Supermarkets are still making profits despite the rising cost of living.

2024-08-28 00:00

The peak farm organization in the state stated that the billion-dollar profits of the major supermarkets serve as a reminder that Australian families are bearing the cost of failures in competition policy. Coles reported a $1.1 billion annual profit on Tuesday, while Woolworths announced a $1.7 billion profit on Wednesday. NSW.

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