Coles making $1.1 billion in profits during a cost of living crisis shows the corporate supermarket duopoly needs to be broken up and price gouging needs to be made illegal, the Greens say.<\/p>\n\n\n\n
“Coles is cashing in on a crisis, showing complete contempt for the people who are struggling the most,” Greens Economic Justice Spokesperson Senator Nick McKim said.<\/p>\n\n\n\n
“This is corporate greed at its ugliest, and it\u2019s happening because Labor refuses to rein in these corporate giants.”<\/p>\n\n\n\n
“Coles’ $1.1 billion profit is a sick joke for the millions of Australians struggling to afford food and groceries.”<\/p>\n\n\n\n
“They are price gouging as food prices continue to drive Australia\u2019s stubbornly high inflation numbers.”<\/p>\n\n\n\n
“The Greens won\u2019t stand by while corporate giants like Coles bleed Australians dry. It\u2019s time to break up the supermarket duopoly and make price gouging illegal.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Coles making $1.1 billion in profits during a cost of living crisis shows the corporate supermarket duopoly needs to be broken up and price gouging needs to be made illegal, the Greens say. “Coles is cashing in on a crisis, showing complete contempt for the people who are struggling the most,” Greens Economic Justice Spokesperson … Continue reading “Coles’ Billion Dollar Profits”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-28729","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/28729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=28729"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/28729\/revisions"}],"predecessor-version":[{"id":28730,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/28729\/revisions\/28730"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=28729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=28729"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=28729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}