Coles Group faces court over alleged fake discounts as inflation and price claims spark scrutiny; Aussie groceries giant, runs Coles, Liquorland, Kmart? (brief bio)
The ACCC has accused Woolworths of using the Prices Dropped campaign to disguise price hikes, alleging 266 products were involved between 2021 and 2023. Coles and Woolworths face questions about timing, real savings, and the impact on shoppers. The case is ongoing in Federal Court.
The conflict in Iran has pushed up energy prices and fuel costs, with gas and oil contributing to higher household bills. The price cap review set for 1 July to 30 September 2026 is expected to show a rise, while a think tank identifies towns most vulnerable to energy-spending shocks.