Coles milk prices take another surprising turn—see how much you’ll be paying now!
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In a surprising turn of events, Coles supermarket has made a significant change to the price of its own brand of milk.
This comes just months after the retail giant controversially raised the price by 10 cents per litre, a move that sparked widespread criticism.
Back in September 2023, Coles found itself in the hot seat for increasing the cost of its 3L milk varieties from $4.50 to $4.80 and its 2L cartons from $3.10 to $3.30.
This meant that the price of 3L varieties of Coles brand milk had surged by 80 cents in just over a year, marking a hefty 20 per cent increase.
Meanwhile, Woolworths made no changes to the cost of its own brand range of milk, maintaining the same, lower prices.
This disparity between the two major supermarkets further fuelled the public's discontent with Coles' price hike.
However, in a dramatic reversal, Coles has now reduced its prices back down to pre-September levels.
The new prices of the supermarket’s brand of milk are now $1.60 for 1L, $3.10 for 2L, and $4.50 for 3L.
In a recent statement, a Coles spokesperson confirmed the price drop, assuring that it won’t result in its suppliers receiving less money.
'We know the cost-of-living pressures are front of mind for many Australians, which is why in November we lowered the shelf price of Coles Own Brand milk,' the spokesperson said.
‘We pride ourselves on giving customers the best value possible, including our Own Brand range.’
The spokesperson added: 'Helping customers with cost-of-living challenges remains our number one priority at Coles, which is why we lowered the price of more than 300 Aussie summer favourites in January with savings across the store, including meat, popular big-name brands and back-to-school essentials.'
The supermarket giant also emphasised its commitment to its dairy farmers, stating, 'We highly value the longstanding relationships with our dairy farmers, and there has been no reduction in the prices paid to our farmers as a result of the change.'
However, this issue of fair pricing for milk remains a contentious topic, with many arguing that supermarkets should pay more to support the dairy industry.
As shoppers, it's important to stay informed about these issues and consider the impact of our purchasing decisions on local industries.
What are your thoughts on the recent price changes at Coles? Share your thoughts in the comments below.
This comes just months after the retail giant controversially raised the price by 10 cents per litre, a move that sparked widespread criticism.
Back in September 2023, Coles found itself in the hot seat for increasing the cost of its 3L milk varieties from $4.50 to $4.80 and its 2L cartons from $3.10 to $3.30.
This meant that the price of 3L varieties of Coles brand milk had surged by 80 cents in just over a year, marking a hefty 20 per cent increase.
Meanwhile, Woolworths made no changes to the cost of its own brand range of milk, maintaining the same, lower prices.
This disparity between the two major supermarkets further fuelled the public's discontent with Coles' price hike.
However, in a dramatic reversal, Coles has now reduced its prices back down to pre-September levels.
The new prices of the supermarket’s brand of milk are now $1.60 for 1L, $3.10 for 2L, and $4.50 for 3L.
In a recent statement, a Coles spokesperson confirmed the price drop, assuring that it won’t result in its suppliers receiving less money.
'We know the cost-of-living pressures are front of mind for many Australians, which is why in November we lowered the shelf price of Coles Own Brand milk,' the spokesperson said.
‘We pride ourselves on giving customers the best value possible, including our Own Brand range.’
The spokesperson added: 'Helping customers with cost-of-living challenges remains our number one priority at Coles, which is why we lowered the price of more than 300 Aussie summer favourites in January with savings across the store, including meat, popular big-name brands and back-to-school essentials.'
The supermarket giant also emphasised its commitment to its dairy farmers, stating, 'We highly value the longstanding relationships with our dairy farmers, and there has been no reduction in the prices paid to our farmers as a result of the change.'
However, this issue of fair pricing for milk remains a contentious topic, with many arguing that supermarkets should pay more to support the dairy industry.
As shoppers, it's important to stay informed about these issues and consider the impact of our purchasing decisions on local industries.
Key Takeaways
- Coles supermarket reduced the price of its own brand milk after previously increasing it, facing widespread criticism for the hike.
- The new prices have been reverted to $1.60 for 1L, $3.10 for 2L, and $4.50 for 3L, aligning with pre-September levels.
- The price drop came amid concerns over cost-of-living pressures affecting many Australians.
- Coles has assured that the price reduction will not impact the amount paid to its dairy farmer suppliers.
What are your thoughts on the recent price changes at Coles? Share your thoughts in the comments below.