Just how a business justifies a price increase has a huge influence over whether we keep shopping there,research shows.
In their duopoly,the big supermarkets have a licence to print money,which is premised on them not bleeding the Australian public dry.
You can’t argue that demand has been growing stronger than supply and so causing price rises,while claiming profits have not risen.
Working families are bearing the brunt of inflation pressures,with insurance and housing costs pushing their cost-of-living measure far higher than inflation.
Muesli and milk was becoming a luxury as inflation soared. But there are good signs the nation’s inflation pressures are finally starting to abate.
Smart cafe operators are offering happy hours,discounts or other deals. And in some cases it doesn’t matter which milk you drink.
At a time of rising costs,robots are coming to the rescue,ushering in a new age of food on the run.
Even though prices fell in May,overall inflation has lifted to a six-month high of 4 per cent. Mortgage holders face a nervous wait for the Reserve Bank’s next meeting.
These prices will berry us all in debt!
The predictions are devastating:one in 13 hospitality businesses could close in the next 12 months. So what’s gone wrong,and what can be done to help?
Woolworths and Greenlife Industry Australia have formed an unlikely alliance against the hardware giant,whose managing director says the industry code of conduct is for grocery retailers.