and Development (OECD) from June.

This analysis revealed that in Australia, as inflation sped up early last year, higher prices were primarily driven by profits, especially from mining and energy companies.

Furthermore, the OECD found that when inflation hit its peak at 7.8 per cent in the December quarter, both profits and labour costs equally drove the price hikes.

View attachment 30557

Andrew McKellar, Chief Executive of the Australian Chamber of Commerce and Industry, described the inquiry as a ‘pantomime’. Image source: NCA NewsWire / Gary Ramage.

After the inquiry's initial hearing, Andrew McKellar, Chief Executive of the Australian Chamber of Commerce and Industry (ACCI)—Australia's top business lobby group—described the inquiry as a ‘pantomime.’

‘It is a farcical inquiry. It is limited, superficial and has no power,’ McKellar said.

‘We already have bodies like the Australian Competition and Consumer Commission (ACCC) that are tasked to examine poor behaviour in the economy. Why the unions now feel they have a mandate to examine this issue is unusual.’

The inquiry will present findings and recommend policy solutions to the ACTU to curb future price gouging in an interim report by the end of this year.

Key Takeaways

• A union-backed inquiry is investigating allegations of price gouging in supermarket prices and airfares.
• The Australian Council of Trade Unions, led by Professor Allan Fels, is conducting a probe into competition.
• Rebecca Thistleton of the McKell Institute highlighted price gouging issues in rural areas due to decreased competition and rising costs.
• The inquiry will provide the ACTU with findings on price gouging in an interim report by year-end.

Members, we want to hear from you! Have you personally felt the impact of price gouging on your day-to-day expenses? Share your experiences and thoughts with us below. How has it affected your household or business?

I recently purchased a bottle of Johnsons Baby Oil at Woolworths - On arriving home decided to check my Rewards points on the docket. Reading through the items I had purchased and costs of was just a WEE bit surprised to find that the baby oil costs $12.99 a bottle oh boy used to be anywhere between $1.20 - $2.00. Went back to Woolies next day to query the cost and was told - No that's the correct price everything has gone up and we are sorry. Needless to say, didn't buy will find another moisture oil to use.

 

[Abby2]

Expect another hike in chicken meat - I heard Ingham chicken employees are out on strike , any increase in their pay will be passed onto consumer

 

[mylittletibbies]

Excuse my ignorance

i love tom sauce but can’t eat it anymore gives me indigestion so bad feel like I’m having a heart attackbummer

Ignorance of what,?

 

[Littleboy8]

Ignorance of what,?

Sorry meant to ask what hoi poloi was. But I looked it up. meant to delete that ignorance thingy

 

[mylittletibbies]

Sorry meant to ask what hoi poloi was. But I looked it up. meant to delete that ignorance thingy

 

[mylittletibbies]

 

[Littleboy8]

Expect another hike in chicken meat - I heard Ingham chicken employees are out on strike , any increase in their pay will be passed onto consumer

Of course it will doesn’t it alwaysbut on that note I couldn’t do their job.

 

[Leenie]

I recently purchased a bottle of Johnsons Baby Oil at Woolworths - On arriving home decided to check my Rewards points on the docket. Reading through the items I had purchased and costs of was just a WEE bit surprised to find that the baby oil costs $12.99 a bottle oh boy used to be anywhere between $1.20 - $2.00. Went back to Woolies next day to query the cost and was told - No that's the correct price everything has gone up and we are sorry. Needless to say, didn't buy will find another moisture oil to use.

Try bio oil.