Who is it, here in Australia, who takes on average 23 cents out of every dollar Australians spent? Surely there is only one answer to that, it has to be the taxman doesn’t it?
No, it isn’t. Would you like a clue?
Okay, so you’ve run out of milk, sugar, breakfast cereals and of course you need to decide what you are going to be cooking for dinner tonight. Where are you going to go? Hmmm, that’s a big decision.
You could go to Coles……….
…….or you could go to Woolworths
Or you could go to………
And therein lies the problem. That’s it! Coles or Woolworths. The choices after that are pretty slim. We have the occasional IGA or Aldi and that’s about it. There are a few independents around, but I’m not sure I’ve seen one.
Back in England we had Tesco, Sainsbury’s, Co-op, Asda, Morrisons, Safeway, Marks & Spencer, Iceland, Somerfield, Budgens and Waitrose to name just the ones that I know.
So who takes on average 23 cents out of every dollar Australians spent? Answer: Coles and Woolworths. Yes, together these two giants are cleaning up here in Australia.
Is it a problem? Well I didn’t think it was until I discovered this rather frightening video. Take a look at this…..
Maybe it’s not as bad as the video is suggesting. I did a groceries cost comparison post a while ago and prices here turned out to be surprisingly close between Australia and the UK.
But you have to say that when two companies have a virtual duopoly on selling us food, alcohol and petrol, (among other things) it can’t be good.
Happy shopping everyone!