Big brands ban coles/woolies

  1. 17,316 Posts.
    Nestlie an Mars which produce and supply a host of other brands like petfood, chocolate etc banned supply to these two supermarket chains.
    Their costs have gone up and the supermarkets refused to pay them any more. The power of these global supiers forced supermarkets to raise their prices and pay them more. Sighting drought and costs for forcing up goods like grains, fruit and a host of other ingredients in their goods.

    The take on this is groceries at supermarkets will cost more, the cpi will rise in real terms but im sure the govt will drop anything from the list that causes the cpi to rise and as a consequence wages to rise.

    abc just in news
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