Keep pulling the thread on Karen Lee.
A federal court found Coles guilty of offering fake discounts that misled its customers.
A federal court ruled that Coles had misled consumers in 13 out of 14 sample promotions that were examined in a case brought by the ACCC.
Reserve Bank of Australia Assistant Governor Sarah Hunter has warned that the bank is more worried about inflation and inflation expectations now than in the past.
According to data from Finder, almost 80% of Australian consumers accuse supermarkets of price gouging.
The Australian Competition and Consumer Commission (ACCC) argued that Coles temporarily raised prices on over 200 everyday products before advertising them as 'Down Down' specials.
A court case similar to the one against Coles has been brought against its rival Woolworths and will be ruled on by the same judge.
Coles and Woolworths control approximately two-thirds of the Australian grocery market.
Data from Finder indicates that groceries are a top source of bill-related stress for about 40% of Australians.
A Roy Morgan survey in late 2023 ranked Woolworths and Coles among Australia's most distrusted brands.
In a Roy Morgan survey from late 2023, Aldi scored much better on consumer trust compared to Woolworths and Coles.
Data from KeenStar Blue showed that over 40% of Australians have changed their grocery shopping habits since the ACCC launched its pricing inquiry.
Approximately 17% of Australian consumers report shopping at Coles and Woolworths less frequently since the ACCC's pricing inquiry began.