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The Latest News from food - consumer goods

Expert rejects supermarket land banking concerns

Expert rejects supermarket land banking concerns

A retail expert says it's "not unreasonable" for supermarkets to spend years developing sites for stores, as the government moves to crack down on land banking.

Cash injection as regulator probes supermarket claims

Cash injection as regulator probes supermarket claims

Cash injection as regulator probes supermarket claims

Cash injection as regulator probes supermarket claims

The consumer watchdog has received a cash injection as it examines allegations of land banking and dubious discounts against the major supermarket chains.

Major supermarkets breached trust, Albanese says

Major supermarkets breached trust, Albanese says

Major supermarkets breached trust, Albanese says

Major supermarkets breached trust, Albanese says

It is "a breach of trust" for supermarkets to behave like this, Anthony Albanese says after Coles and Woolworths were criticised over "misleading" specials.

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Aldi reigns supreme as more customers compare grocers

Aldi reigns supreme as more customers compare grocers

Aldi has prevailed in a second supermarket basket comparison, a process many customers are carrying out before their weekly shop.

Chocolate makers using 'skimpflation' after cocoa spike

Chocolate makers using 'skimpflation' after cocoa spike

A global cocoa shortage is set to lead to the cost of chocolates skyrocketing at the supermarket checkout as manufacturers look to pass costs on to customers.

Shopping around could help lower grocery prices for all

Shopping around could help lower grocery prices for all

Aldi shoppers are paying significantly less than Coles or Woolworths customers but the biggest savers could be those shopping across all three.

Psychological tricks behind supermarket discounts

Psychological tricks behind supermarket discounts

Marketing experts say supermarkets are hitting on a human bias to buy with little thought when presented with apparent discounts.

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'Get your act together': PM calls out supermarkets

'Get your act together': PM calls out supermarkets

'Get your act together': PM calls out supermarkets

'Get your act together': PM calls out supermarkets

Coles and Woolworths have been told to start acting in the interests of Australians after the consumer watchdog accused them of misleading customers.

Shareholders test Coles, Woolies over extinction threat

Shareholders test Coles, Woolies over extinction threat

Shareholders test Coles, Woolies over extinction threat

Shareholders test Coles, Woolies over extinction threat

Australia's supermarket duopoly is facing a double-barrelled shareholder challenge over fish farming threats to an ancient, imperilled species.

Coles rejects bid to help avoid ancient fish extinction

Coles rejects bid to help avoid ancient fish extinction

Coles rejects bid to help avoid ancient fish extinction

Coles rejects bid to help avoid ancient fish extinction

Coles shareholders have been told the supermarket giant won't support their efforts to protect an ancient, imperilled species from the effects of fish farming.

Remote island's century-old cheese maker to close

Remote island's century-old cheese maker to close

Remote island's century-old cheese maker to close

Remote island's century-old cheese maker to close

King Island Dairy, on the tiny Bass Strait outpost, will close in mid-2025 after a buyer could not be found, owner Saputo has announced.

Snack food giant calls for sustainability sweeteners

Snack food giant calls for sustainability sweeteners

Snack food giant calls for sustainability sweeteners

Snack food giant calls for sustainability sweeteners

As manufacturing and supply chain costs rise, Australian chocolate company says more incentive is needed to sweeten the sustainability deal.

Woolies registers big profit discount, says prices down

Woolies registers big profit discount, says prices down

Woolies registers big profit discount, says prices down

Woolies registers big profit discount, says prices down

Sales are up at Woolworths but writedowns on its New Zealand stores and drinks business have a taken a huge slice out of its $1.7 billion operating profit.

GYG's first earnings give investors food for thought

GYG's first earnings give investors food for thought

GYG's first earnings give investors food for thought

GYG's first earnings give investors food for thought

Investors ate up better-than-expected sales at fast food chain Guzman Y Gomez, which hit a record high following its first earnings result since going public.

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Coles looking to grow already strong online sales

Grocery giant Coles has detailed plans to shift deliveries from stores to automated warehouses after posting a rise in profit.

Woolies trims chicken deal but Inghams says it's paltry

A rise in supermarket sales offset less consumers buying fast-food chicken but poultry giant Inghams has revealed its biggest customer has now cut its orders.

Free land offer to lure new supermarkets to open in NT

Free land and major project status are being promised to a new supermarket chain by the NT government to help increase competition and drive down prices.

Families 'cutting back on food' as cost of living bites

Families battling the cost-of-living crisis are going hungry waiting for an inquiry into Victoria's food security to report its findings, advocates say.

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Food charity cupboards bare amid cost-of-living crisis

Inflationary pressures are pushing more Australians into food relief queues, with businesses unable to pick up the slack as donations dive.

Greens' essential goods cap 'may lead to shortages'

A Queensland Greens plan to cap prices for essential groceries is set to save households cash at the checkout but an expert has warned it may lead to shortages.

Tactics targeting parents, kids in online junk food ads

Children’s characters and games are among the myriad of tactics being used by junk-food companies to convince parents, teens and kids to consume their products.

Bird flu egg limits makes hash out of Macca's breakfast

Egg shortages caused by bird flu have forced McDonald's to shorten its breakfast hours while the Melbourne Royal Show cancelled its poultry competition.

Supermarkets threatened with break-up for price gouging

The federal opposition has called for divestiture powers to break up major supermarkets if they have been found to be anti-competitive.

Laws could deliver life-saving fruit and vegies boon

Food companies might find it more profitable to donate than to dump if a Senate bill targeting food insecurity passes.

Shoppers urged not to scramble with egg-supply shortage

More than a million chickens are due to be destroyed to fight a growing bird flu outbreak, posing risks to egg supply chains.

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