Inflation is starting to worry many Aussies as prices continue to rise. It becomes especially concerning when it affects everyday necessities, such as food and healthcare.

However, amidst all this, there's a lesser-known controversy brewing involving major supermarkets, Woolies and Coles, and it's related to a rather unexpected item: bathroom supplies.

It all started when a shopper took to social media to expose what she deemed an outrageous price for Schick Hydro 5 Sensitive razor blades.

In the video clip, she held up an eight-pack of razor blades and shared that its cost was an eye-watering $43 at both Coles and Woolies.

An Australian woman has gone viral after revealing the insane price of an everyday staple being sold at supermarkets. Credit: TikTok/beep___yen.

It didn't take long for the video to attract a reaction from thousands of other shoppers, all of whom expressed their outrage at the sky-high asking price.

To put the cost into perspective, the shopper added that 'There are people in Australia right now who will literally have to work two hours to be able to afford a pack of eight razors.'

The shopper noticed that the Schick blades being sold in supermarkets were much pricier compared to Schick's own Hydro 5 Sense Hydrate with Coconut Oil. The shopper found out that the blades were available for only $9.50 (price at the time of writing) at the Shaver Shop.

The difference in the products can be partially explained as the Schick blades sold by the Shaver Shop were discontinued by the company and usually sold for around the $39 mark before being reduced in price for a sale.

But even so, the outrage from shoppers was still justified.

One user said, 'And the staff still get minimum wage …’.

Others expressed anxiety over the rising cost of groceries, with one user noting that within three weeks, the cost of cheese had gone from $7 to $12. Another user commented that they had stopped buying anything from the two chain stores unless it was on sale.

Woolworths was quick to respond to the issue. To explain the cost discrepancy, a representative commented that 'Each week, different retailers offer different specials' and that 'At Woolworths, we offer specials on 6000 products every week to help our customers' shop go further.'

The supermarket also clarified that it hadn't stocked Schick's specialised razor blades for around a year, but it still sells a more basic shaving blade pack for the much more reasonable price of 22 cents per blade head.

The controversy comes amidst a growing cost-of-living crisis in Australia, with Compare the Market's Household Budget Barometer recently revealing that 26.3 per cent of Australian adults admitted their savings were going back because they had to dip into their savings to pay for everyday costs.

To make things worse, rising electricity, fuel, and food prices mean that the majority of Australian households are only just getting by, with 63 per cent of those surveyed expressing concern over the cost of groceries.

Despite all of this, worryingly, almost half of those surveyed also admitted they hadn't shopped around for a better deal to try and save during the past 12 months.

Compare the Market's General Manager of Money, Mr Stephen Zeller, said: 'There has been an unprecedented financial change in the last 12 months, and unfortunately, the turmoil doesn't look likely to end anytime soon.'

He went on to state that 'What could be a small change for some households could make a world of difference for people doing it tough.'

Inflation would have been more manageable if companies had not squeezed consumers via excessive price hikes. Credit: Pexels/Karolina Grabowska.

Recent analysis has uncovered a troubling truth: it is not Australian wages but rather excessive corporate profits that are driving the alarming surge in the cost of living. This revelation has prompted strong criticism.

The Australian Institute has conducted a rigorous examination, revealing that inflation would have remained within the desired range set by the Reserve Bank of Australia (RBA) if companies had not burdened consumers with exorbitant price increases throughout the pandemic.

According to the study, Australian businesses have hiked prices by a staggering $160 billion annually, surpassing what was necessary to offset mounting expenses related to labour, taxes, and supply chain challenges.

This excess imposition on consumers has further exacerbated the already burdensome cost of living.

Key Takeaways

• An Australian woman went viral online for exposing the high price ($43) of Schick Hydro 5 Sensitive razor blades sold at Woolworths and Coles supermarkets.
• Comparatively, an alternative product by Schick, the Hydro 5 Sense Hydrate with Coconut Oil, is stated to be available at Shaver Shop for a much lower price ($9.50 as of writing).
• Many social media users expressed their outrage at the significant price difference, with some accusing the supermarkets of constantly raising their prices.
• The debate aligns with a recent report from Compare the Market, which revealed a significant portion of Australian adults feel their savings are depleting due to the rising cost of living in Australia.

This situation clearly demonstrates the value of doing our homework and exploring different options when it comes to shopping. It also highlights the somewhat 'unfair' pricing practices of certain supermarkets regarding their products.

Members, what do you all think about this matter? Have you encountered outrageously inflated prices for certain items at other stores? We'd love to hear your thoughts in the comments below!

 

[Suzanne rose]

Still prices are sky-rocketing at coles and woolworths.
I purchased a packet of 700g mozzarella cheese on line from Coles for $6 I thought it must have been actually reduced by $1 ....when groceries arrived I saw this tiny packet of 250g . So I checked invoice to find it was correct and looked on line only to find the 750g bag of coles mozzarella was intact $12.00 up from $7.00 in a matter of weeks.

maybe we need to boycott both stores and then they won't be so selfish.

Also I sold something on ebay and I always buy a small paid satchel which is $9.90 , I went to the post office yesterday only to fund it went up on the 3rd July to $10.90 Awhole dollar !!!

 

[elchapo]

Inflation is starting to worry many Aussies as prices continue to rise. It becomes especially concerning when it affects everyday necessities, such as food and healthcare.

However, amidst all this, there's a lesser-known controversy brewing involving major supermarkets, Woolies and Coles, and it's related to a rather unexpected item: bathroom supplies.

It all started when a shopper took to social media to expose what she deemed an outrageous price for Schick Hydro 5 Sensitive razor blades.

In the video clip, she held up an eight-pack of razor blades and shared that its cost was an eye-watering $43 at both Coles and Woolies.

View attachment 24746

An Australian woman has gone viral after revealing the insane price of an everyday staple being sold at supermarkets. Credit: TikTok/beep___yen.

It didn't take long for the video to attract a reaction from thousands of other shoppers, all of whom expressed their outrage at the sky-high asking price.

To put the cost into perspective, the shopper added that 'There are people in Australia right now who will literally have to work two hours to be able to afford a pack of eight razors.'

The shopper noticed that the Schick blades being sold in supermarkets were much pricier compared to Schick's own Hydro 5 Sense Hydrate with Coconut Oil. The shopper found out that the blades were available for only $9.50 (price at the time of writing) at the Shaver Shop.

The difference in the products can be partially explained as the Schick blades sold by the Shaver Shop were discontinued by the company and usually sold for around the $39 mark before being reduced in price for a sale.

But even so, the outrage from shoppers was still justified.

One user said, 'And the staff still get minimum wage …’.

Others expressed anxiety over the rising cost of groceries, with one user noting that within three weeks, the cost of cheese had gone from $7 to $12. Another user commented that they had stopped buying anything from the two chain stores unless it was on sale.

Woolworths was quick to respond to the issue. To explain the cost discrepancy, a representative commented that 'Each week, different retailers offer different specials' and that 'At Woolworths, we offer specials on 6000 products every week to help our customers' shop go further.'

The supermarket also clarified that it hadn't stocked Schick's specialised razor blades for around a year, but it still sells a more basic shaving blade pack for the much more reasonable price of 22 cents per blade head.

The controversy comes amidst a growing cost-of-living crisis in Australia, with Compare the Market's Household Budget Barometer recently revealing that 26.3 per cent of Australian adults admitted their savings were going back because they had to dip into their savings to pay for everyday costs.

To make things worse, rising electricity, fuel, and food prices mean that the majority of Australian households are only just getting by, with 63 per cent of those surveyed expressing concern over the cost of groceries.

Despite all of this, worryingly, almost half of those surveyed also admitted they hadn't shopped around for a better deal to try and save during the past 12 months.

Compare the Market's General Manager of Money, Mr Stephen Zeller, said: 'There has been an unprecedented financial change in the last 12 months, and unfortunately, the turmoil doesn't look likely to end anytime soon.'

He went on to state that 'What could be a small change for some households could make a world of difference for people doing it tough.'

View attachment 24747

Inflation would have been more manageable if companies had not squeezed consumers via excessive price hikes. Credit: Pexels/Karolina Grabowska.

Recent analysis has uncovered a troubling truth: it is not Australian wages but rather excessive corporate profits that are driving the alarming surge in the cost of living. This revelation has prompted strong criticism.

The Australian Institute has conducted a rigorous examination, revealing that inflation would have remained within the desired range set by the Reserve Bank of Australia (RBA) if companies had not burdened consumers with exorbitant price increases throughout the pandemic.

According to the study, Australian businesses have hiked prices by a staggering $160 billion annually, surpassing what was necessary to offset mounting expenses related to labour, taxes, and supply chain challenges.

This excess imposition on consumers has further exacerbated the already burdensome cost of living.

Key Takeaways

• An Australian woman went viral online for exposing the high price ($43) of Schick Hydro 5 Sensitive razor blades sold at Woolworths and Coles supermarkets.
• Comparatively, an alternative product by Schick, the Hydro 5 Sense Hydrate with Coconut Oil, is stated to be available at Shaver Shop for a much lower price ($9.50 as of writing).
• Many social media users expressed their outrage at the significant price difference, with some accusing the supermarkets of constantly raising their prices.
• The debate aligns with a recent report from Compare the Market, which revealed a significant portion of Australian adults feel their savings are depleting due to the rising cost of living in Australia.

This situation clearly demonstrates the value of doing our homework and exploring different options when it comes to shopping. It also highlights the somewhat 'unfair' pricing practices of certain supermarkets regarding their products.

Members, what do you all think about this matter? Have you encountered outrageously inflated prices for certain items at other stores? We'd love to hear your thoughts in the comments below!

 

[elchapo]

As the saying goes, don't get angry, get even.

Instead of submitting to Coles and Woolworths unconscionable prices increases, shop around, compare prices with IGA, The Reject Shop, even 2 dollar shops that may be lower than the bully practices of the big boys.

Another way of shopping smart is to buy in bulk whenever the giant supermarkets have a half price promotion.

 

[StephenNikita]

Inflation is starting to worry many Aussies as prices continue to rise. It becomes especially concerning when it affects everyday necessities, such as food and healthcare.

However, amidst all this, there's a lesser-known controversy brewing involving major supermarkets, Woolies and Coles, and it's related to a rather unexpected item: bathroom supplies.

It all started when a shopper took to social media to expose what she deemed an outrageous price for Schick Hydro 5 Sensitive razor blades.

In the video clip, she held up an eight-pack of razor blades and shared that its cost was an eye-watering $43 at both Coles and Woolies.

View attachment 24746

An Australian woman has gone viral after revealing the insane price of an everyday staple being sold at supermarkets. Credit: TikTok/beep___yen.

It didn't take long for the video to attract a reaction from thousands of other shoppers, all of whom expressed their outrage at the sky-high asking price.

To put the cost into perspective, the shopper added that 'There are people in Australia right now who will literally have to work two hours to be able to afford a pack of eight razors.'

The shopper noticed that the Schick blades being sold in supermarkets were much pricier compared to Schick's own Hydro 5 Sense Hydrate with Coconut Oil. The shopper found out that the blades were available for only $9.50 (price at the time of writing) at the Shaver Shop.

The difference in the products can be partially explained as the Schick blades sold by the Shaver Shop were discontinued by the company and usually sold for around the $39 mark before being reduced in price for a sale.

But even so, the outrage from shoppers was still justified.

One user said, 'And the staff still get minimum wage …’.

Others expressed anxiety over the rising cost of groceries, with one user noting that within three weeks, the cost of cheese had gone from $7 to $12. Another user commented that they had stopped buying anything from the two chain stores unless it was on sale.

Woolworths was quick to respond to the issue. To explain the cost discrepancy, a representative commented that 'Each week, different retailers offer different specials' and that 'At Woolworths, we offer specials on 6000 products every week to help our customers' shop go further.'

The supermarket also clarified that it hadn't stocked Schick's specialised razor blades for around a year, but it still sells a more basic shaving blade pack for the much more reasonable price of 22 cents per blade head.

The controversy comes amidst a growing cost-of-living crisis in Australia, with Compare the Market's Household Budget Barometer recently revealing that 26.3 per cent of Australian adults admitted their savings were going back because they had to dip into their savings to pay for everyday costs.

To make things worse, rising electricity, fuel, and food prices mean that the majority of Australian households are only just getting by, with 63 per cent of those surveyed expressing concern over the cost of groceries.

Despite all of this, worryingly, almost half of those surveyed also admitted they hadn't shopped around for a better deal to try and save during the past 12 months.

Compare the Market's General Manager of Money, Mr Stephen Zeller, said: 'There has been an unprecedented financial change in the last 12 months, and unfortunately, the turmoil doesn't look likely to end anytime soon.'

He went on to state that 'What could be a small change for some households could make a world of difference for people doing it tough.'

View attachment 24747

Inflation would have been more manageable if companies had not squeezed consumers via excessive price hikes. Credit: Pexels/Karolina Grabowska.

Recent analysis has uncovered a troubling truth: it is not Australian wages but rather excessive corporate profits that are driving the alarming surge in the cost of living. This revelation has prompted strong criticism.

The Australian Institute has conducted a rigorous examination, revealing that inflation would have remained within the desired range set by the Reserve Bank of Australia (RBA) if companies had not burdened consumers with exorbitant price increases throughout the pandemic.

According to the study, Australian businesses have hiked prices by a staggering $160 billion annually, surpassing what was necessary to offset mounting expenses related to labour, taxes, and supply chain challenges.

This excess imposition on consumers has further exacerbated the already burdensome cost of living.

Key Takeaways

• An Australian woman went viral online for exposing the high price ($43) of Schick Hydro 5 Sensitive razor blades sold at Woolworths and Coles supermarkets.
• Comparatively, an alternative product by Schick, the Hydro 5 Sense Hydrate with Coconut Oil, is stated to be available at Shaver Shop for a much lower price ($9.50 as of writing).
• Many social media users expressed their outrage at the significant price difference, with some accusing the supermarkets of constantly raising their prices.
• The debate aligns with a recent report from Compare the Market, which revealed a significant portion of Australian adults feel their savings are depleting due to the rising cost of living in Australia.

This situation clearly demonstrates the value of doing our homework and exploring different options when it comes to shopping. It also highlights the somewhat 'unfair' pricing practices of certain supermarkets regarding their products.

Members, what do you all think about this matter? Have you encountered outrageously inflated prices for certain items at other stores? We'd love to hear your thoughts in the comments below!

Both Coles and Woolworths are making ridiculous profits. The suppliers are still getting the minimum amount while these companies rip off every day Australians

 

[AlanQ]

Apart from the question why these throw away blades are even sold is what I would say is the outrage. Instead of this disposable product being purchased, buy and electric shaver and do both you wallet and the earth a favour.

 

[Mr Benson]

IGA is WAY dearer than both Coles and Woolworths in my State. At least we have Foodland as a good competitor

 

[Gunpark]

Let's follow the money. The big firms are competing with each other for the money of shareholders so they keep prices up to pay their shareholders a bigger dividend each year, just the same as the banks. The bigger the profits the more they pay the shareholders. So it all gets back to a part of the public who want their shares to create a bigger dividend.

 

[freedy50]

They need some UK supermarkets to liven up the duopoly, but so many rules here stopping them from doing that. It's a shame everyone is stuck with just these two main stores and a few other smaller ones.

And why buy items like that from a supermarket anyway? Go to Chemist Warehouse.

 

[mylittletibbies]

IGA is WAY dearer than both Coles and Woolworths in my State. At least we have Foodland as a good competitor



IGA are also more expensive here in WA, Aldi and Spud Shed are a good alternative.

 

[Shane/#]

Inflation is starting to worry many Aussies as prices continue to rise. It becomes especially concerning when it affects everyday necessities, such as food and healthcare.

However, amidst all this, there's a lesser-known controversy brewing involving major supermarkets, Woolies and Coles, and it's related to a rather unexpected item: bathroom supplies.

It all started when a shopper took to social media to expose what she deemed an outrageous price for Schick Hydro 5 Sensitive razor blades.

In the video clip, she held up an eight-pack of razor blades and shared that its cost was an eye-watering $43 at both Coles and Woolies.

View attachment 24746

An Australian woman has gone viral after revealing the insane price of an everyday staple being sold at supermarkets. Credit: TikTok/beep___yen.

It didn't take long for the video to attract a reaction from thousands of other shoppers, all of whom expressed their outrage at the sky-high asking price.

To put the cost into perspective, the shopper added that 'There are people in Australia right now who will literally have to work two hours to be able to afford a pack of eight razors.'

The shopper noticed that the Schick blades being sold in supermarkets were much pricier compared to Schick's own Hydro 5 Sense Hydrate with Coconut Oil. The shopper found out that the blades were available for only $9.50 (price at the time of writing) at the Shaver Shop.

The difference in the products can be partially explained as the Schick blades sold by the Shaver Shop were discontinued by the company and usually sold for around the $39 mark before being reduced in price for a sale.

But even so, the outrage from shoppers was still justified.

One user said, 'And the staff still get minimum wage …’.

Others expressed anxiety over the rising cost of groceries, with one user noting that within three weeks, the cost of cheese had gone from $7 to $12. Another user commented that they had stopped buying anything from the two chain stores unless it was on sale.

Woolworths was quick to respond to the issue. To explain the cost discrepancy, a representative commented that 'Each week, different retailers offer different specials' and that 'At Woolworths, we offer specials on 6000 products every week to help our customers' shop go further.'

The supermarket also clarified that it hadn't stocked Schick's specialised razor blades for around a year, but it still sells a more basic shaving blade pack for the much more reasonable price of 22 cents per blade head.

The controversy comes amidst a growing cost-of-living crisis in Australia, with Compare the Market's Household Budget Barometer recently revealing that 26.3 per cent of Australian adults admitted their savings were going back because they had to dip into their savings to pay for everyday costs.

To make things worse, rising electricity, fuel, and food prices mean that the majority of Australian households are only just getting by, with 63 per cent of those surveyed expressing concern over the cost of groceries.

Despite all of this, worryingly, almost half of those surveyed also admitted they hadn't shopped around for a better deal to try and save during the past 12 months.

Compare the Market's General Manager of Money, Mr Stephen Zeller, said: 'There has been an unprecedented financial change in the last 12 months, and unfortunately, the turmoil doesn't look likely to end anytime soon.'

He went on to state that 'What could be a small change for some households could make a world of difference for people doing it tough.'

View attachment 24747

Inflation would have been more manageable if companies had not squeezed consumers via excessive price hikes. Credit: Pexels/Karolina Grabowska.

Recent analysis has uncovered a troubling truth: it is not Australian wages but rather excessive corporate profits that are driving the alarming surge in the cost of living. This revelation has prompted strong criticism.

The Australian Institute has conducted a rigorous examination, revealing that inflation would have remained within the desired range set by the Reserve Bank of Australia (RBA) if companies had not burdened consumers with exorbitant price increases throughout the pandemic.

According to the study, Australian businesses have hiked prices by a staggering $160 billion annually, surpassing what was necessary to offset mounting expenses related to labour, taxes, and supply chain challenges.

This excess imposition on consumers has further exacerbated the already burdensome cost of living.

Key Takeaways

• An Australian woman went viral online for exposing the high price ($43) of Schick Hydro 5 Sensitive razor blades sold at Woolworths and Coles supermarkets.
• Comparatively, an alternative product by Schick, the Hydro 5 Sense Hydrate with Coconut Oil, is stated to be available at Shaver Shop for a much lower price ($9.50 as of writing).
• Many social media users expressed their outrage at the significant price difference, with some accusing the supermarkets of constantly raising their prices.
• The debate aligns with a recent report from Compare the Market, which revealed a significant portion of Australian adults feel their savings are depleting due to the rising cost of living in Australia.

This situation clearly demonstrates the value of doing our homework and exploring different options when it comes to shopping. It also highlights the somewhat 'unfair' pricing practices of certain supermarkets regarding their products.

Members, what do you all think about this matter? Have you encountered outrageously inflated prices for certain items at other stores? We'd love to hear your thoughts in the comments below!

People shop around instead of parting with your cash at Woolworths and Coles loyalty doesn't exist with these rip off companies

 

[elaine41]

People shop around instead of parting with your cash at Woolworths and Coles loyalty doesn't exist with these rip off companies

That's an option for those of you who live in the city but for those of us in small rural communities we have no choice. Woolies or IGA & IGA is dearer than Woolies in many of their items.
And, to the person who said buy from Chemist Warehouse - I would have to drive 2-1/4 hours to get to the closest Chemist Warehouse. Again great for those who live in the city but not for those in small rural areas.

 

[Gaena]

We finally have an Aldi in our regional town but it's location is terrible, parking is impossible and the store is small in comparison to the main supermarkets here which we have plenty of, 2 Woolwortha and Coles as well as 3 IGA stores. I would love to see a Spudshed as well as a Big W here but will probably have dropped off the perch before that happens.

 

[Subduedshilo]

We finally have an Aldi in our regional town but it's location is terrible, parking is impossible and the store is small in comparison to the main supermarkets here which we have plenty of, 2 Woolwortha and Coles as well as 3 IGA stores. I would love to see a Spudshed as well as a Big W here but will probably have dropped off the perch before that happens.

I wouldn’t be too excited about getting spud shed. The only thing cheap in there are the spuds. Half the time their fruit and veg are higher than the supermarkets and are going off. Most other products are imported

 

[meeka]

That's an option for those of you who live in the city but for those of us in small rural communities we have no choice. Woolies or IGA & IGA is dearer than Woolies in many of their items.
And, to the person who said buy from Chemist Warehouse - I would have to drive 2-1/4 hours to get to the closest Chemist Warehouse. Again great for those who live in the city but not for those in small rural areas.

Hi Elaine 4
I live in a rural town in Qld that has a Chemist Warehouse.
You are more than welcome to contact me and I could post the goods to you. Just a thought so long as the postage cost is not going to tip the price up to your local buy.
Cheers
Lillian

 

[Keswickian]

If you can't afford it, don't buy it.
If you think the pricing is wrong, the responsible thing to do would be to bring it to the attention of the store manager.
It might make you feel important but there is nothing to be gained by broadcasting it to thousands of people on social media.

 

[Big M]

They need some UK supermarkets to liven up the duopoly, but so many rules here stopping them from doing that. It's a shame everyone is stuck with just these two main stores and a few other smaller ones.

And why buy items like that from a supermarket anyway? Go to Chemist Warehouse.

The article is about an 8 pack so the price is therefore equivalant to the pack you show here that is a 4 pack and works out even a bit dearer!

 

[alyn6652]

IGA is WAY dearer than both Coles and Woolworths in my State. At least we have Foodland as a good competitor

If you are in SA, Drakes are still dearer than Coles and Woolworths. Just lately I have gone back to Aldi to buy certain products (similar to others) and walked out paying less than other supermarkets. Aldi do have some good alternatives.

 

[freedy50]

Apart from the question why these throw away blades are even sold is what I would say is the outrage. Instead of this disposable product being purchased, buy and electric shaver and do both you wallet and the earth a favour.

These are for blokes and some blokes prefer blades to an electric shaver. They both work different ways on your skin. Personally, I've got both.

 

[kevinwoodtufftyke52@gmail]

Inflation is starting to worry many Aussies as prices continue to rise. It becomes especially concerning when it affects everyday necessities, such as food and healthcare.

However, amidst all this, there's a lesser-known controversy brewing involving major supermarkets, Woolies and Coles, and it's related to a rather unexpected item: bathroom supplies.

It all started when a shopper took to social media to expose what she deemed an outrageous price for Schick Hydro 5 Sensitive razor blades.

In the video clip, she held up an eight-pack of razor blades and shared that its cost was an eye-watering $43 at both Coles and Woolies.

View attachment 24746

An Australian woman has gone viral after revealing the insane price of an everyday staple being sold at supermarkets. Credit: TikTok/beep___yen.

It didn't take long for the video to attract a reaction from thousands of other shoppers, all of whom expressed their outrage at the sky-high asking price.

To put the cost into perspective, the shopper added that 'There are people in Australia right now who will literally have to work two hours to be able to afford a pack of eight razors.'

The shopper noticed that the Schick blades being sold in supermarkets were much pricier compared to Schick's own Hydro 5 Sense Hydrate with Coconut Oil. The shopper found out that the blades were available for only $9.50 (price at the time of writing) at the Shaver Shop.

The difference in the products can be partially explained as the Schick blades sold by the Shaver Shop were discontinued by the company and usually sold for around the $39 mark before being reduced in price for a sale.

But even so, the outrage from shoppers was still justified.

One user said, 'And the staff still get minimum wage …’.

Others expressed anxiety over the rising cost of groceries, with one user noting that within three weeks, the cost of cheese had gone from $7 to $12. Another user commented that they had stopped buying anything from the two chain stores unless it was on sale.

Woolworths was quick to respond to the issue. To explain the cost discrepancy, a representative commented that 'Each week, different retailers offer different specials' and that 'At Woolworths, we offer specials on 6000 products every week to help our customers' shop go further.'

The supermarket also clarified that it hadn't stocked Schick's specialised razor blades for around a year, but it still sells a more basic shaving blade pack for the much more reasonable price of 22 cents per blade head.

The controversy comes amidst a growing cost-of-living crisis in Australia, with Compare the Market's Household Budget Barometer recently revealing that 26.3 per cent of Australian adults admitted their savings were going back because they had to dip into their savings to pay for everyday costs.

To make things worse, rising electricity, fuel, and food prices mean that the majority of Australian households are only just getting by, with 63 per cent of those surveyed expressing concern over the cost of groceries.

Despite all of this, worryingly, almost half of those surveyed also admitted they hadn't shopped around for a better deal to try and save during the past 12 months.

Compare the Market's General Manager of Money, Mr Stephen Zeller, said: 'There has been an unprecedented financial change in the last 12 months, and unfortunately, the turmoil doesn't look likely to end anytime soon.'

He went on to state that 'What could be a small change for some households could make a world of difference for people doing it tough.'

View attachment 24747

Inflation would have been more manageable if companies had not squeezed consumers via excessive price hikes. Credit: Pexels/Karolina Grabowska.

Recent analysis has uncovered a troubling truth: it is not Australian wages but rather excessive corporate profits that are driving the alarming surge in the cost of living. This revelation has prompted strong criticism.

The Australian Institute has conducted a rigorous examination, revealing that inflation would have remained within the desired range set by the Reserve Bank of Australia (RBA) if companies had not burdened consumers with exorbitant price increases throughout the pandemic.

According to the study, Australian businesses have hiked prices by a staggering $160 billion annually, surpassing what was necessary to offset mounting expenses related to labour, taxes, and supply chain challenges.

This excess imposition on consumers has further exacerbated the already burdensome cost of living.

Key Takeaways

• An Australian woman went viral online for exposing the high price ($43) of Schick Hydro 5 Sensitive razor blades sold at Woolworths and Coles supermarkets.
• Comparatively, an alternative product by Schick, the Hydro 5 Sense Hydrate with Coconut Oil, is stated to be available at Shaver Shop for a much lower price ($9.50 as of writing).
• Many social media users expressed their outrage at the significant price difference, with some accusing the supermarkets of constantly raising their prices.
• The debate aligns with a recent report from Compare the Market, which revealed a significant portion of Australian adults feel their savings are depleting due to the rising cost of living in Australia.

This situation clearly demonstrates the value of doing our homework and exploring different options when it comes to shopping. It also highlights the somewhat 'unfair' pricing practices of certain supermarkets regarding their products.

Members, what do you all think about this matter? Have you encountered outrageously inflated prices for certain items at other stores? We'd love to hear your thoughts in the comments below!

I will wait till the end of the next financial year to see how much both Woolies and Coles will make in profit! They are screwing the Aussie people.