Supermarket Profits, Your Rising Grocery Bill

You feel it every single week. That creeping dread at the checkout. The staple foods

you need to feed your family—bread, milk, fruit, vegetables—their

prices just keep climbing. And your pay? Stagnant. Frozen.

We’re told it’s ‘global pressures’, ‘supply chains’, the ghost of ‘COVID’. But that story is

years out of date. So what’s really driving your pain at the register? Let’s talk about

the elephant in the aisle. While you’re downgrading from brand names to home brand,

the supermarket giants are posting record-breaking profits. In 2023,

Coles made $1.1 billion. Woolworths hauled in a staggering $1.6 billion.