WEBVTT - Will supermarkets show us their receipts?

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<v Speaker 1>Already and this this is the daily This is the

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<v Speaker 1>Daily ours.

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<v Speaker 2>Oh now it makes sense.

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<v Speaker 3>Good morning and welcome to the Daily Os. It's Wednesday,

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<v Speaker 3>the thirteenth of March. I'm Zara, i'm emma. The cost

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<v Speaker 3>of living crisis has shone a light on Ozzie's supermarket giants,

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<v Speaker 3>Coals and Woolies. The major supermarkets will face a year

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<v Speaker 3>long inquiry by the Competition watchdog. You've got big corporations

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<v Speaker 3>like Coals and Woolies making record profits, ripping off and

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<v Speaker 3>consumers in the middle of a cost of living crisis.

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<v Speaker 3>The retailers are facing mounting accusations of unfair prices and

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<v Speaker 3>anti competitive practices, all.

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<v Speaker 4>Against a backdrop of record profits.

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<v Speaker 2>These concerns have escalated into multiple formal investigations, some of which,

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<v Speaker 2>if I'm being honest, have been pretty hard to keep

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<v Speaker 2>track of lately. So in today deep dive, we're going

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<v Speaker 2>to take you through exactly what the supermarkets have been

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<v Speaker 2>accused of, what these inquiries are trying to achieve, and

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<v Speaker 2>we'll discuss if any of it is actually going to

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<v Speaker 2>lead to cheaper groceries. That's coming up in the deep dive.

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<v Speaker 2>But first, Zara, what's making headlines.

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<v Speaker 3>Donald Trump has said he will release any riders serving

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<v Speaker 3>a prison sentence for the jan six, twenty one attack

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<v Speaker 3>on the US Capitol if he wins the presidential election.

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<v Speaker 3>More than one thy three hundred people have been charged

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<v Speaker 3>since the riots in Washington that led to the deaths

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<v Speaker 3>of at least seven people. The attack started as a

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<v Speaker 3>pro Trump rally after current President Joe Biden's election victory,

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<v Speaker 3>but quickly turned violent. In a post on Trump's platform,

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<v Speaker 3>Truth Social the former US president said if he wins

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<v Speaker 3>the November election, one of his first acts in office

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<v Speaker 3>would be to quote free the January sixth hostages being

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<v Speaker 3>wrongfully imprisoned.

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<v Speaker 2>Over a million homes not connected to the NBN will

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<v Speaker 2>have the price of their super fast broadband capped. It

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<v Speaker 2>comes after the competition consumer watchdog the A Triple C

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<v Speaker 2>announced it'll step in to ensure retailers don't unfairly charge customers.

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<v Speaker 2>The A Triple C said will introduce maximum wholesale prices

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<v Speaker 2>for retailers to ensure their plans are fair for customers

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<v Speaker 2>and businesses who don't have NBN access, and to encourage

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<v Speaker 2>competition between retail internet providers.

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<v Speaker 3>The twenty twenty six Commonwealth Games may have found a

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<v Speaker 3>host country, with the Games's federation offering Malaysia a cash

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<v Speaker 3>incentive to put on the event. Former Victorian Premier Daniel

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<v Speaker 3>Andrews announced the state would not go ahead with plans

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<v Speaker 3>to host the Games, citing budget concerns. The Commonwealth Games

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<v Speaker 3>Federation has now made a formal offer to the Olympic

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<v Speaker 3>Council of Malaysia worth nearly two hundred million Australian dollars.

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<v Speaker 3>That money would go to planning and hosting the competition

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<v Speaker 3>last hosted the Commonwealth Games in Kuala Lumpa in nineteen

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<v Speaker 3>ninety eight.

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<v Speaker 2>And today's good news, Scientists have discovered a way to

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<v Speaker 2>treat infertility after successfully showing a skin cell can be

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<v Speaker 2>used to create an egg capable of being fertilized, what

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<v Speaker 2>will they think of next? Using the skin cell of

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<v Speaker 2>a mouse, researchers from Oregon Health and Science University in

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<v Speaker 2>the US discovered its chromosomes could be engineered to create

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<v Speaker 2>an egg, which could then be fertilized with sperm. Senior

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<v Speaker 2>researchers said the goal is to scale up the process

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<v Speaker 2>to assist humans with fertility. Coals and Woolworths have dominated

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<v Speaker 2>news headlines in recent months. I can't remember a time

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<v Speaker 2>in my life when I had ever heard so much

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<v Speaker 2>said about coals and Woolies.

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<v Speaker 3>I will say, though, I feel like it's more Woolies

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<v Speaker 3>than coals. Yeah, I know that's not the point of

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<v Speaker 3>this podcast, but I do think I'm hearing woolies a

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<v Speaker 3>lot more than coals, but both of them have the

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<v Speaker 3>same accusations leveled against it.

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<v Speaker 2>I wonder if that has something to do with the

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<v Speaker 2>trust that Australians had in Wullies. A survey came out

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<v Speaker 2>last week that found that Woolworth's had dropped from being

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<v Speaker 2>the most trusted brand in Australia to the second least

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<v Speaker 2>lost up to Bunning's. That is interesting, I think, something

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<v Speaker 2>for us to interrogate another time. But right now there

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<v Speaker 2>are multiple inquiries underway examining the supermarket giants to learn

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<v Speaker 2>more about how they set prices, how they pay their suppliers,

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<v Speaker 2>and what that all means for their profits and the

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<v Speaker 2>big question if they're taking advantage of customers.

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<v Speaker 3>And so I guess the reason that there's so much

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<v Speaker 3>interest in coals and Woolies has a lot to do

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<v Speaker 3>with their power, and without going too much into how

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<v Speaker 3>competition laws work in Australia. Both Coals and Woollies control

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<v Speaker 3>roughly two thirds of Australia's supermarket sector. Each company reported

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<v Speaker 3>profits of more than a billion dollars in the last

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<v Speaker 3>financial year, so those profits were probably grad headlines no

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<v Speaker 3>matter what the contexts them. But why has the scale

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<v Speaker 3>of supermarket earnings rubbed so many people the wrong way?

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<v Speaker 4>Recently?

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<v Speaker 2>Plenty has been discussed on this podcast on the Daily

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<v Speaker 2>Ohs over the last two years about inflation. And that's

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<v Speaker 2>really what this kind of curiosity or concern or anger

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<v Speaker 2>against the supermarket giants has stemmed from. So rising prices.

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<v Speaker 2>And I know we probably sound like broken records, but

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<v Speaker 2>there really is no getting around it. You know, everything

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<v Speaker 2>has become more expensive in recent years, but in particular

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<v Speaker 2>the rising cost of food and household goods. That's something

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<v Speaker 2>that most Australians will have been impacted by, something that

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<v Speaker 2>most Australians can relate to. And that's why close attention

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<v Speaker 2>has been paid to the practices at Coals and Mollies.

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<v Speaker 3>I mean I have started to drive between the Coals

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<v Speaker 3>and the Woolies to see which one will be cheaper

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<v Speaker 3>in terms of well I mean it's just that sometimes

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<v Speaker 3>even just between the two, there is a huge disparity,

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<v Speaker 3>and it's because the price of everything has just gone

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<v Speaker 3>up so much that so much is unaffordable for a

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<v Speaker 3>weekly shop. And I have to acknowledge my own privilege

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<v Speaker 3>that for so many they're being priced out almost entirely

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<v Speaker 3>from buying.

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<v Speaker 4>From those two supermarkets.

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<v Speaker 3>And can you just remind me of what the actual

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<v Speaker 3>figures of inflation are, like how much has everything gone up?

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<v Speaker 2>So according to the Australian Bureau of Statistics, the price

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<v Speaker 2>of food and non alcoholic beverages, so the goods that

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<v Speaker 2>we buy from supermarkets had risen by four point five

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<v Speaker 2>percent in December twenty twenty three compared to the same

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<v Speaker 2>time in twenty twenty two. So inflation rising prices are

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<v Speaker 2>a reminder. When we say that prices rose four point

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<v Speaker 2>five percent in December, that means that in the twelve

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<v Speaker 2>months to that point, that's how much more expensive food

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<v Speaker 2>and beverage became. Supermarkets have also been accused of adding

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<v Speaker 2>to inflation by setting their prices high than necessary, and it's.

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<v Speaker 3>Those higher prices that are the focus of the Senate inquiry, right.

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<v Speaker 2>Absolutely, so you will have probably heard the term price

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<v Speaker 2>gouging thrown around a lot in the media, in headlines

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<v Speaker 2>and in discussions about coals and bullies lately. So price

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<v Speaker 2>gouging is when companies unreasonably increase the cost of their products.

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<v Speaker 2>And what does unreasonable mean in this sense, Well, we've

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<v Speaker 2>seen the A Triple C investigate or step in a

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<v Speaker 2>few times before to monitor this concern around this thing

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<v Speaker 2>called price gouging. So, for example, remember when there were

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<v Speaker 2>no rats, covid rats, not to be confused for the rodents,

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<v Speaker 2>many of them plentiful. When we couldn't get any covid rats,

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<v Speaker 2>there were some places selling them for seventy bucks a pop,

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<v Speaker 2>and the A Triple C the Consumer Watchdog investigated in

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<v Speaker 2>that instance, and there were rules in place saying that

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<v Speaker 2>those retailers couldn't do that.

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<v Speaker 4>But it's not illegal to increase your price.

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<v Speaker 3>So there's a difference between increasing your prices and price gouging.

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<v Speaker 2>Yeah, so it's not illegal to increase your prices, but

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<v Speaker 2>it is illegal to make false or misleading claims about

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<v Speaker 2>why prices are that high.

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<v Speaker 4>Okay, So talk me through that.

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<v Speaker 2>So a price gouging inquiry was launched last year by

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<v Speaker 2>the Australian Council of Trade Unions, and it said that

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<v Speaker 2>thirty percent of submissions that it received, so it asked

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<v Speaker 2>for members of the public to tell it what they

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<v Speaker 2>were concerned about when it came to cost of living.

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<v Speaker 2>Supermarkets were flagged as their main concern.

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<v Speaker 4>Of thirty percent of submissions.

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<v Speaker 2>Yeah, okay, So that then tells the a Triple C

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<v Speaker 2>or governments or bodies that there is a community concern

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<v Speaker 2>about prices being set in supermarkets, and then that kind

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<v Speaker 2>of urges those authorities to look into whether or not

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<v Speaker 2>these prices are increasing in line with inflation or as

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<v Speaker 2>a fair and competitive business decision, or whether or not

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<v Speaker 2>it's taking advantage of customers, and if there is transparency

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<v Speaker 2>around that for customers.

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<v Speaker 3>You and I both do some slots on breakfast TV

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<v Speaker 3>every so often on the weekend. I think that we

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<v Speaker 3>have both spoken about supermarket inquiries maybe fifteen times.

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<v Speaker 2>Yeah.

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<v Speaker 3>I think that's because there are so many inquiries currently

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<v Speaker 3>going on. Yeah, can you take me through them all?

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<v Speaker 2>It's meaningful. I think that you and I, we work

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<v Speaker 2>in the news, we've spoken about these inquiries a lot,

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<v Speaker 2>and even going into looking into today's episode, I was like, wait,

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<v Speaker 2>which one. How many? There are so many so it

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<v Speaker 2>is confusing. But let's start with the federal Senate inquiry

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<v Speaker 2>into coals and Woolies, so that one is now underway.

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<v Speaker 4>Okay.

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<v Speaker 2>The Greens were the party that led the call for

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<v Speaker 2>the Senate inquiry, and essentially they had accused Coles and

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<v Speaker 2>Willworths of setting these really really high prices to drive

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<v Speaker 2>up profits. And that inquiry, led by federal senators is

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<v Speaker 2>examining a range of factors like the between rising profits

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<v Speaker 2>by supermarkets and the growing costs of essentials, and whether

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<v Speaker 2>supermarkets are falsely advertising discounts for products.

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<v Speaker 4>What do you mean falsely advertising discounts?

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<v Speaker 2>So if you think about when you go to the supermarket,

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<v Speaker 2>and particularly in this cost of a thin crisis myself,

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<v Speaker 2>maybe others might be really drawn to those big yellow tickets,

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<v Speaker 2>those items that say reduced savings, things that appear to

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<v Speaker 2>the consumer to be a bargain, a deal, particularly cheap.

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<v Speaker 2>So the inquiry is looking into whether or not those

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<v Speaker 2>products that are being pushed as discounted really are discounted,

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<v Speaker 2>whether there are savings there for customers.

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<v Speaker 3>Are the old two for six one three exactly, or

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<v Speaker 3>whether customers are kind of being duped into spending their

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<v Speaker 3>money on those items specifically. Okay, so that's what the

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<v Speaker 3>Senate inquiry is looking at. And you said it was

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<v Speaker 3>already underway, So what have we learned so far about it?

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<v Speaker 2>So that inquiry has already held a couple of hearings,

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<v Speaker 2>and farmers and growers have shared their experience with these hearings.

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<v Speaker 2>So I think the perspective of farmers and growers suppliers

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<v Speaker 2>is maybe missing or has been missing in this conversation.

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<v Speaker 2>You know, we know about the relationship between the big

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<v Speaker 2>retailers and the consumers, but that.

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<v Speaker 4>Is often the focus exactly.

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<v Speaker 2>Yeah, but the goods that are stocked on the shelves

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<v Speaker 2>of these supermarkets come from somewhere, and that's from people

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<v Speaker 2>like farmers. So the National Farmers Federation called these submissions

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<v Speaker 2>to the inquiry horror stories about wholesale prices a quick

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<v Speaker 2>refresher on the supply chain. Farmers and growers grow the

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<v Speaker 2>produce that we eat and drink. So the apples and bananas,

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<v Speaker 2>the cows for dairy milk, the oats for oat milk,

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<v Speaker 2>if that's what you're into, close for my bon sooy.

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<v Speaker 2>They're called primary producers because that's the first step in

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<v Speaker 2>the process. And primary produce users sell their produce to supermarkets.

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<v Speaker 2>They sell them for wholesale prices for large quantities in

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<v Speaker 2>single transactions. So say you know, a couple of trucks

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<v Speaker 2>worth of peaches, which Zara would run far from. Farmers

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<v Speaker 2>and growers have told this Center inquiry in recent weeks

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<v Speaker 2>that the wholesale price of fruit and vegetables hasn't increased

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<v Speaker 2>in fifteen years, despite in store prices increasing.

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<v Speaker 4>Wait, so I just want to stop you there.

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<v Speaker 3>So they're saying the price that they are selling to yeah,

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<v Speaker 3>the price that they are selling to the supermarkets at

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<v Speaker 3>hasn't increased in fifteen years.

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<v Speaker 4>Yeah, but we as.

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<v Speaker 3>Consumers have experienced an astronomical rise in the price of

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<v Speaker 3>buying those goods exactly.

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<v Speaker 2>And these anecdotes, and you know worth mentioning this is

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<v Speaker 2>a group of primary producers who we have heard from.

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<v Speaker 2>It doesn't necessarily mean that these trends are across the board,

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<v Speaker 2>but from what we've heard in the inquiry so far,

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<v Speaker 2>that really speaks to concern that had been raised by

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<v Speaker 2>politicians in the lead up to the inquiry that supermarkets

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<v Speaker 2>are selling produce for a higher profit margin, but that

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<v Speaker 2>farmers are not benefiting from those increased prices. So there's

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<v Speaker 2>still quite a way to go with that inquiry. Some

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<v Speaker 2>more hearing scheduled, but it will hand down its final

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<v Speaker 2>report on the seventh of May.

0:13:22.120 --> 0:13:25.120
<v Speaker 4>Okay. So that's just one of the inquiries. What are

0:13:25.160 --> 0:13:25.720
<v Speaker 4>the other ones?

0:13:26.280 --> 0:13:30.960
<v Speaker 2>There are actually two inquiries that I'd consider the most important.

0:13:31.040 --> 0:13:34.520
<v Speaker 2>So if you remember anything from today's episode, I think

0:13:34.520 --> 0:13:38.080
<v Speaker 2>it should be that this Senate inquiry is marching ahead,

0:13:38.520 --> 0:13:41.840
<v Speaker 2>and another one which is being led by the Australian

0:13:41.920 --> 0:13:47.240
<v Speaker 2>Competition and Consumer Commission AKABA Triple C after calls from

0:13:47.400 --> 0:13:50.320
<v Speaker 2>National's leader David little Proud late last year you need

0:13:50.320 --> 0:13:52.200
<v Speaker 2>a tough cop on the beat that goes in and

0:13:52.280 --> 0:13:54.600
<v Speaker 2>make sure that the consumer and the farmer and the

0:13:54.640 --> 0:13:58.480
<v Speaker 2>processor are being protected from big supermarkets. That one is

0:13:58.600 --> 0:14:02.160
<v Speaker 2>not government led. This is an inquiry independently run by

0:14:02.160 --> 0:14:05.959
<v Speaker 2>the a Triple C. It's looking into how supermarkets set

0:14:06.080 --> 0:14:06.880
<v Speaker 2>their prices.

0:14:06.960 --> 0:14:09.960
<v Speaker 1>The a Triple C has significant powers to look at

0:14:09.960 --> 0:14:14.120
<v Speaker 1>how things like online shopping, loyalty programs and changes in

0:14:14.200 --> 0:14:18.920
<v Speaker 1>technology are impacting competition in the industry, and to examine

0:14:18.960 --> 0:14:22.160
<v Speaker 1>the difference between the price paid at the farm Gate

0:14:22.600 --> 0:14:25.320
<v Speaker 1>and the prices that people are paying at the checkout.

0:14:25.600 --> 0:14:28.360
<v Speaker 2>So we heard from Anthony Albanezi earlier in the year.

0:14:28.640 --> 0:14:31.800
<v Speaker 1>Today I also announced that the government will fund consumer

0:14:31.920 --> 0:14:35.760
<v Speaker 1>organization Choice because across thousands of products and can be

0:14:35.840 --> 0:14:38.640
<v Speaker 1>hard for people to find the best deal.

0:14:38.760 --> 0:14:41.440
<v Speaker 2>And one of its goals is to establish a sort

0:14:41.440 --> 0:14:46.240
<v Speaker 2>of standardized price list for consumers of what they should

0:14:46.320 --> 0:14:50.840
<v Speaker 2>expect to pay for staple grocery items versus what Colson,

0:14:50.880 --> 0:14:53.480
<v Speaker 2>Woolies or your local grocer is charging for those items.

0:14:53.480 --> 0:14:57.680
<v Speaker 2>Interesting those findings, however, by the a Triple C are

0:14:57.720 --> 0:15:00.640
<v Speaker 2>not due until about this time next year.

0:15:00.960 --> 0:15:04.040
<v Speaker 3>And I mean that's one of the many criticisms, which

0:15:04.120 --> 0:15:07.760
<v Speaker 3>is that inquiries are great, except they take an exceptionally

0:15:07.800 --> 0:15:10.960
<v Speaker 3>long time and we might be out of a cost

0:15:10.960 --> 0:15:13.760
<v Speaker 3>of living crisis by then, who knows. And you know,

0:15:14.120 --> 0:15:16.920
<v Speaker 3>the pain is being felt right now for consumers and

0:15:16.960 --> 0:15:19.800
<v Speaker 3>seemingly for farmers as well, So definitely one of the

0:15:19.840 --> 0:15:20.680
<v Speaker 3>criticisms there.

0:15:20.880 --> 0:15:23.920
<v Speaker 2>Yeah, and in this sort of supermarket duopoly, as it's

0:15:23.960 --> 0:15:28.080
<v Speaker 2>been coined, there is concern that the timeline on these inquiries,

0:15:28.200 --> 0:15:30.960
<v Speaker 2>you know, is not going to motivate Coles and Woolworth's

0:15:31.000 --> 0:15:35.560
<v Speaker 2>to do more to make things fairer or easier for consumers.

0:15:35.840 --> 0:15:39.760
<v Speaker 3>Okay, so there are a couple of federal inquiries. There's

0:15:39.760 --> 0:15:41.920
<v Speaker 3>also a state one. I believe at the.

0:15:41.880 --> 0:15:46.480
<v Speaker 2>Moment Queensland is investigating on its own with a parliamentary committee.

0:15:46.640 --> 0:15:49.280
<v Speaker 3>So there's a lot going on there. How have Colson

0:15:49.320 --> 0:15:50.400
<v Speaker 3>Woolies responded?

0:15:51.200 --> 0:15:55.479
<v Speaker 2>So Coles and Woolworths have been pretty firm on rejecting

0:15:55.720 --> 0:16:00.720
<v Speaker 2>suggestions of price gouging this entire time in admission to

0:16:00.800 --> 0:16:03.640
<v Speaker 2>the Senate inquiry. So that first government led one that

0:16:03.680 --> 0:16:08.640
<v Speaker 2>we discussed. Coles we heard from firsthand in that context

0:16:08.720 --> 0:16:11.960
<v Speaker 2>saying that it understands the cost of living strains Australians

0:16:12.000 --> 0:16:15.240
<v Speaker 2>are under and that it tries to quote deliver value

0:16:15.280 --> 0:16:18.200
<v Speaker 2>to customers and is committed to helping lower the cost

0:16:18.240 --> 0:16:20.800
<v Speaker 2>of living. That's the kind of retrick that we've heard

0:16:20.920 --> 0:16:24.720
<v Speaker 2>time and time again with the supermarkets. Ultimately, they deny

0:16:24.800 --> 0:16:27.960
<v Speaker 2>price gouging. They say customer value is important at the

0:16:27.960 --> 0:16:32.080
<v Speaker 2>same time as meeting their increased costs supply chain costs.

0:16:32.680 --> 0:16:35.760
<v Speaker 2>Woolworths have given a similar statement. They've said the company

0:16:35.920 --> 0:16:40.480
<v Speaker 2>is acutely aware of the pressure inflation is placing on customers,

0:16:40.880 --> 0:16:43.680
<v Speaker 2>and it added that it takes steps to provide affordable

0:16:43.680 --> 0:16:46.040
<v Speaker 2>grocery products for all Australians.

0:16:46.360 --> 0:16:49.600
<v Speaker 3>We did, of course see that the head of Woolworths

0:16:49.760 --> 0:16:52.920
<v Speaker 3>announced he will be stepping down, denying that it was

0:16:52.960 --> 0:16:55.600
<v Speaker 3>anything to do with any of what's going on here.

0:16:55.680 --> 0:17:00.200
<v Speaker 3>But again, just this increased pressure on the supermarkets, lot

0:17:00.240 --> 0:17:02.960
<v Speaker 3>of eyes on them, a lot of people demanding answers.

0:17:03.000 --> 0:17:05.520
<v Speaker 3>It's going to be really really interesting to see what

0:17:05.720 --> 0:17:09.200
<v Speaker 3>happens and whether that makes any kind of difference material

0:17:09.240 --> 0:17:11.720
<v Speaker 3>difference at least to the way the calls and will

0:17:11.760 --> 0:17:12.280
<v Speaker 3>lose operate.

0:17:12.560 --> 0:17:16.560
<v Speaker 2>Each inquiry is going to hand down a final report,

0:17:16.680 --> 0:17:20.080
<v Speaker 2>a review they will start coming in from, you know,

0:17:20.200 --> 0:17:24.440
<v Speaker 2>may right up until next February next year. And whether

0:17:24.560 --> 0:17:28.960
<v Speaker 2>or not individually those reports would mean a lot versus

0:17:29.160 --> 0:17:30.920
<v Speaker 2>the kind of momentum of having.

0:17:30.680 --> 0:17:32.960
<v Speaker 4>Them in bold public pressure.

0:17:33.080 --> 0:17:37.000
<v Speaker 2>Yeah, I think maybe that elevated scrutiny could lead to

0:17:37.040 --> 0:17:40.160
<v Speaker 2>some change, but these things are going to take time.

0:17:40.600 --> 0:17:44.280
<v Speaker 2>Will certainly stay on the recommendations. The fallout of what

0:17:44.400 --> 0:17:48.280
<v Speaker 2>happens here, the question of whether or not grocery prices

0:17:48.480 --> 0:17:51.880
<v Speaker 2>will move, you know, we really can't answer that yet,

0:17:51.920 --> 0:17:53.720
<v Speaker 2>which I know is disappointing people.

0:17:53.920 --> 0:17:56.719
<v Speaker 3>Someone listen to this whole podcast to get to that

0:17:56.840 --> 0:18:00.800
<v Speaker 3>answer in the final dying minutes of it now answer is,

0:18:00.920 --> 0:18:01.439
<v Speaker 3>we don't know.

0:18:01.840 --> 0:18:05.400
<v Speaker 2>I think that if anything, my prediction is we will

0:18:05.400 --> 0:18:09.919
<v Speaker 2>see some tighter regulations, substricter reforms that will come in

0:18:09.960 --> 0:18:13.680
<v Speaker 2>and ultimately they will be targeted towards making the industry

0:18:13.880 --> 0:18:18.679
<v Speaker 2>fairer for all players involved, whether that's wholesaler's, retailers or

0:18:18.720 --> 0:18:20.000
<v Speaker 2>you know, us, the little guys.

0:18:20.880 --> 0:18:23.760
<v Speaker 3>We will have to wait and see if Emma's predictions

0:18:23.800 --> 0:18:26.000
<v Speaker 3>they're ring true. But thanks so much for joining us

0:18:26.000 --> 0:18:29.040
<v Speaker 3>on the Daily Ods. If you learn something from today's episode,

0:18:29.359 --> 0:18:31.960
<v Speaker 3>please send it to all your friends and tell them

0:18:32.000 --> 0:18:32.560
<v Speaker 3>to hit.

0:18:32.400 --> 0:18:34.600
<v Speaker 4>Follow on either Apple or Spotify.

0:18:35.080 --> 0:18:36.960
<v Speaker 3>That is what helps us grow and at a time

0:18:37.000 --> 0:18:39.280
<v Speaker 3>when news has never been more important, we value each

0:18:39.359 --> 0:18:40.119
<v Speaker 3>and every one of you.

0:18:40.600 --> 0:18:45.639
<v Speaker 4>Have a great day. My name is Lily Maddon and

0:18:45.680 --> 0:18:49.440
<v Speaker 4>I'm a proud Dunda Bungelung Cargoton woman from Gadigol Country.

0:18:50.240 --> 0:18:53.399
<v Speaker 3>The Daily oz acknowledges that this podcast is recorded on

0:18:53.440 --> 0:18:55.919
<v Speaker 3>the lands of the Gadighl people and pays respect to

0:18:56.000 --> 0:18:59.320
<v Speaker 3>all Aboriginal and Torres Strait Island and nations. We pay

0:18:59.320 --> 0:19:02.240
<v Speaker 3>our respects to the first peoples of these countries, both

0:19:02.320 --> 0:19:03.199
<v Speaker 3>past and present.