A recent report from the ACCC has shone a light on the strength of Australia’s supermarket sector — revealing that major players like Coles and Woolworths are among the most profitable globally.
While this profitability signals a resilient and successful local retail industry, the report also identifies clear opportunities for stronger competition, transparency, and fairness — all of which would benefit Aussie shoppers and suppliers alike.
Key insights:
Australia’s major supermarkets remain globally competitive and profitable.
The ACCC sees room for greater price transparency and supplier fairness.
New reforms will ensure acquisitions are disclosed and reviewed to protect competition.
The Government is investing $30 million to support pricing oversight and $2.9 million to empower growers under the Food and Grocery Code.
ACCC Deputy Chair Mick Keogh:
“There’s a real opportunity here to strengthen competition and ensure better outcomes for both suppliers and consumers.”
What’s next?
Increased transparency around promotions, shrinkflation, and loyalty programs
Fairer dealmaking between supermarkets and Australian producers
Ongoing collaboration between government, industry and regulators to build a more balanced grocery ecosystem
This is a defining moment to shape a more competitive, fair and sustainable grocery sector — one that delivers better value for Aussie families while supporting strong, local supply chains.