The cost of living with Coles and Woolworths | Four Corners

[Music] have a got this it's one of the smaller trolleys too this just cost me almost $400 this is absolute joke Kohl's and Woolworths Australia's big two Under Fire there's no doubt we are paying higher prices than we should they've just become bigger and bigger it's like they've got their hand on your throat and just letting you breathe insiders are speaking out if you're not willing to play their game it's a lot of intimidation so how would you categorize a special a little bit like a drug their million dooll CEOs on the defensive he says that's the definition of price gouging I think I'm done guys you're walking out [Music] really successive Australian governments have allowed coals and wool wor to increase their Market power now we expose the tactics they use to keep prices high and competitors out first it was the farmers who felt the pinch do we want then Supermarket workers and finally it's you the consumer being squeezed by this powerful duopoly [Music] [Music] from the city to the suburbs in country towns they are part of our landscape Kohls and Woolworth we're told they are the fresh food people the home of everyday low prices teenagers they are family dinners and back to school snacks machine our most trusted Brands who have always sold themselves as being firmly on the consumer side value the Australian weight but over the last year this narrative has fractured and consumers are angry two packets of chips for $11 I thought maybe it's wrong I just spent $46 on making a lasagna like lasagna ingredients and I already had a half the ingredients half price was $19 no wasn't $161 you absolute [Music] this tradeing Supermarket sector is stunningly concentrated when you get this much concentration you're going to get higher prices it's just a straight causal relationship uh proved everywhere so I think that's quite clear as head of the A C Rod Sims spent 11 years battling the big two competition policy is a bit like trying to walk up the down escalator if you're not really moving forward and pressing ahead you're going to go backwards and we stopped moving ahead 20 odd years ago it wasn't always this way Kohl's and Woolworth started out as variety stores in the late 1950s when they moved into groceries and fresh produce there were 21 other retailers vying for customer dollars but within just a few years with their new self-served Supermarket model they had cornered around 20% of the market and this concentration already had suppliers especially Farmers worried some of them of course are very frightful this is being done at the cost of their independence but you in fact will tell them what to grow and and when and how now that is certainly not the case the grow is completely independent he is able to deal with us if he chooses and if it suits him but on the other hand if you're the only people to deal with uh he hasn't got much Choice has he no that would be true but it is most unlikely that we will ever be the only people to deal with by the late 1970s Kohl's and Woolworth's market share had doubled to nearly 40% with a rise in shopping malls built around a central Supermarket most of this market share was acquired even before Australia had competition [Music] laws they went on to buy out competitors like Boo Safeway action and dozens of Franklin stores as the New Millennium approached they' submitted their position as the purveyors of convenience a duopoly was born we have allowed these corporations turn a blind eye over a very long period of time almost like boiling the Frog over a very long time that they've just become bigger and bigger Co and woor now control 65% of the grocery Market Aldi has just 10% with Independence like IG making up the rest that means on average for every 10 Australians pay for groceries $650 of that is spent at Kohl's and Woolworth and just $1 at Aldi by contrast in the UK there are five major players vying for a cut of that $10 and in the US there are multiple Supermarket chains in the mix together Kohl's and Woolworth have almost 2,000 stores across Australia generating 8 $84 billion in Revenue this Market power has led to accusations of profiteering exploiting suppliers and taking advantage of consumers at a time when the cost of living is spiraling as prices rise the big 2 supermarkets have revealed record profits Kohl's and Woolworths both reported profits of more than a billion dollars this year and increased their gross profit margins after years of inaction politic from all sides are now talking about taking on the duopoly when you have this march Market power you need a big stick over the top of them and it's time now how you going welcome back there are six inquiries and reviews targeting the duopoly today I announced that the treasurer will be directing the A C to conduct a 12-month price inquiry into the supermarket industry it is time that green Senator Nick mck is leading a senate inquiry into Supermarket pricing and it's time that we hold the CEOs in and ensured that those CEOs are called to account for their pricing practices just watch your head there the CEOs are quick to argue they're not profiteering at the expense of customers do you think your profits are excessive no I think they are fair in the context of the investment that goes into the business every year and the performance uh of of our team when you look at our return on investment it's sort of in the middle of the ASX so you know is the question did we drive profit by uh jacking up prices the answer is no it's really important that uh businesses like Kohl's are profitable Enterprises uh we employ over 120,000 team members we support over ,000 suppliers and we also need to invest in the business to keep it growing uh over [Music] time the evidence over time is that Kohl's and wers had some of the highest margins in the world for supermarkets historically they've been very profitable supermarkets in comparison to overseas Woolworth's latest annual report shows its cost of doing business was flat but its profit margin from selling groceries Rose from 5.3% to 6% that may sound like a small increase but it was worth an extra $318 million in profits last year alone there are many things that go and drive the delivery of that result it's a lot of hard work in productivity and investment it's hard to see how you haven't used the cover of inflation to drive price increases above that and that's what most people would see as price gouging we certainly haven't done it I personally have I've reviewed the supply cost increases which we would have to agree in many cases would have been legitimate if we look at price of fertilizer what happened with International Freight their own wage issues their own disruption issues and our prices on the Shelf that's the question you really asking to be precise between the price on the shelf and the cost increase from the supplier those have been in lock step Cole saw a small increase in its cost of doing business last year pushing its profit margin down slightly to 4.8% but that margin is still higher than its peers in the UK so there were quite often comp comparisons that are made between the UK and Australia uh but Australia has about a third of the population of the UK uh but we operate stores on a geographic footprint which is 30 times the size and so those considerations need to be taken into account when those margins are [Music] compared the there's always been a lot of debate around the numbers and it's difficult to compare across countries but it's harder to argue about the market power of the big [Music] two I'm in the New South Wales town of orange to meet Cherry farmer Michael Cal hey Michael angos hi hey nice to meet you good to meet you yeah thanks for having us good morning I've come on a busy day he's preparing to Pick and Pack this year's Cherry crop we had a little little lull with weather as well and um now we're getting ramping back into it could I get you to roll the stickers and I'll just print one more Batch off if you don't mind this Orchard has been in the cial family for three generations my grandfather came over from Italy after the second world war and they got enough money to put a deposit down on a place you know they would work hard for um from sun up to sun down or even more there was profit there Michael Cal is one of the few Growers willing to speak with us he's getting out of the industry this year's crop will be the Family's last why is the profit not there we're Reliant now on on two major supermarkets really to buy all of our fruit we're at the mercy of them we're price takers so The Profit just isn't there anymore it gets to you a little bit cuz these are beautiful young trees and they're just coming to perfect production uh you know this is five six years after planting so yeah it's going to be a huge shame to see such fantastic trees and you know all that effort just getting pushed into a pile it's like they've got their hand on your throat and just letting you breathe Cal stopped selling into coals 2 years ago he's opened his books for us well there's a huge power imbalance you know you've got hundreds and hundreds of Growers trying to sell to two main supermarkets so they're dictating the price they're controlling what's being bought for how much so it's it's a tricky situation his books show that in the 2022 growing season he sent 11 shipments to Coal's via a third party he made a small profit on four deliveries early in the season for his next seven deliveries Michael kial went from just breaking even to losing substantial money and on one of those occasions his cherries were rejected outright would they ever tell you why it was rejected there's multiple things to reject fruit and you know they can pick something out of the air and say no we don't like it because of this and did you have any power to say I disagree with that absolutely no par at all no no we we just have to cop it uh unless you wanted to be sort of blackbanded one example stands out towards the end of that season coal sent 15 Tons of cherries to be sold at Kohl's an entire semi-trailer load he hoped to receive around $9,000 for his biggest shipment of the year which had been carefully graded to meet kohls's specifications instead he was told the fruit was not up to standard and he was only able to get $5,800 on the seconds Market when you're dealing with thousands and thousands of pieces of fruit you can pick 10 pieces out and say this is no good so that is power that's Market power when you can simply reject something for no great reason would you acknowledge that there is a lack of transparency in how fresh produce is purchased we enter into seasonal commitments with our supplier and I don't I don't know if this is a supplier uh to calls but with our suppliers our fresh Pro supplies we will enter into a seasonal contract isn't there a huge power and balance there that once the fruit is sent off they have very little Choice other than to take the price that they're given so as I said earlier we work closely with our suppliers because we know our suppliers have to be successful for us to be [Music] successful fruit and vegetables are crucial for the big two they're the first thing you see when you enter a store the retailers need to be able to offer apples and pears and all the Horticultural products at a very very good price to get customers through the door and that means that they will put an extraordinary level of pressure on The Growers at to buy super super low prices can I give you a run through how the weekly buying process Jeremy Griff sits on the horiculture council at the national Farmers Federation he says Kohl's and Woolworth's Market power is having a profound impact on the industry we have estimated in the last 12 months alone that we've taken the bulldozers to 15% of the Australian pear Orchards that's a remarkable number 34% of vegetable grows interviewed said that they wanted to get out of the sector in the next 12 months the average age of grows and you would have seen this in your travels you know it's way too old because no young person sees a future in this industry it's a massive massive issue we just need change you know that's the ultimate that's where we are at this point in time we can't keep doing [Music] this well fresh food is the bait to get people through through the door your typical Kohl's or Woolworth store has more than 20,000 items and if you really want to understand how the big retailers operate you need to speak with someone like Julian hilard he spent 38 years in retail including working as a buyer and what's known as a category manager for both Coal's and Woolworth he's bought everything from cereal to nappies to laundry detergent it's your job to pick that right assortment that right mix of products that's going to um maintain the customer satisfaction suit all their needs and obviously assist you in in achieving your targets is there pressure to hit those targets uh there's always pressure to hit targets there's sales targets there's uh margin targets uh there's market share targets then there's profit dollar targets so definitely uh lots of ways that you're perform performance would be assessed this might give you the impression that Kohl's and Woolworth are in a fierce price War but that's not how the duopoly works there's a term called Coal's worth mhm what does that mean to you I think it's a generic term people use to describe the fact that there's not a lot of difference between coals and wwth how closely do Kohl's and WW worths track each other on price they're more less identical in many respects both organizations would have teams of people that would be checking prices to ensure that you were not exceeding what was I guess deemed to be the uh acceptable price in the marketplace so he saying when you worked for woor and Coal's put a price up you'd follow pretty quickly afterwards that would normally be the case I would probably say that you know if you did five shops in Woolworth and five shops in Co and you spent $100 you'd be a few cents difference maybe depending on the specials the fact is little difference on Price is something that even Cole's CEO Leah wet concedes you do price batch with wwor do you we certainly have as one of our considerations when we set price is what is the price of the other retailers not just wwor but all other retailers in the market that compete in the category that we're looking at are you familiar with the term cworth I'm [Music] not without the distraction of a price War the big two can instead focus on pumping up their profit margins to satisfy the share market and it's suppliers who bear the brunt of this they say Kohl's and Woolworths play the game ruthlessly it's absolutely ridiculous the margins that they make the tactics that they deploy one industry Insider has had enough and is now speaking out you're essentially at their Mercy in terms of how they want to deal with you what kind of money they want and they can make Brands overnight and they can destroy Brands overnight that's the reality because of their Market power and concentration he's asked not to be identified because he works for a company currently supplying into kl's and Woolworth if you're not willing to play their game it's a lot of intimidation jacking up prices or deleting it from the shelf and forcing customers to essentially go buy your competitor's product he says Kohl's and Woolworth are always looking to increase their profit margins he cites a recent email exchange with a Cole's buyer where he asked for a price increase initially he rejected or said I can't accept this cost increase based on the current climate and the impact on consumers experi the CO's buyer argued the increase of around 5% wasn't Justified that's where the negotiations started and we ended up giving a lump sum of money to get the price increase through which was accepted in full so you're saying that they will validate your price increase if you give them either more margin or a lump sum of money correct that lump sum was $25,000 towards promotions the CO's buyer's initial concern for the consumer had been quickly [Music] forgotten there are other costs for suppliers wanting to do business with the big two including in-house advertising a full page addin Woolworth's Fresh Magazine will cost $30,000 a 4-we spot on Cole's radio 28,000 and these all contribute to higher prices for customers at the checkout they're the ones that are getting screwed it just means higher prices at the Shelf because the supermarkets are extremely greedy why do you want to speak out I honestly think it's the right thing to do I think the current Situation's gotten extremely out of hand you go to the supermarket you buy a few items you're already talking $75 to $100 a lot of Aussies are struggling out there so you have an email from one supplier we have over 8,000 suppliers that we work with we have a team of people whose job it is to look to validate cost price increases uh and we take that job very seriously he says that's the definition of price gouging is that the case we don't engage in practices like that we're working so you're saying absolutely that this is not a practice that you engage in to use a price increase to increase your margin or your bottom line in another way I would need to see the specifics of any particular scenario to judge whether it's reasonable or not what we have certainly seen is that there has been inflation in cost bases kl's has not been immune to that the increases have been substantial over the last couple of years and uh so some of that does flow through to to the consumer Woolworth denies using similar tactics against its suppliers when a supplier asks for a price increase we would like to engage to make sure it's based on true cost increases and we do that in the context of complying with the code and so you know we're very keen to make sure we don't par on anything more to our customers than is required as a buyer Julian hilard says it was his job to put pressure on suppliers certainly there would be uncomfortable conversations there's no question of that now some people might classify that as robust business um discussion I guess if I felt that someone had already given me everything they could possibly give me and I had to ask for more than personally I felt that that was probably a little a little bit um a little bit of a stretch The Establishment in 2015 of a food and grocery code of conduct was supposed to take some of this friction out of the supermarket supplier relationship under the code each Supermarket points and pays for an Arbiter to handle its complaints the grocery code of conduct is quite frankly a disgrace you have a code with no penalties now let me just emphasize that that is like having a speed limit throughout one of our cities of 60 kilm an hour that's the speed limit then someone say what happens if I go 80 nothing there's no penalty so the laws a joke the code of conduct is a joke why do you think it is that Woolworth has never had a single complaint under the grocery code of conduct uh I mean you know you would have to go and ask suppliers why that's well let me tell you let me tell you your own Arbiter Helen McKenzie okay hel yep has said that suppliers are frightened to complain and that they fear retribution look I think it's just the nature of any relationship that there's going to be that anxiety it's a lot stronger word than anxiety so we engage with us suppliers every week we have robust conversations every week we resolve issues every week it's only if you can't do that that you go to a to to a a code Arbiter or anything else Kohl's had no complaints under the code last Financial year and just five in the previous two years on three of those occasions it agreed to compensate the suppliers so they say they fear retribution and so they would not make a formal complaint well that is not in line with the culture that we have at cols uh and that is why I think most issues are actually resolved in the first instance by our suppliers and our Farmers having a conversation with our category teams so you think it's working well I'm not saying that anyone is not complaining I'm saying that a lot of these issues are getting raised with our category teams and being worked through the food and grocery code of conduct is now under review with a push to make it mandatory and to impose fines on those who breach it the federal government is also reviewing Australia's competition laws Brad banducci is adamant competition is fierce even going as far as talking up Rivals like Aldi they've got 590 stores L they're an amazing business uh they drive incredible value they have 10% of the market though that's not the percentage they have they're in every community and it makes customers have a choice between a will whle koh's and an Aldi at minimum and by the way just up the road is a Costco warehouse sorry you're saying that actually there is really robust competition I mean r Sims the former head of the A C says that we have one of the most concentrated supermarkets in the world is he lying it's not true and it's it is not true this community over here there will be three coal stores within 2 km of it at least one Aldi store a series of Independence ability to within 24 hours have a quarter of our store delivered to you by Amazon it is an incredibly competitive market the risk people have is sorry former head of the competition commission says his words are that we retired by the way I I don't think you would impune his integrity and his understanding of competition law I'm saying the world has got much more competitive he retired 18 months ago he's not okay let's we'll can we take that out is that okay I should I mean he he is retired but I I shouldn't have said that Ang are we going to leave it in there if we are well I mean we're on the record you said it I mean you know let's let's move on but yeah yeah know I think I'm done guys uh you know I do this with good intent you know I don't do this with bad intent you're walking out really no no no can we just talk for a me just have a minute weish let's keep [Music] going Australia we've never been more excited because when you the supermarkets are feeling the pressure it means you're getting Great Value hands down one tactic they've been using to get the public back on side is the lure of specials as seen in their slick ads at wws we can help you spend less in recent months the big two have both announced storewide price cuts a pack that's today's fresh food [Music] people [Music] I'm on my way to see Rosie Thomas the campaign's director at Choice I've brought some groceries with [Music] me so what can you tell us about these ones ah I recognize these products so these barbecue briquettes this is the product where we caught Kohl's out raising locked prices it was not just one item where Kohl's had misled consumers Band-Aids yes again there was a locked price promise but then they put up prices before they should have after Choice complain to the A C about the brickets Kohl's conceded there were 20 items where prices had not been locked for as long as the retailer had promised I'm surprised by this one cornflakes yeah cornflakes are staple in so many households and people were paying more than they should have so Kohl's was caught red-handed they've started refunding the amounts to any consumers who have flybys accounts or um shopped online but there will still be a large number of consumers who bought these products in store and unless they show up with receipts they're not going to get refunds and so we really want to know what Kohl's is doing with that extra money that it's held on to unfairly so despite having misled the consumers on 20 occasions there's been no tangible punishment for coals not yet other than refunding the money which they shouldn't have kept to begin with do you know how much you've refunded we've we have refunded substantially more than uh what the benefit was uh to coals from the increase in price and I think what's important to me is that we have worked hard to understand what went wrong with the processes so uh that they don't happen going forward can you give us the figures of how much customers spent and what you refunded I I don't think that's appropriate that we we get into that level of detail ch really really cheapap here's the thing you need to know about specials they're not really that special grocery suppliers and brands are often expected to fund these promotions not the supermarkets that means suppliers need to set their recommended retail price at a higher level knowing they will have to offer deep discounts for much of the year I'm guessing that the normal price of this is probably over $30 uh in fact yes it is 31 it's on special for $1450 who would ever pay over $30 for that item so why do they even have the recommended retail price I guess they have to set a price and then they'll promote off it you might ask yourself or I would ask myself you know would it be better to have that sweet spot price around about $22 and just sell it for $22 every day the trouble with that is uh it would then just blend into everything else because it wouldn't have the nice big flashy uh ticket on it uh you are attracted to those tickets it helps to drive people into supermarkets it helps everyone feel that they're getting a better deal so how would you categorize a special a little bit like a drug behind the success of Kohl's and Woolworth is a work force of more than 300,000 people they are two of Australia's largest private sector employers but the announcement of record profits has caused friction on the shop floor so I've decided to get a few groceries on the way home through Cole's click and collect yep here we are okay going in here now well that was super easy Drive in 2 minutes later groceries in the back of the car but now I'm going to meet someone who quite possibly helped Pick and Pack my order hey how are you good how are you how's your shift long yeah yeah long it's a stifling day typical for this time of year Anna tells me it's just as hot inside her store as it is out here so how hot did it get in there it got 34 35° it was 34° in there yeah 34 wow that must be uncomfortable yeah it was it was very uncomfortable it makes your job harder to do where Anna Works isn't any ordinary coal Supermarket it's what's known as a dark store while it looks like a supermarket with is a deli and bakery there are no customers inside does doz of Staff fill orders for delivery or click and collect these photos show just how hot it can get Kohl's wouldn't expect its customers to endure temperatures of 34° while they shop but for staff this is just part of the job I catch up with Anna again at home every summer there's people who feel dizzy every summer there's people whose sweats just dripping off them and they want to sit down but um you get a 15 minute break and a 5 hour shift so I think it's not really enough for 1 15 minute break doesn't really allow you time to recover and then go back to work and still keep up the same Pace would you the pace Anna is talking about is quick workers Gathering items for online orders are timed and they're are Target set there is an industry standard of a pick rate of about 180 items per hour our Warehouse particularly during busy periods will push you to go above and beyond that which might be 210 220 in the past they have displayed the names of Pickers um where the ones who are falling behind the official pick rate will be displayed in red how does it make you feel being effectively publicly shamed for not working hard enough it's not fair to people different abilities different different capabilities different reasons for for what speed they can maintain we prioritize um team member safety as something that is absolutely crucial uh in our business and so ensuring that there is an environment um including temperature that is safe for our team member would be something that um we would definitely want to have a look at and understand why that has happened is it acceptable that your team members have to work in 35° heat and what I've said is I will take away that issue and we will have a look at it because it doesn't sound right after the interview with four corners Cole said it had put measures in place to help employees on hot days including providing them with chilled neck ties I'm here for support Anna is part of the first national strike by Supermarket workers in Australian history what do we want what do we want they walked off the job several times last year asking for better wages and conditions when do we want [Applause] it Kohls is not just putting pressure on staff and suppliers there's a whole other area where the supermarket giant is taking advantage of its Market power it's using this power to push its own products without being upfront with consumers you may not realize it but Kohl's is a big player in [Music] wine I've come to the Coleone vintage sellers to pick up a bottle of red there's no shortage of choice but like many consumers I go from mid-price wine at eye level just that one [Music] thanks so I decided on this one the two churches preacher shz I really like the label but what really got me was a story on the back it tells a tale of German immigrants coming to South Australia of two Lutheran priests who fell out and built rival churches at opposite ends of the same Village online it's promoted as a tale from the barasa valley where the priests disagreed on almost everything except the quality of grapes growing in the now famous wine region so I'm here in the braser to find out where these grapes are growing there it is so this is it the Light Pass Emanuel Church just like on the bottle here and over there that's the Rival church it's just such a great [Music] story is this the home of two churches I couldn't tell you that from this bottle Adrien Hoffman is a fifth generation grape grower from the Barosa and says there's no two churches Vineyard around here I think they're sort of misleading the consumer to a certain degree it sounds like a barasa story but um yeah you can't be guaranteed it's Barosa fruit unfortunately so so where is the home of two Church's wine what about the address on the back what does that tell me well that's that's the first thing I'd sort of go to you look at where it's produced and um this says it's Hawthorne East [Music] victoriia so here I am in Suburban Melbourne turns out this is the closest there is to a home for the two churches shz not that it says Coal's anywhere on the bottle Cole says it has around 260 private label wines available through its liquor stores I mean the test under law is would a reasonable consumer be misled now if on the label of the bottle you're telling a story that's unrelated to the product then I think that runs a serious risk of being misleading why not put your name on it why not say it's Cole shardy or Supermarket shz why are you hiding the fact that you own this brand so uh in terms of communicating uh with customers um there are practices across many retailers and many Industries where take that point shouldn't you say shouldn't you be honest with the consumer and say this is a Kohl's wine but why do it we're very comfortable that The Branding approach that we have in our liquor Brands is one that resonates with customers after our interview Kohl's removed any reference to the brussa from its online promotion of two churches from Prime shelf space to Prime real estate there's a more fundamental issue stifling competition in this country access to land an industry Insider has told Four Corners about a tactic used to keep competitors out it involves buying up so-called spoiler sites right across the country a prime example is on Sydney's upper North Shore Woolworth has spent almost a decade trying to redevelop this Council car park into a shopping center and supermarket in exchange for access to the land Woolworth is offering to build a new library and Community Hall it's already purchased three shops if Woolworth gets the green light they'll be part of the new shopping complex but they also have the added benefit of keeping Rivals out I look it's a huge problem but you can understand why it's happened Kohl's and Woolworths want to maintain as concentrated a market as possible there's no doubt it's aimed at reducing competition so therefore you can say it's anti-competitive in that sense uh proving that is tricky does Woolworths use land acquisition or land banking as a way to reduce competition so that's not something we actively do we do in some cases by land this is one of the pieces of land we've bought and developed uh but it's not a way of trying to drive competition it'll be through we need to store in new area and so you'll buy some land and wait for the community to start moving into the area German Supermarket giant caland would likely disagree it halted plans to open supermarkets here in 20120 a lack of suitable locations was cited as one of the [Music] reasons the government is making all the right noises about tackling the power of coals and WW our government is prepared to take action to make sure that Australians are not paying $1 more than they should for the things that they need all of these processes are about one thing and that's about seeing if we can exert more competition but to actually bring down prices it will need to implement reform that previous governments have [Music] ignored former competition boss Rod Sims says the A C needs greater powers to block mergers making it harder for the big two to gobble up Rivals buy land and move into other Industries I think there's no doubt if you want lower Supermarket prices if you want consumers to pay less for goods in supermarkets change the merger laws the the greens who are cheering the upcoming Senate inquiry are exploring more radical change including breaking up coals and wwor the acid test on the prime minister is not going to be what reviews or what processes he's prepared to put in place it'll be what action he is prepared to take whatever happens it's already too late for Cherry grower Michael coal so what do you do do you literally put the bulldozer through here we just get our bulldozer and start pushing yeah just push them up into [Music] piles I don't mind people making money everyone's got to make a little bit of money on the way through but they're just making so much it's it's getting to the point you know the industry can't absorb their greed I don't know what the answer is I'd like to know it because we would keep reinvesting in our Orchards but I can't see a huge Silver Lining so we're we're out we're just getting out yeah [Applause] [Music]

Channel: ABC News In-depth

Views: 896,829

Keywords: abc news, australian news, abc news indepth, documentaries, long-form journalism, costofliving, coles, woolworths, supermarkets, groceries, investigation, wine, cozzielivs, 4corners, FourCorners, farmers, consumers, shopping, inflation, profits, recordprofits

Id: yoo6XVxpiU8

Length: 46min 54sec (2814 seconds)

Published: Mon Feb 19 2024