ARA said the ACCC had found “no evidence of price gouging”. Rising operational costs, not profiteering, are driving higher grocery prices in Australia, according to the Australian Retailers ...

The official inflation rate understates the impact on working people, with real cost increases to essentials, including supermarket prices, invariably higher. That remains the case today.

Australia’s two largest supermarket chains sued over fake-discount claims The country’s regulator found that Woolworths and Coles hiked the price of Oreos, Kleenex and other staples before ...

Excessive inflation can severely impact the economy. From supermarket prices to petrol for your car, high inflation means everyday essentials become much more expensive.

Australias consumer price index (CPI) inflation eased more than expected in May, reinforcing expectations of further interest ...

In a rare case of legal action tied to rising prices, the government sued Woolworths and Coles for what it described as a pattern of deceiving consumers.

It finds Australia’s supermarkets are highly profitable by international standards, ranking among the highest in their peer group. But it did not find the supermarkets were price gouging.

While economic fundamentals appear solid at the halfway point of the year, uncertainty is pervasive. This is according to ...

The owner of Australia's biggest hardware chain, Bunnings, and budget department store chain Kmart also said the country's first interest rate cut in five years, announced this week, would help ...

SYDNEY (Reuters) -As businesses globally fret about sky-high U.S. tariffs reviving rampant inflation, in Australia, the redirection of cheap Chinese goods is expected to provide relief for ...

Hopes for another interest rate cut have been boosted by slowing inflation but economists have declared the RBA will have a “close” decision at the meeting next month.

If you just ignore the rising price of tobacco, inflation in this country looks far better than the statistics show.