Supermarkets continue to gouge customers

My favourite Scotch Finger biscuits - up 30%
Loaf of bread - up 10%
Milk - up 11%
Tomato sauce - up 8%
Meat up 10%

Will these prices come down?

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LadyGrace ·

Yeh, they've hiked up the prices, sometimes tripling their figures. And you know we're not hurting that bad. They're just taking advantage of the situation with covid and everything else, using it as an excuse to drain us dry. It's not right.

Gusman · 61-69, M

@LadyGrace Supermarkets here are crying poor. They are saying for every dollar spent in store, only 5 cents is profit.

Punches · 46-50, F

@Gusman 5% might seem low but you know those f^ckers are making serious bank for themselves and their annoying shareholders.

Gusman · 61-69, M

@Punches Both our two major supermarkets made over $1 billion profit last financial year.
Coles $1.048 billion net.
Woolworths $1.51 billion net.

jackjjackson · M

Woolworth’s? May I ask where you live please? @Gusman

Gusman · 61-69, M

@jackjjackson Australia. Woolworths - not related to the US Woolworths

jackjjackson · M

Got it. Thank you. @Gusman