Supermarkets could face multimillion-dollar penalties under tough new legislation designed to curb price gouging, also known as excessive pricing.

SYDNEY—Coles COL-0.81%decrease; red down pointing triangle Chief Executive Leah Weckert rejected allegations of price gouging in Australian supermarkets, reiterating that the company is likely to ...

As the government considers price-gouging restrictions and $10 million penalties for major supermarkets, the industry group ...

The two major Australian supermarket chains, Coles and Woolworths, intentionally misled customers by placing “illusory” discounts on items that had been temporarily raised in price, according to the ...

Coles reported a profit of $1.08 billion at the end of the 2024-25 financial year, whilst Woolworths had a profit of $1.4 ...

An ongoing investigation into alleged price-gouging by major Australian supermarkets has coincided with shifts in consumer behaviour and brand perception, according to data from YouGov BrandIndex.

Australians can now have their say on supermarket price gouging, with the Government today releasing exposure draft legislation to prohibit excessive ...

Prime Minister Anthony Albanese has invited Emirati 'hypermarket' chain LuLu Group to set up shop on Australia's shores and ...