Australia’s competition watchdog, the ACCC, has accused Coles and Woolworths of raising prices then lowering them again to mislead shoppers into thinking they were getting bargains on hundreds of everyday items, from pet food to biscuits.

The potential fines could be huge, according to Jeannie Paterson. Penalties for this kind of alleged misconduct rose substantially in 2022 to ensure businesses cannot just flout the law.

Whatever the outcome of the legal proceeding, this action by the ACCC will at the very least signal to consumers there’s a cop on the beat keeping an eye on Australia’s supermarket duopoly.

Margaret Easterbrook

Business Editor

Woolworths and Coles sued by ACCC for allegedly misleading shoppers over the price of more than 500 products

Jeannie Marie Paterson, The University of Melbourne

Woolworths and Coles face potentially massive fines if they are found guilty of misleading shoppers over the price of hundreds of products.

View from The Hill: The Greens’ demands on the RBA make for bad economic policy. Is it also crazy politics?

Michelle Grattan, University of Canberra

When the Greens tell Labor they’re ready to negotiate, what they usually mean is they’re preparing to make populist demands that can’t or shouldn’t be met.

Scientists discover heat-tolerant corals hidden in plain sight. Could it help protect the Great Barrier Reef?

Melissa Naugle, Southern Cross University; Emily Howells, Southern Cross University; Line K Bay, Australian Institute of Marine Science

Remarkable diversity in heat tolerance can help coral reefs under climate change.

Politicians know defamation laws can silence women, but they won’t do anything about it

Sarah Ailwood, University of Wollongong

Away from the glare of high-profile trials, defamation law is being used against women who come forward about sexual harassment. There’s little political appetite to fix it.

The power of nostalgia: why it’s healthy for you to keep returning to your favourite TV series

Anjum Naweed, CQUniversity Australia

C

In the rare event of a vaccine injury, Australians should be compensated

Nicholas Wood, University of Sydney; Sophie Wen, The University of Queensland; Tim Ford, The University of Western Australia

From next month, Australians won’t be able to access compensation for any vaccine injury – from COVID or any others.

In Slick, Royce Kurmelovs exposes just how long, and hard, the fossil fuel industry has worked to advance its interests

Richard Denniss, Crawford School of Public Policy, Australian National University

Most people underestimate just how far in advance the fossil fuel industry plans not only its new projects, but its PR and lobbying efforts, as well.

The internet can be toxic. But there are also online oases where mutual care flourishes

George Buchanan, RMIT University

The rest of the internet can learn a lot from online ‘informal networks’.

Beyond the ivory tower: universities need to prioritise the entrepreneurial mindset, not just new ideas

Rod McNaughton, University of Auckland, Waipapa Taumata Rau

Many higher education institutions are focusing on innovation to be relevant. But this is only half of the puzzle. They also need to be teaching students how to be entrepreneurs.

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    Wenting He, Australian National University

    Having navigated a government crackdown on billionaires, tech tycoon Pony Ma is once again the richest person in China. Could spring be coming for the country’s private sector?

 

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