"Coles and Woolies are among the most profitable supermarkets in the world, and the only thing crazier than them price gouging their way through a cost of living crisis, is their excuses for it," said Richard Denniss, way back in February last year. Today, the ACCC supermarket inquiry has revealed what we already knew: Australia's big supermarkets have some of the highest profit margins in the world. We've been saying it for years: high inflation has been caused by big companies price gouging &

The prices and profits of these supermarkets are off the charts. Consider making the switch to local businesses and grocers and let’s stop the price gouging. #woolworths #coles #supermarkets #pricegouging #smallbusiness | Lucent Globe