Aussie shoppers are again on alert because of the ‘sneaky’ changes Coles have made to their own-brand milk range.

The grocery giant has increased the price of their 3L (now $4.80), 2L (now $3.30), and 1L (now $1.70) cartons and bottles of milk by 10 cents per litre, leading to an 80-cent increase in just over a year. That's a 20 per cent rise, by the way.

Unfortunately, for shoppers who regularly buy Coles' milk products, this increase in price means a decrease in their weekly spending.

The retailer's move has attracted a lot of criticism on social media, too.

Coles has raised the price of its brand of milk products by 10 cents a litre. Credit: Facebook.

Markdown Addicts Australia, a popular Facebook group for keen shoppers, is just one platform where the price rise has been met with harsh words.

'Milk's gone up again', noted one user. Another said, 'It doesn't seem like that long ago it was $3'.

And people who use a lot of milk (especially those with young kids at home) aren't too pleased either. 'For people with one-year-olds, it will be cheaper to keep them on formula than change to real milk,' said one angry commenter.

Others suggested that—if it would mean more money for the farmers—they'd be willing to pay the increased price.

'Let's hope the farmers get the extra money that we are paying,' commented one user.

When asked by news outlets, a Coles spokesperson confirmed the price rise and said that the change was not easy for the supermarket.

'We have reluctantly raised the price of Coles Own Brand milk by 10 cents a litre due to ongoing cost increases in the supply chain,' the spokesperson said.

'We don't take the decision to raise prices lightly, particularly because of the increased cost-of-living pressures faced by our customers.'

It's understandable why Coles would occasionally resort to this kind of price rise. But, as usual, the shoppers bear the brunt of such costs.

It's no wonder people are pushing for the extra 10 cents per litre to be guaranteed to go to the dairy farmers doing the hard yards.

On the other hand, Woolworths hasn't changed its milk price. This means their own-brand milk products are 10 cents cheaper per litre than Coles'.

This price hike follows recent reports of the Australian Competition and Consumer Commission (ACCC) delaying its decision regarding Coles’ acquisition of two major milk processing facilities.

In April, the supermarket giant announced plans to purchase two milk processing plants from the dairy processor Saputo for $105 million. However, this acquisition is contingent on receiving regulatory approval from the Australian watchdog.

Initially, the ACCC was expected to deliver its decision last week, but it has been postponed due to the regulator's request for additional documents from both Coles and Saputo.

Should the watchdog approve the acquisition, Coles would achieve the distinction of becoming the first supermarket in Australia to own and operate its milk processing facilities.

Dairy farmers are concerned that this acquisition could further reduce competition and lead to lower milk prices.

Read more about this story here.

Key Takeaways

• Coles supermarket has increased the price of its brand of milk by 10 cents a litre, bringing the cost of 1L, 2L and 3L cartons to $1.70, $3.30 and $4.80, respectively.
• The move has led to widespread criticism on social media, with many expressing concern for ongoing cost-of-living pressures.
• A spokesperson for Coles confirmed the price increase, attributing it to ongoing cost increases in the supply chain.
• Some customers have stated they would not mind the increase if they were assured that the extra money is going to the dairy farmers.

Members, do you regularly purchase Coles brand milk? If so, what is your reaction to these price hikes? Are you considering switching to other brands? Let us know your thoughts in the comments below!

 

[General]

Aussie shoppers are again on alert because of the ‘sneaky’ changes Coles have made to their own-brand milk range.

The grocery giant has increased the price of their 3L (now $4.80), 2L (now $3.30), and 1L (now $1.70) cartons and bottles of milk by 10 cents per litre, leading to an 80-cent increase in just over a year. That's a 20 per cent rise, by the way.

Unfortunately, for shoppers who regularly buy Coles' milk products, this increase in price means a decrease in their weekly spending.

The retailer's move has attracted a lot of criticism on social media, too.

View attachment 30308

Coles has raised the price of its brand of milk products by 10 cents a litre. Credit: Facebook.

Markdown Addicts Australia, a popular Facebook group for keen shoppers, is just one platform where the price rise has been met with harsh words.

'Milk's gone up again', noted one user. Another said, 'It doesn't seem like that long ago it was $3'.

And people who use a lot of milk (especially those with young kids at home) aren't too pleased either. 'For people with one-year-olds, it will be cheaper to keep them on formula than change to real milk,' said one angry commenter.

Others suggested that—if it would mean more money for the farmers—they'd be willing to pay the increased price.

'Let's hope the farmers get the extra money that we are paying,' commented one user.

When asked by news outlets, a Coles spokesperson confirmed the price rise and said that the change was not easy for the supermarket.

'We have reluctantly raised the price of Coles Own Brand milk by 10 cents a litre due to ongoing cost increases in the supply chain,' the spokesperson said.

'We don't take the decision to raise prices lightly, particularly because of the increased cost-of-living pressures faced by our customers.'

It's understandable why Coles would occasionally resort to this kind of price rise. But, as usual, the shoppers bear the brunt of such costs.

It's no wonder people are pushing for the extra 10 cents per litre to be guaranteed to go to the dairy farmers doing the hard yards.

On the other hand, Woolworths hasn't changed its milk price. This means their own-brand milk products are 10 cents cheaper per litre than Coles'.

This price hike follows recent reports of the Australian Competition and Consumer Commission (ACCC) delaying its decision regarding Coles’ acquisition of two major milk processing facilities.

In April, the supermarket giant announced plans to purchase two milk processing plants from the dairy processor Saputo for $105 million. However, this acquisition is contingent on receiving regulatory approval from the Australian watchdog.

Initially, the ACCC was expected to deliver its decision last week, but it has been postponed due to the regulator's request for additional documents from both Coles and Saputo.

Should the watchdog approve the acquisition, Coles would achieve the distinction of becoming the first supermarket in Australia to own and operate its milk processing facilities.

Dairy farmers are concerned that this acquisition could further reduce competition and lead to lower milk prices.

Read more about this story here.

Key Takeaways

• Coles supermarket has increased the price of its brand of milk by 10 cents a litre, bringing the cost of 1L, 2L and 3L cartons to $1.70, $3.30 and $4.80, respectively.
• The move has led to widespread criticism on social media, with many expressing concern for ongoing cost-of-living pressures.
• A spokesperson for Coles confirmed the price increase, attributing it to ongoing cost increases in the supply chain.
• Some customers have stated they would not mind the increase if they were assured that the extra money is going to the dairy farmers.

Coles 1Lt Long Life milk $1.70 19/9. Same at Aldi $1.59 paid 19/9. I shop Aldi first and what's left i go to other supermarkets. It all adds up.

Members, do you regularly purchase Coles brand milk? If so, what is your reaction to these price hikes? Are you considering switching to other brands? Let us know your thoughts in the comments below!

 

[kathrync888]

Aussie shoppers are again on alert because of the ‘sneaky’ changes Coles have made to their own-brand milk range.

The grocery giant has increased the price of their 3L (now $4.80), 2L (now $3.30), and 1L (now $1.70) cartons and bottles of milk by 10 cents per litre, leading to an 80-cent increase in just over a year. That's a 20 per cent rise, by the way.

Unfortunately, for shoppers who regularly buy Coles' milk products, this increase in price means a decrease in their weekly spending.

The retailer's move has attracted a lot of criticism on social media, too.

View attachment 30308

Coles has raised the price of its brand of milk products by 10 cents a litre. Credit: Facebook.

Markdown Addicts Australia, a popular Facebook group for keen shoppers, is just one platform where the price rise has been met with harsh words.

'Milk's gone up again', noted one user. Another said, 'It doesn't seem like that long ago it was $3'.

And people who use a lot of milk (especially those with young kids at home) aren't too pleased either. 'For people with one-year-olds, it will be cheaper to keep them on formula than change to real milk,' said one angry commenter.

Others suggested that—if it would mean more money for the farmers—they'd be willing to pay the increased price.

'Let's hope the farmers get the extra money that we are paying,' commented one user.

When asked by news outlets, a Coles spokesperson confirmed the price rise and said that the change was not easy for the supermarket.

'We have reluctantly raised the price of Coles Own Brand milk by 10 cents a litre due to ongoing cost increases in the supply chain,' the spokesperson said.

'We don't take the decision to raise prices lightly, particularly because of the increased cost-of-living pressures faced by our customers.'

It's understandable why Coles would occasionally resort to this kind of price rise. But, as usual, the shoppers bear the brunt of such costs.

It's no wonder people are pushing for the extra 10 cents per litre to be guaranteed to go to the dairy farmers doing the hard yards.

On the other hand, Woolworths hasn't changed its milk price. This means their own-brand milk products are 10 cents cheaper per litre than Coles'.

This price hike follows recent reports of the Australian Competition and Consumer Commission (ACCC) delaying its decision regarding Coles’ acquisition of two major milk processing facilities.

In April, the supermarket giant announced plans to purchase two milk processing plants from the dairy processor Saputo for $105 million. However, this acquisition is contingent on receiving regulatory approval from the Australian watchdog.

Initially, the ACCC was expected to deliver its decision last week, but it has been postponed due to the regulator's request for additional documents from both Coles and Saputo.

Should the watchdog approve the acquisition, Coles would achieve the distinction of becoming the first supermarket in Australia to own and operate its milk processing facilities.

Dairy farmers are concerned that this acquisition could further reduce competition and lead to lower milk prices.

Read more about this story here.

Key Takeaways

• Coles supermarket has increased the price of its brand of milk by 10 cents a litre, bringing the cost of 1L, 2L and 3L cartons to $1.70, $3.30 and $4.80, respectively.
• The move has led to widespread criticism on social media, with many expressing concern for ongoing cost-of-living pressures.
• A spokesperson for Coles confirmed the price increase, attributing it to ongoing cost increases in the supply chain.
• Some customers have stated they would not mind the increase if they were assured that the extra money is going to the dairy farmers.

Members, do you regularly purchase Coles brand milk? If so, what is your reaction to these price hikes? Are you considering switching to other brands? Let us know your thoughts in the comments below!

Just as long as the dairy farmers get something out of it

 

[Iggydi]

Why can't Coles keep the prices lower and make less of a profit. It's so easy to say "due to ongoing cost increases in the supply chain," That is a copout really. They should say because we want more profit.

 

[Lisa]

I really feel people need to get a grip here...everyone is feeling the cost of living..secondly nothing stays the same forever, wages went up, insurance went up, freight went up, feed went up, look at the big picture its not always about profit or trying to absorb the rising costs associated.

 

[TWD]

Coles are the rip off company that wants more profits ahead of their customers basic needs. They dont advertise their product increases because they are deceitful and greedy grubs. I wont shop there because of their dishonesty and I encourage others to do the same.

 

[AussieFem]

Aussie shoppers are again on alert because of the ‘sneaky’ changes Coles have made to their own-brand milk range.

The grocery giant has increased the price of their 3L (now $4.80), 2L (now $3.30), and 1L (now $1.70) cartons and bottles of milk by 10 cents per litre, leading to an 80-cent increase in just over a year. That's a 20 per cent rise, by the way.

Unfortunately, for shoppers who regularly buy Coles' milk products, this increase in price means a decrease in their weekly spending.

The retailer's move has attracted a lot of criticism on social media, too.

View attachment 30308

Coles has raised the price of its brand of milk products by 10 cents a litre. Credit: Facebook.

Markdown Addicts Australia, a popular Facebook group for keen shoppers, is just one platform where the price rise has been met with harsh words.

'Milk's gone up again', noted one user. Another said, 'It doesn't seem like that long ago it was $3'.

And people who use a lot of milk (especially those with young kids at home) aren't too pleased either. 'For people with one-year-olds, it will be cheaper to keep them on formula than change to real milk,' said one angry commenter.

Others suggested that—if it would mean more money for the farmers—they'd be willing to pay the increased price.

'Let's hope the farmers get the extra money that we are paying,' commented one user.

When asked by news outlets, a Coles spokesperson confirmed the price rise and said that the change was not easy for the supermarket.

'We have reluctantly raised the price of Coles Own Brand milk by 10 cents a litre due to ongoing cost increases in the supply chain,' the spokesperson said.

'We don't take the decision to raise prices lightly, particularly because of the increased cost-of-living pressures faced by our customers.'

It's understandable why Coles would occasionally resort to this kind of price rise. But, as usual, the shoppers bear the brunt of such costs.

It's no wonder people are pushing for the extra 10 cents per litre to be guaranteed to go to the dairy farmers doing the hard yards.

On the other hand, Woolworths hasn't changed its milk price. This means their own-brand milk products are 10 cents cheaper per litre than Coles'.

This price hike follows recent reports of the Australian Competition and Consumer Commission (ACCC) delaying its decision regarding Coles’ acquisition of two major milk processing facilities.

In April, the supermarket giant announced plans to purchase two milk processing plants from the dairy processor Saputo for $105 million. However, this acquisition is contingent on receiving regulatory approval from the Australian watchdog.

Initially, the ACCC was expected to deliver its decision last week, but it has been postponed due to the regulator's request for additional documents from both Coles and Saputo.

Should the watchdog approve the acquisition, Coles would achieve the distinction of becoming the first supermarket in Australia to own and operate its milk processing facilities.

Dairy farmers are concerned that this acquisition could further reduce competition and lead to lower milk prices.

Read more about this story here.

Key Takeaways

• Coles supermarket has increased the price of its brand of milk by 10 cents a litre, bringing the cost of 1L, 2L and 3L cartons to $1.70, $3.30 and $4.80, respectively.
• The move has led to widespread criticism on social media, with many expressing concern for ongoing cost-of-living pressures.
• A spokesperson for Coles confirmed the price increase, attributing it to ongoing cost increases in the supply chain.
• Some customers have stated they would not mind the increase if they were assured that the extra money is going to the dairy farmers.

Members, do you regularly purchase Coles brand milk? If so, what is your reaction to these price hikes? Are you considering switching to other brands? Let us know your thoughts in the comments below!

Coles and Woolworths think we are stupid. Both companies have made Millions of dollars in profits this year. In the meantime they are putting their prices up, urging shoppers to use their self serve machines, while sacking staff. I say screw Coles and Woolies. Boycott and go shop at Aldi, IGA and your local butcher, greengrocer etc. The only people who benefit are these huge companies who probably pay minimum tax if any while the normal aussie suffers.

 

[Buzzy]

Aussie shoppers are again on alert because of the ‘sneaky’ changes Coles have made to their own-brand milk range.

The grocery giant has increased the price of their 3L (now $4.80), 2L (now $3.30), and 1L (now $1.70) cartons and bottles of milk by 10 cents per litre, leading to an 80-cent increase in just over a year. That's a 20 per cent rise, by the way.

Unfortunately, for shoppers who regularly buy Coles' milk products, this increase in price means a decrease in their weekly spending.

The retailer's move has attracted a lot of criticism on social media, too.

View attachment 30308

Coles has raised the price of its brand of milk products by 10 cents a litre. Credit: Facebook.

Markdown Addicts Australia, a popular Facebook group for keen shoppers, is just one platform where the price rise has been met with harsh words.

'Milk's gone up again', noted one user. Another said, 'It doesn't seem like that long ago it was $3'.

And people who use a lot of milk (especially those with young kids at home) aren't too pleased either. 'For people with one-year-olds, it will be cheaper to keep them on formula than change to real milk,' said one angry commenter.

Others suggested that—if it would mean more money for the farmers—they'd be willing to pay the increased price.

'Let's hope the farmers get the extra money that we are paying,' commented one user.

When asked by news outlets, a Coles spokesperson confirmed the price rise and said that the change was not easy for the supermarket.

'We have reluctantly raised the price of Coles Own Brand milk by 10 cents a litre due to ongoing cost increases in the supply chain,' the spokesperson said.

'We don't take the decision to raise prices lightly, particularly because of the increased cost-of-living pressures faced by our customers.'

It's understandable why Coles would occasionally resort to this kind of price rise. But, as usual, the shoppers bear the brunt of such costs.

It's no wonder people are pushing for the extra 10 cents per litre to be guaranteed to go to the dairy farmers doing the hard yards.

On the other hand, Woolworths hasn't changed its milk price. This means their own-brand milk products are 10 cents cheaper per litre than Coles'.

This price hike follows recent reports of the Australian Competition and Consumer Commission (ACCC) delaying its decision regarding Coles’ acquisition of two major milk processing facilities.

In April, the supermarket giant announced plans to purchase two milk processing plants from the dairy processor Saputo for $105 million. However, this acquisition is contingent on receiving regulatory approval from the Australian watchdog.

Initially, the ACCC was expected to deliver its decision last week, but it has been postponed due to the regulator's request for additional documents from both Coles and Saputo.

Should the watchdog approve the acquisition, Coles would achieve the distinction of becoming the first supermarket in Australia to own and operate its milk processing facilities.

Dairy farmers are concerned that this acquisition could further reduce competition and lead to lower milk prices.

Read more about this story here.

Key Takeaways

• Coles supermarket has increased the price of its brand of milk by 10 cents a litre, bringing the cost of 1L, 2L and 3L cartons to $1.70, $3.30 and $4.80, respectively.
• The move has led to widespread criticism on social media, with many expressing concern for ongoing cost-of-living pressures.
• A spokesperson for Coles confirmed the price increase, attributing it to ongoing cost increases in the supply chain.
• Some customers have stated they would not mind the increase if they were assured that the extra money is going to the dairy farmers.

Members, do you regularly purchase Coles brand milk? If so, what is your reaction to these price hikes? Are you considering switching to other brands? Let us know your thoughts in the comments below!

It could have something to do with the great shortage of dairy farmers!

 

[emcneil1947&gmail.com]

Pensions go up, increase. prices go up. How much is the pension increase really going to help us. I just did my sums!!! In my bank statement my pension increase is $4.16 fortnight, that has taken my pension from $880.16 to $876 (4.16) how much does the politicians get? How often, and by how much do the leeches get? What will I buy with my increase, well just let me think on that????

 

[Randim]

I really feel people need to get a grip here...everyone is feeling the cost of living..secondly nothing stays the same forever, wages went up, insurance went up, freight went up, feed went up, look at the big picture its not always about profit or trying to absorb the rising costs associated.

Dream on

 

[DEL boy]

Coles and Woolworths think we are stupid. Both companies have made Millions of dollars in profits this year. In the meantime they are putting their prices up, urging shoppers to use their self serve machines, while sacking staff. I say screw Coles and Woolies. Boycott and go shop at Aldi, IGA and your local butcher, greengrocer etc. The only people who benefit are these huge companies who probably pay minimum tax if any while the normal aussie suffers.

I agree but, Aldi is cheaper on most items, not all mind you, but IGA are more expensive, sometimes their Thursday one-day specials are good value.

 

[Leenie]

I really feel people need to get a grip here...everyone is feeling the cost of living..secondly nothing stays the same forever, wages went up, insurance went up, freight went up, feed went up, look at the big picture its not always about profit or trying to absorb the rising costs associated.

They look after their shareholders first, full stop.

 

[Lisa]

Dream on

You seriously need a reality check!

 

[Lisa]

They look after their shareholders first, full stop.

Untrue I worked for them for 16.5 yrs !

 

[Grahamclarke]

Aussie shoppers are again on alert because of the ‘sneaky’ changes Coles have made to their own-brand milk range.

The grocery giant has increased the price of their 3L (now $4.80), 2L (now $3.30), and 1L (now $1.70) cartons and bottles of milk by 10 cents per litre, leading to an 80-cent increase in just over a year. That's a 20 per cent rise, by the way.

Unfortunately, for shoppers who regularly buy Coles' milk products, this increase in price means a decrease in their weekly spending.

The retailer's move has attracted a lot of criticism on social media, too.

View attachment 30308

Coles has raised the price of its brand of milk products by 10 cents a litre. Credit: Facebook.

Markdown Addicts Australia, a popular Facebook group for keen shoppers, is just one platform where the price rise has been met with harsh words.

'Milk's gone up again', noted one user. Another said, 'It doesn't seem like that long ago it was $3'.

And people who use a lot of milk (especially those with young kids at home) aren't too pleased either. 'For people with one-year-olds, it will be cheaper to keep them on formula than change to real milk,' said one angry commenter.

Others suggested that—if it would mean more money for the farmers—they'd be willing to pay the increased price.

'Let's hope the farmers get the extra money that we are paying,' commented one user.

When asked by news outlets, a Coles spokesperson confirmed the price rise and said that the change was not easy for the supermarket.

'We have reluctantly raised the price of Coles Own Brand milk by 10 cents a litre due to ongoing cost increases in the supply chain,' the spokesperson said.

'We don't take the decision to raise prices lightly, particularly because of the increased cost-of-living pressures faced by our customers.'

It's understandable why Coles would occasionally resort to this kind of price rise. But, as usual, the shoppers bear the brunt of such costs.

It's no wonder people are pushing for the extra 10 cents per litre to be guaranteed to go to the dairy farmers doing the hard yards.

On the other hand, Woolworths hasn't changed its milk price. This means their own-brand milk products are 10 cents cheaper per litre than Coles'.

This price hike follows recent reports of the Australian Competition and Consumer Commission (ACCC) delaying its decision regarding Coles’ acquisition of two major milk processing facilities.

In April, the supermarket giant announced plans to purchase two milk processing plants from the dairy processor Saputo for $105 million. However, this acquisition is contingent on receiving regulatory approval from the Australian watchdog.

Initially, the ACCC was expected to deliver its decision last week, but it has been postponed due to the regulator's request for additional documents from both Coles and Saputo.

Should the watchdog approve the acquisition, Coles would achieve the distinction of becoming the first supermarket in Australia to own and operate its milk processing facilities.

Dairy farmers are concerned that this acquisition could further reduce competition and lead to lower milk prices.

Read more about this story here.

Key Takeaways

• Coles supermarket has increased the price of its brand of milk by 10 cents a litre, bringing the cost of 1L, 2L and 3L cartons to $1.70, $3.30 and $4.80, respectively.
• The move has led to widespread criticism on social media, with many expressing concern for ongoing cost-of-living pressures.
• A spokesperson for Coles confirmed the price increase, attributing it to ongoing cost increases in the supply chain.
• Some customers have stated they would not mind the increase if they were assured that the extra money is going to the dairy farmers.

Members, do you regularly purchase Coles brand milk? If so, what is your reaction to these price hikes? Are you considering switching to other brands? Let us know your thoughts in the comments below!

Well back to drinking long black and more water less tea

 

[Lizzylou]

Here in South Australia we have been paying 3.30 for a 2 litre bottle of Coles milk for well over a year, it isn't news to us. Is your information so far behind or are the other states suddenly being charged what we have been charged now for a long time. I sometimes wonder about the information we are getting some of it seems very late indeed.

 

[hoppylong]

Aussie shoppers are again on alert because of the ‘sneaky’ changes Coles have made to their own-brand milk range.

The grocery giant has increased the price of their 3L (now $4.80), 2L (now $3.30), and 1L (now $1.70) cartons and bottles of milk by 10 cents per litre, leading to an 80-cent increase in just over a year. That's a 20 per cent rise, by the way.

Unfortunately, for shoppers who regularly buy Coles' milk products, this increase in price means a decrease in their weekly spending.

The retailer's move has attracted a lot of criticism on social media, too.

View attachment 30308

Coles has raised the price of its brand of milk products by 10 cents a litre. Credit: Facebook.

Markdown Addicts Australia, a popular Facebook group for keen shoppers, is just one platform where the price rise has been met with harsh words.

'Milk's gone up again', noted one user. Another said, 'It doesn't seem like that long ago it was $3'.

And people who use a lot of milk (especially those with young kids at home) aren't too pleased either. 'For people with one-year-olds, it will be cheaper to keep them on formula than change to real milk,' said one angry commenter.

Others suggested that—if it would mean more money for the farmers—they'd be willing to pay the increased price.

'Let's hope the farmers get the extra money that we are paying,' commented one user.

When asked by news outlets, a Coles spokesperson confirmed the price rise and said that the change was not easy for the supermarket.

'We have reluctantly raised the price of Coles Own Brand milk by 10 cents a litre due to ongoing cost increases in the supply chain,' the spokesperson said.

'We don't take the decision to raise prices lightly, particularly because of the increased cost-of-living pressures faced by our customers.'

It's understandable why Coles would occasionally resort to this kind of price rise. But, as usual, the shoppers bear the brunt of such costs.

It's no wonder people are pushing for the extra 10 cents per litre to be guaranteed to go to the dairy farmers doing the hard yards.

On the other hand, Woolworths hasn't changed its milk price. This means their own-brand milk products are 10 cents cheaper per litre than Coles'.

This price hike follows recent reports of the Australian Competition and Consumer Commission (ACCC) delaying its decision regarding Coles’ acquisition of two major milk processing facilities.

In April, the supermarket giant announced plans to purchase two milk processing plants from the dairy processor Saputo for $105 million. However, this acquisition is contingent on receiving regulatory approval from the Australian watchdog.

Initially, the ACCC was expected to deliver its decision last week, but it has been postponed due to the regulator's request for additional documents from both Coles and Saputo.

Should the watchdog approve the acquisition, Coles would achieve the distinction of becoming the first supermarket in Australia to own and operate its milk processing facilities.

Dairy farmers are concerned that this acquisition could further reduce competition and lead to lower milk prices.

Read more about this story here.

Key Takeaways

• Coles supermarket has increased the price of its brand of milk by 10 cents a litre, bringing the cost of 1L, 2L and 3L cartons to $1.70, $3.30 and $4.80, respectively.
• The move has led to widespread criticism on social media, with many expressing concern for ongoing cost-of-living pressures.
• A spokesperson for Coles confirmed the price increase, attributing it to ongoing cost increases in the supply chain.
• Some customers have stated they would not mind the increase if they were assured that the extra money is going to the dairy farmers.

Members, do you regularly purchase Coles brand milk? If so, what is your reaction to these price hikes? Are you considering switching to other brands? Let us know your thoughts in the comments below!

Of course it is not easy for Coles to increase their milk price
They wanted to increase it by a dollar to help their diminishing billion dollar profit but there are people in the organization to resisted such a rise so that small price was a compromise
Wes farmers have no regards whatsoever for their customers because if they did , prices would be falling in these tough times .And don't come the red hand price down bull, because all that means that the price are randomly being reduced back to a previous high price.

 

[Leenie]

Untrue I worked for them for 16.5 yrs !

The manager from our w/worth’s told us they do .

 

[molmid]

Aussie shoppers are again on alert because of the ‘sneaky’ changes Coles have made to their own-brand milk range.

The grocery giant has increased the price of their 3L (now $4.80), 2L (now $3.30), and 1L (now $1.70) cartons and bottles of milk by 10 cents per litre, leading to an 80-cent increase in just over a year. That's a 20 per cent rise, by the way.

Unfortunately, for shoppers who regularly buy Coles' milk products, this increase in price means a decrease in their weekly spending.

The retailer's move has attracted a lot of criticism on social media, too.

View attachment 30308

Coles has raised the price of its brand of milk products by 10 cents a litre. Credit: Facebook.

Markdown Addicts Australia, a popular Facebook group for keen shoppers, is just one platform where the price rise has been met with harsh words.

'Milk's gone up again', noted one user. Another said, 'It doesn't seem like that long ago it was $3'.

And people who use a lot of milk (especially those with young kids at home) aren't too pleased either. 'For people with one-year-olds, it will be cheaper to keep them on formula than change to real milk,' said one angry commenter.

Others suggested that—if it would mean more money for the farmers—they'd be willing to pay the increased price.

'Let's hope the farmers get the extra money that we are paying,' commented one user.

When asked by news outlets, a Coles spokesperson confirmed the price rise and said that the change was not easy for the supermarket.

'We have reluctantly raised the price of Coles Own Brand milk by 10 cents a litre due to ongoing cost increases in the supply chain,' the spokesperson said.

'We don't take the decision to raise prices lightly, particularly because of the increased cost-of-living pressures faced by our customers.'

It's understandable why Coles would occasionally resort to this kind of price rise. But, as usual, the shoppers bear the brunt of such costs.

It's no wonder people are pushing for the extra 10 cents per litre to be guaranteed to go to the dairy farmers doing the hard yards.

On the other hand, Woolworths hasn't changed its milk price. This means their own-brand milk products are 10 cents cheaper per litre than Coles'.

This price hike follows recent reports of the Australian Competition and Consumer Commission (ACCC) delaying its decision regarding Coles’ acquisition of two major milk processing facilities.

In April, the supermarket giant announced plans to purchase two milk processing plants from the dairy processor Saputo for $105 million. However, this acquisition is contingent on receiving regulatory approval from the Australian watchdog.

Initially, the ACCC was expected to deliver its decision last week, but it has been postponed due to the regulator's request for additional documents from both Coles and Saputo.

Should the watchdog approve the acquisition, Coles would achieve the distinction of becoming the first supermarket in Australia to own and operate its milk processing facilities.

Dairy farmers are concerned that this acquisition could further reduce competition and lead to lower milk prices.

Read more about this story here.

Key Takeaways

• Coles supermarket has increased the price of its brand of milk by 10 cents a litre, bringing the cost of 1L, 2L and 3L cartons to $1.70, $3.30 and $4.80, respectively.
• The move has led to widespread criticism on social media, with many expressing concern for ongoing cost-of-living pressures.
• A spokesperson for Coles confirmed the price increase, attributing it to ongoing cost increases in the supply chain.
• Some customers have stated they would not mind the increase if they were assured that the extra money is going to the dairy farmers.

Members, do you regularly purchase Coles brand milk? If so, what is your reaction to these price hikes? Are you considering switching to other brands? Let us know your thoughts in the comments below!

 

[molmid]

It is just total greed by big business