LISTEN: Are supermarkets supercharging your grocery bills? ABCNewsDaily
Hi, I'm Sam Hawley, coming to you from Gadigal Land. This is ABC News Daily. When you cruise the aisles at the supermarket, you would have noticed almost everything is more expensive. Coles and Woollies blame inflation, but is that really all that's at play? Today the ABC's business editor Ian Verrender on why company profits are soaring while households struggle to make ends meet.
will hold off from raising rates next month, depending on what these jobs numbers say to us this week.Sam Hawley: Ian Verrender is the ABC's business editor. A recent Finder survey of more than 1000 households found the cost of a weekly grocery shop has jumped 25% over the past year. Australia's annual inflation rate in January eased slightly to 7.4%. This episode was produced by Flint Duxfield, Sam Dunn and Chris Dengate, who also did the mix. Our supervising producer is Stephen Smiley. I'm Sam Hawley. You can find all our episodes of the podcast on the ABC Listen app. Thanks for listening.
When you cruise the aisles at the supermarket, you would have noticed almost everything is more expensive.Today, the ABC's Business Editor Ian Verrender on why company profits are soaring while households struggle to make ends meet.
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