Supermarkets Say Price Gouging Ban Does Not Check Out

A fine of $10 million will be introduced when new changes to Australia’s Food and Grocery Code of Conduct take effect in April 2026.
Supermarkets Say Price Gouging Ban Does Not Check Out
Woolworths, Coles and Aldi signage supermarket signage in Melbourne, Australia on March 13, 2024. Asanka Ratnayake/Getty Images
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Australia’s major supermarkets are furious they are being targeted with more regulations, with Coles crying poor about making about $2.50 for every $100 a customer spends.

The federal government has introduced rules to limit “excessive pricing of groceries” with changes to Australia’s Food and Grocery Code of Conduct, which was made mandatory in April.