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The Forum > General Discussion > Coles, So who is paying for the discounts.

Coles, So who is paying for the discounts.

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Butcher old bean, you have a hide suggesting that the likes of Goodman Fielder should openly resist Wesfarmers and Woolworths. You seem to be suggesting that Woolies and Coles are the bad guys here.

If there was any corrupt trade practices occurring the ACCC would be right onto it sport. They handed out a fine of $10K to an electrician just down the road for an infringement only last week.

Just in the past year they have prosecuted under the ACL a plethora of hairdressers, restaurants, builders, tradesmen, pharmacies, etc, etc, in fact too many business types to list comprehensively.

I know you’re going to say that they don’t go after the “big guys”, but you would be wrong. They pinched Metricon Homes for flyers that misrepresented the products and Harvey Norman because of their shoddy warranty and replacement practices. These guys can sniff out corrupt business practices at a mile.

Just because Wesfarmers and Woolies sell us the majority of the consumables we go through is no reason to suggest duopoly or market place manipulation. They are great Australian companies who sent George’s corner shop and a load of other migrant crooks packing in their early days.

Today they are giving the independent liquor chains what is coming to then. Thankfully they hold more liquor licenses than any other entity in Australia and thank Christ they are the largest single owner of gaming machines in Australia.

They are also sorting out those bastard independent petrol stations who can discount without grocery vouchers, not to mention that those money grubbing opticians have been given a 20/20 vision shake up.

When my local hardware guy and his Mrs closed their doors I had a party, ding dong the witch is dead I sang at voice and looked for the shadow of the big green barn for savings.

This thread, a propaganda piece for sure. I have known that the ACCC has looked into every restriction of trade issue, from source to supermarket shelf and found these guys have no case to answer.

They out lived Grocery and Fuel watch, god luvem
Posted by sonofgloin, Sunday, 17 February 2013 11:49:48 AM
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Take a pill sonofgloin.

You are one of a very small minority and if you seriously think the likes of the big two are not ruining the retail, fuel, hardware etc industries, not to mention sending many suppliers to the wall, then you are simply blind my friend.

Now given you know so much about them, perhaps you can explain how their profits explode while their prices are slashed,and more so, who is paying form the discounts.

Remember, pre discounting their profit margins were only 3%.
Posted by rehctub, Sunday, 17 February 2013 12:07:06 PM
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God Butcher, The whole post was tongue in cheek,, I can't stand having two bastards getting a piece of everything I purchase. Where is the ACCC? They chase small business and let corporate do whatever they want, I am on your side Rehctub.
Posted by sonofgloin, Sunday, 17 February 2013 1:34:50 PM
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Rehctub, its all about supply chain efficiencies. Coles was a wreck when Wesfarmers took it over. Slowly its being reorganised and made more efficient. Waste is cut everywhere. Coles now have a million people a week more going through their doors. That means more turnover and lower fixed costs per unit sold.

In reality, much of global supermarket food is actually controlled by a few huge mega corportations, who sell under all sorts of brand names. Nestle, Kraft, P&G, J&J, Unilever, Kellogs etc. Coles have been asking them to justify why their prices in Australia are so much higher than in Britain, the US or NZ.

Coles never reduced the price which they paid processors for milk. So if farmers are paid less, blame Lion (owned by Mitsubishi) or Parlamatt (owned by a large french company now).
Posted by Yabby, Sunday, 17 February 2013 2:10:42 PM
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Yabby I agree with every thing in that post.
And to put it bluntly will buy at Coles, Aussie owned before most.
I see a different butcher here, no longer running his shops it appears his views on costs and returns, has done a 360.
Meat is best bought if not in bulk then from one of the big two.
I still thing buying Australian, at a reasonable premium, is worth it, protecting jobs and Aussie producers.
I can buy, dressed on farm, a whole lamb for $140, plus the fuel, so buying two is the affordable way.
Posted by Belly, Sunday, 17 February 2013 4:30:17 PM
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Yabby>> In reality, much of global supermarket food is actually controlled by a few huge mega corportations, who sell under all sorts of brand names. Nestle, Kraft, P&G, J&J, Unilever, Kellogs etc. Coles have been asking them to justify why their prices in Australia are so much higher than in Britain, the US or NZ.<<

>> Indexes Difference

Consumer Prices in Australia are 65.11% higher than in United States

Consumer Prices Including Rent in Australia are 74.04% higher than in United States

Rent Prices in Australia are 94.88% higher than in United States

Restaurant Prices in Australia are 70.14% higher than in United States

Groceries Prices in Australia are 57.62% higher than in United States

Local Purchasing Power in Australia is 24.83% lower than in United States<<

http://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=United+States&country2=Australia

Yes Yabby I love how Wesfarmers and Woolies are screwing us. It’s good to know those multinational brands can sell their stock for less than half in the U.S.

It makes me proud to be an Australian knowing I am paying the rest of the globes way.

You have told me in the past that we all gain from Woolies and Wesfarmers via our super investments. Stuff the investments I want my goods at global rate…not Wesfarmers and Woolies rate. You talk such apologist rhetoric rubbish Yabby, rubbish that blind Freddy knows is sheiser.
Posted by sonofgloin, Sunday, 17 February 2013 5:22:42 PM
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