Woolworths
Company · Retail
Business
Your Woolworths shop now costs 8.5 per cent more than a year ago
Official inflation figures say grocery prices are cooling. The shopping trolley tells a different story. A tracked basket of 20 identical Woolworths items cost $232.02 in July 2026, up from $213.89 in March 2025, a rise of $18.13 or 8.5 per cent.
Business
Woolworths and Coles bank a combined $2.24bn in annual profit
Australia's two dominant supermarket chains filed their full-year results within a day of each other, and the combined arithmetic is the figure politicians will quote for the rest of the parliamentary term.
News
Coles Broke Own Pricing Rules in Down Down Case, Court Hears
Coles admitted in Federal Court it broke its own pricing guardrails on at least two products during its Down Down promotional campaign. The ACCC alleges both Coles and Woolworths misled consumers on 511 products by spiking prices briefly then offering fake discounts.
Consumer Affairs
Supermarkets Face Prosecution for Price Gouging From July
Australia's first excessive pricing regime for supermarkets starts July 1, 2026. The ACCC will be able to prosecute retailers charging more than cost of supply plus a reasonable margin.
AI
McCormick Eyes $30 Billion Bet on Unilever's Food Empire
The spice company's audacious play for Hellmann's, Knorr and Marmite would create a condiment colossus, but the maths requires some creative navigation.